The GI Newswire: 27 Mar 2023

The GI Newswire: 27 Mar 2023

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Cheltenham Festival: Flutter’s online brands collect over £250m in stakes

The three main UK & Ireland brands of Flutter Entertainment – Paddy Power, Sky Bet and Betfair – collected over £250m ($306m) in stakes, with almost 37 million in online bets placed during the Cheltenham Festival week. Many outsiders won on 16 and 17 March, offsetting a customer-friendly set of results on 14 March when five favourites were victorious. Flutter's UK & Ireland brands subsequently ended the week with a profit. On 14 and 15 March, two gamblers won £100,000 and £200,000 as part of the Sky Bet-sponsored and free-to-play promotion ITV7. Read the full story here.

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Futbol Sites named Digital Agency and Commercial Partner for Argentine FA in North America

Playmaker Capital says the deal aligns its brand with one of the world’s “most followed and admired” national football teams.?Per the deal, the Futbol Sites - A part of Better Collective brand will create and support the AFA’s English-language social media channels.?Channels in which Futbol Sites will create an English-language presence for the AFA include Instagram, TikTok, Facebook, YouTube and Twitter.?New accounts for the AFA under the @AFASeleccionEA?handle will be leveraged to distribute custom digital content and branded campaigns in conjunction with Futbol Sites North American commercial partners.?Read the full story here.

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Bloomberry terminates deal to invest in PH Travel and Leisure

Bloomberry Resorts has terminated a deal sheet between itself and PH Travel and Leisure Corp, for a proposed investment in PH Travel and Leisure subsidiaries LapuLapu Leisure and Clark Grand Leisure Group.?LapuLapu Leisure operates the integrated resort Emerald Bay in Cebu, the Philippines, alongside Clark Grand Leisure.?As said by Bloomberry, a decision was only taken to not invest in this jointly managed property after it carefully considered “the results of due diligence on the target companies and projects.”?Read the full story here.

Other popular stories from Asia-Pacific:

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