The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Pin to quick picks888 Holdings Share News (888)

Share Price Information for 888 Holdings (888)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 88.65
Bid: 88.25
Ask: 88.55
Change: 0.05 (0.06%)
Spread: 0.30 (0.34%)
Open: 89.70
High: 89.95
Low: 87.50
Prev. Close: 88.60
888 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Bets and burgers: UK Plc profits from Euros but pubs miss out

Tue, 13th Jul 2021 13:14

* Gambling firms see record betting volumes during tournament

* Food delivery orders boom on match days

* Pubs miss out due to virus curbs, trade body says

By Muvija M

July 13 (Reuters) - England's run to the final of the Euro 2020 soccer tournament bolstered business for bookmakers and food delivery firms but pubs lamented a missed opportunity because of coronavirus curbs.

Bookmakers reported record-breaking bets being placed during the month-long tournament, while online food delivery firm Just Eat Takeaway.com saw orders peak at 2.5 per minute on match days in Britain.

But pub operators missed out on 9 million pounds in beer sales during Sunday's final because of pandemic curbs on capacity, the British Beer & Pub Association has estimated.

The final was the highest staking football match in Flutter's history "by a long way", the company told Reuters, with some 30 million pounds gambled across its Paddy Power, Sky Bet and Betfair platforms.

"England's performance has definitely played a role in spending patterns... We have never seen so much support for an England team before," a Flutter spokesperson said.

Rival Entain, which owns Ladbrokes and Coral, called the tournament its "biggest ever sports-betting event", estimating bets at about 250 million pounds.

A more online-focused company, 888, said its platform 888sport had seen more bets being placed on Sunday's England-Italy final than on any other sporting event, beating the record from last week's semi-final against Denmark.

"It wasn't the result England were hoping for but Italy were more popular in the betting on the match and were well backed to win the tournament throughout the month," Kieran Spellman, vice president and head of sports at 888, told Reuters.

England's men lost the final on penalties to Italy, dashing hopes of a first major title in 55 years.

Young & Co's Brewery - 245 of whose 273 pubs show sports - said limits on customer numbers and the requirement that all patrons sit at tables were hurting business.

"The opportunity was lost for our business due to heavy regulated COVID restrictions," a company spokesperson said.

Specialist sports bars and pubs were only catering to around a third of their usual crowd on Sunday, trade body UKHospitality said.

Food delivery firms enjoyed a surge in orders as people gathered in their homes instead to watch the matches.

Finals day fittingly had an Italian flavour -- orders of dessert Tiramisu saw an uplift in many countries, while pizza outsold burgers, according to Just Eat Takeaway. (Reporting by Muvija M in Bengaluru, writing by Sachin Ravikumar Editing by Keith Weir and Gareth Jones)

More News
16 May 2023 15:53

UK shareholder meetings calendar - next 7 days

Wednesday 17 May 
Alpha Group International PLCAGM
Aptitude Software Group PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Baillie Gifford Shin Nippon PLCAGM
Cenkos Securities PLCGM re all-share merger between Cenkos and finnCap
Coats Group PLCAGM
Coca-Cola HBC AGAGM
Computacenter PLCAGM
Conduit Holdings LtdAGM
EKF Diagnostics Holdings PLCAGM
finnCap Group PLCGM re all-share merger between Cenkos and finnCap
Gamma Communications PLCAGM
Georgia Capital PLCAGM
Greggs PLCAGM
HgCapital Trust PLCAGM
Highcroft Investments PLCAGM
Impact Healthcare REIT PLCAGM
Just Eat Takeaway.com NVAGM
Keller Group PLCAGM
LMS Capital PLCAGM
Mpac Group PLCAGM
Savills PLCAGM
Tortilla Mexican Grill PLCAGM
TP ICAP Group PLCAGM
WPP PLCAGM
Thursday 18 May 
Ascential PLCAGM
Asimilar Group PLCAGM
Belvoir Group PLCAGM
Bridgepoint Group PLCAGM
Capital LtdAGM
Central Asia Metals PLCAGM
Ceres Power Holdings PLCAGM
ConvaTec Group PLCAGM
Diaceutics PLCAGM
Digital 9 Infrastructure PLCAGM
Energean PLCAGM
European Assets Trust PLCAGM
Fintel PLCAGM
Genuit Group PLCAGM
Inchcape PLCAGM
Invesco Asia Trust PLCAGM
JPMorgan American Investment Trust PLCAGM
Legal & General Group PLCAGM
Lloyds Banking Group PLCAGM
Merchants Trust PLCAGM
Michelmersh Brick Holdings PLCAGM
musicMagpie PLCAGM
Next PLCAGM
Network International Holdings PLCAGM
NIOX Group PLCAGM
PensionBee Group PLCAGM
Public Policy Holding Co IncAGM
Quilter PLCAGM
Riverstone Energy LtdAGM
Safestyle UK PLCAGM
Science Group PLCAGM
Secure Trust Bank PLCAGM
Smart Metering Systems PLCAGM
Somero Enterprises IncAGM
St James's Place PLCAGM
Tyman PLCAGM
Unite Group PLCAGM
Vesuvius PLCAGM
Vistry Group PLCAGM
Yu Group PLCAGM
Friday 19 May 
Bank of Georgia Group PLCAGM
Permanent TSB Group Holdings PLCAGM
Sancus Lending Group LtdAGM
Monday 22 May 
Blackrock Latin American Investment Trust PLCAGM
Crossword Cybersecurity PLCAGM
Judges Scientific PLCAGM
Stelrad Group PLCAGM
Venture Life Group PLCAGM
Tuesday 23 May 
888 Holdings PLCAGM
Access Intelligence PLCAGM
Arix Bioscience PLCAGM
Bank of Ireland Group PLCAGM
Big Technologies PLCAGM
Bigblu Broadband PLCAGM
Centamin PLCAGM
CT Private Equity Trust PLCAGM
Empresaria Group PLCAGM
Epwin Group PLCAGM
Forterra PLCAGM
Fresnillo PLCAGM
Fulcrum Utility Services LtdGM re issue of conversion shares
Gresham Technologies PLCAGM
Harworth Group PLCAGM
Hilton Food Group PLCAGM
hVIVO PLCAGM
HydrogenOne Capital Growth PLCAGM
IQ-AI LtdAGM
JTC PLCAGM
K3 Business Technology Group PLCAGM
Pebble Group PLCAGM
Portmeirion Group PLCAGM
PPHE Hotel Group LtdAGM
Restaurant Group PLCAGM
Shell PLCAGM
Sherborne Investors (Guernsey) C LtdAGM
TMT Investments PLCAGM
Triple Point Income VCT PLCAGM
Triple Point Social Housing REIT PLCAGM
Trustpilot Group PLCAGM
Twentyfour Income Fund LtdAGM
Wickes Group PLCAGM
Xeros Technology Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 May 2023 10:15

SMALL-CAP WINNERS & LOSERS: Capita counts costs of cyber attack

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
5 May 2023 10:06

LONDON BROKER RATINGS: Redburn cuts Flutter; Stifel likes IMI

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
27 Apr 2023 16:15

UPDATE: Flutter says UK measures may hit revenue by GBP100 million

(Alliance News) - Flutter Entertainment PLC said a long-awaited gambling act review in the UK is "important and necessary" for the industry, which has come under greater regulatory scrutiny.

Read more
27 Apr 2023 12:37

UK govt finally publishes gambling review

(Sharecast News) - The UK government's long-awaited and much-delayed gambling review was finally published on Thursday as it sought to replace outdated legislation drawn up before the proliferation of betting apps on mobile phones.

Read more
27 Apr 2023 12:34

UPDATE: Gambling firms to face compulsory levy in UK white paper plans

(Alliance News) - Gambling companies in the UK are to be forced to step up checks on punters "to better protect even those unable to afford small losses" under plans to tackle addiction in the biggest shake-up of the industry's regulations in 15 years.

Read more
27 Apr 2023 09:56

SMALL-CAP WINNERS & LOSERS: Petrofac shares fall as annual loss widens

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Read more
27 Apr 2023 08:46

UK government proposals on gambling finally expected to be published

(Alliance News) - The long-awaited gambling white paper setting out UK government proposals to make regulation of the sector "fit for the digital age" is expected to be published on Thursday.

Read more
19 Apr 2023 14:01

DIRECTOR DEALINGS: 888 Non-Exec Ori Shaked buys 260,000 shares

(Alliance News) - The following is a round-up of director dealings by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
17 Apr 2023 13:59

DIRECTOR DEALINGS: 888 Chair Jon Mendelsohn buys 100,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
17 Apr 2023 10:23

SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
14 Apr 2023 17:29

FTSE 100 ends higher on bank boost; Dechra shines

Banks hit one-month high

*

Read more
14 Apr 2023 16:55

LONDON MARKET CLOSE: Stocks upbeat on hopes of pause to US rate rises

(Alliance News) - Stocks in London ended a shorter week in the green on Friday, as investors became increasingly confident that the US Federal Reserve will soon call time on its hiking cycle.

Read more
14 Apr 2023 12:01

LONDON MARKET MIDDAY: Sterling tops USD1.25 on hope of peak Fed rates

(Alliance News) - Stock prices in London were in the green at midday on Friday, while sterling hit a 10-month-high against the dollar, as investors predict the Federal Reserve's rate rise cycle may soon come to an end.

Read more
14 Apr 2023 10:28

SMALL-CAP WINNERS & LOSERS: AO World expects top end of Ebitda range

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.