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Yell names Tony Bates as its new head of finance

first_img whatsapp Yell names Tony Bates as its new head of finance YELLOW-PAGES publisher Yell appointed Tony Bates, a former executive at telecoms provider Colt and music label EMI, as its new finance chief yesterday.Bates, 54, said in July he would step down as CFO of corporate telecoms specialist Colt, where Yell said he had been instrumental in turning the business around to becoming cash-generative, debt-free and profitable.Heavily indebted Yell said in May that both Chief Executive John Condron and CFO John Davis would leave the company by May 2011, sending its shares down 19 per cent on the day. Bates, who was also CFO of EMI from 2000 to 2002, said in a statement he saw the potential for Yell to “prosper considerably” thanks to its strong brand, profitability and cash generation as business confidence returned. Yell, which is fighting to hold its own against rivals like Google online, reported an 11 percent drop in sales for the quarter to the end of June. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Share whatsapp Show Comments ▼ Tags: NULL Monday 4 October 2010 8:53 pmlast_img read more

ProSieben to enter German betting market with Betsson

first_imgIts new partner Masterpiece Gaming, meanwhile, aims to use it the launch of JackOne as a precursor to expanding into other regulated markets, leveraging ProSiebenStat’s media reach to build a strong customer base. Product & technology Betsson secured an online sports betting licence from the Regional Council of Darmstadt in March this year, covering its Betsson, Betsafe, Casinowinner, Guts, Rizk Sport, Nordicbet and Schnellwetten brands. Tags: Betsson ProSiebenSat.1 JackOne While the country’s sports betting market has been open for business since October last year, online slots and poker are currently subject to a transition period, that should end from 1 July, once the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) comes into effect.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter It will roll out online sports betting under the JackOne brand, with the site powered by Betsson’s B2B sportsbook solution and player account management platform Techsson.  Regions: Central and Eastern Europe Germany This will be supported by customer support, odds, risk management and a payment platform. The agreement is based on a performance-based product fee, that will run for two years with a renewal option included.  German media giant ProSiebenSat.1 is to enter the country’s regulated betting market, launching a new brand powered by Betsson’s B2B solutions. Subscribe to the iGaming newslettercenter_img “We are proud that Masterpiece Gaming has chosen us as a supplier.” Topics: Sports betting Online sports betting Product & technology ProSieben to enter German betting market with Betsson Email Address Betsson, which has previously signed a similar deal to power Claymore Group’s iBet brand in January last year, said the deal confirmed its status as a “global, in-demand supplier of B2B sportsbook and platform solutions”. “This deal proves that we have a competitive sportsbook product that is attractive and in demand by the market,” Betsson chief executive Pontus Lindwall said. “Adding Masterpiece Gaming to our list of of B2B sportsbook solution partners confirms our ambition to be a strong supplier on the B2B sportsbook market as part of our growth strategy.  11th June 2021 | By Robin Harrison The business, which offers free-to-air channels such as ProSieben and Kabel Eins, has established a new subsidiary, Masterpiece Gaming, that sits within its commerce and ventures division.  That looks likely to be accompanied by a hefty 5.3% tax on slot and poker turnover, despite industry opposition, after it was voted through by the Bundestag Finance Committee earlier this week. A full vote in the parliament is likely to follow later this month, with industry sources describing its passage as a “formality”. last_img read more