Proactiveinvestors United Kingdom - Sports RSS feed Proactiveinvestors United Kingdom - Sports feed en Sat, 20 Jan 2018 11:29:35 +0000 Genera CMS Manchester United unveils commercial deal #54 as Melitta becomes ‘official coffee partner’ Mon, 20 Nov 2017 15:56:00 +0000 Manchester United set to hook-up with Tinder Tue, 01 Aug 2017 18:21:00 +0100 Manchester United on track for record revenues as it ups full-year guidance Tue, 16 May 2017 14:11:00 +0100 Sports betting tips: Manchester United favoured over Spurs Fri, 09 Dec 2016 14:56:00 +0000 TopBetta Holdings Ltd raises $2.6M to grow customer base TopBetta Holdings Ltd (ASX:TBH) has received commitments to raise $2.6 million in a share placement to global and domestic sophisticated and institutional investors.

TopBetta is a fast growing online betting website in Australia achieving 400% growth in the past 12 months.

The company is using its proprietary technology to take share from the global wagering market.

Funds from the placement of 14.5 million shares at $0.18 will be used to aggressively target customers over the spring racing carnival period and expedite the launch of new products.

Since listing on the ASX in December 2015, TopBetta has grown users to 5,945 from 2,882 and quarterly wagering turnover to $11.17 million from $3.80 million.

TopBetta intends to complete its Northern Territory licence approval and launch multi betting shortly.

With the online wagering industry growing at 20% each year, the market is ready to be innovated with little to no innovation experienced recently.

The company plans to launch Global Tote by October which will see the business expand globally.

TopBetta is chaired by former Seven West Media executive Nick Chan.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Thu, 18 Aug 2016 07:00:00 +0100
TopBetta Holdings Ltd in an ASX trading halt TopBetta Holdings Ltd (ASX:TBH) is preparing to outline details of a share placement, and the ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Thursday 18th August 2016, or earlier if an announcement is made to the market.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Tue, 16 Aug 2016 01:00:00 +0100
Manchester United set for £0.5bn of revenue in 2016 Fri, 13 May 2016 12:43:00 +0100 Will Ed Woodward be grilled by Manchester United investors? Fri, 13 May 2016 06:30:00 +0100 TopBetta Holdings bets on global fantasy sports wagering trend Online race betting company TopBetta Holdings Ltd (ASX:TBH), Australia’s first fantasy wagering company to be listed on the ASX, signed an agreement to make a strategic investment in the Australian wagering technology company, Modern Wagering Systems Pvt Ltd (MWS).

TopBetta is chaired by former Seven West Media executive Nick Chan.

The deal includes TopBetta being issued 12.5% of the shares in MWS for $250,000 with an option to increase the stake in the future.

As part of the agreement, TopBetta will be appointed as the exclusive wholesale distributor of MWS’s newly developed pooled betting product on global sporting contests.

In February 2016, TopBetta announced an advertising deal worth $1 million across 140 websites of Fairfax Media’s (ASX:FXJ) Australian Community Media division to promote fantasy tournaments.

Fairfax Media claims 3.4 million readers and a circulation of 2.1 million providing a strong growth platform for TopBetta.

TopBetta commenced trading on the ASX in December 2015 after raising $6 million from an initial public offering.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Fri, 01 Apr 2016 04:00:00 +0100
Man Utd set for record yearly revenue Thu, 11 Feb 2016 14:53:00 +0000 TopBetta Holdings in sports radio deal as partners multiply TopBetta Holdings (ASX:TBH) has secured an exclusive partnership to provide sports betting, race wagering and fantasy tournament services with new digital radio platform EON Sports Radio and its associated mobile app.

EON Sports Radio broadcasts both original and licensed sports radio programs, covering major sports such as the A League, NBL, Australian AFL, NRL and cricket, and will be the exclusive Australian audio broadcaster of the English Premier League and many other European competitions through its partnership with international sports radio station, talkSPORT.

The deal will also use the talent from TopBetta’s “The Punters Show” premium content providers every week. 

Glenn Wheatley, a music industry entrepreneur who was a pioneer in bringing FM radio to Australia, is the key driver of EON Sports and has cited TopBetta’s growth opportunities in the deal.

“We are obvious partners for each other and offer a lot in our respective businesses that are unique to Australia on a national level,” he said.

TopBetta’s Saturday morning radio show is expected to be launched this weekend on EON Sports Radio, coinciding with the company’s big $50,000 Magi Millions tournament.

Magic Millions will also kick off an exclusive partnership established last week between TopBetta and new digital horse racing business

The partnership allows G1X to engage with their audience while allowing TopBetta to monetise this base with first to market wagering products.

Proactive Investors is a global leader in financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Mon, 04 Jan 2016 04:00:00 +0000
Man Utd set to score annual revenue record Fri, 13 Nov 2015 12:05:00 +0000 Manchester United hires Sportech’s Cliff Baty as new CFO Mon, 26 Oct 2015 16:11:00 +0000 Manchester United 2015 revenue drops as it failed to qualify for Champions League Thu, 17 Sep 2015 13:22:00 +0100 Manchester United shares rise as David de Gea stays Fri, 11 Sep 2015 15:47:00 +0100 Planet Fitness is in great shape, says Jefferies Thu, 03 Sep 2015 20:31:00 +0100 Manchester United shares fall in US as Wall Street open mixed

Shares in the prolific football club Manchester United (NYSE:MANU) dropped as trading started in New York after news that manager Sir Alex Ferguson is to retire.

The firm lost 2.5%, or 47 cents to stand at US$18.30 a share.

Arguably the greatest manager English football has ever seen, the news has sent waves through the soccer world across the globe.

The 71-year-old Scotsman has been at the helm at one of the globe's most famous clubs for 26 years and has amassed 28 trophies.

There is mounting speculation about who will succeed him but, as yet, no announcement.

On Wall Street, the Dow Jones slipped 14 points to 15,042, while the broader S&P gained two to stand at 1,628.

Electronic Arts Inc was the biggest gainer on S&P, gaining 12.5% while the biggest loser was CH Robinson Worldwide, sheddding 7.1%.

In London, depsite adverse reactions to results from big hitters Standard Chartered (LON:STAN), InterContinental Hotels (LON:IHG), CRH (LON:CRH) and Sainsbury (LON:SBRY), Footsie is clinging on to the morning’s gains - up over 22 points, at 6,580.

A couple of stocks that have pleased the market with trading updates are fashion chain Next (LON:NXT) and accountancy software group Sage (LON:SGE).

Down among the tiddlers, iron ore and manganese explorer Ferrex (LON:FRX) rose after completing an agreement to raise its stake in the Mebaga iron ore project in Gabon to 82%.

Ferrex will issue 40mln new shares at a price of 2.5p to acquire an additional 17% of Ressources Equatoriales, the company that holds the Mebaga licence.

The new shares, which are being issued to minority shareholders in Ressources Equatoriales, will represent 4.97% of the enlarged share capital of Ferrex.

Oxford Pharmascience, up 2%, is wanted after it announced the results of a study on mice which showed that its OXPzero Ibuprofen material reduces the irritation and ulcerating damage of ibuprofen.

If the results are repeated in humans, then that will be great news for pain sufferers who cannot abide the side effects of taking non-steroidal anti-inflammatory drugs (NSAIDs); these include ulcers and bleeding, and in extreme cases can lead to significant poor health or even death.

The NSAIDs market is an absolutely massive one, with around US$12bn a year spent on this class of drugs. If Oxford can crack the problem of gastrointestinal side effects then the market will be even bigger, and the UK company would be set to grab a significant slice of it.

Beowulf Mining (LON:BEM) has submitted an in-depth application to the Swedish authorities for an Exploitation Concession for its Kallak North iron ore deposit.

“This represents a significant step forward in the development of our flagship Kallak iron ore project and demonstrates our belief in its potential,” said executive chairman Clive Sinclair-Poulton in an operational update.

The assessment process by the appropriate Swedish authorities is currently expected to take four-to-nine months.

The successful receipt of an Exploitation Concession in due course would grant Beowulf the right to carry out mineral exploitation for a 25-year period.

Union Jack Oil (ISDX:UJOP) will participate in an upcoming drill programme on the Wressle prospect in Lincolnshire.

It has signed a deal with operator Egdon Resources (LON:EDR) to take an 8.33% stake in the licence that contains Wressle.

To earn this stake Union Jack will pay a sixth of the well costs.

Gold miner Kryso Resources (LON:KYS) took a hit after announcing it is to set up a new holding company based in the Cayman Islands ahead of a possible switch of listing to Hong Kong from AIM.

Existing Kryso shares will be cancelled and shareholders will receive shares in the new company on a one-for-one basis. 

Kryso said the change reflects the fact that the majority of its shareholders are now based in China and Hong Kong and are more familiar with Cayman holding company structures.

The new structure will also help with future M&A activity and better prepare the group for a foreign listing and accompanying fundraising.

The FTSE AIM All-Share is also down 0.23 to 715.18, while the FTSE AIM 100 is up 0.58 to stand at 3245.35.

Wed, 08 May 2013 15:24:00 +0100
Manchester United shares little changed after NYSE debut - UPDATE Premier League powerhouse Manchester United's (NYSE:MANU) IPO failed to inspire much movement Friday, with shares little changed just past noon in New York.

Fri, 10 Aug 2012 17:23:00 +0100
Manchester United looks to raise $100 Million in U.S. IPO Legendary English soccer club Manchester United has filed plans to raise $100 million in an initial public offering on the New York Stock Exchange.

Wed, 04 Jul 2012 13:14:00 +0100