Sky sells majority stake in Sky Bet

[golfbettingsystem]

golfbettingsystem, Venture Capital might decide to trim the number of golf events they cover

Would be a shame if they did, as you know they're pretty unbeatable in terms of tournament coverage. A little more aggressive in terms of price and they'd pick up lots more business IMO

[BetterNick]

Would be a shame if they did, as you know they're pretty unbeatable in terms of tournament coverage. A little more aggressive in terms of price and they'd pick up lots more business IMO

I do have some sympathy with them on over-rounds as they don't have the insurance of comparing prices with other books. Think they'd benefit alot if there was some competition to grow interest.

But yes hopefully it doesn't get cut although these things are often about bottom-line profits as opposed to longer-term goals.

[Herki]

The problem with equity groups picking up groups such as this, (or retail groups in some cases) is that they are normally run and controlled by ean counters that know very little about the industries they buy into. This often leads to destroying retail sales due to mismanagement (think Sears) or possibly cutting their own foot off by reducing commissions to affiliates instead of coming up with programs to increase sales and profits.

Rick
Universal4

From what little I understand from people I know at SkyBet is that it was always treated as a "profit centre" within the overall Sky group. So I will be interested to see what more CVC could squeeze out of them.

CVC do have form in the gambling industry as someone on the thread mentions, they used to own William Hill and the team at SkyBet is staying in tact. As long as they don't lose the MD Richard, I think they will do fine.

[Gamer]

"CVC do have form in the gambling industry as someone on the thread mentions, they used to own William Hill and the team at SkyBet is staying in tact. As long as they don't lose the MD Richard, I think they will do fine."
I have failed to find the answer for new affiliates.
Can you ("older affiliates") tell novice affiliates: After all that changes, it is wise to join their affiliate program (mean SkyBet)???