BHA talks up racing’s future amid FOBT changes

first_img Email Address Topics: Legal & compliance Sports betting Tech & innovation BHA talks up racing’s future amid FOBT changes 18th May 2018 | By contenteditor Legal & compliance The British Horseracing Association (BHA) has said the sport looks set to play a more vital role for gambling operators after the government cut the maximum stake on fixed-odd betting terminals (FOBTs) AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Tags: OTB and Betting Shops The British Horseracing Association (BHA) has said the sport looks set to play a more vital role for gambling operators after the government cut the maximum stake on fixed-odd betting terminals (FOBTs).Yesterday (Thursday), the government confirmed that the top stake on FOBTs will be lowered to £2 (€2.29/$2.70), with Remote Gaming Duty raised to fill the resulting hole in the pubic finances. Campaign groups have long been pushing for changes in regulation for FOBTs, which currently allow punters to bet up to £100 per spin, and the government had been expected to take major action. Operators had warned of the impact that the move could have on the gambling industry in the UK, claiming that a cut in the top stake could lead to widespread joblosses and a decline in tax income for the government. However, the BHA has backed the move, saying the changes in FOBT regulations could lead to a brighter future for racing, talking up the sport’s future role in the gambling market. BHA chief executive Nick Rust said: “British racing has a strong social conscience and we support measures announced by the government today to reduce the harm caused by problem gambling. “We are also an industry that generates significant employment, provides education and training and funds charitable work, particularly in rural areas. “Throughout this consultation process, we have aimed to protect these valuable social contributions from any potential adverse impacts from wider policy changes. “We are pleased that government has acknowledged the reasonable arguments we have made in the consultation process that jobs and revenues in the racing industry should not be adversely affected by changes to wider gambling policy.” Rust added: “British racing shares a unique interdependency with the betting industry and we recognise that this decision will affect jobs in the betting industry, with which we work closely in partnership. “We want betting on horseracing – on the High Street, at racecourses and online – to continue to be accepted as legitimate and socially responsible. “Recreational betting has been a part of racing for centuries and is an accepted entertainment pursuit during a day at the races or on the High Street.” “Our industry’s leaders – who have worked together throughout this consultation – will now work with the betting industry and government as to how we can grow such legitimate, socially responsible betting activity on racing and take measures to address problem gambling wherever we can.”Related articles: UK to cut FOBT stake to £2 and raise remote tax BHA aims to maximise revenues with new strategy Regions: UK & Irelandlast_img read more

SG claims industry first with syndicated jackpots

first_img Topics: Tech & innovation AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Scientific Games has claimed an industry first by launching its new online casino syndicated jackpots product with Betsson, while the gaming tech giant has also agreed a deal to launch a range of content with 888 in Spain.The Mega Drop Quest syndicated jackpot product will be offered under Scientific Games’ OpenGaming brand, allowing groups of people to band together to win prizes, splitting larger jackpots between groups.Betsson will be the first operator to go live with the new product, running the game on an exclusive basis for a limited period. Mega Drop Quest will launch on the Open Gaming System network in Europe, with a wider global roll-out to follow.“It is important that we as suppliers embrace syndicates and help build solutions that simplify community games to make them accessible and enjoyable for all players,” SG Digital’s senior vice president casino, Dylan Slaney, said.“This has been one of the greatest challenges our team has undertaken, and we feel that we have risen to the occasion, creating a value proposition that goes well beyond a ‘big win’.”Betsson’s head of gaming Phil Lam added: “Social gaming is set to become an important aspect of online casinos in the coming year. We’ve been very impressed with Scientific Games’ new Mega Drop Quest syndicated jackpot, which is sure to create a fun and engaging experience for groups of players, as they look to win big prizes together.”Meanwhile, Scientific Game has agreed a new deal to provide more than 120 of its online games to the 888 Casino brand in Spain. Content will be provided to the operator via the Open Gaming System.888’s Spanish-facing games portfolio now features titles from Scientific Games’ in-house studios and third-party partners, including content such as Merlin’s Millions, Superbet, Gorilla Go Wilder and Zeus 2.“888 is a huge player in the Spanish igaming market, and we’re thrilled to offer our content to their player,” Slaney said. “It will increase our presence in the market and give players a top-notch iGaming experience backed by the reliability and scalability of our OpenGaming platform.”888’s senior vice president of B2C at 888, Guy Cohen, added: “At 888, we are focused on providing our customers the most enjoyable gaming experience. Through our partnership with Scientific Games we can now offer our Spanish customers an additional 120 games to our platform with more games to come.” SG claims industry first with syndicated jackpots Email Address Tags: Online Gamblingcenter_img Tech & innovation 9th January 2020 | By contenteditor Subscribe to the iGaming newsletter Scientific Games has claimed an industry first by launching its new online casino syndicated jackpots product with Betsson, while the gaming tech giant has also agreed a deal to launch a range of content with 888 in Spain.last_img read more

Best bookmaker for boxing

first_img Regions: UK & Ireland Sports betting Leading tipster site Betting Expert compared bookmakers’ offerings for the recent Wilder vs. Fury fight, exploring their markets and odds to determine the best in the UK Topics: Sports betting Email Address Best bookmaker for boxingcenter_img 4th March 2020 | By Joanne Christie Leading tipster site Betting Expert compared bookmakers’ offerings for the recent Deontay Wilder vs. Tyson Fury fight, exploring their markets and odds to determine the best in the UK.Boxing is one of the biggest sports worldwide, and betting on boxing has increased dramatically in recent years. That’s particularly true of the biggest and most highly anticipated fights, where operators tend to offer a bigger range of markets and promotions.To determine the best bookmaker for boxing, we studied what was available for the rematch between Deontay Wilder and Tyson Fury, two of the biggest names in boxing. We looked at what was available at the UK’s top bookmakers. The operators we tested were:We analysed the odds available for fight winner, fight result and round betting, along with the number of individual markets available.Our research was carried out on 17-18 February, 2020.Overall best bookmaker for Wilder vs. Fury betting One of the biggest fights of the year, the Deontay Wilder vs. Tyson Fury bout captured the imagination of viewers and bettors alike. Bookmakers typically offer a much bigger range of odds and markets on the biggest fights, along with a variety of promotions and bonus opportunities.According to the research we conducted, the overall top three bookmakers for Wilder vs. Fury were as follows.#1 – 888sport #2 – William Hill #3 – Mr GreenAs the above shows, 888sport offered the best all-round betting experience for Wilder vs. Fury.888sport performed well in all categories considered. In particular, it offered more betting markets on this particular fight than most of its competitors.888sport also shared the number one spot for best fight result odds. For this category, we analysed and compared the odds for both boxers to win by knockout, technical knockout and disqualification, along with the odds for decision, technical decision and the draw.This operator, along with Mr Green, Unibet and LeoVegas, also occupied the number one spot in terms of offering the lowest commission on this market.In second place overall was William Hill. William Hill scored well in two categories in particular. The first was its round betting odds. It offered the lowest commission on this market by some distance.It also offered low commission in the fight winner category. Betfair came out on top here, with William Hill sharing second place alongside Paddy Power, Coral and Ladbrokes.In third place overall was Mr Green. This might come as a surprise to some, but in our bookmaker comparisons, we’ve found that Mr Green generally performs well against its more established competitors in a number of categories.It may be better known for its online casino, but we have been impressed by its sportsbook in general and its offerings on this fight in particular. It was one of four operators to offer the lowest commission in the fight result market and was just behind those operators listed above in the best fight winner odds category.Best fight winner odds Let’s discuss the fight winner odds category in more detail. Arguably the most popular market when betting on boxing, finding the most competitive fight winner odds is important to punters.From our research, we found that the following bookmakers offered the best odds and lowest commission in the fight winner market.#1 – Betfair #2 – Paddy Power #2 – Coral #2 – William Hill #2 – LadbrokesAs you can see from the list above, Betfair offered the best odds, taking zero commission on the Wilder vs. Fury bout. Betfair is famous for both its standard sportsbook and its betting exchange, and the results for this category show why it’s so well regarded.This list is interesting, as it contains some of the most popular and famous bookmakers in the UK. For other bookmaker comparisons we’ve conducted, we’ve often found that some of the smaller bookmakers performed better than their more established competitors.However, in this comparison of one of the biggest sporting events of the year, the more experienced bookies, in general, performed much better.Best fight results odds As we touched upon earlier, for this category we considered the odds on both fighters to win by KO, TKO and disqualification, both fighters to win by decision or technical decision, and the draw or technical draw.Four operators shared the top spot in this category:#1 – Mr Green #1 – Unibet #1 – 888sport #1 – LeoVegasWhile the fight winner market is the most popular, the fight results market can offer a great deal more value to bettors. As the list above shows, the top spot is shared by two of our overall top three, 888sport and Mr Green, along with Unibet and LeoVegas.Best round betting odds Let’s now look at which operators offered the best odds in the round betting market.The best odds were found at the following bookmakers:#1 – William Hill #2 – Marathonbet #3 – BetVictorWhen analysing this market, we found the greatest difference in odds between bookmakers than on any other market.Conclusion While 888sport, William Hill and Mr Green were the top three overall, we’d like to point out that Unibet and LeoVegas came very close to breaking into our top three for boxing results. Both operators performed well in many categories, particularly fight result odds.In addition, some bookmakers offered more markets than others, which could be a deciding factor for some punters. We found Paddy Power offered the highest number of different markets, followed by 888sport and Sky Bet.Offering a good range of markets is important. Other operators would have performed much better overall in our comparison if more exotic markets were available.About bettingexpert.com Providing expert tips and in depth betting theory, bettingexpert.com is the world’s biggest social network of sports betting tipsters. Its global community of experts compete for prizes by sharing their strongest tips on upcoming matches across 25 different sports to help millions of sports bettors place knowledge-supported bets, with the best odds available from a variety of bookmakers. Betting Expert is owned by Better Collective, the leading developer of educational platforms within the igaming industry. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

FDJ hails post-lockdown recovery despite H1 revenue decline

first_img Subscribe to the iGaming newsletter La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year.The operator saw amounts wagered over the six months to 30 June fall 18.4% year-on-year to €6.90bn (£6.25bn/$8.11bn). Revenue for the period was down 10.1% at €849m.It noted that until France went into lockdown on 16 March, stakes had been up 5% year-on-year, before dropping 60% over next two months.However, since the French government began lifting the lockdown from 11 May, FDJ said it began to see a gradual recovery. This was then accelerated with the resumption of sporting competitions and the resumption of its Amigo lottery game on 8 June.As such, the H1 stakes decline was significantly reduced, and stakes returned to 2019 levels by mid-June.Lottery games still accounted for the majority of stakes despite its contribution falling 12.6% to €5.78bn, of which €3.56bn came from instant win games (down 11.3%). Draw-based games, meanwhile, saw stakes fall 14.6% to €2.22bn. If Amigo’s contribution was removed from stakes, draw-based sales would have only declined 1.7%.For sports betting – for which figures were adjusted to reflect the contribution from Sporting Group, acquired in June 2019 – stakes were down 38.8% at €1.11bn, in a period where the sporting calendar was almost wiped out by Covid-19. France’s 2019-20 football season was also ended prematurely in April, with no league action to take place until September.This served to drag down online’s contribution to stakes, which fell 15.8% to €1.39bn, though FDJ noted that online lottery stakes enjoyed strong momentum in the half-year period, rising around 50% to €500m. This was dwarfed by retail stakes, however, which contributed €6.27bn, down 20.8% year-on-year.Across all verticals and channels, players won €4.65bn, down 19.3% and equating to a payout ratio of 67.3%. After winnings, FDJ’s gross gaming revenue for the six month period was down 15.4% at €2.25bn.This broke down to GGR of €1.95bn from lottery, down 13.2%, and €298m from sports betting, down 26.1%. B2B sports betting solutions brought in a further €6m.After duties and fees of €1.43bn, net revenue for H1 fell 14.7% to €829m. This was increased by €20m, thanks to its payments and entertainment businesses, for total half-year revenue of €849m, down 10.1%.While earnings declined sharply, FDJ noted that a cost-saving plan, to ultimately reduce outgoings by €80m in 2020, helping to keep the operator earning before interest, depreciation and tax margin about 20%, at 20.5%. EBITDA for the period declined 16.4% to €174m.The cost reduction plan helped reduce operating expenses by 12.% to €725m, with the biggest decline seen in cost of sales, which fell 17.6% to €482m. Marketing and communication expenses amounted to €147m, while general and administrative expenses came in at €87m.After costs, operating profit was down 8.9% to €124m. FDJ also incurred €30.3m in non-recurring expenses, reducing the operating profit to €94m, down 27.2%. After financial expenses of €5.2m, pre-tax profit was down 36.5% at €89m, with net profit for H1 down 47.7% at €50m after income tax of €39m.“The group’s strong mobilisation from the onset of the health crisis and a swiftly implemented cost-cutting plan have limited the impact on the first-half results,” FDJ chief executive Stéphane Pallez said.“From mid-June, we have been recording stakes at a level comparable with that of 2019,” she said. “Our strategic orientations and the strength of the FDJ model have been confirmed, and we continue to invest to support the development of all our activities.” Email Address La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year. 30th July 2020 | By contenteditor FDJ hails post-lockdown recovery despite H1 revenue decline AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling OTB and Betting Shops Topics: Finance Lottery Sports betting Regions: Europe Western Europe France Financelast_img read more

Pollard Banknote to acquire Next Generation Lotteries for €36m

first_img Subscribe to the iGaming newsletter Tags: Pollard Banknote Next Generation Lotteries AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 5th January 2021 | By Robert Fletcher Topics: Lottery Email Address Lottery solutions provider Pollard Banknote has signed a definitive agreement to acquire lottery management and ilottery technology specialist Next Generation Lotteries (NGL) for €36m (£32.5m/$44.2m). Pollard Banknote to acquire Next Generation Lotteries for €36m NGL chief executive Hans Vigmostad added: “We are excited about the cultural fit between NGL and Pollard Banknote. Lotteries will not only appreciate the great technology we will offer, but also the commitment from our teams to offering the right solutions for our customers.” Pollard Banknote will fund the acquisition using existing cash resources and senior credit facilities. Subject to certain standard regulatory and third-party consents, the acquisition is expected to close early in the first quarter of 2021. “NGL will significantly expand our product offering for both retail and ilottery gaming and will be a strong complement to our North American leading joint venture, NeoPollard Interactive,” Pollard Banknote co-chief executive Doug Pollard said. NGL is a solutions supplier to the lottery industry, offering retail lotto systems and ilottery platforms. The provider is primarily focused on Europe and Asia, counting the likes of Loteries de Catalunya in Spain among its customers. Under the deal, Pollard Banknote will pay €32m upon closing of the acquisition, with the remaining €4m to be paid upon the achievement of certain gross margin targets in 2021. “The recent worldwide growth seen in 2020 in omni-channel lottery sales, and particularly ilottery, highlights an important opportunity for lotteries around the world.” The supplier acquired its lottery operations when it purchased Novomatic Lottery Solutions, formerly known as Betware, from the Austrian gaming giant in October 2019. Lotterylast_img read more

DraftKings recruits MLB icon Cal Ripken Jr as advisor

first_img DraftKings recruits MLB icon Cal Ripken Jr as advisor Topics: People DraftKings has appointed Major League Baseball Hall of Famer and entrepreneur Cal Ripken Jr as a special advisor to its board of directors. 25th February 2021 | By Richard Mulligan Regions: US “Cal Ripken Jr. embodies the qualities of perseverance and integrity we value so highly at DraftKings, and on behalf of the entire company I want to extend our warmest welcome to him as a special advisor,” said Robins. Ripken, a successful businessman and philanthropist since his retirement from baseball in 2001, will be consulted on company strategy, product development and marketing activities. Subscribe to the iGaming newslettercenter_img Read the full story on iGB North America. People Ripken, the Baltimore Orioles icon and 19-time All-Star, will lend strategic insights to the board and chief executive Jason Robins on key company initiatives and will become a DraftKings equity holder. Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: DraftKingslast_img read more

Clarion Gaming confirms postponement of 2021 edition of ICE Africa

first_imgStrategy Regions: Africa The announcement comes as Clarion adopts a measured and pragmatic return of in-person events. Clarion Gaming has confirmed its decision to postpone what would have been the third edition of ICE Africa, which was originally scheduled to be held across 26 – 28 October. “Every piece of content will be archived and available on-demand for stakeholders to access free of charge 24/7.” Subscribe to the iGaming newsletter “Our strong digital presence has been enhanced further with the launch of ICE Connect, which uses highly sophisticated matching algorithms, ranking and scheduling software, to match operators with relevant, industry-leading solution providers who can solve their challenges and help them run their operations more efficiently. “As a result, both delegates and solution providers spend 100% of their time in meaningful and productive meetings. We will continue to support the growth of the gaming industry in Africa via these new channels and create opportunities to facilitate business development as we look to expand our ICE Connect models in the future.” “Whilst we are not holding any other dedicated in-person events, we are launching ICE365.com an advanced global gaming platform which goes live in April 2021. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “When the full scale of the pandemic became clear last year we took the decision to focus our resources and energies into three in-person events – the co-located ICE London and iGB Affiliate London as well as iGB Live! in Amsterdam. For more information on the commercial opportunities to engage with an international audience of industry buyers and decision-makers contact Ian Larcombe at [email protected]  These digital solution, Hunter added, included ways to ensure that operators and suppliers could still connect even without in-person events. Hunter added that Clarion Gaming is working to reach the global gaming community in a variety of other ways. “The ICE 365 content series will focus on key verticals, topics and subsets of the global gaming sector and will include dedicated Africa-focused content throughout the year. It will provide expert insights delivered across a range of formats, including reports, exclusive C-Level interviews from the leadership figures shaping the industry, unique data, video and live discussions. Topics: Strategy 26th March 2021 | By Daniel O’Boyle Email Address Clarion Gaming confirms postponement of 2021 edition of ICE Africa Tags: Clarion Gaming ICE Africa He added: “Looking beyond 2021 we will need to see what the future looks like post-pandemic and decide our strategy accordingly. The Clarion Gaming brands have been able to grow thanks to the tremendous support of our stakeholder communities and ICE Africa represents a powerful case study of that partnership and collaboration in action.” Stuart Hunter, Managing Director of Clarion Gaming, explained the decision.last_img read more

DraftKings strikes WWE collaboration deal

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Read the full article on iGaming Business North America. DraftKings has struck a deal to become the official gaming partner of WWE, the US-based wrestling entertainment promoter. Regions: US Social gaming Companies: DraftKings Email Address Tags: WWEcenter_img Topics: Social gaming 29th March 2021 | By Richard Mulligan DraftKings said that the agreement, which will give the operator an exclusive licence to media assets and in-game branding for WWE pay-per-view events, is “subject to regulatory approval in all applicable jurisdictions” across the US. Subscribe to the iGaming newsletter The partnership will focus initially on DraftKings’ free-to-play pools product, with the first offering set to coincide with the 37th edition of WWE’s annual WrestleMania event, which will take place on the weekend of April 10-11. DraftKings strikes WWE collaboration deallast_img read more

Acquisitions drive Raketech to revenue and profit growth in Q1

first_imgUpfront payments contributed 42.8% of overall revenue in the quarter, ahead of revenue-share agreements on 40.5% and flat fees with 16.7% of total share. Q1 results 2020 Acquisitions drive Raketech to revenue and profit growth in Q1 Online affiliate and content marketing provider Raketech put a year-on-year rise in revenue and net profit during the first quarter of its financial year down to the impact of its ongoing acquisitions strategy. Looking at costs for the quarter, operating expenses were up 23.1% to €6.4m. This was mainly due to higher direct costs – up 81.3% to €2.9m – which Raketech said was driven by paid media via its new product offering following the acquisitions of Lead Republik and American Gambler. In terms of geographical performance, the Nordics remain Raketech’s core operating area, accounting for 64.9% of all revenue in Q1. Revenue from other markets made up 35.1% of the quarterly total. Raketech said this was driven by its acquisitions of igaming affiliate network Lead Republik in March last year, as well as US-facing affiliate website American Gambler in November. However, the affiliate said this was partially offset by a reduction in revenue following the disposal of the consumer finance assets to ROI Media UK in Q4 of 2020. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Finance Marketing & affiliates Q1 results 2020 Affiliates Revenue for the three months to 31 March amounted to €8.3m (£7.1m/$10.1m), up 26.6% from €6.5m in the corresponding quarter last year.center_img Casino revenue accounted for 82.5% of total revenue in the quarter, compared to 78.3% last year. Sports betting revenue represented 17.0% of the quarterly total, while other revenue was responsible for just 0.5% of all revenue in Q1. Tags: Revenue Raketech Profit Email Address “The first quarter of 2021 was a solid quarter for Raketech,” Raketech’s chief executive Oskar Mühlbach said. “Despite Q1 traditionally being a slower quarter, revenues came in in line with Q4, totalling €8.3m. This equals an annual growth rate of 27%, whereof 5% was organic.” Publication of the results comes after Raketech last month proposed appointing William Hill chief executive Ulrik Bengtsson as its new chairman, after Christian Lundberg declined re-election to the role. Operating profit amounted to €1.6m, up 14.3% year-on-year, while earnings before interest, tax, depreciation and amortisation (EBITDA) also increased 22.0% to €3.2m. 12th May 2021 | By Robert Fletcher “I am pleased to be able to conclude that the positive momentum we showed in Q4 continued into Q1 and resulted in yet another stable quarter,” Mühlbach said. After taking into account €307,000 in finance costs and also €61,000 from the revaluation of financial liabilities, this left a €1.2m profit before tax, up 5.3% on last year. Raketech paid €61,000 in income tax during Q1, meaning it ended the period with €1.1m in comprehensive profit, an increase of 6.6% on Q1 of 2020.last_img read more

IPL Moneyball : What Mumbai Indian opener Yadav did with his…

first_img Cricket PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Share on Facebook Tweet on Twitter It has been a dismal season for Mumbai Indians in the Indian Premier League this year. The team failed to qualify for the playoffs but one MI cricketer will have happy memories of the season XI. Suryakumar Yadav, the prolific Mumbai opener had a memorable IPL this year scoring 512 runs. Yadav justified every penny paid to him by his IPL bosses. ₹3.2 Crore fees for IPL season may look tad too much for a domestic player but the uncapped Indian player finished number 9th on the Moneyball’s Impact rankings this season and number 15th on the value for money rank.In the process, Yadav became the first uncapped Indian player to score more than 500 runs in the single edition of the tournament. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndoGeorgetown UniversityLearn from Anywhere This Summer with Georgetown’s Online Summer CoursesGeorgetown UniversityUndoCBS NewsThink Your Commute Is Safe? You Need To See This.CBS NewsUndoNow, the moot question – What did Yadav do with his IPL bounty of ₹3.2 crores.The first thing Yadav did was to gift a car to his parents in Mumbai. He has posted an update on his Instagram handle to show the gift to his fans as well. He got a little emotional too as he recalled the time when his parents had gifted him his first car. He feels happy to gift them a car now.“That moment when life comes to a full circle! An emotional moment indeed…. I was gifted my first car by none other than my parents. I am what I am because of them and it’s my absolute pleasure to gift them this beauty! Hope they enjoy their ride! Love you, Mom and Dad!! #77,” Suryakumar Yadav captioned the picture that he shared.Before being picked by Mumbai Indians for the just concluded IPL season, the dynamic batsman was one of the batting mainstays of the Kolkata Knight Riders over the last few seasons of the tournament. He started off the season as a middle-order batsman this year. Soon, the Mumbai Indians thinktank decided to promote him up the order. For the first time in his IPL career, Suryakumar Yadav found himself opening the innings for his side. He was nervous but he ended up coming out with a very impressive performance. In his very first game as an opener, Suryakumar hit a fifty. He soon made it a habit to give good starts to his side throughout the league stages.With IPL season concluded, now it is time for Yadav to celebrate by spending lavishly courtesy his IPL salary of 3.2 Crores. Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros Cricket Cricket YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USA|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndo TAGSIndian Premier LeagueIPL 2018IPL MoneyballMumbai IndiansSuryakumar YadavVIVO IPL 2018 SHARE Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Facebook Twitter Cricket WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Cricket BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check By Kunal Dhyani – June 8, 2018 WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start IPL Moneyball : What Mumbai Indian opener Yadav did with his IPL Salary Cricket RELATED ARTICLESMORE FROM AUTHOR CricketIndian premier leagueIndian premier league 2020Latest Sports NewsMoneyballSports BusinessNewsSportSportstars Previous articleUTT inks equipment partner deal with Shanghai Double HappinessNext articleUEFA unveils ‘refreshed’ brand identity for Champions League Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update Cricket Football Latest Sports News WI vs SA 2nd Test Day 3 Live: South Africa in huge trouble; SA 63/6 (24 ov)- Follow Live Updates Cricket last_img read more