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bumblebeessting
14 Jan 13 11:00
Joined:
Date Joined: 30 Oct 02
| Topic/replies: 46 | Blogger: bumblebeessting's blog
The casino and bingo giant Rank has put its loss-making online sports betting arm Blue Square up for sale.

Blue Square, best known for its sponsorship of the Conference leagues, was bought by Rank a decade ago for £63m, and it is likely to make a considerable loss on any sale. Rank said it was undertaking a "review of the business", which is generally code for it being up for sale.

Rank's chief executive, Ian Burke, ran a similar review in 2009 when Blue Square won a reprieve.
Pause • Switch to Standard View Blue Sq up for Sale
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Report blöder Wichser • January 14, 2013 11:06 AM GMT
How Alanis Morissette that Blue Sq are owned by Rank.
Report CLYDEBANK29 • January 14, 2013 6:16 PM GMT
The brand is very weak and it doesn't have a USP, it's not making any money, probably has next to no assets and unless it has a foothhold in a particular countries' consciouness that another firm is missing and would like I doubt its worth much at all.
Report blöder Wichser • January 14, 2013 6:21 PM GMT
they have something called "blue square VIP" on their site - "Fancy yourself as a high-roller?" Chance would be a f*****g fine thing!
Report Kelly Brook • January 14, 2013 6:25 PM GMT
will this affect 888 ?
Report bumblebeessting • January 14, 2013 6:39 PM GMT
I'm not sure the brand is that weak. Most people will have at least heard of them, even if they have never used them.
Report CLYDEBANK29 • January 14, 2013 7:11 PM GMT
When I say the brand is weak what I mean is this:

Bet365 have Ray Winstone's spinning head and "hundereds of in play markets".

Paddy Power have a mercurial owner, Athletico Kebab, special offers and a high street presence.

The Big 3 are the Big 3

VCBet offer the best premier league prices

Betfred have a big high street presence and a Mancunian slaphead as an owner

Betfair offer the best prices

Skybet are the betting arm of Sky TV

What exactly are Blue Square?  I know they are a betting firm, but what are they?  They sponsor the Conference but that doesnt actually tell me who they are or give me a reason to use them.  And if you did use them you would notice they'd gone downhill a lot imo since 2010, clearly cutting costs but hoping to remain on the same level competitively.
Report CLYDEBANK29 • January 14, 2013 7:14 PM GMT
And for that reason I'm Out. Silly
Report blöder Wichser • January 14, 2013 7:35 PM GMT
one tip for anyone trying to make bs work - sort out online limits. In the past year i've had four winners out of 15 bets (correct scores, first scorers, doubles) and they will let me have £20 on a Sunderland/Bradford double this week.
Report TRFC Kev • January 15, 2013 2:10 PM GMT
You're lucky you can get £20. I can't even get a fiver on. Joke company.
Report TheVis • January 15, 2013 4:31 PM GMT
"sort out online limits"

That could be their USP - run the operation like a proper book but that is never going to happen.

I agree with Clydebank. Of all the various operators you can now use online BlueSq are coming in way down the ladder in terms of which sites I would expect the average betting £ to be attracted to.
Report askari1 • January 15, 2013 8:51 PM GMT
I think it's getting harder and harder generally to be a 'one-stop shop'.

Price-insensitive players increasingly prefer the FOBTs or online games, and anyone w/ an internet connection can check best price.

In fact exchanges are not the threat to conventional books' livelihood that they might have feared: they get a free tissue, can create false gambles and there are any number of ways to make the phenomenon work for them--like buying an exchange or having a brokerage or commission model.

But if a company like blue sq is not going to be best price as often as Viktor or decant its liabilities as efficiently as 3.65, then it's not going to survive.
Report blöder Wichser • January 15, 2013 10:14 PM GMT
they will let me have £20 on a Sunderland/Bradford double this week.

Sunderland 0-2 Bolton
Crewe 4-2 Bradford

Blush
Report DEFCON [1] • January 15, 2013 11:33 PM GMT
They were once at the forefront of global betting with gambling opportunities such as, Live Snail Racing (1st Snail to climb a big stick) and Hamster Drag Racing (Which was a 6 trap race, featuring live Rodents  propelling toy cars)
Report blöder Wichser • January 26, 2013 3:16 PM GMT
BS been down all day
Report Capt__F • January 26, 2013 9:27 PM GMT
askari

how do 3 65 decant liabilities ?
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