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UK News

SIS extends greyhound offering to replace shortfall in horse racing

SBC News SIS extends greyhound offering to replace shortfall in horse racing

Racing content and data services provider Sports Information Services (SIS) has confirmed that it will be extending its current greyhound offering to ‘temporarily replace the British horse racing fixtures’. As part of the extension, effective from 23 March, SIS has committed to increasing the number of greyhound races in its schedule to 532 races per week, an increase of 54 …

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Treasury pledge delivers relief for retail and hospitality 

SBC News Treasury pledge delivers relief for retail and hospitality 

Rishi Sunak, Chancellor of the Exchequer, has declared that the UK government will take a ‘wartime approach’ to safeguard the UK economy and businesses of all sizes with a package of new measures. Flanked by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP), helping the UK economy …

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UKGC suspends Lotteries.com licence over AML concerns

Copyright: gioiak2 / 123RF Stock Photo

The UK Gambling Commission (UKGC) has undertaken a review into the licence of International Multi-Media Entertainments Limited, which operates lottery betting site Lotteries.com. The suspension, which is effective immediately, comes after the operator was found to be in breach of the Commission’s AML and social responsibility protocols. “We have instructed the operator to ensure that it facilitates customers’ accessing their …

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Rank confirms Euro business support to navigate COVID-19 impact 

SBC News Rank confirms Euro business support to navigate COVID-19 impact 

Rank Group Plc is the latest gaming industry incumbent to issue a COVID-19 update to investors, today citing a slowdown in UK venue trading over the last three weeks. The LSE operator stated that despite the slowdown its UK venue portfolio of Grosvenor Casinos and Mecca Bingo ‘remained profitable last week’. Following the UK government’s civil advice to avoid leisure …

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BHA postpones UK racing until the end of April  

SBC News BHA postpones UK racing until the end of April  

Issuing a statement, the British Horseracing Authority (BHA) has confirmed that all British horseracing will be suspended until the end of April. The BHA stated that after taking into account the government’s recent advice regarding the growing coronavirus (COVID-19) pandemic, the only option was to suspend all racing in order to ensure that safety measures are secured. Nick Rust, Chief …

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Blexr promotes Ian Hills to Malta General Manager

SBC News Blexr promotes Ian Hills to Malta General Manager

Industry publisher and lead generation network Blexr has confirmed the promotion of Financial Controller Ian Hills to the leadership position of Malta General Manager. A former Mr Green executive, Hills joined the Malta-based publisher in December 2018 heading up Blexr’s financial and commercial units. In his new remit as General Manager, Hills will be tasked with leading the firm’s Malta …

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Enlarged Gamesys returns to UK growth eyeing FTSE250 spot 

SBC News Enlarged Gamesys returns to UK growth eyeing FTSE250 spot 

The governance of LSE-listed Gamesys Group, formerly JPJ Group, has cited confidence in achieving its corporate objective of indexing as a FTSE250 firm within the coming months. Publishing its full-year 2019 results, a new look Gamesys has reported a 35% increase in corporate revenues to £415 million (FY2018: £308m), citing ‘high organic growth’ achieved across the UK and Asia.  Corporate …

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COVID-19 concerns see Grand National called off 

SBC News COVID-19 concerns see Grand National called off 

UK racing and sports betting have been dealt another blow this week with the ‘Randox Health Grand National’ cancelled due to the coronavirus outbreak. Jockey Club Racecourses, which owns Aintree, confirmed that the three-day event will not take place next month after new government measures announced yesterday emphasised that the UK should ‘avoid non-essential contact and unnecessary travel’. Sandy Dudgeon, …

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Stars Group retains Q1 confidence despite COVID-19 impact

SBC News Stars Group retains Q1 confidence despite COVID-19 impact

The Stars Group said that Q1 2020 trading is currently ‘ahead of expectations’, but the Toronto TSX-listed enterprise anticipates encountering near-term COVID-19 disruptions. Updating investors today, Stars Group explained that it has maintained ‘strong underlying momentum’ within its UK (Sky Bet) and Australia (BetEasy) divisions, which gives it confidence that a sequential improvement in quarter earnings will be delivered. “Overall, …

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