Featured News

Scientific Games leadership commits to salary cut to navigate COVID-19 headwinds

Barry Cottle, President and Group CEO of Scientific Games Corporation (SGC), has this morning issued a personal statement on the firm’s contingency planning and workforce actions to counter global COVID-19 impacts. Cottle has confirmed that SGC will implement a series of cost-savings measures seeking to secure long-term company jobs as it reduces workforce hours.  Drastic actions have seen the firm’s …

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LeoVegas puts forward Per Norman to lead new-look board 

LeoVegas AB has confirmed that it will propose a number of corporate changes at the firm’s upcoming Annual General Meeting (AGM), scheduled for Friday 8 May 2020. This morning, LeoVegas published the firm’s 2020 AGM agenda, which included a number of significant boardroom level appointments.     Top of the agenda, LeoVegas’ Nominations Committee will propose to corporate shareholders the appointment of …

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Michael Dugher – Betting will support the government in time of need

Michael Dugher, Chief Executive of single industry representative body the Betting and Gaming Council (BGC), has stated that UK gambling will support the government in a time of national crisis. On Friday, the BGC published its ‘compulsory action plan‘ outlining 10 measures strengthening industry social responsibility and consumer standards, which all BGC members will adhere to during the COVID-19 pandemic. …

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GVC ups responsible gambling measures to support BGC call of duty

GVC Holdings has underlined its support for the Betting and Gaming Council’s (BGC) ‘coordinated approach’ to provide consumers with the safest gambling environments during the current Covid-19 pandemic and beyond.  The FTSE250 betting group has emphasised the need for greater responsibility during a period in which a ‘quarter of the global population in some form of lock-down’. This could lead …

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Flutter maintains confidence in Stars Group agenda 

FTSE100-listed Flutter Entertainment has underlined that its multi-billion pound merger with The Stars Group Inc (TSG) remains on track, as the group plans to undertake several COVID-19 adjustments.  Planning for 2020 disruptions, Flutter confirmed that it has secured a new debt arrangement which provides the company with access to a £1.3 billion revolving credit facility, supporting the group’s business continuity …

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Catena sanctions board makeover as Kathryn Baker resigns from Chair duties

Industry affiliate marketing publisher Catena Media Plc has informed investors that it will make significant changes to its board following a number of resignations.  Issuing a market filing, the Stockholm-listed firm confirmed that Kathryn Baker has declined to seek re-election as Chairwoman. Baker is joined by Mats Alders and Cecilia Qvist who have chosen to resign from board duties.   Reacting …

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CEOs to share post-COVID-19 vision at industry’s biggest online conference

SBC Digital Summit

SBC Events is launching the SBC Digital Summit – the biggest ever online conference in the betting & gaming industry as it comes to terms with the deep impact of the coronavirus pandemic. With travel and working restrictions severely limiting interconnection, the SBC Digital Summit will allow delegates to hear from the betting and gaming industry’s leading CEOs about how they …

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Puntt sets about filling the ‘glaring void’ in esports wagering

New esports wagering incumbent Puntt.gg (Puntt) has announced the launch of its esports betting platform, which seeks to deliver new betting dynamics to esports markets. Merging pool betting dynamics with unique esports match play and tournament characteristics, the Puntt platform believes it can become the leading destination for the burgeoning esports wagering scene. Driving its launch, Puntt detailed that it will …

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Tokyo Olympics postponed until ‘no later than summer 2021’

Japan’s Prime Minister Shinzō Abe and The International Olympic Committee (IOC) have confirmed that the Tokyo 2020 Olympic Games will be postponed to a later date due to the increasing spread of COVID-19. The emergency conference call between Shinzō Abe and IOC’s president Thomas Bach mentioned that given the Olympics worldwide appeal and fanbase, the decision was made to postpone …

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IGT names Max Chiara as inbound Group CFO

IGT has concluded its four-month executive search after confirming the appointment of  Massimiliano ‘Max’ Chiara as its new Group Chief Financial Officer (CFO), effective from 6 April 2020. Max Chiara will replace long-term CFO Alberto Fornaro, who ended his nine-year tenure leading IGT’s financial units last December, joining South Korean e-commerce retailer Coupang Group.  Updating investors, IGT has stated that …

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