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The governance of London-listed The Rank Group Plc is turning its attention towards a recovery plan, following a “challenging year for the group,” primarily impacted by the poor performance of its Grosvenor Casino venues, which saw full-year pre-tax profits slip 41.4 per cent to £46.7m (2017: £79.7m). Grosvenor properties recorded a  6.1 per cent revenue decline for the year ending June 30 to £373m …

Moreno Marasco, the President of Italian online betting/gambling trade body LOGiCO has penned an open letter to industry leadership urging for ‘self-discipline during Italy’s transitional advertising period’. Though all Italian betting stakeholders, face tough adjustments to meet the demands of the incoming (1 January 2019) Lega-5Star ‘Dignity Decree’ banning all forms of gambling advertising, LOGiCO pleads for restraint and responsibility. …

It appears that the Labour Party cannot escape charges of antisemitism, as this week Israeli Prime Minister Bibi Netanyahu released pictures of party leader Jeremy Corbyn ‘supposedly’ attending a wreath-laying ceremony for the 1972 Munich Olympic Games terrorists in 2014. The Labour Party has defended Corbyn’s position, stating that its leader was ‘visiting a Tunisian cemetery to honour innocent victims …

Online sportsbook and casino operator, 1xBet has partnered with Processing.com to roll out the firm’s acquiring solution on its platform. As a result of the partnership, 1xBet has been able to increase the approval of credit and debit card transactions, further improving its user’s experience, something that was highlighted at this summer’s World Cup, where the company was able to capture …

Spanish gambling group Luckia (Grupo Egasa) has confirmed that it will expand its commercial operations within Portugal, having been granted a license to operate sports betting and gambling provisions by Portuguese authorities. Closing its 2017 accounts, in which the Galician operator recorded group revenues €500 million, Luckia governance states that ‘Portugal will be the firm’s next new market destination’. However, …

The British Horseracing Authority (BHA) has announced that advertising on British racecourses will join other major sports by featuring digital LED (light-emitting diode) displays on the landing side of fences. The move to expand the sport’s sponsorship opportunities comes following a consultation with the courses, the Racecourse Association (RCA) and participants including trainers and jockeys – as well as trials …

German industry trade body Der Deutsche Sportwettenverband (DSWV) has expanded its membership, welcoming FTSE250 Playtech Plc and Stockholm-listed Kindred Group to its ranks. Updating stakeholders, DSWV governance details that as a trade body it now represents over 90% of the active German sports betting market. DSWV increases its representation of sports betting technology provisions, with Playtech group as a new …

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

Back in July, we sat down with John O’Connor, head of business development and sports betting at InCrowd, to chat about InCrowd’s partnership with Sky Sports to deliver a World Cup game that would raise anticipation levels ahead of the kick-off in Russia. After perhaps the most successful World Cup of all time in regard to global engagement and social …

The governance of Stockholm-listed igaming operator, Global Gaming has confirmed the promotion of Joacim Möller as new Group CEO with immediate effect. Möller previously held the position of Chief People & Organisation Officer plus COO of Global Gaming since January 2017, and has further acted as interim-CEO since May 2018 replacing former leadership incumbent Stefan Olsson. Global Gaming’s new leader is a …