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BHA notes concerns on Irish dominance of Grade-1 racing

SBC News BHA notes concerns on Irish dominance of Grade-1 racing

Julie Harrington, CEO of the British Horseracing Authority (BHA), has issued a statement regarding British Jump racing following the 2024 Cheltenham Festival. The BHA has voiced concerns over British Jump racing after Ireland dominated the Grade 1 racing at the 2024 Cheltenham Festival, where Irish trainer Wille Mullins surpassed 100 total Festival wins, emphasising the lack of competition that British trainers pose. …

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News International eyes Racing Post takeover

SBC News News International eyes Racing Post takeover

News International, the publisher of The Sun and The Times, is in negotiations with the owners of the Racing Post over a potential acquisition of the UK’s ‘horse racing bible’, SBC and Gaming&Co can reveal. The Racing Post is part of betting media, content and data provider Spotlight Sports Group, which is owned by private equity fund Exponent. Taking over …

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OPAP sets €2bn revenue record but tax burden dims profit results 

SBC News OPAP sets €2bn revenue record but tax burden dims profit results 

OPAP SA states that it has established a new benchmark for its business, generating more than €2bn in corporate revenues. The Athens-listed gambling group published its full-year 2023 accounts, in which revenue results amounted to €2.08bn, up 7% on FY2022 comparatives of €1.93bn. The record-breaking figure was achieved off the back of stellar Q4 trading, as OPAP’s “Q4 2023 GGR …

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Tabcorp CEO Adam Rytenskild resigns over ‘offensive workplace language’

SBC News Tabcorp CEO Adam Rytenskild resigns over 'offensive workplace language'

Tabcorp Holdings has informed markets that Adam Rytenskild has resigned with immediate effect as CEO of the ASX-listed wagering and racing media group. Investors were informed this morning of the immediate departure of Rytenskild who faces “allegations of using ‘inappropriate and offensive’ language in the workplace.” Tabcorp said its board considered the language used by the CEO to be inconsistent …

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DGOJ launches whistle-blower Portal of SIGMA Programme

SBC News DGOJ launches whistle-blower Portal of SIGMA Programme

DGOJ, the Gambling Directorate of Spain, continues to strengthen the sports integrity provisions of the ‘SIGMA programme’ against match-fixing and sports manipulations. As announced this week, the DGOJ has launched a ‘notification portal on sports manipulations’ co-developed with SIGMA partner CONFAD – Spain’s network of pro-sports stakeholders combatting match-fixing and criminality in sports. The notification portal will serve as a …

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AppsFlyer taps Scientific Games to enhance US lotteries’ player acquisition

SBC News AppsFlyer taps Scientific Games to enhance US lotteries’ player acquisition

Scientific Games has teamed up with analytics platform AppsFlyer on a project aimed at supporting lotteries across the US. The project will help optimise lottery digital ad campaigns by collecting data from social media channels, search engines and mobile and web apps to enhance player acquisition strategies.  Offered through Scientific Games’ SG Digital Academy initiative, the project will run for …

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IGT hits +$1bn income target ahead of Everi transformation

SBC News IGT hits +$1bn income target ahead of Everi transformation

IGT Plc has declared a record operating income of $1bn, as the NYSE-listed technology group prepares for its next transformation having agreed terms to spin off its Global Gaming and PlayDigital units to Everi Holdings. Publishing its FY2023 accounts, IGT’s corporate revenues stood at $4.3bn, up 2% on the FY2022 results of $4.2bn. Investors were informed that consolidated revenue growth …

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Affordability checks: An uncertain time for horseracing

Stride racing syndicate

As this year’s Cheltenham Festival commences, Felix Faulkner, solicitor at law firm Poppleston Allen, discusses the difficulties and confusion horseracing faces in light of the impending affordability checks in the UK. This feels like an opportune moment to write about one of the key measures within the government’s gambling reform White Paper in the UK, with more than 250,000 people set …

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BHA highlights commitment to welfare in British racing

SBC News BHA highlights commitment to welfare in British racing

The British Horseracing Authority (BHA) has underscored the importance of horse safety in British Racing in its new welfare update. The group outlined that more than £47m has been invested in the last 20 years into veterinary research and education, benefiting all breeds of horses in the country including thoroughbreds. “British Racing is committed to ensuring the welfare of all …

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