Retail

Bookmakers suspend ‘no confidence vote’ on May’s party leadership

The majority of UK bookmakers have today suspended markets on a ‘vote of no confidence’ taking place on Theresa May’s party leadership. Following a frantic 24-hours of trading, triggered by the abrupt departure of Dominic Raab as lead Brexit negotiator – who stated that he could not support May’s draft EU-withdrawal agreement, bookmakers’ have suspended a no-confidence motion. This morning, …

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Golden Race granted associate membership to NASPL

NASPL

Golden Race has been granted associate membership to the North American Association of State & Provincial Lotteries (NASPL), a regional organisation spanning Canada and the US that facilitates better communication between lottery operators, as well as between lottery operators and gaming vendors. The virtual sports platform provider has joined 52 lottery operators/suppliers in Canada and the US, including IGT, Intralot, …

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GLMS collaborates with Europol on combatting sports manipulations

The Global Lottery Monitoring System (GLMS), the integrity unit of the World Lottery Association (WLA) has announced a cooperation agreement with Europol, the law European Union’s law enforcement agency. Signing a Memorandum of Understanding (MoU) at The Hague, GLMS and Europol entities have agreed to share data and information on sports competitions and related organised crime investigations. GLMS and Europol …

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William Hill US expands Devils profile with MSG Networks media partnership

William Hill US continues to expand its east coast profile, confirming that it has secured a comprehensive sponsorship arrangement with MSG Networks for the broadcasts of NHL franchise the New Jersey Devils. The bookmaker announces a further ‘groundbreaking sponsorship’ for its expanding east coast operations, which will see its New Jersey betting properties promoted across a mix of in-game integrations, …

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UKGC calls for drastic improvements in pub under-age machine monitoring

The UK Gambling Commission (UKGC) has sent a letter to a number of nation-wide pub and hospitality trade associations detailing its concerns that venues are not protecting under-age consumers from engaging with gaming machines. Working with local licensing authorities, the UKGC has carried out tests on a sample of pubs within England, which indicate that ‘almost 90% failed to prevent …

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Record digital returns and ticket sales increase for National Lottery

Camelot UK has announced a £175.9m increase on National Lottery ticket sales to £3,456.3m for the first six months of its 2018/19 financial year (1 April to 29 September 2018). Camelot’s success in building on last year’s sales progress comes as the group seeks to benefit from its wide-ranging strategic review which it conducted in 2017. Over the same period, sales …

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UK Government confirms FOBTs April 2019 cut

The UK government has confirmed this afternoon that it will bring forward its planned FOBTs £2 machine wagering reduction from October to April 2019. UK Culture Secretary Jeremy Wright has announced the government’s policy U-turn on the contentious issue of FOBTs wagering which has divided government departments. The 2018 Budget announcement on 29 October, saw the UK treasury criticised for failing to …

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Tax increases to hamper Ladbrokes’ Irish presence

Ladbrokes could be about to terminate all its on-course bookmaking activity in Ireland, as a result of the country’s betting tax being doubled to 2%. Speaking to the Irish Independent, Ladbrokes Ireland Director Jackie Murphy also underlined that the tax hikes will likely mean that operator will cease its sponsorship of races where it currently holds on course betting operations. …

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Rank trials Immotion immersive VR at Grosvenor Casino Manchester

UK legacy gambling operator Rank Group Plc is set to trial the immersive virtual reality technology of Immotion Group Ltd, seeking to deliver one-of-kind experiences to its UK venue customers. Agreeing terms on a revenue share deal, Rank will initially trial an Immotion VR pod within its Grosvenor Casino Manchester property showcasing Immotion’s ‘VR Racing Challenge’ simulator game. Should the …

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Codere crushed by Argentine Peso collapse losses

Bolsa Madrid-listed gambling operator Grupo Codere SA cannot escape the Argentine Peso collapse as the company records continued declines across its 2018 corporate metrics and KPIs. The reality of 100% Argentine Peso decline against the Euro, has seen Codere undertake a number of adjustments within its biggest operating market. Publishing its Q3 2018 trading update, Codere reports a group net …

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