Retail

Veikkaus appoints 13 new supervisory board members

Finnish gambling monopoly Veikkaus has strengthened its supervisory board after making a dozen of new appointments in a bid to elevate its responsible gambling standards.  The supervisory board is due to be led by chair Jukka Gustafsson and vice chair Jani Mäkelä, and will oversee the company’s corporate governance strategy and the implementation of responsible gambling policies. “[These measures] will …

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Tabcorp names David Gallop as non-executive director

Australian  ASX-listed gambling group Tabcorp Holdings has confirmed the appointment of former-National Rugby League  (NRL) Chief Executive David Gallop to its Board of governance, assuming the position of Non-Executive Director.  Gallop also served as the CEO for Football Federation Australia from 2012 up until his resignation in July. His tenure is due to end on December 31. The appointment, which is yet …

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HKJC prize bumps up Betting Shop Manager of the Year award

The Hong Kong Jockey Club (HKJC) has added further prestige to this year’s ‘Racing Post/SIS Betting Shop Manager of the Year’ award, confirming that the winner will be further rewarded with a ‘once a lifetime trip’ to Hong Kong. Racing Post and SIS have whittled down a final field of 24 shop managers, competing for the award which will be …

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Brazilian sports seeks to establish Committee for betting protections

Leading figureheads in Brazilian sports governance have urged the PSL government to help form a ‘Sports Integrity Committee’, driving an agenda on developing sports betting safeguards and protections. At present, Brazilian policymakers are assessing the regulatory frameworks propositioned by the government’s ‘draft decree’ on establishing a regulated land-based and digital sports betting marketplace. This summer, Brazilian authorities allowed diverse stakeholders …

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Irish bookies to receive tax relief under 2020 budget

Announced as part of the Irish financial budget for 2020, bookmakers are set to receive a  €50,000 a year relief from the 2 per cent tax levied on betting in the Republic which is hoped will support the country’s independent bookmaking sector.  Minister for Finance Paschal Donohoe confirmed yesterday that bookmakers across the Republic will not be subject to tax …

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Golden Race presents unified virtuals, slots and live games API

API

Golden Race has launched an all-in-one solution that enables operators to offer virtual sports, video slots and live games through one single API. Recently shortlisted in the Innovation of the Year (Sports & Casino) category for the SBC Awards (Tuesday 3 December), the product has been specially designed to help Golden Race clients expand their portfolio in the most simple …

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IGT joins Steering Group developing ‘Code of Practice’ on workplace diversity

New York-listed gambling technology group International Game Technology (IGT) has become the first industry incumbent to join the BSI Group’s ‘Workplace Code of Practice Steering Group’. Updating stakeholders, IGT confirms that it will collaborate with BSI the UK’s leading business standards association and industry workplace diversity and inclusion partner All-in Diversity Project (AIDP)  in developing the Steering Group’s directives. The …

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Camelot promotes CFO Clare Swindell to its Board

National Lottery operator Camelot UK has confirmed the appointment of Group CFO Clare Swindell as a corporate governance director, joining Chief Executive Nigel Railton as the second company executive to sit on the Camelot Board. Swindell has served as Camelot’s group financial lead since May 2017, having joined the lottery operator from Tesco owned retail data solutions provider dunnhumby. Confirming …

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Chelmsford calls on horsemen to help offset prize-money cuts

Following recent cuts to prize money across the racing scene, Chelmsford Racecourse has called for further support from horsemen to offset the drop in revenues as a result of loss in media rights. After the introduction of FOBT legislation, which dropped machine stakes from £100 to £2, an estimated 1,100 betting shops have closed their doors which has subsequently resulted …

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Codere reveals LATAM auditing inconsistencies

Bolsa Madrid gambling group Codere SA will launch an investigation into the auditing of its Latin American business unit, as the firm admits to inconsistencies published in its year-to-date financial reporting. Communicated through Spain’s CNMV market authority Codere governance confirms that it will review the auditing of its entire LATAM unit, following ‘overstated accounts’ reported by a number of its …

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