Retail

All the news form the retail betting sector

Smarkets builds on Cheltenham success at Aintree

Rachael Blackmore was not the only one who set records at the Aintree Grand National this weekend, as Smarkets recorded a 21% increase in betting volume from 2019. A total of £92.8 million was traded on the platform in comparison to the 2019 figure of £76.5 million, and the 2018 earnings of £57.4 million, whilst from Thursday to Saturday over …

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SISAL makes a late call to join National Lottery pursuit  

SISAL, the operator of Italy’s Superenalotto lottery, has entered the competition to win the UK government’s fourth National Lottery licence.  This weekend, SISAL confirmed to The Daily Telegraph that it was preparing to launch its bid, backed by US private equity fund CVC Capital Partners. SISAL Chief Executive Francesco Durante revealed that the Italian heritage gambling group had partnered with …

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MansionBet expands reach with US-centred Sky Sports Racing deal

UK online sportsbook MansionBet will now act as sponsor of US coverage on Sky Sports Racing, as part of an expansion of its existing contract with the broadcaster. Under the terms of the renewal, MansionBet will sponsor race day reviews and previews, expanding its viewership to the US audience, as more and more states in the country embrace legal regulated …

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ANJ appoints Xavier Asperge as French gambling’s IT supervisor

Strengthening its compliance remit, l’Autorité Nationale des Jeux (ANJ), France’s unified gambling regulator, has confirmed the appointment of Xavier Asperge as its Director of Technical Expertise and Systems Supervision.  Asperge will be tasked with developing the ANJ’s new tech supervisory unit, the division charged with monitoring and registering all tech-related components of licensed French gambling businesses. A qualified telecommunications engineer, …

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Nick Rust replaces Lord Donoughue as chairman of disputed SPRC

Nick Rust OBE, the former Chief Executive of the British Horseracing Authority (BHA), has been confirmed as the new Chairman of the Starting Price Regulatory Commission (SPRC). The SPRC issued a statement to UK racing stakeholders, confirming that Rust would replace Lord Bernard Donoughue, who ended his 16-year tenure as SPRC chairmanship on 6 April. Lord Donoughue backed Rust’s appointment, …

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Fox challenges Flutter on FanDuel’s ‘fair market pricing’

Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising its option to acquire an 18.6% stake in the FanDuel sportsbook. Flutter has argued that Fox must conduct the transaction at a ‘fair market price’, whilst the American multimedia corporation maintains that it should pay the same amount Flutter paid in December 2020. Through its …

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LeoVegas adds greyhound content via SIS Watch and Bet deal

LeoVegas adds greyhound content via SIS Watch and Bet deal

SIS (Sports Information Services) has agreed to supply its UK and Irish greyhound racing content in a Watch and Bet format to LeoVegas. Through SIS’s Watch and Bet model, bettors will be able to view live races without the need for a prior bet, which the supplier believes will help LeoVegas drive both engagement and revenues. All brands in the …

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BoyleSports confirms Mark Kemp as inbound CEO

BoyleSports has this weekend confirmed the forthcoming appointment of Mark Kemp as new company Chief Executive.  Kemp is expected to join the Dundalk betting group this coming August, replacing incumbent Conor Gray as CEO. BoyleSports confirmed to media that Gray would be transitioned to a commercial development executive role focused on international expansion projects. The former managing director of Ladbrokes …

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UKGC: Market fairness comes first in new corporate strategy 

consultation

The UK Gambling Commission (UKGC) has laid out the strategic objectives of its new ‘corporate strategy’ on how it will govern the licensed incumbents of the UK’s regulated gambling marketplace.  Launching a ‘new three-year strategy’, the Commission stated that its ‘regulated market objectives’ will prioritise: The prevention of gambling becoming a source of crime or social disorder Ensuring that all …

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Sportech strengthens cash reserves to drive business transformation

Sportech Plc has delivered better than anticipated 2020 financial performance, offsetting the COVID-19 headwinds severely impacting global horseracing events and fixtures.  Publishing its full-year 2020 results, the LSE-listed wagering and racing systems provider saw its group revenues fall to £20 million, down 41% on corresponding FY2019 results of £34 million. “COVID-19 severely impacted the business resulting in a 28% decline …

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