Retail

Codere puts forward ‘2021 transformation plan’ with uncertain horizons

Spanish business news sources have reported that the governance of embattled Bolsa Madrid gambling group Codere SA, are reviewing all financing options as the company embarks on a ‘three-year corporate transformation plan’. Closing 2018, a year in which Codere was branded as the Madrid exchange’s ‘biggest bleeder’, seeing its share price collapse from January’s €9.50 to €2.40 for its December …

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Star Sports launches ‘Star Recruitment’ for globally changing sector

Seeking to diversify its business services, independent betting group Star Sports has announced the launch of its new industry recruitment vertical – ‘Star Recruitment’ (starrecruitment.bet). The new division, which will provide staffing solutions for the global gambling industry, is led by sector resourcing and talent development veteran Simon Banks who will serve Chief Executive (CEO) of the new Star Sports …

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David Armstrong appointed as new Racecourse Association Chief Executive

Ex-Wasps CEO David Armstrong has been appointed as the new Chief Executive for the Racecourse Association (RCA), bringing with him a wealth of expertise from across the sporting world. Armstrong is set to take up the position full-time as of 11 March. He joins the RCA after a three year tenure as Group CEO of Rugby Union team, Wasps. During …

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NSoft secures MTS Eastern European double this January

Industry omni-channel software and systems provider NSoft begins 2019 in strong form, securing two new Eastern European managed-trading-services (MTS) betting contracts with CloverBet Romania and Orion Tip Slovakia. Announced this week, NSoft will power CloverBet Romania’s retail network of 50 betting shops with its comprehensive in-play MTS sportsbook solution, delivering over 25,000 live events per month across 20 sports. Commenting …

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RCA admits unauthorised drone use gives punters an unfair edge on betting exchanges

Racecourse officials have joined efforts to clamp-down on the unauthorised use of drones, as recent reports have suggested that images shot using a drone can be used to give punters placing in-running bets an unfair advantage. Racing content streamed via TV channels is often delayed by several seconds, but drone images can be streamed instantly, gaining punters a strategic advantage …

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Tabcorp appoints M&C Saatchi to develop new AUS profile

Australian marketing news source Mumbrella has reported that ASX gambling group Tabcorp Holdings has awarded its creative advertising account to M&C Saatchi Australia. The Sydney based marketing agency will takeover the AUS $ multi-million account from incumbent Clemenger (BBDO Group), who have served as Tabcorp’s creative lead since 2016. Mumbrella reports that M&C Saatchi, were not required to pitch for …

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A no-deal brexit would be detrimental for British horse racing industry, warns Goffs’ chairman

The UK Chairman of Bloodstock sales group Goffs, Henry Beeby, has warned MPs that allowing a no-deal Brexit to occur will have adverse effects on the breeding and racing industries in the UK. Prime Minister Theresa May’s proposed deal suffered an overwhelming defeat in the House of Commons on Tuesday, which has dented hopes for a secure future in the …

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Rank appoints ‘strategy pro’ Tang Hong Cheong as corporate advisor

The governance of legacy UK gambling operator Rank Group Plc has this morning announced the appointment of Tang Hong Cheong as a non-executive director with immediate effect. Tang Hong Cheong has served as President and CEO of multi-national Asian entertainment and leisure investment firm Guoco Group since 2016. A seasoned C-level executive in corporate financing, risk management, transformation projects and …

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JenningsBet extends contract with SG Gaming by two years

iGaming supplier SG Gaming, have announced that it is  “supporting the independent bookmaker” by extending its partnership with independent bookmaker, JenningsBet, through agreeing to a two-year contract. As part of the deal, SG Gaming will continue to supply slot content to its terminals to the 95 JenningsBet shops across the UK. In return, JenningsBet shop will continue to operate the …

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Max Meltzer: Kambi – Respect the legacy… Delivering fresh prospects for ATG Sweden

Max Meltzer Chief Commercial Officer (CCO) of leading sports betting technology firm Kambi Group Plc, details his firm’s comprehensive partnership with Swedish legacy racing operator ATG. A key stakeholder in the delivery of new ATG systems and platforms, Meltzer details to SBC the complexities of servicing  Swedish betting’s legacy incumbent, as it faces sweeping changes within its home market… _______________ …

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