Retail

TAB urges punters to ‘spend local’ in support of Australian racing

Tabcorp Holdings’ flagship sportsbook property TAB has launched its new “Back the Industry” campaign, urging punters and businesses to support Australian racing during the ongoing COVID-19 crisis. Despite all Australian professional sports leagues postponing their imminent 2020 schedules, Australian horse and greyhound racing remain as the last organised sports still operating during the Australian COVID-19 lockdown, maintaining all meetings behind …

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British racing could face £193m set back due to COVID-19 suspension

British racing has predicted that it could face revenue losses of £193 million if the sport is shut down until July, a letter from the British Horseracing Authority (BHA) has revealed. As reported in the Racing Post, a letter from the BHA to trainers confirmed that the sporting authority has sought assistance as part of an “industry-wide lobbying effort that …

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Rangers FC and Ladbrokes end betting partnership 

SPFL football club Rangers FC has confirmed that it will not renew its in-stadia wagering partnership with bookmaker Ladbrokes, however the announcement seems to be little more than posturing from the Glasgow football club. This morning, Rangers Commercial Director James Bisgrove communicated that Ladbrokes in-stadia betting services would be discontinued from Ibrox in advance of the SPL 2020/2021 season. “Following …

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UKGC enforces credit wagering ban as ‘technical focus’ continues

The UK Gambling Commission (UKGC) has maintained its 2020 regulatory agenda by implementing its outright ban on credit card wagering across all gambling verticals, enforced from Tuesday 14 April. The anticipated ban on all credit transactions was approved this January, marking the Commission’s first industry-wide regulatory enforcement for 2020 proceedings. In its January announcement, the Commission underlined that a blanket …

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William Hill leadership forgoes 2020 incentives to protect retail workforce

Ulrik Bengtsson Group Chief Executive of William Hill Plc has agreed to relinquish his executive performance rewards and entitlements for 2020, in light of ongoing COVID-19 impacts on the business and its global workforce. William Hill confirmed Bengtsson’s decision publishing the FTSE250 betting group’s ‘2020 Executive Remuneration’ report this afternoon. Countering COVID-19 disruptions across its business channels, William Hill governance states …

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GBGB reveals plans to be ‘first to return’ when restrictions ease

Greyhound racing has emphasised its plan to be ‘the first to return’ to racing behind closed doors after the current restrictions placed on sporting events are relaxed. Through its industry-led working group, the Greyhound Board of Great Britain (GBGB) has been working towards restarting the sport in ‘a responsible but efficient manner’. GBGB Managing Director Mark Bird said: “We were …

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Belgium BGC appoints Judge Clavie as new President

Restructuring its leadership frameworks, the Belgian Gambling Commission (BGC) has confirmed the appointment of Magali Clavie as new President. A former Brussels High Court Judge specialising in adjudicating criminal convictions, Clavie takes charge of the BGC having previously served as President of Belgium’s Supreme Council of Justice. Updating stakeholders, the BGC underlined that it has secured one of Belgium’s top …

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Denise Coates Foundation supports NHS charity with £10m donation

In support of both staff and patients during the COVID-19 pandemic, the Denise Coates Foundation has given a £10m grant to the University Hospitals of North Midlands (UHNM) charity. The funds will be used to support a number of schemes aimed at enhancing patient care and supporting staff at both Royal Stoke Hospital and County Hospital in Stafford. bet365’s global …

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Tote offers Hong Kong racing through HKJC deal

To fill the shortfall in British and Irish racing, the Tote will offer its UK customers new opportunities to bet on Hong Kong racing after securing a new partnership with the Hong Kong Jockey Club (HKJC). Tote customers will now be able to play the Placepot on meetings from the Happy Valley Racecourse and the Sha Tin Racecourse every week. …

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FDJ secures ‘favourable’ €380m loan to repay French state duties

Française des Jeux (FDJ) has secured access to a €380 million syndicated loan, in which funds will be utilised to repay the French state’s agreed 25-year national lottery operating concession. Prior to becoming a publicly listed enterprise by floating on the Paris Euronext Exchange last November, the French government had granted FDJ a 25-year extension on its existing national lottery …

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