Retail

CIRSA orders Catalan makeover to complete Giga Games acquisition

Following a review by Spain’s Competition & Markets Commission (CNMC), Grupo CIRSA has been ordered to restructure its Catalonian commercial presence in order to complete its acquisition of slot machine and arcade hall operator Giga Games. CNMC has ordered CIRSA governance to dispose of two of its Barcelona bingo halls, whilst further demanding that the Blackstone owned gambling group ‘terminate …

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Swedish FA clashes with Spelinspektionen over match fixing inaction

The Swedish Football Association (SvFF) has hit back at the country’s gambling regulatory body Spelinspektionen for not prohibiting licensed operators from offering betting on a domestic football club competition – despite its warning of some suspected match-fixing. Last month, the SvFF revealed that it had received reports of match-fixing within Division 2 Södra Svealand, advising the Spelinspektionen to implement a complete ban on …

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Codere ‘advisory appointment’ rustles political feathers

Bolsa Madrid gambling firm Grupo Codere SA has caused controversy with its appointment of former Spanish Justice Minister Rafael Catala as a corporate advisor. Codere has stated to Spanish media that Catala a figurehead of Spain’s Partido Popular (Conservative Party) and former board member of the company between 2005-2011, will act as a ‘legal and regulatory advisor, with no executive …

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Global profile helps IGT override Italian gaming taxes

Publishing its latest Q2 2019 trading update (period ending 30 June), New York-listed gambling technology group International Game Technology Plc (IGT) reports a strong quarter driven by significant growth in ‘global gaming product sales’. IGT records group ‘consolidated revenues’ of $1.23 billion up 3% on corresponding Q2 2018’s $1.2 billion, as the company sustains its in-store lottery momentum, offsetting new …

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Ladbrokes goes ‘paperless’ with Racing Post Digital Betting Shop Display

Ladbrokes has confirmed that it will become the first high street bookmaker to go ‘paperless’ in its shops after launching a Racing Post Digital Betting Shop Display in two retail shops in Dublin and Galway.  The launch coincided with the Galway Summer Festival, and will offer punters an interactive digital format of the odds and information of the runners and …

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Voluntary whistle-to-whistle ban comes into force

The industry-wide voluntary ‘whistle-to-whistle’ advertising ban is due to come into force today (1 August 2019), which will see bookmakers ban all TV betting adverts during pre-watershed live sport broadcasts. The self-enforced ban, will not be applicable to horseracing and greyhound racing coverage, was suggested by the Industry Group for Responsible Gambling (IGRG) after it received public and political criticism …

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Kambi strikes Penn National multi-state agreement

Kambi Group has significantly advanced its US profile by securing a ‘multi-state sportsbook services agreement’ with Penn National Gaming. Updating investors, Kambi details that it will become the lead sports betting systems and software supplier to Penn National, ‘North America’s largest regional gaming operator’, servicing both its on-property and digital disciplines. Nasdaq-listed Penn National operates more than 40 gaming facilities …

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IGT appoints ‘security pro’ Dr Samantha Ravich as corporate advisor

New York-listed gambling technology group International Game Technology Plc (IGT) has moved to strengthen its corporate advisory confirming the appointment of Dr Samantha Ravich as an Independent Director. A scholar in national security development, political science and cybersecurity defence measures, Dr Ravich is the current Chair of the Center on Cyber and Technology Innovation at the ‘Foundation for Defense of Democracies’, …

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Rebecca Pow to oversee gambling industry following cabinet reshuffle

As part of last week’s Cabinet reshuffle following Boris Johnson’s appointment, it has been confirmed that MP for Taunton Deane Rebecca Pow will be tasked with overseeing both the horseracing and gambling sectors rather than sports minister Nigel Adams.  Pow was re-appointed as the parliamentary under secretary of state for arts, heritage and tourism at the Department for Digital, Culture, …

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New look SKS365 forms ‘expert body’ leading corporate compliance

Italian gambling group SKS365 – the operating company of Planetwin365 – has established a new supervisory body to oversee its legal and compliance directives. The compliance body will be led by former Carabinieri (Italian national guard) Brigadier General Massimo Ignesti, who will serve as Chairman. Ignesti will be supported by Professor Ranieri Razzante as Deputy Chairman. He is a legal scholar in anti-crime legislation …

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