Retail

All the news form the retail betting sector

SBC Digital – Africa: Technology is the way forward for lottery

SBC Digital - Africa: Technology is the way forward for lotteries

Technology in the lottery sector was among the key talking points at this week’s SBC Digital – Africa, with Dhrupal Amin – Non-Executive Director of GameCover – emphasising that the right software is ‘critical’ to make lotto ‘easy to play’. Taking part in the BetConstruct-sponsored panel titled ‘A Lottery of Trust’, Amin was joined by Neil Jasper (Consultant at Tenica …

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BHA tightens syndicate regulations to ‘support public confidence’

The British Horseracing Authority (BHA) has announced plans to tighten regulations of syndicates and racing clubs in order to ‘support public confidence’. Central to the enhancement of the regulations is a strengthening of the Code of Conduct for Syndicates. First introduced in 2017, the Code requires syndicates to provide members with a contract covering specific areas in order to advertise …

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UK racing’s return will usher a starting prices overhaul 

The Starting Price Regulatory Commission (SPRC) has announced that UK racing fixtures starting prices will be determined using ‘mainly off-course mechanisms‘. The change has been implemented following a number of years under consideration, with the SPRC outlining that racing fixtures needs to better reflect their betting markets as a whole.  Starting prices were last examined in 2015 when on-course betting …

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Horse racing expresses debt concerns over DCMS relief

The reluctance of many horse racing bodies to take on more debt has led to the sport receiving only half of the £40 million originally earmarked by the Department of Digital, Culture, Media and Sport (DCMS). According to the Racing Post, racetracks have been unwilling to take on more debt due to the financial impacts of the coronavirus pandemic, instead …

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SIS expands Watch and Bet reach via Unibet deal

SIS expands Watch and Bet reach via Unibet deal

Unibet customers across Australia, Europe, Ireland and the UK will now gain access to 24/7 live betting channels after SIS (Sports Information Services) signed an agreement to deliver its racing content in a Watch and Bet format. Through the partnership, SIS will supply its branded 24/7 live betting channels featuring live streams of UK and Irish horse racing and greyhound …

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Horse racing receives financial boost from latest DCMS relief tranche

Horse racing will receive a much needed financial boost as part of the Department of Digital, Culture, Media and Sport’s (DCMS) latest tranche of funding. As a result of the DCMS’ latest round of sports funding, horse racing will receive £21 million in loans, committed to the Horse Betting Levy Board (HBLB). This funding ‘will ensure essential race day integrity …

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Tabcorp calls off CEO search as board reviews all future options

Tabcorp Holdings has postponed its search for a new Chief Executive to replace David Attenborough, as its board undertakes a strategic review related to the firm’s future options.  Updating stakeholders, Tabcorp’s board confirmed that the company had reviewed a number of ‘unsolicited approaches’ to acquire the ASX firm’s TAB wagering unit. Tabcorp’s board has deemed the proposed valuation of TAB …

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Betting industry’s sports contribution highlighted in BGC report

A recent report commissioned by the Betting and Gaming Council (BGC) has focused on the financial contribution made by the industry to the UK’s sports sector and the wider economy. The study, conducted by Ernst & Young, highlighted the £40 million received by the English Football League (EFL) and its clubs from the industry, in addition to over £10 million …

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APPG demands Camelot explain its parliamentary advertisements

Camelot UK has been urged to explain why it has taken out advertisements in Parliamentary magazine The House, promoting its business as the operating company of the National Lottery. Concerns were raised to the UK Gambling Commission (UKGC) by MPs Richard Holden and Carolyn Harris of the All Party Parliamentary Group on Gambling Related Harm (APPG).  The MPs cited that …

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RMG passes the winning post with Cheltenham streaming record

RMG passes the winning post with Cheltenham streaming record

Last week’s Cheltenham Festival recorded a huge uptake in the number of viewers streaming the event, with the Racecourse Media Group (RMG) reporting the highest figure in British and Irish horse racing history. Utilising the services of real-time streaming technology platform Phenix, RMG secured up to 500,000 streams on individual races, representing a year-on-year growth rate of 60% across the …

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