Retail

Oliver Dowden takes charge of DCMS

An afternoon of frantic Downing Street movements has seen Oliver Dowden (MP for Hertsmere Hertfordshire) promoted to the senior position of Secretary of State for Department of Digital, Culture, Media and Sport (DCMS). Dowden replaces Baroness Nicky Morgan as DCMS leader, who stood down as a Conservative MP last December after choosing not to contest her constituency seat in the …

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FDJ ups corporate guidance in preparation for action packed 2020

French lottery operator Française des Jeux (FDJ) has declared a ‘landmark year’ after publishing its first set of corporate results as a Paris Euronext Exchange enterprise. Citing growth across ‘all lottery verticals’, FDJ recorded a 9% increase in stakes to €17.2bn (FY2018: €15.8bn). FDJ said that it is now operating its largest point-of-sale network with a capacity of +30,000, leading …

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Cabinet reshuffle points to a National Lottery tender delay

Foreign and domestic bidding parties seeking to compete in the UK Gambling Commission (UKGC) 2020 National Lottery tender have been frustrated following news reports of likely delays. This week, the Financial Times reported that the UKGC had not issued its ‘procurement questionnaire’ to bidding parties, a key tender procedure which was meant to be sanctioned at the start of February. …

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UKGC hosts tech expert meeting on safer gambling

The UK Gambling Commission (UKGC) has hosted a two-day meeting between industry executives and technology experts, seeking to make progress on the development of a ‘single industry-wide solution’ reducing gambling harms. Forming a ‘single customer view’ of UK gambling has been previously outlined as a major strategic initiative of the UKGC’s ongoing ‘National Strategy’ regulating the UK gambling incumbents The …

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BGC backs tougher stance against black market actors

Issuing a response to the Government’s Online Harms white paper, the Betting and Gaming Council (BGC) has requested that measures are put in place to crackdown on technology platforms which profit from unregulated gambling operators. The BGC has welcomed efforts from the Government to tackle online gambling harms and the mitigation of risks to underaged gamblers. However, following research carried …

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Irish Greyhound Board orders Sportech Tote upgrade

Copyright: juhku / 123RF Stock Photo

The Irish Greyhound Board (IGB) has sanctioned racing systems provider Sportech Plc to upgrade its Tote wagering services operating across its syndicated Ireland track portfolio. Securing a multi-year agreement with the Sportech Racing and Digital division, IGB upgrades its current ‘Series 7 Tote’ to Sportech’s state-of-the-art Quantum™ System. The agreement sees IGB partner with the ‘most widely deployed’ Tote betting …

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BHA and IHRB team up to monitor betting trends

The British Horseracing Authority (BHA) has teamed up with the Irish Horseracing Regulatory Board (IHRB) to focus upon monitoring betting trends across the Irish horseracing sector. The four-year agreement will see the duo work together on ‘different areas of intelligence’, while also strengthening the link between the two horseracing bodies. “We will be working together in different areas of intelligence. …

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GVC reprices and relocates its corporate debt holdings

Issuing a corporate filing, the governance of FTSE250 GVC Holdings Plc has today disclosed that it has sanctioned the repricing and reallocation of its existing $786 million (€720m) first-lien term corporate debt bond. Updating investors, GVC details that it has undertaken the transaction to ‘simplify its corporate debt structure’, which will see the debt-bond placement transferred to its wholly-owned GVC …

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New look OPAP bolsters its executive management team

Athens-listed Greek gambling group OPAP SA has announced a series of executive C-level appointments to strengthen its commercial development and leadership capacities. Long-term executive Jan Karas has been promoted to the leadership position of Group Chief Commercial Officer (CCO) having previously served as Chief Operations Officer of OPAP’s retail division. Karas retail responsibilities have been transferred to OPAP Group Chief Operations Officer …

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French ANJ unified gambling authority inbound for spring 2020

Isabelle Falque-Pierrotin, State Councillor for France’s ‘National Commission for Data Protections’, has announced that her department will soon unveil its new government structure managing regulatory oversight of French gambling. Regarded as France’s leading civil servant on digital enterprise and consumer ethics, last October the En Marche government appointed Falque-Pierrotin to spearhead the development of L’autorité Nationale des Jeux (ANJ) – French …

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