Retail

CIRSA gains competition clearance on Sportium takeover

Spain’s Competition & Markets Authority (CNMC) will allow Grupo CIRSA to acquire bookmaker Sportium outright, permitting the Blackstone owned operator the right to purchase Ladbrokes 50% joint-venture shareholding. The CNMC had been forced to review CIRSA’s pending €70 million acquisition of Ladbrokes JV stake in Sportium, which would see CIRSA control Spain’s biggest wagering network made-up of 3,000 retail betting …

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Rene Abou el Alla joins Merkur Sportwetten as new CPO

Merkur Sportwetten has strengthened its leadership team after confirming the appointment of Rene Abou el Alla as the group’s new Chief Product Officer (CPO). Rene will join the Gauselmann Group subsidiary, with his role due to oversee the establishment of  a professional product management system in cooperation with the company’s own betting operator and product company, Cashpoint Solutions.  “The sports …

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GVC strengthens operational division with two new hires

GVC Holdings has strengthened its senior operational management team by announcing the appointment of a new director of payments and compliance, and a new gaming product director. Set to join the operator’s leadership in early November, Gabriele Griesbacher will assume the role of Director of Payments, while Colin Cole-Johnson takes up the role of Gaming Product Director. Shay Segev, Chief …

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UKGC reminds licensees of expectations when leaving the market

The UK Gambling Commission (UKGC) has reminded all licensees that it should have measures in place to ‘make sure that consumers are not unnecessarily disadvantaged’ if the licensee leaves the market. The reminder comes a little over six months after Irish sports betting operator BetBright’s closure meant that a number of customers were left in limbo as to the status …

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GVC secures global racing partnership with BetMakers

GVC Holdings has strengthened its commitment to racing after securing a new global racing partnership with Australia-based BetMakers Technology Group, which will roll out BetMakers’ technology and wagering products rolled out in Australia and other international markets. Under the terms of the new agreement, BetMakers has confirmed that it will continue to service GVC Australia brands. However, it has now …

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Racing industry advised to ramp up no-deal Brexit preparations

The UK racing industry has been warned that it needs to begin making plans ahead of a potential no-deal Brexit scenario, which is expected to have a significant impact on the sector. In a note sent on behalf of the Thoroughbred Industries Brexit Steering Group, it was emphasised that ‘the political situation regarding the United Kingdom’s withdrawal from the European …

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Neil McArthur praises ‘demonstrable progress’ in combatting problem gambling

The UK Gambling Commission (UKGC) CEO Neil McArthur has praised the ‘encouraging increase’ of gambling operators which are utilising both algorithms and machine learning to crack down on gambling related harms. Speaking at the Southbank Centre yesterday, McArthur confirmed that the UKGC plans to launch its next Raising Standards Conference early next year, however called for a bi-annual meeting of CEOs …

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Sky Sports Racing secures broadcast agreement with Keeneland

Kentucky-based Keeneland Association has secured a new multi-year agreement with Sky Sports Racing which will give the broadcaster exclusive rights to broadcast Keeneland racing and sales to UK and Irish viewers. The agreement, which will begin at the start of Keeneland’s Fall Meet in October, will include race-day coverage as well as exclusive content and commentary provided by Keeneland Paddock …

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ARC purchases Towcester fixtures as racecourse confirms closure

Historic UK racecourse and greyhound track Towcester is due to close down after its owners have confirmed they will be selling its remaining fixtures to Arena Racing Company (ARC). The racecourse, which entered into administration in August of last year, was sold to Fermor Land LLP after a period of ‘trading difficulties.’ The British Horseracing Authority (BHA) has since confirmed …

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Northern Ireland launches public gambling consultation

A Northern Irish government department has confirmed that it will launch a public consultation on the creation of a new gambling policy and the effects of problem gambling. The consultation will form the basis of the advice which will be given to the next minister for communities, who will form a new gambling policy once the Northern Ireland Executive and …

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