Retail

A report commissioned by Finland’s National Institute for Health & Welfare (THL) has warned state-monopoly Veikkaus and media stakeholders that gambling advertising is not in-line with the nation’s public health interests. Speaking to national broadcaster Yle.fi, THL senior researcher Jani Selin stated that Veikkaus advertising messages had failed to convey the public health risks attached to gambling. “The advertising slogans …

Announced in a statement this morning, The Rank Group Managing Director Alan Morgan will be stepping down, effective as of July 21, 2019. The resignation comes as Morgan wishes “to pursue other opportunities”, with his duties set to be assumed by the Chief Executive until a successor is found, with the search set to begin immediately. John O’Reilly, chief executive …

Novomatic Group AG’s Australian gaming machine manufacturer and supplier Ainsworth Game Technology (Ainsworth), has confirmed the appointment of Lawrence Levy as new Chief Executive Officer (CEO). The appointment, sees Ainsworth complete its 6-month executive search to find the leadership replacement of long-term CEO incumbent Danny Gladstone, who last September announced his pending departure set for June 2019. A seasoned industry executive in gaming …

Ladbrokes Belgium has penned a new long term agreement with Arena Racing Company (ARC) which will see the bookmaker roll out ARC’s European Racing Channel (ERC) across its Belgian retail division. The new deal will mean that British horseracing and BAGS greyhound racing can be broadcast to a growing Belgian audience via the Ladbrokes stores, which is currently listed as …

Self-service betting terminals (SSBTs) provided by Playtech BGT Sports (PBS) took more than double the number of bets from last year’s Grand National. This weekend, the omni-channel sports betting solutions provider enjoyed record turnover from the biggest National Hunt horse race, first held at Aintree in 1839. PBS confirmed that turnover increased by 135% when compared to 2018, highlighting the …

The Financial Times reports further boardroom drama brewing at FTSE250 gambling technology group Playtech Plc, as US hedge fund SpringOwl, pushes governance to restructure the firm’s executive remuneration policies Led by renowned activist investor Jason Ader, SpringOwl is reported to want Playtech governance to install a more incentivised executive pay package, structured on share options over cash rewards. SpringOwl’s reported …