Retail

Maltco Malta tasks Vermantia with delivering bespoke racing channel

SBC News Maltco Malta tasks Vermantia with delivering bespoke racing channel

Vermantia specialist in immersive gaming/betting content has announced that it will expand its live horse racing channel within Malta, securing a partnership with Maltco Lotteries, operator of Malta’s largest retail network. The partnership will see Vermantia develop and deliver a bespoke channel for Maltco properties, featuring round-the-clock coverage of races from the UK, US, Australia, India and South Africa. Vermantia secures …

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Andrew Thomas ends tenure as Playtech advisor

SBC News Andrew Thomas ends tenure as Playtech advisor

Further to publishing its full-year 2018 results, yesterday FTSE250 gambling technology group Playtech Plc confirmed the departure of Andrew Thomas as a corporate Independent Non-Executive Director. A seasoned executive in corporate financing, taxation and UK leisure/entertainment commercial enterprise, Thomas has served as a Playtech governance advisor since 2012. During his tenure as a Playtech Non-Executive Director, Thomas chaired the FTSE …

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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

SBC News Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

SBC News Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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Two consultations launched on high prize machines and online credit card use

SBC News Two consultations launched on high prize machines and online credit card use

The Gambling Commission is inviting members of the public, gambling businesses and other stakeholders to provide their views on two key issues as part of its work to prevent gambling-related harms. The Commission is requesting views and data on the issue of gambling online with credit cards and, separately, on improving player control measures on all Category B gaming machines, …

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SIS and ATR granted exclusive media rights deal with Ascot

SBC News SIS and ATR granted exclusive media rights deal with Ascot

Racing content and data provider SIS (Sports Information Services) and At the Races (ATR) have both signed an exclusive media rights deal with Ascot Racecourse, which will allow racing coverage from Ascot to be broadcast internationally. Both SIS and ATR have been granted exclusive media rights for sports betting purposes, as well as for display across licensed betting premises within …

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Bacta celebrates fundraising work of its Charitable Trust with Parliament reception

SBC News Bacta celebrates fundraising work of its Charitable Trust with Parliament reception

Amusement industry trading body bacta has celebrated the work of its Charitable Trust with a Parliamentary Reception, after it has raised over £3.5m since its establishment in 1991. The event commemorated the Trust’s fundraising capabilities, following the recent expansion to its scope of charities supported to include Great Ormond Street Hospital, the Teenage Cancer Trust, The Royal Marsden Cancer Charity and …

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Irish betting nerves tested by critical tax judgement

SBC News Irish betting nerves tested by critical tax judgement

Ireland is awaiting the final review of its proposed bookmakers’ turnover tax hike which would effectively double the tax that bookmakers are obliged to pay from one to two per cent. Numerous industry stakeholders have voiced concerns surrounding the damaging effects that the tax hike could have on the Irish gambling industry, and especially how the tax hike would affect …

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