Retail

The executive of Melilla has announced a major coup as Bolsa Madrid gambling group Codere SA, has confirmed that it will transfer its online betting division Codere Apuestas to the Spanish autonomous city, which seeks to become a new strategic hub for the European online gambling industry. Codere Apuestas becomes the first online betting firm to migrate strategic units to …

FTSE100 online gambling group, GVC Holdings, has shifted around its senior leadership team, following Jim Humberstone’s departure as Group Director of Trading. Tom Ritzema, who succeeds Humberstone, has been appointed Group Trading Director. Ritzema has helped facilitate the integration of the trading teams of bwin.party (acquired February 2016) and Ladbrokes Coral (acquired March 2018). With eighteen years industry experience, Ritzema …

FTSE250 bookmaker William Hill Plc has this morning published its pre-close 2018 trading statement (53-week period to 1 January 2019), detailing that results will be in-line with its previously announced ‘adjusted 2018 corporate guidance’. William Hill expects to declare operating profits of circa £234 million, in line with governance’s adjusted profit range £225-245 million, which was announced last November, as …

Publishing its full-year 2018 accounts, French state-owned operator Francaise des Jeux (FDJ) has reported ‘a record year in business’ supported by an enhanced lottery portfolio and digital improvements. Updating the media and stakeholders, FDJ governance reports a record corporate turnover of €15.8 billion (+4.4%), of which €12.8 billion (+1%) was attributed to its flagship FDJ LOTO division. In its update, …

Spanish business news sources have reported that the governance of embattled Bolsa Madrid gambling group Codere SA, are reviewing all financing options as the company embarks on a ‘three-year corporate transformation plan’. Closing 2018, a year in which Codere was branded as the Madrid exchange’s ‘biggest bleeder’, seeing its share price collapse from January’s €9.50 to €2.40 for its December …

Ex-Wasps CEO David Armstrong has been appointed as the new Chief Executive for the Racecourse Association (RCA), bringing with him a wealth of expertise from across the sporting world. Armstrong is set to take up the position full-time as of 11 March. He joins the RCA after a three year tenure as Group CEO of Rugby Union team, Wasps. During …

Industry omni-channel software and systems provider NSoft begins 2019 in strong form, securing two new Eastern European managed-trading-services (MTS) betting contracts with CloverBet Romania and Orion Tip Slovakia. Announced this week, NSoft will power CloverBet Romania’s retail network of 50 betting shops with its comprehensive in-play MTS sportsbook solution, delivering over 25,000 live events per month across 20 sports. Commenting …

Racecourse officials have joined efforts to clamp-down on the unauthorised use of drones, as recent reports have suggested that images shot using a drone can be used to give punters placing in-running bets an unfair advantage. Racing content streamed via TV channels is often delayed by several seconds, but drone images can be streamed instantly, gaining punters a strategic advantage …

Australian marketing news source Mumbrella has reported that ASX gambling group Tabcorp Holdings has awarded its creative advertising account to M&C Saatchi Australia. The Sydney based marketing agency will takeover the AUS $ multi-million account from incumbent Clemenger (BBDO Group), who have served as Tabcorp’s creative lead since 2016. Mumbrella reports that M&C Saatchi, were not required to pitch for …