Retail

Ladbrokes Corporate Affairs Director Ciaran O’Brien departs for William Hill

Ladbrokes Director of Corporate Affairs’ Ciaran O’Brien has departed the operator to join competitor William Hill, ending his ten year term leading Ladbrokes corporate policy. O’Brien will join William Hill as Director of Corporate Communications. O’Brien joined Ladbrokes in 1994 from public relations and media communications agency Red Consultancy. He has held a key role in shaping Ladbrokes Plc’s corporate …

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UKGC delays appointment of Jenny Williams Chief Executive replacement

Industry news source EGR Magazine has revealed that the UK Gambling Commission (UKGC) will not name a successor to outgoing Chief Executive Jenny Williams until the conclusion of May’s UK General Election. The UKGC had announced in September 2014, that Williams was due to depart as its Chief Executive following 10 service leading UKGC operations. The regulatory body had hoped …

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GTECH clears all preconditions for IGT 7th April merger

GTECH SpA governance has announced that the company has cleared all preconditions for its merger with International Game Technology (IGT). GTECH will now be able to complete its merger with IGT operations, following its $6.4 billion acquisition which was first announced in July 2014. The merger of the two gambling technology companies is set to become effective on Tuesday 7 …

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Scientific Games secures OPAP VLT partnership

Scientific Games Corporation has announced that it has signed a contract to provide OPAP S.A. with 5,000 video lottery terminals (VLT) pursuant to OPAP’s 10-year license to operate a network of 16,500 VLTs across the country. Deployment is expected to begin in spring 2015 and conclude by the end of the year. “We are proud to be chosen as one …

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UK jockeys allowed to wear individual betting sponsorship

The Board of the British Horseracing Authority (BHA) has approved a proposal from the Professional Jockeys Association (PJA) that the Code of Conduct regarding sponsorship of professional jockeys by bookmakers should be relaxed, on a trial basis. Betting operators will now be permitted to sponsor individual jockeys, as opposed to the previous regulation which only permitted sponsorship agreements involving 50 …

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Paddy Power sets up investors for a potential €800 million surplus windfall

Ahead of its annual general meeting set for 14 May, The Irish Examiner reports that Paddy Power governance is expected to continue to return its surplus cash to investors in the coming years. In March Paddy Power governance announced that it planned to return a dividend of €390 million, representing 12% of its current market value. Paddy Power who were …

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Sheikh Hamdan donates $6 million Dubai World Cup win purse to autism charity

Dubai Crown Prince Sheikh Hamdan bin Mohammed will donate his $6 million win purse from the Dubai Racing World Cup to the Dubai Autism Centre. On Saturday Sheikh Hamdan saw a surprise win for the Dubai owned Godolphin stables as old runner Prince Bishop won the Dubai World Cup principal meeting at the Meydan Racecourse. Prince Bishop ridden by Danish/British …

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Amaya agrees sale of Cadillac Jack to AGS for CAD $476 million

Toronto listed Amaya Gaming Plc has confirmed that it has entered a definitive agreement for the sale of slot manufacturer Cadillac Jack  to AGS an affiliate of fund management firm Apollo Global Management LLC. Amaya Gaming has agreed to sell its subsidiary slots manufacturer for a reported CAD $476 million (+ £265 million), as the company chooses to focus its …

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Culture Secretary appoints new Gambling Commissioners

Culture Secretary Sajid Javid has appointed three new Gambling Commissioners to the regulator’s 10-strong board.  Alison Hastings and Trevor Pearce CBE have both been given 4 year terms, while Jonathan Scott has been given 5 years. Alison Hastings is a Non-executive Director and Vice President of the British Board of Film Classification, a Press Complaints Commissioner, a Non-executive Director of …

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Las Vegas gears up for monumental 2nd May betting weekend

Licensed Nevada sports betting enterprises are expecting between $50-$60 million to be wagered on the 2 May mega fight between Unbeaten Floyd ‘Money’ Mayweather vs Manny ‘Pac-Man’ Pacquiao. Licensed Las Vegas sportsbooks expect the weekend of 2 May to rival betting wagers placed on this year’s NFL Super Bowl. Last week Mayweather vs Pacquiao fight officials revealed that the fight …

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