Retail

CIRSA continues strong 2015 momentum with Spain & Latin America expansions

Spanish gambling operator Grupo CIRSA has continued its strong 2015 momentum, reporting profits up 16% to €280 million for its year to date performance (period ending 30 September). The Barcelona based operator would record a 19.5% revenue uplift to £1.2 billion driven by sufficient expansion in its Latin American markets notably Costa Rica and Peru. To date, the operator maintained …

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PETA asks New York Gaming Commission to change equine doping regulations

The New York State Gaming Commission is reported to be considering new equine drug testing regulations following its fines against race trainer Steve Asmussen. US animal rights organisation PETA had undertaken a probe investigating Asmussen’s training methods. The investigation points the finger at the trainer and his assistant, Scott Blasi, with 14 allegations of equine doping during the 2013 Saratoga …

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RGT greenlights further loyalty card player research

The Responsible Gambling Trust, the industry-funded organisation that commissions research, treatment and education initiatives around problem gambling, has commissioned NatCen Social Research to conduct a follow-up to a survey of bookmaker loyalty card holders first published in 2014. Researchers will measure problem gambling rates and study reasons for behaviour change since the original survey. The 2014 survey of bookmaker loyalty …

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Betfred confirms closure of Wigan Tote Park call centre

Betfred governance has confirmed the closure of its Wigan Tote Park  call centre, in a move which will effect more than 100 employees, the majority part time workers. The operator confirmed that it found jobs for seven of the fourteen full time staff affected by the closure. The Warrington based bookmaker will look to close the Wigan call centre by …

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MGM Resorts sells Reno assets to Eldorado Inc

Nevada based MGM Resorts International has announced that it has completed the sale of Reno leisure/gambling asset Circus Casino and its 50% stake in the Silver Legacy Resort to Eldorado Resorts Inc. First agreed in July, the transaction sees Eldorado pay $73 million in cash for the combined assets. Eldorado are further set to commit $8 million in working capital …

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Ladbrokes’ Matt Howe wins “Betting Shop Manager of the Year”

Matt Howe Ladbrokes Walsall Road (Birmingham) betting shop owner has been crowned ‘Betting Shop Manager of the Year’ by the Racing Post and SIS wagering systems. Impressing a secret judging panel, Howe 29 was described as top betting shop manager for his “excellent, friendly and professional” service offered in his “spotlessly clean” shop, Howe is the fifth Ladbrokes betting shop …

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Desmond’s Ladbrokes-Coral derail fails as investors back merger

Despite Dermot Desmond’s last ditch attempt to derail its £2.2 billion merger with Gala Coral, Ladbrokes shareholders are reported to have voted in favour of the deal this morning. London business news sources report that 90% of Ladbrokes Plc investors backed the merger, despite hearing Desmond’s arguments against its progression. Furthermore Ladbrokes governance rejected Desmond’s appeal for a second merger …

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Betfair signs 2 year Sandown ‘Tingle Creek’ sponsorship

Betfair has been announced as the new sponsor of the Tingle Creek Chase at Sandown in a two-year deal. The company is the first to use its status as an ‘authorised betting partner’ to reach an agreement to expand its sponsorship portfolio with Jockey Club Racecourses, owner of Sandown. Following the announcement of the initiative last month, JCR announced they …

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TOTE Ireland joins Colossus Bets sports pools

TOTE IRELAND, a wholly-owned subsidiary of Horse Racing Ireland and the operator of pool betting on Irish horseracing has announced that it has partnered Colossus Bets to over mega-sized jackpots across its web and mobile platforms. The agreement includes a potential future rollout of Colossus Bets’ patented partial cash-out technology across the entire Tote Ireland platform. Tim Higgins, CEO of Tote Ireland …

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Sportech wins Chickasaw Nation racetrack supplier contracts

Sportech Racing has furthered its presence in the US market, by announcing that it will become wagering technology and services supplier for Remington Park (Oklahoma) and Lone Star Park Racetrack (Texas). The racetrack agreements have been formed under a new partnership with racing operator Chickasaw Nation Global Gaming. Sportech is set to provide its comprehensive suite of pari-mutuel betting services …

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