The Mississippi Band of Choctaw Indians has announced that it will launch its Pearl River Resorts (Philadelphia, MS) sportsbook proposition in-partnership with Betgenius. The partnership will see the tribal gaming syndicate become the first Tribal Gaming operators to launch sports betting produce outside of Nevada. Betgenius will work with Tribal Gaming technology partner IGT Group, as the comprehensive supplier of …
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All eyes on wounded Grupo Codere
European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …
Read More »Finance Minister confirms review of Irish betting tax
According to the Times, the Irish Finance Minister Paschal Donohoe has confirmed a decision to review plans to double betting tax, after warnings from Irish Bookmakers Association (IBA) that the move would lead to significant job losses. The decision means there is likely to be a delay to the potential tax hike, which were due for implementation at the commencing …
Read More »Teddy Sagi sanctions full cash out from Playtech Plc
Representatives of Playtech enterprise founder Teddy Sagi, have today disclosed that the Israeli billionaire has sold his entire remaining shareholding in the FTSE250 technology group. The family office of Teddy Sagi informs that personal investment fund ‘Brickington Trading Ltd’ has approved the sale of 15,193,489 shares in Playtech Plc targeting a £85-90 million transaction, administrated by Credit Suisse Securities. Updating the media, Sagi …
Read More »Hereford unites with ROA to enhance raceday experience
Hereford Racecourse is looking to enhance its raceday experience, unveiling a new partnership with the Racehorse Owners Association for the 2018/19 season. Further emphasising its acknowledgement of the importance of the experience for racehorse owners, Hereford Racecourse and the ROA has united to place a specific focus on the arrival experience at the course. The O&T entrance to the racecourse …
Read More »Intralot backs Turkish talent committing to building ‘INTELTEK technology Unit’
Celebrating its fifteenth year in business within the Turkish betting and lotteries market, Athens-listed gaming and lottery systems provider Intralot SPA has announced a major investment plan in strategic asset – INTELTEK. Issuing a market update, Intralot governance confirms that it has begun development on an ‘INTELTEK – Global Research & Technology Development Centre which will be housed in Turkey, supporting …
Read More »Strange Beast! First ‘All-in Index’ shows complex workforce make-up of gambling
The All-in Diversity Project (All-in), an industry non-profit organisation promoting workplace diversity and inclusivity within global gambling, has published its first ‘All-in Index’ report, detailing insights on the sector’s workforce make-up and dynamics. The All-in Index is supported by Oxford Brookes University’s ‘Centre for Diversity Policy Research & Practice’, with the aim of developing the industry’s leading on-going knowledge and …
Read More »Toals Bookmakers unites with Irish FA for expansive partnership
Toals Bookmakers has partnered with the Irish FA to become the official bookmaker of the Northern Ireland senior international football teams, the Tennent’s Irish Cup and the Match Intermediate Cup. Established in 1932, Toals now has 50 branches across Northern Ireland, as well as has a presence in every county. The family-run business emphasised that partnering with the Irish FA symbolises …
Read More »Fortune Bets Nigeria enhances retail engagement with Vermantia live racing channel
Nigerian bookmaker Fortune Bets has enhanced its betting shop retail dynamics fully launching Vermantia’s premium content ‘Ultimate Live Greyhound Channel’. One of Nigeria’s fastest growing bookmakers, Fortune Bets boosts its in-store betting capacity securing comprehensive coverage of more than 40,000 greyhound races per year from countries including the United Kingdom, United States, and Australia. Moving forward, Fortune Bets retail portfolio …
Read More »UKGC seeks to broaden stakeholders in reducing under-age gambling
Publishing its annual ‘Young People & Gambling’ report, the UK Gambling Commission (UKGC) has re-emphasised that stronger partnerships and diligence are needed by multiple stakeholders to protect under-age consumers from engaging with gambling products. Researching the gambling behaviour of young people within Great Britain for 2018, the UKGC reveals that 14% of 11-16-year-olds had participated in gambling activity in the …
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