Nasdaq-listed gambling technology and systems provider Scientific Games Corporation (SGC) has confirmed that it has completed its acquisition of US-centric sports betting data provider Don Best. A transaction first announced on 9 October, SGC moves to significantly strengthen its US sports betting capabilities serviced by its SG Digital division. Don Best assets and operating capabilities have been acquired to bolster SG …
Read More »Retail
SIS strengthens LatAm portfolio with Tote Media extension
SIS and Tote Media have confirmed an extension to the deal to distribute live pictures and data from the Latin American Racing Channel’s (LARC) racecourses, to operators globally. The two-year rights extension expands SIS’s Latin American racing portfolio to over 4,500 races per year, with races from Chile, Argentina, Brazil, and Peru, and includes some of the top racecourses in …
Read More »New Chapter – Mark Frissora confirms Caesars 2019 departure
Nasdaq-listed gambling and leisure group Caesars Entertainment Corporation has confirmed that President & Chief Executive Mark Frissora will depart the company in February 2019. Updating investors, Caesars governance details that it has begun its executive search for Frissora’s leadership replacement. Frissora took charge of an embattled Caesars Entertainment in February 2015, guiding the company through its Chapter 11 bankruptcy process …
Read More »Sports Minister Tracey Crouch says bye to DCMS over FOBTs delay
UK Sports Minister Tracey Crouch has resigned from the Department for Digital, Culture, Media & Sports (DCMS), in relation to the government’s delay in implementing its £2 FOBTs stake reduction. Crouch had served as Sports Minister since 2015, leading the government’s relations with the UK betting and gambling sectors. Monday’s 2018 Budget announcement saw the Treasury confirm that it would implement …
Read More »Rank hires ‘transformation pro’ Bill Floydd as Group CFO
The governance of Rank Group Plc has this morning disclosed the pending appointment of William ‘Bill’ Floydd as new Chief Financial Officer (CFO). Joining the company on 12 November, Floydd is set to replace Clive Jennings as group Financial lead. Floydd joins Rank’s executive team from FTSE100 financial information/data provider Experian Plc, where he served as CFO for the UK …
Read More »Sports Trading Network joins forces with All-in Diversity to transform a new generation of traders
Industry workplace diversity, inclusion and equality program ‘The All-in Diversity Project’ (All-in) has announced its latest strategic partnership with the Sports Trading Network (STN). STN is regarded as sports betting’s largest professional network of traders, offering sports modelling, data and insights for all global sports markets. Updating the market, STN and All-in have partnered to launch a new industry-wide Sports …
Read More »Robust quarter sees IGT adjust 2018 earnings forecast
New York-listed gambling technology and lottery systems provider International Game Technology PLC (IGT) has revised its full-year 2018 earnings expectations, publishing a better than anticipated Q3 2018 trading update (period ending 30 September). Updating the market, IGT governance details solid lottery performance, combined with improved gaming KPIs which have helped the company deliver a 3% increase in adjusted EBITDA to $443 …
Read More »Responsible Gambling Week unites Irish and British industries
Spearheaded by the Irish Bookmakers Association (IBA), the Irish betting sector is uniting with the British gambling industry to take part in Responsible Gambling Week 2018, making it the biggest ever event of its kind in both countries. The event, which will run for the first week of November, will be supported by more than 800 bookmakers and head offices …
Read More »Caesars strengthens US sports sponsorship portfolio
Caesars Entertainment has unveiled the growth of its US sports sponsorship portfolio, confirming deals with the Philadelphia 76ers, New Jersey Devils and the Prudential Center. The landmark partnerships aims to make Caesars Entertainment’s new sportsbook a key feature in the matchday of both sports franchises, with the experience now available at two of its Atlantic City properties and The Caesars …
Read More »Andorra confirms review of controversial casino tender
The executive of the Principality of Andorra has confirmed that it will require a month to review the complaint placed by European gambling operators against the issuing of the nation’s sole casino license to regional enterprise Jocs SA. Yesterday, Antoni Marti first minister of Andorra confirmed that the casino tender complaint put forward by European operators – Casinos Austria, Genting …
Read More »