Retail

SGC completes Don Best acquisition bolstering SG Digital’s US sportsbook operations

SBC News SGC completes Don Best acquisition bolstering SG Digital's US sportsbook operations

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 …

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SIS strengthens LatAm portfolio with Tote Media extension

SBC News 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 …

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New Chapter – Mark Frissora confirms Caesars 2019 departure

SBC News 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 …

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Sports Minister Tracey Crouch says bye to DCMS over FOBTs delay

Crouch

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 …

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Rank hires ‘transformation pro’ Bill Floydd as Group CFO

SBC News 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 …

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Sports Trading Network joins forces with All-in Diversity to transform a new generation of traders

SBC News 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 …

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Robust quarter sees IGT adjust 2018 earnings forecast

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

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 …

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Caesars strengthens US sports sponsorship portfolio

SBC News 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 …

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Andorra confirms review of controversial casino tender

SBC News 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 …

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