Retail

Unibet invests into mental health initiative with Newbury sponsorship

In a move which seeks to improve the accessibility to racing for those suffering with mental health problems, Kindred Group-subsidiary Unibet has confirmed it has made an investment into #GoRacingGreen.  Unibet will invest in the initiative, spearheaded by Debbie Matthews, which will see the duo partner at Newbury Racecourse on Saturday 17 August for Unibet Hungerford Day.  #GoRacingGreen aims to: …

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Football integrity trio reports suspicious betting decrease

The ‘Global Football Report 2019’, released today by the working partnership of Stats Perform’s integrity unit, Starlizard Integrity Services and TXODDS, found that matches identified as having suspicious betting patterns decreased from 397 to 377 in the last year.  The report, which aims to provide stakeholders of the sports integrity community with an informative overview of current trends related to suspicious football …

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No-deal Brexit ‘is a real risk to racing’ warns Flutter’s Peter Jackson

With only 79 days until the UK is pencilled in to leave the European Union, horse racing stakeholders continue to make preparations in anticipation of potential disruptions to the sport and further impacts on betting markets.  The Financial Times reported this morning that a no-deal Brexit – which at present appears to be the UK’s likely outcome – will threaten …

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BBC Panorama reports rise in complaints to UK bookmakers

According to a BBC Panorama documentary due to air tonight, UK Gambling Commission statistics have reported a 5,000 per cent rise in the number of complaints made about UK bookmakers over the last five years.  The Panorama investigation, Addicted to Gambling, will be hosted by Bronagh Munro, and will be broadcast at 8.30pm on BBC1 on Monday. The UKGC figures …

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William Hill embarks on transitional journey posting group losses of £63m

Publishing its interim 2019 results (26-week period ending 2 July), FTSE250 William Hill Plc details solid progress on the firm’s five-year business transformation strategy (announced November 2018) focusing on the three core areas of digital expansion, US market growth and retail realignment. Updating investors, William Hill stated that H1 2019 trading reflected the ‘different challenges and opportunities’ that the group …

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Betradar broadens portfolio with latest virtual launch

Betradar, the betting arm of sports data intelligence provider Sportradar, has added to its gaming portfolio after launching it’s ‘Virtual Football Champions Cup‘. The new feature is set to allow operators to leverage increased betting activity which usually takes place during head-to-head football matches featuring Europe’s best teams.    Sportradar’s Managing Director Gaming Solutions, Frank Wenzig commented on the addition: “Virtual …

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Racing tech trio launches AllSported trading solution

As disclosed this week, the triumvirate of racing stakeholders, Racing Post, TXODDS and Banach Technologies have today launched new trading solution ‘AllSported’, a joint-venture seeking to optimise all bookmaker racing markets. The three-way venture will see the companies combine their expert competencies and knowledge of horseracing, seeking to deliver the industry’s best-in-class trading solution for bookmaker clients. The AllSported ‘made-to-measure’ …

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Codere shareholders cancel Martinez Sampedro board representation

The boardroom dispute of Bolsa Madrid gambling group Codere SA continues as company shareholders have moved to withdraw outright the governance representation of the enterprise founding Martinez Sampedro family. A Spanish Capital Markets filing has revealed that a majority of Codere shareholders voted at the firm’s annual general meeting to remove brothers’ Jose Antonio (former President) and Luis Javier (former …

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UKGC outlines changes to LCCP following open consultation

The UK Gambling Commission (UKGC) has outlined a number of new licence conditions and codes of practice (LCCP) following an open consultation with the wider industry.  The new LCCPs will look at ‘raising standards for alternative dispute resolution (ADR), strengthening requirements on how licensees identify and interact with customers who may be at risk of or experiencing gambling harms, and …

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Veikkaus ‘poor taste’ triggers debate on ‘Phase 2’ of Finnish gambling reforms

Debate on reforming wholesale Finnish gambling laws has arisen, as state-owned monopoly Veikkaus suspends its advertising activity until the end of September, implementing a full scale review of its marketing strategy. Veikkaus’ latest marketing campaign, which depicts a ‘therapist character’, advising patients that ‘cravings for thrills and winnings are normal behaviour’, has been chastised for mocking Finnish mental health services, …

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