Retail

Tabcorp appoints Adam Newman as group financial lead

Australia ASX-listed gambling group Tabcorp Holdings continues it’s executive leadership restructure confirming the appointment of Adam Newman as inbound Chief Financial Officer (CFO). Newman is set to join Tabcorp leadership this October, departing from ASX-listed home energy network AusNet Services, where he has formerly led all financial and treasury disciplines as Group CFO (2013-2019). The appointment sees Newman replace long-term …

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Female jockeys mispriced for success

Research on over 1.6 million horse races over an 18-year time frame has found that female jockeys given odds of 9/1 are statistically as likely to win a race compared to a male ridden horse at odds of 8/1. The research, backed by both the Women in Racing’s bursary fund and the Racing Foundation, concluded that ‘female Jump jockeys may …

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Betfred deepens Racing Post commitment launching ‘Betfinder filters’

Betfred has confirmed that it will deepen its audience engagement partnership with Racing Post B2B, launching the ‘Betfinder’ feature across its digital verticals. Powered by Racing Post data and insights, Betfinder allows horseracing customers to filter and condense bet selections to their preferences, in-turn allowing bookmaker customers to increase market interactions and efficiencies. “Betfinder is a filtering tool that allows …

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SIS strengthens US portfolio with PARX partnership

Sports Information Services (SIS) has agreed to broadcast US racing content to its portfolio of operator partners after inking a new multi-year agreement with Pennsylvania-based PARX Racing. The new agreement will see SIS named as the exclusive distributor of live pictures and data from the racecourse, with the intention of distributing content from at least 1,530 races a year.  Simon …

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Executive reshuffle sees Sportech absorb LOT.TO management

London-listed racing and wagering systems provider Sportech Plc has moved to restructure its executive leadership team, seeking to enhance its B2B structure and capacity. Absorbing the management of recently acquired LOT.TO, Sportech welcomes three new executives to its leadership team. Former LOT.TO CEO and Co-founder Andrew Lindley will take charge of Sportech operations as new Group COO. Lindley has prior …

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Enforcement Report details UKGC concerns for consumer protection

The UK Gambling Commission (UKGC) has published its second annual ‘Enforcement Report’, providing a detailed overview of the work and progress the Commission has made on its regulatory agenda and industry directives. The report updates industry stakeholders on the seven key disciplines central to UK gambling policy and standards – safer gambling, AML, marketing/advertising, illegal activities, affordability, consumer protection and compliance. …

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Sportech delivers on ‘Ascot World Pool’ project

London-listed racing and wagering systems supplier Sportech Plc has announced that it successfully delivered the new “Ascot World Pool’, completing a ‘commingling project’ undertaken for major racing stakeholders Betfred Totepool, Ascot Racecourse, and Hong Kong Jockey Club. Launched at Royal Ascot 2019, the World Pool is a pari-mutuel betting pool designed to maximize liquidity by combining wagers from global Ascot …

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2018 losses see France Galop back PMU revitalisation programme

The executive committee of France Galop, the governing body of French horseracing, has reported group-wide losses of €21 million as part of its 2018 accounts. France Galop, who shares ownership of French racing operator PMU alongside counterpart Le Trot Francais, details that 2018 horseracing revenues were significantly down on forecasted targets. “The net result of the PMU for 2018 is set …

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OPTIMA passes South Africa certification test

Copyright: rawpixel / 123RF Stock Photo

Award winning betting technology supplier OPTIMA is ready to service the regulated gambling market of South Africa after obtaining the necessary Gaming Labs International (GLI) certification to deliver its OPTIMAMGS™ platform to operators in the rainbow nation. The sports betting and gaming solutions provider is now certified according to the regulations for online operations as well as for retail in Cape …

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BHA launches report analysing Chinese influence in UK racing

A new report published by the British Horseracing Authority (BHA) has been released, which has revealed a rapidly growing interest in UK horse racing across China, which may offer a huge trading and influencing opportunity for the UK. The report, entitled British Horseracing’s International Influence, sets out to examine the ways in which British racing can both influence and support …

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