Retail

All the news from the retail betting sector

FOBTs tax credit sees Betfred rideout 2020 retail storms 

Betfred Limited has filed its 2020 corporate accounts (period reported up to 27 September), disclosing the impact of last year’s COVID-19 pandemic on its business units.  The Done family-owned betting group saw its group wagers shrink from £10-to-£6.5 billion,  a result of the enforced closure of its UK betting estates and further COVID-19 adjustments.   Trading with an impaired retail unit, …

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FDJ to steward Plug and Play’s French retail accelerator

Groupe FDJ has joined wider business organisations in supporting France’s Plug and Play ecommerce accelerator programme.  As the operating firm of France’s National Lottery, maintained by its Française des Jeux unit– Groupe FDJ will provide its expert guidance on French retail and e-commerce disciplines to new start-ups. Recognised as one of global tech’s most successful investment platforms, Plug and Play’s …

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Komarek eyes Sazka IPO as National Lottery judgement looms

KKCG Group owner Karel Komarek is interested in launching an Initial Public Offering (IPO) of the Sazka Group gambling asset, with London touted as a potential listing location, According to Bloomberg. KKCG, the holding group behind Sazka, is allegedly working with advisers on an IPO of the international lottery operator, which could take place in the second half of 2021 …

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RMG secures ‘clarity and confidence’ with racing media rights renewals

The Racecourse Media Group (RMG) has extended its licencing rights agreements for the distribution of audio visual and data content with race tracks across the UK. Under the terms of the five-year contract renewals, 35 racecourses have extended their LBO content distribution deals, whilst 33 have signed agreements covering all other aspects of media rights. The latter extensions include streaming …

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GBGB strengthens animal welfare oversight with Angela Smith appointment

The Greyhound Board of Great Britain (GBGB) has enhanced oversight of its animal welfare initiatives by appointing former Labour MP Angela Smith as an Independent Director. As a former Shadow Environment Minister, Smith was heavily involved in issues relating to animal welfare throughout her parliamentary career from 2005 to 2019. In addition to her Shadow Cabinet position, the former MP for …

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Reawakened Rank secures options on £25m credit facility

Rank Group has entered an agreement with Lloyds Bank that will provide the LSE listed gambling group access to a £25 million (€29m) revolving credit facility. The facility has been made available to Rank for a period of two years , providing its business with additional liquidity and ‘the opportunity, when we are confident that the Group is delivering sustainable …

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BetMakers further enhances racing content via SIS and RMG partnership

BetMakers has signed a multi-year partnership with Sports Information Services (SIS) and the Racecourse Media Group (RMG) covering live streaming of British and Irish horse racing vision and wagering content. As a result of the deal, BetMakers will act as an authorised supplier of vision and content held under rights by SIS and RMG to approved Australian corporate sports betting …

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BoyleSports installs interactive Racing Post displays

BoyleSports has begun its transition from a print-to-digital after installing the new interactive Racing Post Digital Betting Shop Display (BSD) at its Drogheda shop.  The digitally-led betting shop will now feature 10 interactive screens that showcase Racing Post horse racing and greyhound data, as well as a number of new screens and self-service betting terminals (SSBTs). Michael Simpkin, Head of …

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David Craven joins Allwyn to digitise National Lottery approach

David Craven is set to take the reins at Allwyn, the UK brand of European lottery provider Sazka Group, ahead of the National Lottery bidding contest.  Craven’s experience at digitising gambling-related businesses was a key factor behind his success as a candidate, having previously served as Managing Director of The Tote and CEO of World Gaming, as well as being …

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