Retail

Racing trio launches ‘AllSported’ JV aiming for ‘racebook excellence’

Seeking to bring new innovations and dynamics to racing markets, new joint-venture ‘AllSported’ has been formed by racing stakeholders TXODDS, Banach Technology and the Racing Post. Combining the firms’ knowledge and expertise in racing trading and technology development, the triumvirate have worked together to deliver a ‘racing-specific trading solution’. The AllSported JV sees TXODDS act as lead feed supplier of …

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BHA makes minor cuts to racing calendar in 2020 fixture list

The British Horseracing Authority (BHA) has confirmed that it will be making minor cuts to the upcoming 2020 fixture list, despite a number of concerns over long-term betting levy contributions.  As the anticipated number of betting shop closures is expected to hit levy contributions hard, the BHA has been placed in a difficult position of maintaining a balance between the …

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RMG optimistic following glorious Goodwood success

The partnership between Racecourse Media Group (RMG) and Goodwood Racecourse led to the successful broadcasting of last week’s Qatar ‘Glorious’ Goodwood Festival.  The five-day meeting, which was broadcast worldwide, had attracted additional interest from North America, and with the sport seemingly growing in popularity in that region of the world, organisers are hoping the increased interest continues. When asked about …

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CIRSA orders Catalan makeover to complete Giga Games acquisition

Following a review by Spain’s Competition & Markets Commission (CNMC), Grupo CIRSA has been ordered to restructure its Catalonian commercial presence in order to complete its acquisition of slot machine and arcade hall operator Giga Games. CNMC has ordered CIRSA governance to dispose of two of its Barcelona bingo halls, whilst further demanding that the Blackstone owned gambling group ‘terminate …

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Swedish FA clashes with Spelinspektionen over match fixing inaction

The Swedish Football Association (SvFF) has hit back at the country’s gambling regulatory body Spelinspektionen for not prohibiting licensed operators from offering betting on a domestic football club competition – despite its warning of some suspected match-fixing. Last month, the SvFF revealed that it had received reports of match-fixing within Division 2 Södra Svealand, advising the Spelinspektionen to implement a complete ban on …

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Codere ‘advisory appointment’ rustles political feathers

Bolsa Madrid gambling firm Grupo Codere SA has caused controversy with its appointment of former Spanish Justice Minister Rafael Catala as a corporate advisor. Codere has stated to Spanish media that Catala a figurehead of Spain’s Partido Popular (Conservative Party) and former board member of the company between 2005-2011, will act as a ‘legal and regulatory advisor, with no executive …

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Global profile helps IGT override Italian gaming taxes

Publishing its latest Q2 2019 trading update (period ending 30 June), New York-listed gambling technology group International Game Technology Plc (IGT) reports a strong quarter driven by significant growth in ‘global gaming product sales’. IGT records group ‘consolidated revenues’ of $1.23 billion up 3% on corresponding Q2 2018’s $1.2 billion, as the company sustains its in-store lottery momentum, offsetting new …

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Ladbrokes goes ‘paperless’ with Racing Post Digital Betting Shop Display

Ladbrokes has confirmed that it will become the first high street bookmaker to go ‘paperless’ in its shops after launching a Racing Post Digital Betting Shop Display in two retail shops in Dublin and Galway.  The launch coincided with the Galway Summer Festival, and will offer punters an interactive digital format of the odds and information of the runners and …

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Voluntary whistle-to-whistle ban comes into force

The industry-wide voluntary ‘whistle-to-whistle’ advertising ban is due to come into force today (1 August 2019), which will see bookmakers ban all TV betting adverts during pre-watershed live sport broadcasts. The self-enforced ban, will not be applicable to horseracing and greyhound racing coverage, was suggested by the Industry Group for Responsible Gambling (IGRG) after it received public and political criticism …

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Kambi strikes Penn National multi-state agreement

Kambi Group has significantly advanced its US profile by securing a ‘multi-state sportsbook services agreement’ with Penn National Gaming. Updating investors, Kambi details that it will become the lead sports betting systems and software supplier to Penn National, ‘North America’s largest regional gaming operator’, servicing both its on-property and digital disciplines. Nasdaq-listed Penn National operates more than 40 gaming facilities …

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