Retail

Nasdaq float sees Newgioco begin its new US-Italian identity

Ringing the opening bell of New York’s Nasdaq Exchange on Tuesday 14 January, Newgioco Group Chairman and CEO Michele Ciavarella stated that the sports betting group had begun its new life as a fully established Italian-American enterprise. The New York listing sees Ciavarella complete a two-year project transforming Newgioco’s business lines and restructuring the firm’s executive team, targeting rapid growth as …

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Liam Johnson named Executive Director for Bath Racecourse

Goodwood - Copyright: nadak2 / 123RF Stock Photo

Arena Racing Company (ARC) has continued to strengthen its leadership team after naming Liam Johnson as the new Executive Director for Bath Racecourse. Prior to his new role, Johnson has worked at the Sports and Leisure Group in an operations management capacity as well as at Nottingham Forest Football Club. He will start work at Bath Racecourse on Tuesday 14 …

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32Red brands reports of educational data breach as “untrue and unfounded”

Kindred Group subsidiary 32Red has responded to allegations of ‘breached data’ from the ‘Learning Records Service’ educational index, dismissing the Sunday Times report as ‘untrue and unfounded’. The Sunday Times reported that the alleged data breaches related to third-party access to the Learning Records Service by GB Group, which had previously secured an agreement with employment screening firm Trust Systems …

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Mark Spincer named ARC racing division MD

Arena Racing Company (ARC) has strengthened its leadership team after confirming that Mark Spincer will take up the position of Managing Director of the company’s Racing Division. Under his new role, which is effective immediately, Spincer will take responsibility for ARC’s sixteen racecourse sites and four greyhound stadia. Mark Spincer commented on his new role: “We have tremendous teams working …

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UKGC forms three groups to address safer gambling standards

The UK Gambling Commission (UKGC) has confirmed that it will create three new focus groups to help facilitate the implementation of safer gambling standards. Led by senior leaders in the gambling industry, the three collaboration groups will focus on game and product design, advertising technology and high value customer incentives to gamble. The initiative, which is said to be the …

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Nick Bannister named as new chairman of Haydock Racecourse

The Jockey Club has named Nick Bannister as the new chairman of Haydock Racecourse, beginning his new role tomorrow. Bannister, a previous Cheltenham Festival-winning owner, will take over the position of Haydock Racecourse Chairman from Lord Daresbury, who has held the position since 2015. He said: “I am delighted and honoured to be taking over the chairmanship of Haydock from …

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‘More needs to be done’ to future-proof the regulation of football betting, says Tracey Crouch

Former Minister for Sport and Civil Society (DCMS), Tracey Crouch, has weighed in on the recent debate surrounding the streaming rights for FA Cup games, arguing that Parliament has a duty to implement future-proof regulation while also ‘allowing those who gamble responsibly the freedom to continue’. The Conservative MP expressed her opinion in Parliament’s magazine The House, addressing the ‘cross-party …

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Rada approves SoP’s redrafted bill but heavy licensing fees remain on Ukraine’s gambling agenda

Following two day-long sessions of assessment, Ukraine’s Verkhovna Rada completes its review of the eight draft bills propositioning the nation’s new gambling framework. A vote carried on Thursday 16 December saw 260 MPs back the amendments of Bill 2285-D following its second Rada reading. Bill 2285 was the original draft law favoured by the ruling ‘Servant of the People’ (SoP) …

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Betfred extends Playtech SSBT partnership

Omni-channel sports betting solutions provider Playtech BGT Sports (PBS) has agreed to continue supplying its self-service betting terminals (SSBTs) to Betfred after the duo extended their long-term partnership. The contract, which now runs until the end of December 2021, will continue to cover the operator’s high street shops throughout the UK. Mark Stebbings, Group Chief Operating Officer at Betfred Group …

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Transformation directives see Rank confident of beating year expectations

Issuing a corporate filing, the governance of LSE-listed gambling group Rank Plc has this morning disclosed that ‘further positive trading’ will see the company deliver underlying operating profits ahead of market expectations. Updating investors, Rank governance underlines significant progress in its ‘corporate transformation programme’ which has underpinned growth within its Digital, Grosvenor and International units. Based on current trading trends, …

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