Retail

Moreno Marasco, the President of Italian online betting/gambling trade body LOGiCO has penned an open letter to industry leadership urging for ‘self-discipline during Italy’s transitional advertising period’. Though all Italian betting stakeholders, face tough adjustments to meet the demands of the incoming (1 January 2019) Lega-5Star ‘Dignity Decree’ banning all forms of gambling advertising, LOGiCO pleads for restraint and responsibility. …

The British Horseracing Authority (BHA) has announced that advertising on British racecourses will join other major sports by featuring digital LED (light-emitting diode) displays on the landing side of fences. The move to expand the sport’s sponsorship opportunities comes following a consultation with the courses, the Racecourse Association (RCA) and participants including trainers and jockeys – as well as trials …

German industry trade body Der Deutsche Sportwettenverband (DSWV) has expanded its membership, welcoming FTSE250 Playtech Plc and Stockholm-listed Kindred Group to its ranks. Updating stakeholders, DSWV governance details that as a trade body it now represents over 90% of the active German sports betting market. DSWV increases its representation of sports betting technology provisions, with Playtech group as a new …

Mexican media and entertainment group Televisa has confirmed that its seeks to sell its entire gambling portfolio, operating under the ‘Play City Casino’ and ‘Play City Apuestas’ brands. Televisa currently operates a total of 17 Play City casino/betting establishments across Mexico, having been one of the few companies granted a land-based gambling license by the Vicente Fox government in 2005. …

As anticipated Italy’s parliament has approved the mandate of the Lega-5Star ‘Dignity Decree’ which will lead to a blanket ban on betting/gambling advertising, marketing and sponsorship across all verticals. Approving the mandate, the Italian government stated that it fully supported the stringent directives which seek to reduce social harms created by the Italian gambling sector. Lega and 5Star officials have …

The UK Gambling Commission (UKGC) has sanctioned new research exploring ‘whether some gambling products and environments are more harmful than others’. The study into gambling products and environments will be supervised by the Responsible Gambling Strategy Board (RGSB) and commissioned by industry charity GambleAware. The UKGC will seek to gather consumer information and data from industry stakeholders, focusing on understanding product …

Business news source, ‘The Australian’ reports that Elmer Funke Kupper will no longer serve as a Tabcorp Holdings’ Director, detailing that the executive will depart the company in October. Funke Kupper was the former Managing Director & Chief Executive of Tabcorp Holdings from 2007-2011. In 2011, Funke Kupper left the Australian gambling group to take up leadership of the Australian Securities …

Publishing its 2017/18 (period ending 30 June) annual results, a new look Tabcorp Holdings demonstrates its enlarged capacity, recovering from its 2016/17 woes. The ASX-listed gambling group points towards a new direction as it incorporates the lottery and betting assets of Tatts Group, forming Australia’s biggest gambling enterprise (deal concluded December 2017). A significantly enlarged Tabcorp records 2017/18 group revenues …