Retail

FTSE-listed gambling group GVC Holdings has announced that its proprietary US sports betting platform operated by Stadium Technology Group (“Stadium”) will power the first single-game wagers accepted within the state of Delaware. Delaware is set to become the first US state to launch single-game sports betting provisions, which will be permitted within the state’s three licensed casinos – Delaware Park, …

Vermantia is strengthening its presence in Africa, and the nation of Nigeria in particular, via an expansion of racing partnerships with growing operator Fortune Bets. Fortune Bets, headquartered in the Nigerian city of Ibadan in the Oyo State, is to receive the Ultimate Live Greyhound Channel, which is being offered with a daily schedule of more than 40,000 live greyhound …

The American Gaming Association (AGA) has confirmed that current Chief Executive Geoff Freeman will not renew his tenure as leader of the US industry trade body. Freeman who has led the AGA since 2013, is reported to be taking an executive role at America’s Grocery Manufacturers Association (GMA). The announcement marks the conclusion of a five-year tenure for Freeman, who …

Increased income from sponsorship has been cited as a key reason for Royal Ascot racecourse reporting another year of financial growth in 2017. The racecourse saw pre-tax profits rise from £5.1m to £6.2m, with it reporting strong performance from admission and fine dining at the course, as well as it reaping the benefits of various Official Supplier agreements such as …

Sweden’s Cultural Affairs Committee has detailed its support for the legislation to revamp the national gambling framework, introducing the new ‘Swedish Gambling Act’ replacing the 1994 Lottery Act and the Casino Act of 1999. The committee has recommended no changes to the legislation, which will now be forwarded for a final debate and voting by Parliament set for Thursday 7 …

UK bingo hall operator, Gala Leisure has turned to an old hand in John Kelly to serve as non-Executive Chairman Kelly the founder of Gala Coral’s bingo and betting enterprise has most recently served as Chairman of Ladbrokes Coral Plc, prior to its 2018 takeover by GVC Holdings. A UK leisure and gambling figurehead, Kelly will be a key stakeholder …

The tables have turned yet again for all Italian betting stakeholders, as the coalition of Lega and Five Star Movement, have been sworn in as Italy’s new government. On Friday new Italian Prime Minister Giuseppe Conte convinced Italy’s constitutional President Sergio Mattarella, to accept a Lega-5 Star government, having restructured the populist coalition’s executive cabinet and finance ministry. Conte will now lead …

Subject to certain conditions, The British Horseracing Authority (BHA) Board has confirmed it has approved Chelmsford City Racecourse’s application to install a turf course for flat racing. The deal comes after the original plans had been shelved, when the BHA’s March meeting concluded in an application from Chelmsford City Racecourse not being approved. However, the Board of the BHA later …

Mark Bird the MD of the Greyhound Board of Great Britain (GBGB) has penned an open letter to Paul Darling, Chairman of the Association of British Bookmakers (ABB) and Clive Hawkswood, leader of the Remote Gambling Association (RGA), urging the industry figureheads to support further funding measures for sustaining UK greyhound racing. Bird states that greyhound racing faces a funding …

Presenting its final trading update as an independent enterprise, Spanish gambling operator Grupo Cirsa SA reports progress on its home and LATAM expansion projects, despite its corporate performance being hindered by severe LATAM currency impacts. Reporting strong growth across its Spanish home market properties (Spanish EBIT up 10%), Cirsa reports combined group revenues of €4.17 billion. Nevertheless, Spanish growth could …