Retail

All the news from the retail betting sector

Heavy Load! Ladbrokes posts £37 million in losses for 2015

Increased costs combined with the extra burden of betting taxes have seen Ladbrokes Plc post full-year 2015 (period ending 31 December 2015) group losses of £43 million, detailing a corporate decline from 2014’s profits of £37.7 million. Outlining 2015 impacts, Ladbrokes governance detailed that the company had paid circa £50 million in taxes due to increased duties on machine gaming …

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Former Sportech director hopes to buy The Football Pools

A former director of Walton-based Sportech is hoping to buy the firm’s football pools arm in a deal that could be worth around £100m. As reported in the Liverpool Echo, Sportech’s former chief operating officer Ian Hogg is one of several potential bidders for the group’s subsidiary, known as The Football Pools. He was at Sportech for four years until he …

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R.Franco furthers omni-channel capabilities with Mediatech Solutions investment

Spanish gambling operator Grupo R.Franco (R.Franco) has confirmed that it has made a substantial investment in independent online gambling platform provider Mediatech Solutions. R.Franco governance stated that its strategic investment in Mediatech Solutions, represented the company’s goal of creating a “new omni-channel giant”. The companies’ had prior working relationship, as Mediatech Solutions had delivered R.Franco its Spanish online gambling/betting platform, …

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Will Sepp show up? FIFA presidential race nears conclusion

Sepp Blatter may have been banned from football for eight years but William Hill isn’t too sure this’ll stop him from turning up at the FIFA congress this week. Sepp Blatter, who has endlessly protested his innocence in the ongoing corruption investigation which scandalized the football federation last year, continues to be in the news as he appeals his personal …

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BetVictor joins UK Racing’s ABP Scheme

The British Horseracing Authority (BHA) has confirmed that independent  bookmaker BetVictor has become the latest betting operator to join its Authorised Betting Partner (ABP) scheme. BetVictor governance has agreed to a three-year deal, which will see the company make a voluntary contribution to the sport on trading profits from its UK racing markets. As a new ABP member, BetVictor will …

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Gambling-related harm targeted in ground-breaking study

Two local authorities are the first in the UK to map people at risk of gambling-related harm in their communities. This comes before a change to regulations on April 6th, which will require all gambling premises to prepare a local area risk assessment. Westminster City Council and Manchester City Council teamed up with Geofutures to produce the report. The two local …

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Ryanair replaces Ladbrokes as Cheltenham Festival World Hurdle sponsor

After a decade of sponsorship it has been announced that Ladbrokes will be replaced as the sponsors of the World Hurdle at next month’s Cheltenham Festival. Ryanair has been announced as the replacement sponsor, the airline is already a backer of the Grade One race on day three of the Festival. The Authorised Betting Partner scheme was introduced by racing in November …

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Camelot Global replaces IGT as digital services provider

Swiss lottery operator Loterie Romande has entered into a supplier partnership with Camelot Global (Camelot UK subsidiary) which will see the lottery services provider redevelop the online gaming platform for www.loro.ch. The new partnership, will see Loterie Romande, the licensed lottery operator for French-speaking Switzerland drop its long term IGT-powered Loro.ch games platform with Camelot Global acting as its main …

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New Jersey’s bid to legalise sports betting continues

On Wednesday a court of twelve judges heard the case of whether New Jersey’s plan to introduce sportsbooks to its casinos and racetracks is legal under federal law.  The potential market in the USA is huge, as evidenced by the case of Nevada. Sports betting is legal there and $4.2bn (£2.9bn) was taken in wagering last year. Unsurprisingly many states are …

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Tennis caught in majority of suspicious betting patterns

Khalid Ali, IBIA CEO

During the final quarter of 2015, ESSA’s alert system identified 35 sporting events that were reported to the relevant regulatory body as being suspicious, with 24 (69%) of the cases from Tennis and 8 (23%) from Football events. The role of ESSA is to provide an early warning system with the specific aim of detecting and deterring the corruption of …

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