Retail

Independent bookmakers in the United Kingdom have made a written appeal to Prime Minister Theresa May, imploring the disregarding of a proposed £2 Fixed Odds Betting Terminal (FOBT) maximum stake. Ahead of government judgement on proposed wagering reduction, various representatives issued a reminder and agreement with May when she stated “From dynamic start-ups to established family firms, our small and …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: 2017 Participation statistics – profound structural change continues The latest Gambling Commission Participation Data demonstrates a GB sector continuing to evolve along relatively established lines. There are few …

FTSE100 betting group Ladbrokes Coral Plc may seek to significantly reduce its £8 million sports sponsorship budget, should the UK government drastically reduce FOBTs wagering levels through its pending industry review judgement. Operating as the UK bookmaker with the most exposure to FOBTs revenues, Ladbrokes Coral governance eagerly awaits the government’s judgement on machine wagering reductions, which is anticipated to …

Australia ASX-listed gambling group Tabcorp Holdings, has published the final trading statement of Tatts Group Limited, as the companies move to combine their operations in 2018. Publishing H1 2018 results (period ending 31 December), Tatts reports a 19% increase in period revenues generated from ordinary activities of AUS $ 1.37  billion. Tatts revenue uplift was primarily driven by its lottery …

Online betting exchange Matchbook (Matchbook.com) has further supported its ongoing 0% commission on racing wagers campaign, by announcing Joseph O’Brien and Bryony Frost as new brand ambassadors. In time for Cheltenham 2018, Matchbook marketing details that it has signed two of racing’s fast-rising stars, who will match the betting firm’s ‘ambitious trajectory’. Bryony Frost, 22, has been a revelation in her …

Spanish gambling group R. Franco has confirmed the promotion of Miguel Ángel Lázaro to Group Managing Director of digital services. Ángel Lázaro will be tasked with leading the R. Franco Digital division, overseeing the delivery of terminals, systems, projects and solutions for R. Franco partners. The senior appointment sees Ángel Lázaro replace Alejandro Casanova as R. France Digital leader, who …

A refinanced Scientific Games Corporation (SGC) has published its 2017 full-year results (period ending 31 December), detailing solid growth across its assets and performance KPIs. The Nasdaq-listed industry technology group details that in 2017, it was able to strengthen its global commercial pipeline, developing a ‘richer revenue mix’ for its operations. Updating investors, SGC details that group revenues increased 7% …

Poland’s national lottery operator Totalizator Sportowy has selected Playtech Plc as the lead systems supplier for its online casino platform and games portfolio. The FTSE250 industry technology firm won the exclusive contract following a competitive tender process by Totalizator Sportowy governance. Moving forward, Playtech will integrate its complete online casino platform and games suite, with the technology further providing digital …

This week’s announcement that The Arena Racing Company (“ARC”) will fully equip all of its 15 racecourses with WiFi by the end of summer 2018, has been met with a negative response from Fair-Bet Bookmakers. The WiFi, which will be powered by Sky WiFi can be used by everyone from customers in the grandstands, paddocks, bars and restaurants, through to …

Spanish gambling operator Grupo Codere has published its 2017 full-year results, reporting metric growth across its group assets and KPIs. The refinanced Spanish legacy gambling operator, reports a 6% increase in corporate revenues to €1.6 billion (FY 2016: €1.55 billion). Operating under its restructured corporate recovery plan, Codere reports a 2017 group EBITDA of €246 million, up 26% on corresponding …