Retail

GVC reprices and relocates its corporate debt holdings

Issuing a corporate filing, the governance of FTSE250 GVC Holdings Plc has today disclosed that it has sanctioned the repricing and reallocation of its existing $786 million (€720m) first-lien term corporate debt bond. Updating investors, GVC details that it has undertaken the transaction to ‘simplify its corporate debt structure’, which will see the debt-bond placement transferred to its wholly-owned GVC …

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New look OPAP bolsters its executive management team

Athens-listed Greek gambling group OPAP SA has announced a series of executive C-level appointments to strengthen its commercial development and leadership capacities. Long-term executive Jan Karas has been promoted to the leadership position of Group Chief Commercial Officer (CCO) having previously served as Chief Operations Officer of OPAP’s retail division. Karas retail responsibilities have been transferred to OPAP Group Chief Operations Officer …

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French ANJ unified gambling authority inbound for spring 2020

Isabelle Falque-Pierrotin, State Councillor for France’s ‘National Commission for Data Protections’, has announced that her department will soon unveil its new government structure managing regulatory oversight of French gambling. Regarded as France’s leading civil servant on digital enterprise and consumer ethics, last October the En Marche government appointed Falque-Pierrotin to spearhead the development of L’autorité Nationale des Jeux (ANJ) – French …

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Cejuego seeks advertising parity for Spanish gambling

Spanish land-based gambling trade association Cejuego has called for advertising regulatory equivalence to be sanctioned federally across all gambling verticals. Writing a letter to its members, Cejuego President Alejandro Landaluce maintained that the trade body supported the planned drastic changes to Spain’s federal advertising code governing gambling content. However, Cejuego governance maintains that new industry advertising standards must encompass the marketing …

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StopSpillet received 722 calls during 2019

Danish regulator Spillemyndigheden has released figures from the first year of its StopSpillet initiative, which revealed that the helpline had received 722 calls since last year. According to the regulator, the number of calls are ‘more than expected’ and confirms ‘that there is a great need for a national helpline providing advice and counselling about responsible gambling.’ “We can see …

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EPL CEO says betting shirt sponsorships will continue

Premier League’s new chief executive Richard Masters has insisted that the league will resist changes that would prevent betting companies from sponsoring football shirts, as reported by the Guardian. The relationship between sporting organisations and the gambling industry has been a major topic of conversation over the last few years, as an increasing number of sports teams are inking sponsorship …

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SIS secures media rights deal with Jockey Club of Saudi Arabia

Racing content and data services provider Sports Information Services (SIS) has secured a new partnership with the Jockey Club of Saudi Arabia which will provide SIS with the rights to distribute live pictures and data from the Saudi Cup. Under the terms of the agreement, SIS will be authorised to broadcast the full two days of horse racing at the …

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IGT appoints ‘trusted hand’ Fabio Celadon as M&A lead

The governance of New York listed gambling technology group IGT Plc has confirmed the promotion of Fabio Celadon to the position of Executive Vice President of Strategy and Corporate Development. An IGT executive since 2006, Celadon takes charge of IGT corporate development strategy having formerly served as Senior Vice President of Gaming Portfolio (2017-2019). Celadon’s executive tenure at IGT has also …

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Colombian Gambling tax efficiencies back Coljuegos market strategy

Publishing its 2019 statement, Colombia’s national gambling regulator Coljuegos has revealed that industry tax revenues totalled COL$ 680 million (€185,000), with funds set to be distributed to Colombia’s national health services. The Colombian regulator’s 2019 figure represents a 16% increase on the COL$574 million (€151,000) of gambling tax revenues collected during 2018. A breakdown of figures saw ‘local’ gambling halls …

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Southwell to mark International Women’s Day with all-female race card

Southwell Racecourse has confirmed that it will be marking International Women’s Day with an all-female racecard on Sunday 8 March. The decision comes after a record-breaking year for women in racing, and will be run in conjunction with the sport’s Diversity in Racing Steering Group, the BHA, Women in Racing and Great British Racing. Tallulah Lewis, Chair of Women in …

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