Retail

Ladbrokes Coral aims to close gender pay gap

SBC News Ladbrokes Coral aims to close gender pay gap

The governance of FTSE-listed bookmaker Ladbrokes Coral Plc has stated that it will work to close its gender pay gap, following the publication of corporate statistics by the UK government. Under the requirements of ‘The 2010 Equality Act’, UK companies with more than 250 staff have to disclose yearly gender pay employee data. Ladbrokes Coral, the UK’s biggest retail betting …

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Up for the cup: Ladbrokes agrees one game partnership with Fleetwood

SBC News Up for the cup: Ladbrokes agrees one game partnership with Fleetwood

Fleetwood Town announces one game betting partnership with Ladbrokes for the return of Jamie Vardy in the FA Cup 3rd round tie at Highbury on Saturday. The League one club has announced it’s delight to welcome in a one-match deal that will see Ladbrokes, the fastest growing multi-channel betting and gaming brand in the UK, become the team’s official sleeve …

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Positive Year 1 results vindicate ITV’s racing gamble

SBC News Positive Year 1 results vindicate ITV's racing gamble

UK terrestrial TV broadcaster ITV is pleased by its first year of coverage of UK racing, detailing to The Times that it ‘feels vindicated’ by its decision to invest in the sport. In January 2016, ITV secured the rights to broadcast Racecourse Media Group (RMG) syndicated content, replacing Channel 4 Racing as the lead domestic TV broadcaster for racing. Setting …

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Israel government settles GBI Racing contract termination

SBC News Israel government settles GBI Racing contract termination

Having implemented a federal ban on horseracing wagering, the government of Israel has settled its dispute with UK and Ireland racing content distributor GBI Racing. GBI Racing, the joint venture of broadcasters’ Racing UK and At The Races, will gain a compensation of 23 million Shekels (£4.9 million) for the termination of the contract with Israel Sports Betting Board (ISBB), …

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Fortuna Entertainment receives Fortbet takeover offer

SBC News Fortuna Entertainment receives Fortbet takeover offer

Fortuna Entertainment Group has announced that it has reached an agreement with Fortbet Holdings Limited, its majority shareholder, in relation to a takeover bid for the company. Fortbet, a subsidiary of the Central European investment group Penta Investments, currently owns a little under 80% of the firm, but is now bidding for full control after raising its stake from 68% …

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Rearranged Coral Welsh Grand National looks set to go ahead on Saturday

SBC News Rearranged Coral Welsh Grand National looks set to go ahead on Saturday

It’s looking increasingly likely that the previously rearranged Coral Welsh Grand National will be staged at Chepstow on Saturday, so long as the rainfall that originally scuppered the race from taking place isn’t replicated this week. The only other time that the Welsh National was moved to a Saturday was in 2015, a postponement that subsequently led to a dramatic …

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Sicilian racecourse closes after mafia race fixing discovery

Copyright: marcopa82 / 123RF Stock Photo

All horse races have been suspended at the Hipódromo Argentino de Palermo race track in Sicily, after police investigating mafia activity discovered evidence of illegal gambling and organised crime bosses rigging races. Italian police made 25 arrests linked to the mafia clans of Resuttana-San Lorenzo last month, with the extent of mafia involvement in Sicilian racing emerging shortly after. Since …

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Indiana latest state to consider legalising sports betting, despite being home of NCAA

Copyright: iqoncept / 123RF Stock Photo

A Republican representative from Indiana is the latest official to come out in favour of legalising sports betting in his home state, subject to a successful challenge by New Jersey in its ongoing US Supreme Court battle. State Representative Alan Morrison, who resides in the city of Terre Haute near Indiana’s western border with Illinois, told a local newspaper that …

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Betfred signs deal to rollout award winning OPTIMA platform

Betfred

Sports betting and gaming solutions provider OPTIMA has capped a pre-Christmas double by signing a deal to supply the Betfred Group with its Multi-Channel Gaming Suite platform. The multi-year deal, which extends to the ongoing development and support for Betfred’s online, retail and call center businesses, will see the rollout of the OPTIMAMGS™ platform and Serverless v2 retail product for …

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