Retail

UKGC hits Star Sports with £594,000 sanction for responsibility failings

SBC News UKGC hits Star Sports with £594,000 sanction for responsibility failings

The UK Gambling Commission (UKGC) has penalised Star Racing Limited, the operating company of the Star Sports betting brand, £594,000 for anti-money laundering (AML) and social responsibility failings.  This morning, the Commission notified that it has summoned an official warning on Star Racing, which will have further conditions applied to its licence operating Star Sports in the UK. The filing …

Read More »

Bacta stands by positive outcome of 50/50 machine ratio

SBC News Bacta stands by positive outcome of 50/50 machine ratio

Bacta, the trade association for the UK’s amusement and gaming machine industry, has countered concerns about the “potential proliferation of gaming machines on the high street” due to the ‘50/50 machine ratio’ proposed by the Gambling Review’s White Paper.  Responding to the government’s White Paper on Gambling Reforms, Bacta has unveiled new research that details the positive consumer and environmental …

Read More »

IGT informs of sudden passing of Global Lotteries CEO Fabio Cairoli  

SBC News IGT informs of sudden passing of Global Lotteries CEO Fabio Cairoli  

The board of IGT Plc has informed the media and stakeholders of the sudden passing of Fabio Cairoli, Chief Executive of the firm’s Global Lottery unit.  A figurehead in the global lottery industry, Cairoli’s passing has profoundly impacted both his colleagues and competitors in the field.  The CEO of IGT PLC’s Global Lottery division, Cairoli was recognised for his passion, …

Read More »

Betfred provides positive UK outlook following stable 2022

SBC News Betfred provides positive UK outlook following stable 2022

Betfred has affirmed its commitment to continue reviewing its portfolio of over 1,400 retail betting outlets as it maintains a steady recovery post-COVID. The company’s 2021/2022 accounts reveal a four-fold increase in corporate profits, leaping from £5m to £20m. This surge is largely attributed to the unrestricted reopening of its high street betting shops following 2021’s lockdown restrictions. This return …

Read More »

Sky Bet and York Racecourse pledge £20k for regional charity

Sky Bet York Racecourse

Sky Bet has enhanced its social responsibility profile via a partnership with York Racecourse, centred on financially supporting charities across Yorkshire. The Flutter Entertainment betting brand will donate £20,000 generated from bets placed at the Sky Bet Ebor Festival to one of 22 Yorkshire-based charities, foundations and community groups. A shortlist of organisations has been written up as contenders for …

Read More »

BHA launches new Careers Development Programme at Newmarket 

SBC News BHA launches new Careers Development Programme at Newmarket 

The British Horseracing Authority (BHA) has launched its new Horseracing Career Development Programme at Newmarket Racecourse in Suffolk. The programme will be led by the British Racing School for a period of two weeks and will provide guidance to 17 students seeking to forge a career in racing, who will be “immersed in all aspects of the industry”. Students will …

Read More »

Ladbrokes and PMU deal criticised by Belgian competition watchdog

Ladbrokes and PMU deal criticised by Belgian competition watchdog

The Belgian Competition Authority (BCA) has objected to a horse racing betting distribution agreement between Ladbrokes and Pari-Mutuel Urbain (PMU). Particular criticism was levied at the potential for the deal between the UK and French companies to limit the operator’s competition with one another in Belgium, breaching local and EU anti-competitive laws. Ladbrokes is founded and headquartered in London and …

Read More »

Fitzdares Arms opens its doors at Royal Windsor Racecourse

Fitzdares Arms opens its doors at Royal Windsor Racecourse

Fitzdares has upped the ante on its on-track betting operations, opening ‘The Fitzdares Arms’ pub at Royal Windsor Racecourse this week. The pub is open to Fitzdares members and racegoers on 3 July, enhancing the members experience with a traditional focus on racecourse wagering and hospitality. Based in West London, Fitzdares operates with a ‘strong focus on customer  relationships’ via a …

Read More »

Bacta to make land-based gaming case to Parliament

Bacta to make land-based gaming case to Parliament

UK amusements and high-street gaming trade body Bacta is due to provide evidence to a cross-party group of MPs this month, discussing the Gambling Act review. The association’s Chief Executive, John White, will outline the interests of the British land-based gambling sector to members of the Culture, Media and Sport Committee on 11 July. Unveiled in April, the Gambling Act …

Read More »