Retail

Churchill Downs appoints Mike Ziegler as Director of Racing

US racing operator Churchill Downs has announced the appointment of Mike Ziegler as its new Director of Racing. Ziegler will assume full responsibility of the senior management role on 26 January reporting to Bill Mudd the operator’s Chief Financial Officer. Ziegler will take on responsibility of the performance and business strategy of Churchill Downs US racing operations, he will further …

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Caesars places casino operating unit under Chapter 11 bankruptcy protection

  Caesars Entertainment Corp has filed for Chapter 11 bankruptcy protection in Chicago this Thursday as the operator looks to cut creditor debt for its Caesars Entertainment Operating CO division which operates Caesars’ 50 casino and leisure properties worldwide. US news reports have stated that the gambling operator seeks to reduce its debt from $18.4 billion to $8.6 billion. The casino operator …

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Sisal partners with GameArt studios for new VLT games

Sisal Group S.p.A, the Italian gaming and payment services group, have chosen international game-design studio GameART for the production of new slot games for the Italian Video Lottery Terminal (VLT) Comma 6b market. The five year contract provides for multiple slot titles to be developed on an exclusive basis for Sisal’s INGG VLT platform. GameART is a developer of slot games …

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Sportradar secures integrity partnership with Lega Serie B

Italy’s second division, Lega Serie B, signed an agreement with Sportradar Security Services, under which the betting fraud prevention specialists will provide both education workshops and e-learning packages to all 22 club teams for this season and the next two. Under the terms of the agreement, the workshop and e-learning modules will be provided to the senior team and youth …

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Irish Racing sees growth in 2014

2014 was another successful year for the Irish bloodstock industry, with sales of €147.4 million representing double-digit growth for the fourth year in a row, according to Horse Racing Ireland’s (HRI) annual statistics. Industry highlights: Tote Ireland posted increases for the fourth consecutive year Racecourse attendances grew by 4% for the second year in succession. Commercial sponsorship, a key marker …

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Atlantic City loses half its gambling revenues since 2006

Figures published by the New Jersey Division of Gaming Enforcement have shown that Atlantic City has lost nearly half its casino revenue over the past eight years. The dramatic decline has seen Atlantic City net revenues drop from $5.2 billion in 2006 to $2.74 billion in 2014, as a poor US economy combined with competition from nearby states has impacted …

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Latvia drives Olympic Entertainment Group performance

Eastern European gambling and sports betting operator Olympic Entertainment Group (OEG) has reported full year 2014 net revenues of €141 million (£109 million) up 3.8% on the €136 million (£105 million) posted for 2013. The gambling operator cited that its positive performance had been driven by expansion into new markets as OEG saw a 21% €43.9 million net revenue lift …

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William Hill terminates Lincoln Handicap sponsorship

William Hill has announced that it will no longer sponsor the Lincoln Handicap, as the operator looks to cut on marketing spend due to the introduction of new gambling taxes on its business. The decision to terminate its sponsorship of the race, ends of UK racings longest sponsorship agreements (William Hill had sponsored the event since 1990). The operator stated …

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AGA announces six new board members

The American Gaming Association (AGA) has announced the addition of six board members and three general members as a part of a new membership structure approved by the AGA Board of Directors in late 2014.  The AGA is seeking to unify the gaming industry and is doing so through a policy of inclusivity and transparency. The new organizational structure and …

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Derby independent bookmaker fears for business ahead of new taxes

Keith Tomlin who has operated Derbyshire independent bookmakers Keith Tomlin Racing for over 50 years, fears that new UK taxes on bookmakers may force him to shut down his business.Speaking to the Derby Telegraph, Tomlin stressed that April’s scheduled 25% duty increase on gambling machines may terminate all UK independent bookmakers. Tomlin who operates three betting shops in Stenson, Chellaston …

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