Retail

SIS appoints Bissett as operations manager

Greyhound racing operator SIS, has announced the appointment of Gordon Bissett as Operations Manager. The former Ladbrokes Stadia Operations Controller will take over SIS greyhound race course duties in the new year, having most recently consulted for Racing Post Greyhound TV and Bookmakers Greyhound Services Limited (BAGS). Bissett who has over 30 years’ experience in racing and betting, will also …

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Gala Coral sells 47 UK bingo clubs to M&G Investments

Gala Coral has sold 47 of its UK bingo properties to Investment and equity management firm M&G Investments in a deal valued at £173 million. The deal will see M&G takeover 40% of Gala Corals 127 UK bingo sites, with 36 of the clubs being freehold properties. The acquired property portfolio from Gala Coral will further see M&G gain 12 …

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Tony Fung acquires discounted Canberra casino

Hong Kong billionaire Tony Fung is set acquire Canberra’s ailing casino from Casino Austria International for AUS $ 6 million (£3.10 million). Australian Capital Territory (ACT) Racing and Gaming Minister Joy Burch approved the sale to Fung’s investment enterprise Aquis after reviewing redevelopment plans put forward by the Billionaire. Australian news sources report that Fung and his Justin negotiated the …

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NSW government lifts betting restrictions to aid consumer rights

The New South Wales Government (NSW) and Racing NSW are set to introduce regulatory changes to ensure that racing operators cannot refuse reasonable sized bets placed by punters. The changes will force operators to pay a minimum AUS $2000 win bet at Sydney Metropolitan race tracks and AUS $1000 win bet at NSW Provincial tracks. NSW Racing had responded to …

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Spain gripped by ‘El Gordo’ fever

The Spanish Christmas national lottery, known as ‘El Gordo’ will be drawn today, as millions of Spaniards await to see where the jackpot numbers fall. Spain’s ‘El Gordo’ lottery, which translates as ‘The Fat One’ will see €2.2 billion (£1.7 billion) in total prize money awarded amongst thousands of shared lottery tickets. Unlike traditional lotteries, where consumers choose their selected …

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Rank Group names Martin Pugh as Mecca Bingo MD

Rank Group has announced the appointment of Martin Pugh as Managing Director of Mecca Bingo, the UK operator’s bingo business division. The former Camelot UK Managing Director, will be tasked with leading Rank Group’s new bingo strategy across its 93 retail clubs, as well as looking for new opportunities to open three new Mecca Bingo locations. Rank Group have restructured …

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Churchill Downs announces board resignation of Leonard S. Coleman, Jr

Churchill Downs Incorporated   announced that Leonard S. Coleman, Jr., has resigned from the Company’s Board of Directors effective December 17, 2014. Mr. Coleman, who also serves on Electronic Arts Inc.’s Board of Directors, has elected to resign from CDI’s Board of Directors to avoid any appearance of a potential conflict of competitive interest following CDI’s acquisition of Big Fish …

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IOA Group invests in new central office

The IOA Group, which is the UK’s largest independent machine operator, has opened a new Central Office situated in the Worcestershire town of Stourport-on-Severn. The office, which opened at the beginning of December, will serve as the nerve centre of the IOA’s nationwide operations team and will be headed by the organisation’s experienced National Account Manager, Nik Novak. Explaining the role …

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Canada sports betting ruling poses further threat to US Pro Leagues

While US sports betting’s 2014 agenda has been dominated primarily by New Jersey states attempt to approve sports wagering within legalised gambling premises (casino and race tracks). US concerns on sports betting, may soon shift cross border to Canada where authorities and media have begun to debate the legalisation of sports betting. Next January the Canadian Senate will review Bill …

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Ichan strikes union deal to save Trump Taj Mahal

Billionaire investor Carl Ichan has brokered a last minute deal with Trump Entertainment Resorts workforce union representatives to save the closure of the Trump Taj Mahal, Atlantic City’s second biggest casino. Ichan Enterprise currently owns $292 million of Trump Entertainment debt, the firm stated that it would take over the casino operations and inject operating capital if the New Jersey …

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