Retail

Football favourites impact William Hill profits

Two weekends of winning favourites on the football has severely impacted William Hill’s Q1 figures, with the bookmaker announcing a 14% drop in operating profit for the period. The two weekends of ‘unfavourable sporting results’ saw a 25% drop in operating profit for the firm’s retail business and a 6% drop in its online sportsbook. However the firm also marked …

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SNP raises concerns over FOBT’s in Scotland

The Scottish National Party (SNP) has called for further regulation regarding Fixed Odds Betting Terminals (FOBT’s) in the UK. The political party  who are rallying for the independence of Scotland from the UK, reported that  £4.4 billion (€5.3 billion/$7.4 billion)  had been wagered FOBT’s in 2013, raising concerns on problem gambling in Scotland. SNP politician Stuart McMillan raised supported for …

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IGT post 66% decline in earnings – Q2 2014 figures

International Game Technology (IGT) – manufacturer of slots and gambling software, has posted its 2014 Q2 earnings report in which the company reported a 66% decline in earnings. During the quarter, IGT posted a net income of $25.7 million, compared to the  $78.2 million generated in the same three-month period in 2013. Further bad news regarding corporate performance saw the …

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No Carnival for Robbie Waterhouse

Victoria’s Premier Denis Napthine has come under fire for lobbying to allow Robbie Waterhouse, father of high profile bookmaker Tom Waterhouse, to take bets at Warrnambool Racecourse. Australian gambling state regulator Racing Victoria confirmed that it will stand by its decision not to allow the Tom Waterhouse business (now owned by William Hill) to accept wagers at the upcoming Warrnambool’s …

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Czech Rep set to overhaul gambling laws

The Czech Republic is gearing up for an overhaul of its current gambling laws, in order to allow the government mandate to prepare for the regulation and legislation of online gambling. At present the Czech Republic has five licensed operators who supply fixed odds betting terminals – Sazka, Synot, Chance, Fortuna and Tipsport.  The proposed amendments will allow the licensed …

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Commission begins review of conditions and codes

The UK Gambling Commission has started a review into strengthening the social responsibility and player protection/harm minimisation elements of its Licence Conditions and Codes of Practice, and its Guidance to Licensing Authorities. This review was referenced at page 8 of the LCCP responses document published on 31 March. The review, which is being led by Gambling Commission Commissioner Rachel Lampard, takes …

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‘Enough is Enough’ petition launched by ABB

The Association of British Bookmakers (ABB) has launched its petition to protect UK high-street bookmakers against the recent public and government backlash, which it believes has had a negative impact on the industry’s business operations. The petition named ‘Enough is Enough’ launched over the Easter holiday weekend and will be visible throughout UK retail betting shops. UK bookmakers will be …

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Macleod Miller Resigns from BACTA

BACTA, the largest trade association for the gaming industry has announced the resignation of Chief Executive – Leslie Macleod Miller. Macleod Miller has resigned from the association after a 10 year tenure, he will relinquish his position from the 1st May 2014. BACTA released a statement on the resignation of Macleod Miller which commented “After 10 years I am ready …

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Proposals to educate about gambling in Irish schools

A report in Monday’s Irish Independent suggests that over 100,000 Irishmen and women have a gambling problem, with those in the under-25 age category significantly more at risk. The article quotes Paul Mullins from Aiséirí, a group that provides community and residential services to help young people, adults and families overcome and recover from addiction. Mullins works as an addiction …

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Coral Connect demonstrates Playtech’s multi-channel solution

Playtech, the international designer, developer and licensor of software for the online, mobile, TV and land-based gaming industry, has announced the successful launch of its ground-breaking “multi-channel” solution – which was heavily previewed at this year’s ICE Totally Gaming show. Multi-channel is already fully operational across the entire Coral betting shop estate in the UK, 1,800 shops. The “Coral Connect” …

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