Retail

FTSE100 betting group Paddy Power Betfair Plc (PPB) has delivered a positive Q3 2017 trading update (period ending 30 September), prompting the group to lift its full-year earnings expectations as the company undertakes a leadership transition. A strong period sports betting performance for PPB’s online and retail divisions saw the firm record a 9% increase in group revenues of £440 …

InBet Games has continued its assault on the virtual sports market by launching ‘3D Dogs Race’, a greyhound racing game available on all major delivery channels including mobile applications. Just a few months after launching ‘3D Tron Race’, a high speed race resembling the Light Cycles Match from the 2010 movie Tron, the software solutions provider has boosted its virtual …

The UK Department for Digital, Culture, Media and Sport (DCMS) finally released its triennial review of gaming machines stakes and prizes this morning, ushering a 12 week period of proposals and consultation on industry changes. As part of the review, the Gambling minister Tracey Crouch underlined the importance of ‘striking the right balance between socially responsible growth and protecting the …

Updating the market this morning, the UK Department for Digital, Culture, Media and Sport (DCMS) has opened a ’12-week consultation period for proposals on ‘changes to gaming machines and social responsibility requirements across the UK gambling sector’. The three Parliamentary Secretaries leading the government’s triennial industry review; Karen Bradley (Head of DCMS), Tracey Crouch (UK Sports Minister) and Lord Ashton …

In 2018, BoscaBet is aiming to help independent betting shops rival the large retail chains in terms of enhancing customer engagement and experience. The Irish-based software company has affirmed its commitment to transforming the presentation of horse and greyhound racing in LBOs, with the launch of its new digital display solution, the BoscaBet “Live Race Centre.” Live pricing and results, …

The European Gaming and Amusement Federation, Euromat held its Executive Committee meeting at the ENADA Show in Rome this month. The meeting followed on from the group’s new corporate membership acquisitions and  took place as part of the plans of President David Frost to bring the association closer to its members. The most notable part of the meeting saw Euromat …

UK newspapers The Times and The Guardian have reported that the Department for Digital, Culture, Media and Sport (DCMS) will seek to open a further ‘12-week consultation period’ for its ongoing review of FOBTs wagering levels. At present, it appears that DCMS will delay its judgement on whether to reduce FOBTs wagering from £100 max-bet to the reported options of £50, …

Managing Director of Don Best Sports, Benjie Cherniak stated that the actions of President Donald Trump show he has ‘clearly picked his side in the sports betting debate’. In response to New Jersey officials being permitted with the opportunity to present oral arguments to the US Supreme court on 4 December. Last week, Trump ordered Solicitor General Noel Francisco to …

Betfred founder Fred Done (74) is celebrating his 50th year in business, stating to the Manchester Evening News that he ‘will not slow down’. Alongside brother Peter, Fred Done opened his first betting shop ‘Done Bookmakers’ In Pendlebury, Salford, on September 4, 1967. Heading up the family business, Done would create a UK betting behemoth in Betfred which today operates …

Entering a new financial year, Australia ASX-listed gambling group Tabcorp Holdings has detailed a solid opening for its 2018 operating guidance, publishing its opening quarter trading statement (period ending 30 September). Although no longer required to provide quarterly trading statements, due to its ongoing merger with Tatts Group, Tabcorp governance has proceeded to update its investors and stakeholders. Tabcorp would …