Retail

Scientific Games puts forward $350 million note issue for NYX acquisition

SBC News Scientific Games puts forward $350 million note issue for NYX acquisition

Updating the market, the governance of Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has announced that it will sanction a private offering of $350 million senior secured notes due for reimbursement in 2025.   SGC governance will use the net proceeds of its note offering, to fund its cash and debt $631 million outright acquisition of NYX Gaming Group …

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Ladies rule starting line-up for William Hill’s Sports Book of the Year Award 2017

SBC News Ladies rule starting line-up for William Hill's Sports Book of the Year Award 2017

FTSE bookmaker William Hill has announced its official longlist for the 2017 ‘Sports Book of the Year’ award, the most prestigious prize in English sports literature. Hosting its 29th edition of the award, William Hill presents a diverse line-up of renowned sports authors and first-time writers competing to win the £29,000 prize which will be awarded on 28 November at …

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Industry pulls together for Responsible Gambling Week

SBC News Industry pulls together for Responsible Gambling Week

For the first time ever, the gambling industry in Great Britain is coming together to support the launch of Responsible Gambling Week. This national, cross-industry awareness campaign will run from 12th – 18th October 2017 and will aim to get everyone talking about what it means to gamble responsibly. Responsible Gambling Week, which is led by the Industry Group for Responsible Gambling …

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Ladbrokes backing Catalonian independence should the polls open Sunday

SBC News Ladbrokes backing Catalonian independence should the polls open Sunday

In defiance of the increasingly stern orders from the Spanish government, the campaign for a Catalonian independence referendum continues to gather momentum. Located in the northeast of Spain with a population of 7.5 million and accounting for roughly 20% 0f Spain’s current GDP, the Catalonia province not only has its own language and culture, but it also has a longstanding …

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Premier League faces divisions over distribution of TV rights money

SBC News Premier League faces divisions over distribution of TV rights money

Ahead of the upcoming next round of TV rights bidding , Premier League clubs are divided over how the lucrative overseas money deal should be split. Since the formation of the Premier League in 1992, overseas TV rights money has been divided equally amongst the competition’s 20 clubs. However, the league’s big six are now lobbying for this to be …

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Gibraltar Government appoints Andrew Lyman as Gambling Regulatory lead

GBGA

The Government of Gibraltar has confirmed the appointment of Andrew Lyman as its new Executive Director & Head of Gambling. Lyman who currently serves as Director of Group Regulatory Affairs for William Hill Plc is expected to take over the executive role in January 2018, replacing current incumbent Philip Brear who will serve as an advisor to the government of …

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Cardiff City announces K8.com as new betting partner

SBC News Cardiff City announces K8.com as new betting partner

Cardiff City  has announced that the club has agreed a partnership with international online betting operator K8.com. The partnership means K8.com will have betting booths around The Cardiff City Stadium for fans to utilise on match days, furthermore K8.com will also provide exclusive odds and promotions for fans of the Championship club to enjoy. As part of the partnership, K8.com …

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ESSA gains EU funding for three new ‘match-fixing combat’ projects

SBC News ESSA gains EU funding for three new 'match-fixing combat' projects

International betting integrity body ESSA is to engage in three new anti-match-fixing projects that have been granted funding from the European Commission’s Erasmus+ programme. The funding will see the association involved in a total of four anti-match-fixing projects simultaneously and is part of ESSA’s on-going policy to participate in and promote integrity efforts on behalf of its members, which include …

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Breon Corcoran comes out in support of slashing FOBT stakes

SBC News Breon Corcoran comes out in support of slashing FOBT stakes

The Financial Times has revealed that Paddy Power Betfair chief executive Breon Corcoran has issued his support for significantly cutting the stakes of  fixed-odds betting terminals (FOBTs). In a letter to the minister at the Department for Culture, Media and Sport (DCMS), Tracey Crouch, Corcoran stated that due to the ‘toxic’ nature of the debate that now surrounds the terminals only significant action would …

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New poll details the changing US sentiment on legalised sports betting

SBC News New poll details the changing US sentiment on legalised sports betting

A new poll conducted by The Washington Post and The University of Massachusetts Lowell has detailed that for the ‘first time most Americans support wagering on professional sports’. A majority of 55% of participants surveyed detailed support for legalised US sports betting, whilst 33% are in opposition. The polls finding ‘reverses the public sentiment of 1993’ in which 56% of …

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