Retail

The UK Labour Party is expected to announce plans for a compulsory industry levy, which will fund the treatment of problem gambling. UK media reports that the levy plan is being spearheaded by Labour Deputy Leader Tom Watson, who will unveil the policy later today during his Labour 2017 Party Conference speech in Brighton. Under Watson’s plans, a compulsory gambling …

Betting and Gambling is tackling the issue of diversity and inclusion on a global scale with a first of its kind initiative, The All-in Diversity Project. The industry-driven project aims to benchmark diversity, equality and inclusion across the global betting and gaming sector. As well as looking to measure, and facilitate an open and objective discussion about diversity across the entire industry on a …

Ahead of next month’s triennial stakes and prizes review by the DCMS, the Association of British Bookmakers (ABB) has reiterated that betting shops continue to offer ‘the safest place to gamble on the high street’. The government is facing mounting pressure from lobbying groups to slash the maximum stakes of FOBTs to just £2, however, the gambling industry has warned …

Ladbrokes Coral Plc is reported to be reviewing all corporate options, as it prepares for this October’s much anticipated UK government triennial review of industry FOBTs wagering and advertising standards. This Weekend, The Sunday Times reported that Ladbrokes Coral governance has hired Deutsche Bank, Greenhill, and UBS as corporate advisors on ‘consolidation matters’ in preparation for the government’s decision. Industry executives …

The governance of Tabcorp Holdings remains positive that it will conclude its planned AUS $11 billion merger with Tatts Group despite this week’s set-back following the Australian Federal Court’s ruling to ‘refer back’ the deal’s review by the Australian Competition Tribunal (ACT). The Tabcorp-Tatts merger hit a further hurdle on Wednesday, as the Federal Court sided with former deal supervising …

QPR has announced that in partnership with 505 Central and BD Sport Group, it will launch its  new look Hoops Lottery against Burton Albion at Loftus Road this Saturday. The lottery will give QPR fans an opportunity to win cash prizes at all home games this season. Supporters will be able to enter the lottery, by picking up tickets from sellers …

From the 2019-2020 season, it appears that Amazon is aiming to become a major new force in the world of Premier League TV rights. A whole host of digital media outlets are looking to test the waters with a bid for Premier League content, however after its purchase of the ATP tennis tournaments, Amazon looks more likely to succeed with …

Independent bookmaker Betfred is ready to scrap its entire commercial relationship with UK racing, detailing that it will no longer sponsor events and cull its entire on-course betting portfolio. A frustrated Fred Done founder of Betfred has stated to the Racing Post that his company ‘can live without the sport’ and that the bookmaker’s ‘association with racing is now broken’. …

Playtech Plc sports betting division Playtech BGT (PBS) has detailed that it has begun its rollout of software and systems provisions of Self-Service Betting Terminals (SSBTs) for OPAP, Greece’s largest betting/gambling operator. Having secured its OPAP partnership in February of this year, PBS acts as the exclusive supplier of SSBTs provisions for the operator which currently services + 4,500 betting …

The Federal Court of Australia has dealt a major blow for the planned merger of Tabcorp Holdings and Tatts Group, ruling against the Australian Competition Tribunal’s (ACT) right to approve the AUS $11 billion combination. Former merger review body the Australian Competition & Consumer Commission (ACCC) had filed for a Federal Court review in July 2017, having been dropped by Tabcorp …