Retail

Malta-based German sports betting group Tipbet has informed that it has upgraded its in-store terminal systems across its entire retail portfolio, with a view to enhancing ‘customer usability and staff efficiency’.  The upgrade follows the launch of the Tipbet 2.0 software across all platforms; terminals, cash-points and websites. Announcing the launch, Tipbet management stated that it wanted its franchisees to …

Racing content and data supplier Sports Information Services (SIS) has expanded its European footprint, by agreeing on a five-year deal with Spanish gambling operator Grupo Codere to upgrade in-store racing streaming services. As part of the agreement, SIS will supply live pictures, commentary and data for horseracing and greyhounds across the operator’s entire retail estate. SIS’ new international service has …

Austrian sports betting firm Cashpoint (Gauselmann Group subsidiary) has confirmed that it has agreed to acquire Tipico’s Danish retail betting portfolio. The deal will see Tipico end its retail presence within Denmark, with Cashpoint acquiring its three betting shops in Copenhagen and a further retail point on the island of Funen in Odense. Tipico will continue to service the Danish …

The Hong Kong Jockey Club (HKJC) has informed that industry marketing and communications firm Square in the Air has been appointed its PR lead representative for UK activity. HKJC appoints Square in the Air ahead of the start of a new Hong Kong racing seasion this Sunday 3 September. Updating stakeholders, George Irvine, Commingling Development Director at Hong Kong Jockey …

Speaking to Ladbrokes Coral Plc investors on H1 2017 performance, group CEO Jim Mullen has detailed that the FTSE gambling firm is ‘now delivering on its pre-merger promises’. Presenting H1 2017 results, which saw Ladbrokes Coral declare group operating profits of £51 million, Mullen stated that the enlarged operator’s ambitions and scalability were ‘no longer theoretical’. Throughout his tenure as …

Presenting its H1 2017 interim results (period ending 30 June), Eastern European gambling operator Fortuna Entertainment Group has detailed a strong revenue performance combined with KPI gains driven by the growth of sports betting and gaming divisions. Updating the market, Fortuna would record a 40% group revenue increase to €720 million (H1 2016: €511 million), of which €650 million would …

Barry Faulkner the Chief Executive of the Greyhound Board of Great Britain (GBGB) has praised Ladbrokes Coral’s governance for committing to pay a voluntary levy on greyhound turnover taken from remote wagers. Yesterday, FTSE-listed Ladbrokes Coral issued a corporate statement detailing that it would pay a ‘voluntary levy to greyhound racing based on off shore greyhound turnover from the start of 2018.’ …

Issuing a corporate update, Ladbrokes Coral Plc has today informed that it will be paying a ‘voluntary levy to greyhound racing based on off shore greyhound turnover from the start of 2018.’ The FTSE firm states that its commitment to the greyhound levy will be ‘unconditionally’, making its payments through the British Greyhound Racing Fund or the body advised by …

Updating the market, Australian ASX-listed racing pools operator TopBetta Holdings has confirmed that it has raised AUS $9 million (€6 million) to expand its international services.   The funding round has seen TopBetta governance place an allotment of +21.4 million shares priced at 42 cents, with firm securing investment from ASX institutional investors. Moving forward, TopBetta governance seeks to expand …

US media owner Turner Broadcasting has announced that it will launch a new ‘standalone sports streaming service’ for US consumers in 2018. The Media group which operates CNN, TNT, TCM plus US sports channels NBA TV, Turner Sports and Nascar TV has recently agreed a $60 million content deal with UEFA for the rights to broadcast Champions League matches, beginning …