Retail

INTRALOT Peru gets responsible gaming recognition

INTRALOT Peru, one of the leading lottery and sports betting company in Peru, has been granted Level 3 Responsible Gaming Certification by the World Lottery Association (WLA), becoming one of the first lotteries in the Latin American region to achieve such accreditation. The certification is a result of coordinated efforts and a reward to effective implementation of INTRALOT Group’s industry …

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Darling to chair the ABB

Paul Darling QC has been appointed the new Chairman of the Association of British Bookmakers (ABB) with effect from 1st May 2014. He takes over from Neil Goulden, who is stepping down to concentrate on his other role as Chairman of the Responsible Gambling Trust. Barrister Darling was a Non-Executive Director at the Tote (2006-2008) and became a Government Appointed …

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GCA Cash awarded prestigious Casino Innovation Award

Global Cash Access Holdings, Inc. (“GCA” or the “Company”) (NYSE:GCA), a global provider of innovative cash access solutions, cash handling devices and business intelligence for gaming establishments, today announced its Everi™ product has been awarded second place in Casino Journal’s 2013 Top 20 Most Innovative Gaming Technology Products. Everi™, launched in 2013, is an innovative payments and monetization solution bridging payments opportunities …

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Ladbrokes urges UK Government to rethink FOBT’s tax

UK gambling operator Ladbrokes Plc urged the UK Government to rethink its plans to increase tax levied on profits generated from fixed odds betting terminals (FOBT’s). The operator claimed that unfair tax levying on the UK bookmakers could cost the industry around £75 million a year. The tax rate issued on FOBT’s is set to rise from 20% to 25% …

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Fred Done sponsors Bolton Hospice Midnight Memories Walk

Betfred owner Fred Done may just be the most generous man in gambling. This March Done, a lifelong Manchester United fan, ordered Betfred management to refund £200,000 to Manchester United fans who had high hopes on their football club retaining the Barclays Premier League title. This week Betfred announced that Fred Done would sponsor the Bolton Hospice’s eighth annual Midnight …

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David Lammy MP protests against Paddy Power shop in Tottenham

Tottenham Labour Party MP, David Lammy met residents and councillors outside the Sugar Cane pub, in Lordship Lane, Wood Green to protest against sports betting operator Paddy Power plans to open a third retail betting shop in the area. The bookmaker plans to turn the privately owned pub site, into an area Paddy Power bookmaker. Lammy and protestors are concerned …

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Canberra ACTTAB sale labelled a Sham Process

The sale of Australian government owned bookmaker ACTTAB, has been labelled a ‘sham process’ by corporate gambling operators who expressed interest in acquiring the retail bookmaker. ACTTAB’s sale has hit the headlines in Australia, as its appears that private bidders have been shut out of the sale to purchase the state owned operators assets. The government is looking to sell …

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Kambi enters Asian supply agreement with Nagaworld

Kambi Sports Solutions, the B2B division of Swedish stock listed igaming operator Unibet Plc, has announced a partnership with Cambodian leisure operator – Nagaworld Ltd. The agreed partnership to supply Nagaworld with a fully managed retail sports betting services, will be Kambi’s first partnership targeting the growing Asian betting market. Kambi will begin its sports betting services to Nagaworld from …

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Richard Glynn Earns 85% pay hike despite Ladbrokes downturn

Richard Glynn CEO of troubled gambling operator -Ladbrokes PLC,  has been awarded a  staggering 85% total remuneration rise as the firm’s operating profits plunged by a reported 33%.The news comes as a surprise to the gambling and sports betting industry, as Glynn’s position as the head of Ladbrokes operations, has come into question with many industry commentators forecasting the CEO’s …

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Tax increase hits bookmaker shares

Shares in Ladbrokes fell by almost 12 percent to 139.8p yesterday, while market leader William Hill was down 7 percent at 350.1p, as the market responded to Chancellor George Osborne’s latest tax raid on the betting industry. The Treasury increased the rate of Machine Games Duty (MGD) on games with a stake higher than £5 from 20% to 25%, with …

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