Retail

Kenya TNA hierarchy open to industry tax review

SBC News Kenya TNA hierarchy open to industry tax review

Kenya’s National Alliance (TNA) government may move to review its 50% tax hike on all licensed gambling activities, following backlash from industry and sporting stakeholders. Kenyan news sources report that President Uhuru Kenyatta is aware of industry concerns and the potential liability of over taxing an effective industry. Kenyatta and his advisors are reported to be open to an industry review, …

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Paddy Power nets Shamrock Rovers FC sponsorship

SBC News Paddy Power nets Shamrock Rovers FC sponsorship

Paddy Power marketing has confirmed that it has become the official betting partner of Ireland Premier Division football club Shamrock Rovers FC (Tallaght, South Dublin). Shamrock Rovers FC is regarded as Ireland’s most successful football club and has produced a number of Irish full international football players. The partnership will see the Paddy Power brand feature on the Shamrock shirt sleeve, …

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UK greyhound partnership bears fruit for Tabcorp & SIS

SBC News UK greyhound partnership bears fruit for Tabcorp & SIS

Australian gambling operator Tabcorp has stated that its strong start to the UK greyhound season has been led by its content streaming partnership with SIS. As of February, Tabcorp’s racing media arm, Sky Racing commenced broadcasting pictures across Australia from UK stadia in partnership with SIS, supplier of greyhound and racing content. Tabcorp management has been pleased with its customer …

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SportPesa investor issues multiple lawsuits against Kenya Treasury’s ‘improper’ tax hike

SBC News SportPesa investor issues multiple lawsuits against Kenya Treasury's 'improper' tax hike

SportPesa investor Bradley Trading has moved to challenge the Kenyan government regarding its increased gambling/betting industry tax hike to 50%. Presenting its 2017/18 Kenyan National Budget last March, Treasury Secretary Henry Rotich shocked industry stakeholders by announcing a blanket 50% tax on all licensed betting and gambling services. The majority of industry stakeholders expected the Treasury to announce an increase …

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Paddy Power awards retail maintenance contract to ISS

SBC News Paddy Power awards retail maintenance contract to ISS

Paddy Power Betfair (PPB) has awarded its retail maintenance contract to facility management specialist ISS for its portfolio of +600 Paddy Power betting shops across the UK and Ireland. The contract will see ISS act as the bookmaker’s technical services lead, as well as managing betting shop portfolio maintenance. ISS provisions for Paddy Power estates will include cleaning, support services, property …

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Tabcorp strikes back in NSW with AHA hotels & pubs wagering services deal

SBC News Tabcorp strikes back in NSW with AHA hotels & pubs wagering services deal

Australia ASX-listed gambling operator Tabcorp Holdings is reported to have made a significant bid to maintain its position as main gambling services supplier to hotels and pubs in New South Wales (NSW). NSW a key region for Tabcorp operations, has come under threat from James Packer-backed Crownbet who in February won the contract to supply gambling interactive services for Clubs …

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No Grand National cheer for bookmakers as One For Arthur brings Scots glory

SBC News No Grand National cheer for bookmakers as One For Arthur brings Scots glory

It appears that bookmakers will be counting the cost of One For Arthur’s Grand National win this Saturday, as Scotland gains its first Aintree champion stud since Rubistic in 1979. Updating the media, William Hill detailed that it had taken circa £25 million in Grand National bets, however the company will likely be paying out to Scottish punters who cashed …

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Input wanted…UKGC launches 2017/2018 ‘key focus’ business plan

SBC News Input wanted...UKGC launches 2017/2018 'key focus' business plan

Updating the market this morning, The UK Gambling Commission (UKGC) has published its Business plan for 2017/2018 outlining its regulatory and industry focuses and priorities for key areas of the next financial year. The UKGC outlines that this year’s business plan will focus on five key areas: Empower and protect consumers Raise standards across all gambling sectors Build partnerships and understanding Ensure fair …

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Group efficiency strategy pays off for Grupo Cirsa in 2016

SBC News Group efficiency strategy pays off for Grupo Cirsa in 2016

Publishing its full-year 2016 results, Spanish gambling group Grupo Cirsa (Cirsa) has declared its ‘best year in business’, as the company benefits from the growth of its home market assets and Latin America operations. Detailing its FY 2016 financial breakdown, Cirsa would report flat-line group revenues of €1.6 billion. However, the company would benefit from its ‘group efficiency strategy’ which …

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