Retail

Industry eagerly awaits Ladbrokes Coral 2016 results

FTSE-listed Ladbrokes Coral will be the last ‘industry giant’ to declare its full-year 2016 performance this Tuesday 28 March, as city analysts await the maiden financial results of the newly enlarged enterprise following its £2.3 billion merger closure last November. Updating the market this January, Ladbrokes Coral governance detailed that full-year 2016 operating profits would be in-line with merger expectations …

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RMG secures record broadcast coverage for Saturday’s $30 million Dubai World Cup

SBC News RMG secures record broadcast coverage for Saturday’s $30 million Dubai World Cup

Continuing its broadcast partnership with Meydan Racing Course Dubai, Racecourse Media Group (RMG) will showcase the $30 million Dubai World Cup (Saturday 25 March), the racing fixture referred to as the ‘world’s richest race day’. Updating the market, RMG informs that this year’s Dubai World Cup will be made available to ‘over one billion homes’. The racing content specialist is …

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Lotto NZ extends remote systems provisions with IGT

SBC News Lotto NZ extends remote systems provisions with IGT

New York-listed gambling and lottery systems provider IGT Plc, has announced that it has strengthened its existing partnership with the New Zealand Lotteries Commission (Lotto NZ) by securing an agreement to provide a ‘remote gaming server’ (RGS) extension and instant win content. IGT continues to be the lead gaming systems supplier for the Lotto NZ brand, a partnership which has …

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Novomatic Executive team eyes German Admiral expansion

SBC News Novomatic Executive team eyes German Admiral expansion

Despite rumours of a potential public offering, Austrian gambling group Novomatic is reported to be eyeing a German market expansion for its Admiral Sportwetten retail betting subsidiary. Industry news source InterGame reports that Novomatic governance are studying potential market entry options with the firm seeking to quickly establish the Admiral brand within the German retail sector. Stated its intent, Novomatic …

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New innovations see Playtech BGT report ‘record breaking’ Cheltenham Festival

SBC News New innovations see Playtech BGT report 'record breaking' Cheltenham Festival

New Playtech Plc sports division Playtech BGT Sports (PBS), the firm’s supplier of omni-channel betting technology, has reported record-breaking shop SSBT performance during the Cheltenham Festival 2017.  Turnover was up substantially on the previous weekly records during the Festival, as customers took advantage of new features including Best Odds Guaranteed and Lucky Bet Concessions. It was the first Cheltenham Festival since PBS launched its …

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OPAP Greece speeds up infrastructure plan with €200 million bond issue

OPAP Q3 bounce back hurt by continued lottery declines

Greek gambling operator OPAP, will speed up its internal investment plans having secured a €200 million bond issue, through Greek and foreign investors.  The bond will provide the company with the funds needed to carry out its ambitious video lottery terminals (VLT) expansion and upgrade its lottery and gambling networks. OPAP governance detailed that its gained investment would be split into …

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Racecourse Media Group appoints sports commerce veteran Andy Anson as Non-Executive Director

SBC News Racecourse Media Group appoints sports commerce veteran Andy Anson as Non-Executive Director

UK Racing media rights holding firm Racecourse Media Group (RMG) has moved to strengthen its governance and leadership advisory by appointing Andy Anson as a new Independent Non-Executive Director. Anson a sports industry commercial and media veteran, has held leadership positions at ATP Tennis and Manchester United. He further consulted the FA on its 2018 FIFA World Cup bid. RMG …

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Christian Gruber departs as Tipico Deutschland marketing lead

SBC News Christian Gruber departs as Tipico Deutschland marketing lead

Malta-based European sports betting operator, Tipico Group (Tipico) has confirmed that Deutschland Marketing Director Christian Gruber has resigned from his executive position. Updating stakeholders, Tipico governance informed that Gruber would leave the company on 15 April, to pursue ‘new career challenges’. Gruber has served as marketing and communications lead for Tipico’s German division since April 2014. During his tenure, the …

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Sportech executes £20 million share buyback scheme

SBC News Sportech executes £20 million share buyback scheme

The governance of London-listed racing technology and systems provider Sportech Plc has confirmed that it has accepted a £20.9 million buyback of shares issued under a ‘tender offer’. Issuing a corporate update to investors, Sportech governance detailed that it will seek to purchase approximately 20.6 million shares under the offer at a price of 101.5 pence each. Sportech detailed that …

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Kiron extends IVISA Argentina virtual supplier contract

SBC News Kiron extends IVISA Argentina virtual supplier contract

Industry virtual sports provider, Kiron Interactive, has extended its operations in South America after agreeing on a six-year deal with Impresora Internacional de Valores S.A. (IVISA). The specialist virtuals provider will offer it’s fully customisable BetMan Online RGS to IVISA, an Argentina-licensed lottery and gaming solutions supplier. Kiron’s portfolio features horse racing, greyhound racing and motor racing, and will be …

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