Retail

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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Worldpay – Saturday’s Grand National could see double wagers for bookmakers

SBC News Worldpay - Saturday's Grand National could see double wagers for bookmakers

FTSE100 global payments provider Worldpay is predicting a bumper Grand National (Saturday 8 April Aintree) for bookmakers as new data reveals a staggering increase in betting activity during the world’s most prestigious steeplechase.  Presenting gambling data from the 2016 event shows that British bookies saw an astonishing 99% increase in online betting activity compared to an average week. Overall turnover on …

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Codere eyes Mexican expansion purchasing Grupo Caliente outright

SBC News Codere eyes Mexican expansion purchasing Grupo Caliente outright

Spanish listed gambling operator Grupo Codere continues its international expansion, informing the market that it has moved to acquire all shares in Mexican joint venture Grupo Caliente MX. Updating investors, Codere governance details that it will purchase all Caliente assets outright, by acquiring the remaining 32.7% of company shares for a reported $26 million ($22 million in cash). The Spanish …

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49’s restructures executive management following departure of David Purvis as CEO

SBC News 49's restructures executive management following departure of David Purvis as CEO

Fixed odds ‘numbers betting’ supplier 49’s Ltd has confirmed the departure of David Purvis as company CEO. Purvis served 49’s Ltd for over 3 years and has left to pursue new challenges as he seeks to expand his consultancy business. Mike jones Chairman of 49’s confirmed the departure of Purvis, stating that the company would not replace the position but …

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Star Sports unveiled as lead sponsors of the Towcester English Greyhound Derby

SBC News Star Sports unveiled as lead sponsors of the Towcester English Greyhound Derby

UK independent bookmaker Star Sports has been unveiled as the new sponsors of the English Greyhound Derby, the world’s most prestigious greyhound race. The 2017 Star Sports Greyhound Derby will be run at Towcester, the UK’s newest greyhound track, for the first time on Saturday 1st July, with a winner’s purse of £175,000 and total prize-money of over £350,000, it is the richest greyhound …

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EPFL confirms data partners for its first multi-league deal

EPFL - Copyright: ayvengo / 123RF Stock Photo

Sportradar, Perform Group and Genius Sports have been confirmed as official partners for the collection and supply of data across eight European football leagues. The first multi-league agreement signed under the umbrella of the Association of European Professional Football Leagues (EPFL) covers the Austrian Bundesliga, Belgium ProLeague, Danish Divisionsforeningen, Israeli Professional Football League, Dutch Eredivisie, Norwegian Toppfotball, Swedish Föreningen Elitfotboll and …

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Ascot sticks with Betfred Tote for launch of ‘AscotBet’ pools in 2018

SBC News Ascot sticks with Betfred Tote for launch of 'AscotBet' pools in 2018

Updating the market, the management of Ascot Racecourse has confirmed that it will launch its ‘AscotBet’ pool betting system in 2018. The product will be developed in-partnership with Betfred’s Totepool, who will end its trackside pools monopoly on July 2018, opening the market to new incumbents. Ascot management stated that following a review of options, it had decided to keep …

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Paddy Power extends terminal systems contract with Playtech BGT

SBC News Paddy Power extends terminal systems contract with Playtech BGT

Updating the market, Playtech Plc sports betting division Playtech BGT Sports (PBS) has confirmed that it has extended its multi-year contract with Irish bookmaker Paddy Power. Confirming the extension PBS management stated that the partnership would reflect the industry’s ongoing ‘trend towards self-service’ products within betting shops. Paddy Power is a customer of PBS and Racing Post’s content driven betting …

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