Retail

Industry horse and greyhound racing content supplier SIS has confirmed that it has reached an agreement to acquire Newcastle and Sunderland greyhound racing stadia from William Hill. Confirming the acquisition this morning, SIS governance detailed that the deal ‘underpins the firm’s commitment to ‘provide a strong programme of competitive greyhound racing for the foreseeable future’. Moving forward the Tyne & …

Kenyan betting stakeholders have warned the government that proposed laws drafted by MP Jakoyo Midiwo may end up stagnating the growing industry and killing off any potential tax revenues. Represented by industry body the Association of Gaming Operators of Kenya (AGOK), representatives have asked the National Assembly to halt Midiwo’s proposed National Gambling Bill, stating that its industry directives were deeply …

The governance of UK gambling operator Aspers Group (Aspers), states that it will go ahead with plans to build a fifth casino in Southampton (Hampshire), following its High Court win against a challenge brought by Global Gaming Ventures. Aspers, a joint venture between the Aspinall Family and Crown Resorts Australia plans to build a + US $500 million (£400 million) …

UK Spread betting firm Sporting Index, has reached an agreement with British racing under the Authorised Betting Partner (ABP) model. The operator will commit to maintaining a funding relationship with British racing until at least 31 March 2019. Under the terms of the ABP agreement, Sporting Index governance has confirmed that the company’s existing remote betting operations currently fall within the …

Malta gambling, police and sports stakeholders have asked for the government to review national sports integrity laws and policy, as existing legislation is no longer viable within a digital context. A sports anti-corruption task force consisting of Malta Football Association (MFA), Malta Police, the Attorney General and the Malta Gaming Association have presented a draft bill to the government seeking …

Premier League bosses are targeting illegal streaming of syndicated football matches, with a view of further protecting the sport’s multi-million broadcast rights and media partners content. The Premier League is working with the UK Federation Against Copyright Theft (FACT), focusing on crackdowns to illegal sports stream enablers. UK news sources report that Premier League officials and FACT have pinpointed at …

The Australian Transaction Reports & Analysis Centre (AUSTRAC) has issued Tabcorp Holdings its biggest ever fine of AUS $45 million (£27 million) for ‘extensive breaches’ of national anti-money laundering rules and compliance standards. The fine has been forwarded to the Australian Federal Court for final approval, against Tabcorp NSW and Victoria enterprises which failed in to register AUSTRAC of multiple …

Paddy Power politics has launched as set of new ‘Trump Betting Specials’, with the Irish bookmaker claiming that it ‘might have to launch its own Trump dedicated website’! Fresh to market, Paddy Power is now offering 5/1 that the President is officially accused of ‘foreign collusion’ on the back of this week’s resignation by Michael Flynn as National Security Advisor, following …

Industry virtuals sports systems and content provider Kiron Interactive (Kiron) has joined the Rombet Association as an official member, Kiron governance stated that it will continue to support a regulated Romanian gambling industry. Rombet, Romania’s gambling trade association, works directly with the government to help develop the latest regulatory legal framework for both land-based and online operators and providers. Steven Spartinos, CEO of Kiron Interactive, said: “It …

Closing its full-year 2016 performance, the governance of Caesars Entertainment Corp (CEC) has posted net operating losses of $2.7 billion, with the gambling operator detailing that it had paid $5.7 billion in accruals for bankrupt division Caesars Entertainment Operating Company (CEOC). CEC would record full-year 2016 corporate revenues of $3.9 billion, driven primarily by its Las Vegas portfolio. The company …