Retail

UKGC maintains National Lottery tender timetable

Amid fast-changing COVID-19 developments, the UK Gambling Commission (UKGC) has detailed that it will maintain its fourth National Lottery competition timeline. International and domestic suitors had detailed concerns that the National Lottery tender would be delayed or postponed by the Commission in view of UK  COVID-19 disruptions. Issuing a statement to SBC, the Gambling Commission said: “We are carefully monitoring …

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UKGC invokes COVID-19 guidance for licence holders

In response to widespread concerns over the COVID-19 pandemic, the UK Gambling Commission (UKGC) has issued new guidance to its licensees. Following advice issued by Public Health England, the UKGC has invoked its ‘well-practised and comprehensive Business Continuity Plan’ which is hoped to minimise the effect of the pandemic on the Commission’s regulatory work and wider services. Outlined in its …

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Refocused Sportech loses shine on Stamford impairment 

Sportech Plc is confident that its expanded product portfolio will help it through the uncertainty of COVID-19, following a year of vital transformations across the company. Publishing its full-year 2019 results, the firm recorded a 2% group revenue increase to £65 million (FY2018: £63.5m) by optimising its cash-generating assets and operations.  Product upgrades saw Sportech confirm ‘service growth’ for its …

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HRI gives racing the green light to take place behind closed doors

Horse Racing Ireland (HRI) has confirmed that race meetings will go ahead, but will be ‘held in strict adherence to Government guidelines regarding COVID-19’.  The decision, which is reported to be motivated by employment and incomes for those across the sector, will see all fixtures staged without spectators.  Nicky Hartery, Chairman of Horse Racing Ireland, said: “These are unprecedented and sombre …

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BA government announces new leadership team leading IPLyC

Following months of delay, Argentina’s new government has confirmed the appointment of Omar Galdurralde as the Director-General of the Argentine Provinces Board for Lotteries and Casinos (IPLyC). The delay in appointing the IPLyC’s new leader follows sweeping changes undertaken throughout Argentina’s federal departments, following President Alberto Fernández’s Justicialist Party taking office in December 2019. Despite Galdurralde’s appointment having been formerly reported …

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SIS extends greyhound offering to replace shortfall in horse racing

Racing content and data services provider Sports Information Services (SIS) has confirmed that it will be extending its current greyhound offering to ‘temporarily replace the British horse racing fixtures’. As part of the extension, effective from 23 March, SIS has committed to increasing the number of greyhound races in its schedule to 532 races per week, an increase of 54 …

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COVID-19: Greyhound racing moves behind closed doors

The Greyhound Board of Great Britain (GBGB) has become the latest sporting body to confirm that, in light of the COVID-19 outbreak, British greyhound racing is to move behind closed doors at all licensed stadia in England. At the time of writing, the decision does not affect racing at Shawfield, as a result of the stadium being under Scottish Parliament’s …

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Treasury pledge delivers relief for retail and hospitality 

Rishi Sunak, Chancellor of the Exchequer, has declared that the UK government will take a ‘wartime approach’ to safeguard the UK economy and businesses of all sizes with a package of new measures. Flanked by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP), helping the UK economy …

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Rank confirms Euro business support to navigate COVID-19 impact 

Rank Group Plc is the latest gaming industry incumbent to issue a COVID-19 update to investors, today citing a slowdown in UK venue trading over the last three weeks. The LSE operator stated that despite the slowdown its UK venue portfolio of Grosvenor Casinos and Mecca Bingo ‘remained profitable last week’. Following the UK government’s civil advice to avoid leisure …

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COVID-19 concerns see Grand National called off 

UK racing and sports betting have been dealt another blow this week with the ‘Randox Health Grand National’ cancelled due to the coronavirus outbreak. Jockey Club Racecourses, which owns Aintree, confirmed that the three-day event will not take place next month after new government measures announced yesterday emphasised that the UK should ‘avoid non-essential contact and unnecessary travel’. Sandy Dudgeon, …

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