Retail

Betting and Gaming Council names Michael Dugher as new CEO

Former Labour MP and shadow secretary for Culture, Media & Sport Michael Dugher has been confirmed as the first Chief Executive of the newly formed Betting and Gaming Council (BGC). Issuing a market update this afternoon, BGC governance confirmed the appointment of Dugher inbound for Spring 2020, as he departs his current role as Chief Executive to UK Music, the …

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Duncan Hamilton becomes first three time winner of William Hill SBOTY award

Duncan Hamilton has become the first author to win three William Hill ‘Sports Book of the Year’ (SBOTY) awards, as judges recognised his biography of cricket correspondent Neville Cardus as 2019’s best sports literature. Yesterday at London’s Horseguards Hotel, William Hill judges presented Hamilton with his third SBOTY award, having previously won in 2007 for ‘Provided You Don’t Kiss Me’ and …

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GVC’s Mark Chambers to step down

GVC Holdings has confirmed that its Managing Director for retail in the UK and Ireland Mark Chambers will step down from the position in March 2020, due to be succeeded by Andy Hicks. The announcement marks a shake-up for the operator’s retail division, which has already undergone a number of changes due to FOBT legislation and subsequent shop closures. Hicks …

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Ascot ups prize money for Royal Ascot 2020

Ascot Racecourse has confirmed a £765,000 increase in prize money available at Royal Ascot 2020, making the total prize money available £8,095,000. Of the 30 races taking place at the royal meeting, 16 will see an increase in prize money, with no race due to be run for less than £95,000 in 2020 – a £5,000 increase from 2019. Guy …

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IGT seeks new financial lead as Alberto Fornaro ends CFO tenure

New York-listed gambling technology group International Game Technology Plc (IGT) has confirmed that senior executive Alberto Fornaro has chosen to end his tenure as Chief Financial Officer (CFO). Fornaro will leave the management team on 31 January 2020 to ensure a smooth corporate transition. IGT’s board of directors has unanimously approved the appointment of Timothy Rishton, current Senior VP and Chief …

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Intralot focuses on group transitions as dire results continue

Athens-listed gambling technology group Intralot SPA has posted a further quarter of negative declines across its core business metrics and KPIs as it continues to focus on a business transformation programme to counter corporate headwinds for its operating markets. Publishing its latest Q3 2019 trading statement (period ending 30 September), Intralot reports a 6% decrease in year-to-date revenues of €555 million …

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ECA praises positive impact of ‘Did You Know?’ campaign

Land-based gambling trade body, the European Casino Association (ECA), has branded the results of its first public communications campaign as “a positive outcome”. Launching the “Did You Know?” campaign last May, the ECA aimed to shed a positive light on the image of the licensed land-based casino incumbents operating across regulated European markets. During the course of the past months, the ECA …

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Playtech BGT Sports strengthens Jenningsbet partnership

Omni-channel sports betting solutions provider Playtech BGT Sports (PBS) has strengthened its long-term partnership with Jenningsbet by agreeing to continue supplying its self-service betting terminals (SSBTs). The multi-year extension will see PBS roll out its SSBTs across the operator’s retail estate throughout the United Kingdom.  Lee Drabwell, Senior Commercial Director at Playtech BGT Sports, commented: “We’re delighted to have extended …

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OEG revises Lithuania profile to counter ‘aggressive taxes’

The governance of Olympic Entertainment Group (OEG), Eastern Europe’s largest omni-channel gambling operator, has confirmed that it will reduce its active Lithuanian portfolio by closing down nine betting shops and two casino arcades. The decision follows on from the OEG performance review of its ‘Baltija’ (Baltic) subsidiary, in which governance underlined that inbound tax hikes on Lithuanian retail verticals had …

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The Tote and Britbet to sponsor Racehorse Owners’ Sponsorship Scheme

The Tote and Britbet have been confirmed as the new sponsors of the Racehorse Owners’ Sponsorship Scheme, with the partnership due to take effect on 1 January 2020.  As confirmed by the Racehorse Owners Association (ROA), the sponsorship will see all owners included on the Scheme carrying the new Tote logo on their silks.  Charlie Liverton, Chief Executive of the …

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