Retail

All the news form the retail betting sector

HBLB funds additional fixtures as racing returns

The Horserace Betting Levy Board (HBLB) is due to fund nine additional racing fixtures across June and July, in recognition of the ‘high level of immediate demand to run’. With Scotland and Wales resuming racing later this month, the British Horseracing Authority (BHA) has revised its current racing programme to include race meetings at Scottish and Welsh courses. Tom Byrne, …

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National Lottery hits peak sales to help support critical causes

Camelot Group has reported that the National Lottery returned £1.85 billion to good causes, reflecting an increase of £198.4 million (+12%) on 2018/2019 financial results. The increase in returns to Good Causes is ‘even more significant at this critical time’, and will see ‘up to £600 million of National Lottery funding being directed towards UK charities and organisations to help …

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Blackstone reviews CIRSA options as pandemic wipes out IPO potential

US private equity fund Blackstone Group has moved to safeguard its investment in Spanish gambling operator Grupo CIRSA purchasing €120 million of the firm’s debt notes. Last week, CIRSA published headline Q1 trading figures, revealing that company growth had been wiped out during March, with the company being forced to shut down its entire retail presence across Spain and South …

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Ladbrokes eyes strong TV return for UK racing 

Ladbrokes has accepted a strong return for UK racing, as the general public yearns to watch live sports again following a near three-month hiatus. During lockdown, Ladbrokes commissioned research data firm Perspectus Global to undertake a survey of 2,000 sports fans to find out their views on what they missed most about watching live sport. Ladbrokes stated that an ‘absence …

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Tote Ten to Follow returns as UK racing resumes

As UK racing makes its return today, the Tote Group has revealed a number of new features that will be made available to punters. The new features will ‘enhance the pool betting experience for customers’, and will feature the return of Tote Ten to Follow and bigger pools. Alex Frost, Chief Executive of the UK Tote Group, said: “Like so …

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Lord Goldsmith to lead Howard League’s ‘deeper research’ on crime and problem gambling links

Penal reform charity The Howard League is set to undertake further research, examining the ‘links between criminal activity and problem gambling’. Having sanctioned an academic literature review conducted by Sarah Ramanauskas, Senior Partner at Gambling Integrity, Howard League revealed that’s there is ‘a dearth of knowledge’ related to the subject matter. In its review of academic reports, the charity found …

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BGC calls for continued flexibility from government as lockdown relaxed

The Betting and Gaming Council (BGC) has urged Chancellor of the Exchequer Rishi Sunak to ‘keep being flexible’ following the latest update to the Government’s COVID-19 furlough scheme. Welcoming Sunak’s extension to the Coronavirus Job Retention Scheme, the standards body acknowledged that a number of its members ‘will be forced to operate at a reduced capacity for the foreseeable future’. …

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Scottish racing gets green light for 22 June restart

In accordance with the Scottish Government’s route map for exiting lockdown, Scottish racing has been given the green light to resume behind closed doors from Monday 22 June. Discussions are currently taking place between Scottish Racing and the Scottish Government to support the resumption of race day fixtures. Scottish Racing’s Manager, Delly Innes, said: “The public can have confidence in …

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Frankie Dettori rides with Sporting Index 

Sporting Index has confirmed that it has ‘onboarded’ legendary champion jockey Frankie Dettori as its new brand ambassador. The colourful Italian, who has won 19 British Classics and is currently recognised as the ‘LONGINES – World’s best jockey’, has joined the Sporting Index stable and will help promote the spread betting firm’s fixed-odds betting markets, which were launched in 2019. …

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UKGC gambling statistics highlight retail declines

The UK’s retail betting sector has continued to bear the brunt of last April’s FOBT ruling, with data released by the UK Gambling Commission (UKGC) showing a 12.1% decline in the number of shops between March 2019 and October 2019. The number of betting shops on the UK high street dropped to 7,315 in September 2019, while the total number …

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