Retail

Following a competitive tender, New York-listed gambling technology supplier International Game Technology (IGT) has won the contract to supply the Massachusetts State Lottery Commission (Massachusetts Lottery) provisions to supply its central system and terminal software. The new systems and terminal contract sees IGT extend its supplier services for the Massachusetts Lottery, a customer since 1996. New provisions for the Massachusetts Lottery …

The Times has reported that former Paddy Power co-founder and CEO Stewart Kenny has secretly lobbied against fixed-odds betting terminals (FOBTs), stating that the machines were exploitative of problem gamblers and the vulnerable. The newspaper has revealed that in a 2009 consultation, Kenny urged the Irish government not to follow the UK’s lead by banning FOBTs from Irish betting shops. …

Problem gambling has been ‘overlooked and underfunded for too long’. That was the message delivered by Kate Lampard CBE, Chair of GambleAware, to the All Party Parliamentary Group (APPG) on Fixed Odds Betting Terminals (FOBTs). As gambling-related harm is linked to all forms of gambling, not just FOBTs, Lampard set out GambleAware’s strategy to fund further research, education and treatment …

The Coral Welsh Grand National from Chepstow on 27 December will mark Channel 4’s final racing broadcast, as the UK broadcaster bows out from the sport following 32 years of coverage. Channel 4 management confirmed that its ‘4 Racing’ program would finish the day after Boxing Day and that 4 Racing would not broadcast scheduled racing from Newbury on New …

The Department of Culture, Media & Sports (DCMS) has informed that the provisions of the current Horserace Racing Betting Levy will be rolled over into 2017/18 as no progress has been made on the terms of a new levy scheme. Updating industry and racing stakeholders, Karen Bradley Secretary of State for Culture, Media & Sport announced the government’s decision to continue …

John Hagan, Partner at London law firm Harris Hagan and Chairman of the Industry Group for Responsible Gambling (IGRG), has outlined how industry stakeholders should aim to build coherent dialogue with the government with regards to the industry’s social responsibility measures. Speaking to industry news source Totally Gaming on the matter of social responsibility and player protection, as the UK government …

Updating the market, the governance of Australia ASX-listed TopBetta Holdings (TopBetta) has announced that it has signed a ‘landmark agreement’ which will see Ladbrokes Australia become the first client of it ‘The Global Tote’ service. The partnership will see Ladbrokes Australia replace its existing tote products for TopBetta’s The Global Tote system, which enables operators to participate in international betting …

Presenting its Q3 2016 trading update (period ending 30 September), the governance of Athens-listed gambling systems provider Intralot has stated that the company is beginning to reap the benefit of its new products and projects. Intralot governance pointed to the firm’s marked improvement in group turnover, which had seen it post a 16% increase in Q3 2016 revenues to €320 …

Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …

Vermantia has announced a new partnership deal with LEAP Gaming, a provider with over nine years’ experience of creating realistic 3D Games and Virtual Sports products across multiple platforms. The partnership enables Vermantia to expand its virtual games portfolio by adding new virtual sports, including Virtual Tennis and Virtual Speedway, all available for retail, online and mobile. The new games …