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Cricket Australia has announced that two players from the Women’s Big Bash League (WBBL), Hayley Jensen and Corinne Hall, have been banned for six months for betting on matches. Both players have voluntarily accepted bans of two years, of which 18 months are suspended. Jensen, a 23-year-old New Zealand international who has represented Victoria and Melbourne in the 2015/16 Australian …

Despite increasing corporate revenues to £10 billion, UK bookmaker Betfred has posted an operating loss of £76.6 million (52-week period ending 27 September 2015). Filing its annual return with UK Companies House the Manchester-based operator reported that its financial performance had been impacted by increased gambling taxes which lowered operating margins. Furthermore, the bookmaker like its industry competitors was hit …

Financial advisory group Davy has lowered sector-wide growth forecasts for UK-listed gambling operators as a result of BREXIT. The ‘Leave’ outcome has forced Davy to review the current positions of listed gambling operators as the UK economy faces months of fiscal and legal uncertainty.    Issuing a market note, Davy analysts detailed that UK legacy operators with both large retail …

Embattled Spanish gambling operator Grupo Codere has been issued a lawsuit by ‘former Codere shareholders’ regarding its April share capital disbursement which saw the controlling Martinez Sampedro family reduce its corporate equity to 2%. The share dilution which aimed to raise + €450 million in capital in order to ease the company’s + €1 billion debt with existing creditors is …

Yorkshire based firm Equotion Ltd has announced two major pieces of news for the company this week. The first is the completion of a significant funding round and the second the appointment of Graham Martin as Non-Executive Chairman. Martin is the Founder of Bonne Terre, the licence holder for Sky Betting & Gaming, and he joins CEO James Waterhouse, Chief Data Scientist …

Novomatic has announced that Friedrich Stickler, President of the European Lotteries Association for six years between 2009 and 2015, became a consultant for the group on July 1. Stickler, a long-standing board member of the Österreichische Lotterien GmbH, will support Novomatic with the expertise and experience he has built up over decades in gaming and lotteries. He will play a …

The Gambling Commission has revealed that the total gross gambling yield (GGY) for the Great Britain gambling industry was £12.6 billion between October 2014 and September 2015, an increase of £1.4 billion on the figure recorded for the previous 11-month period (April 2014 – March 2015). This was a key part of the figures released by the Commission to provide a more …

The Philippines gambling sector faces a period of uncertainty as  newly elected Prime Minister Rodrigo ‘Roa’ Duterte has ordered the national gambling regulator to stop processing licensing applications for e-bingo parlours and gaming cafes. Duterte who won May’s Philippine’s election promising his electorate an ultra-hardline stance on corruption, told cabinet ministers that ‘online gambling must be stopped’. The President nicknamed …

Betting shop operators in the UK are set to see another shake-up in how they present horseracing after the announcement that a third horseracing channel for LBOs is to be launched. The Racing Partnership (TRP) – a joint venture between Arena Racing (ARC) and seven independent racecourses comprising Fakenham, Ffos Las, Hexham, Newton Abbot, Plumpton, Ripon and Towcester – announced …

Amidst the Brexit chaos and the how did we get beaten by a team led by a dentist uproar, the UK’s esports community at least was given a boost as the anticipated British Esports Association officially announced its formation yesterday. The organisation, a nonprofit for which Chester King has been named CEO, will operate out of Pinewood Studios in Buckinghamshire. It …