Retail

No room for Rooney in fans’ Euro 2016 starting XI

SBC News No room for Rooney in fans' Euro 2016 starting XI

Spread betting firm Sporting Index has asked England fans to pick their preferred Euro 2016 starting XI, and the major revelation is that there’s no room for captain Wayne Rooney. In partnership with research agency Opinium, the survey revealed that Three Lions fans would leave midfielders Ross Barkley and Raheem Sterling on the bench, alongside forwards Daniel Sturridge and Theo Walcott. …

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Inspired extends virtual sports content with BetConstruct

SBC News Inspired extends virtual sports content with BetConstruct

Virtual sports provider Inspired Gaming has extended its content portfolio by agreeing partnership with gambling platform provider BetConstruct. The partnership will see Inspired provide BetConstruct its Virtual Sports range through its ‘Virtuals Connect’ system giving the platform suppliers clients access to premium content. Inspired continues to extend its partnerships with key industry platform providers. In 2016 the virtual sports content …

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PIRC attacks Paddy Power Betfair executive payment scheme

SBC News PIRC attacks Paddy Power Betfair executive payment scheme

Paddy Power Betfair (PPB) is the latest FTSE-listed company to face a potential shareholder dispute concerning executive pay and compensation. Issuing a public statement, shareholder advisory group Pensions & Investment Research Consultants (PIRC) has called for PPB shareholders to reject the pay package of former Paddy Power CEO Andy McCue. Ahead of PPB’s annual general meeting, PIRC has stated that …

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Louis Rosenburg’s AI program predicts Kentucky Derby 1-4 finishers winning $11,000

SBC News Louis Rosenburg's AI program predicts Kentucky Derby 1-4 finishers winning $11,000

Artificial Intelligence developer Professor Louis Rosenburg has sent a shockwave through the US betting industry by creating an algorithm that correctly predicted the first to fourth places at this year’s Kentucky Derby. Employing predictions formed by human-based artificial intelligence engine UNU, Rosenburg would take down the ‘holygrail’ of betting as his four-fold bet would win $10,842 pay-out on a $20 bet …

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William Hill looks to turnaround online decline following rough start to 2016

SBC News William Hill looks to turnaround online decline following rough start to 2016

William Hill’s 2016 woes continue as the operator reported a 3% decline in group net revenues for its unaudited 17 week trading update (period ending 26 April). A rough start to 2016, had seen the FTSE-listed operator revise its year financial guidance following a miserable week at Cheltenham 2016. Today William Hill governance stated that 2016 expectations remained at a …

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Betfair rolls out ‘first stage’ betting exchange for New Jersey

SBC News Betfair rolls out 'first stage' betting exchange for New Jersey

Today will see Betfair US launch its first stage exchange wagering service for New Jersey in partnership with state licensed racing operator Monmouth Park. The Paddy Power Betfair (PPB) US subsidiary will likely launch a limited market service due to the paucity of live racing events. In April Betfair US announced that it had been granted permission to launch its …

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Unlawful poker organisers ordered to pay over £32,000 in fines

SBC News Unlawful poker organisers ordered to pay over £32,000 in fines

Two men have been ordered to pay over £32,000 in fines and legal costs to Kingston Council following a crackdown on illegal gambling at a private members’ club in London. Nicholas Clark and Luke Flack pleaded guilty to gambling offences at Kingston Crown Court on Friday 29 April, with Judge Coello sentencing Clark to a fine of £2,300 and Flack to £1,000, …

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Genting UK undertakes executive shake-up as company aims for compelling multi-channel offering

SBC News Genting UK undertakes executive shake-up as company aims for compelling multi-channel offering

Announcing a new corporate strategy focusing on developing multi-channel capabilities, Genting UK President Paul Willock has announced a restructure of the operator’s executive team. Focusing on delivering a compelling multi-channel offering to its customers, Willock confirmed the appointment of Mark Sergeant as Managing Director of Genting Casinos UK ‘Home Markets’. Sergeant the former Managing Director of Gala Coral UK Casinos, …

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Caesars Entertainment appoints Judge Robert E. Gerber as Chief Restructuring Officer

SBC News Caesars Entertainment appoints Judge Robert E. Gerber as Chief Restructuring Officer

Embattled Caesars Entertainment Corporation (Caesars Entertainment) has confirmed the appointment of the Honourable Robert E. Gerber as Chief Restructuring Officer (CRO) Gerber a New York Bankruptcy Court Judge has been appointed on the recommendation of Caesars Entertainment’s special strategic committee. Updating the market, Caesars Entertainment detailed that Gerber would be advising the company on corporate restructuring initiatives, debt obligations and …

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Turkey reattempts to privatise National Lottery

SBC News Turkey reattempts to privatise National Lottery

The Turkish Ministry of Finance has formally announced that it intends to privatise its National Lottery opening up the its first stage tender process on 5 August. Presenting initial details, the Ministry outlined that its private tender for ‘Milli Piyango’ would be set for a period of ten years. Turkey’s previous attempts to privatise its National Lottery have been unsuccessful, …

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