Retail

Racecourse Media Group (RMG) has detailed that it has paid its 34 syndicated UK racetracks £80 million in media rights for 2015. The figure represents an 8% increase on 2014 media pay-outs generated from licence fees of racing broadcast owners; Turf TV – betting shop service provider to Licensed Betting Offices (LBOs) Racing UK (multi-platform subscription channel) Digital (Bet2View streams) …

Sporting Index has joined ESSA, the regulated betting industry’s integrity body. By joining with Sporting Index, ESSA has added sports spread betting to its existing coverage of traditional fixed odds and pool betting markets. ESSA now has 19 members, and represents many of the major regulated international sports betting operators: the ABB, Betclic, Bet-at-Home, Betsson, Bet365, BetVictor, Betway, bwinparty, Digibet, …

Betfair’s ‘Brexit’ market has exploded into life this week with just under £4m matched between customers in the last seven days, bringing the total traded in the market to £8m. ‘Remain’ has been backed into a heavy 2/5 favourite, with odds implying a 71% chance to win, whereas Brexit has weakened to a 12/5 outsider representing a 29% chance to win. …

Concerns regarding Svenska Spel’s social responsibility strategy have led Executive Chairwoman Anitra Linnéa Steen to resign from her governance role at the state-owned Swedish gambling operator. The former politician detailed to Swedish business news source Dagens Industri that she felt that Svenska Spel’s core focus had changed from helping national social initiatives to delivering higher revenues. “For a social democracy …

With the first all out NHS junior doctors strike, there is much speculation about the fate of Health Secretary Jeremy Hunt. David Cameron has publicly backed Hunt’s handling of junior doctors but a huge amount of these doctors, which it’s key to highlight includes any doctor below consultant or GP level, are not in agreement with the PM’s stance. Junior doctors …

UK cross-party council organisation, the Local Government Association (LGA) has urged the government to reduce the maximum wager on fixed odds betting terminals (FOBTs) from £100 to £2. The LGA has called for MP’s to support an immediate government review on UK FOBTs policy. The organisation states that it wants to reduce potential risks and harms to vulnerable gambling consumers. …

Despite the hubbub which preceded it the EU referendum campaign only officially got underway on Friday 15th April, but it was a certain US President’s input which has had perhaps the greatest effect on betting.  Barack Obama issued something of a warning regarding the difficulty of trade deals between the US and Britain should Brexit go ahead. He stated that deals would …

Lidoya, a horse race pool betting operator in Guinea-Conakry, have chosen Sporty-Tech as the technology provider to upgrade its betting solution. The agreement enables the Guinean community to bet on French horse races through various channels. The Sporty-Tech solution has been deployed on the Lidoya network consisting of 20 betting shops and 700 kiosks. There is an SMS/GPRS gateway which …

 A Bet A will launch MegaFan Manager for Euro 2016, a product which takes Fantasy Football into UK and Irish retail bookmaking for the first time. The service will allow customers from 1,000 shops to use their skill and knowledge of this summer’s Euro 2016 tournament to pick a team of 11 players with a fictional budget of £100m. Each …