Retail

The Guardian newspaper has reported that UK racing and betting stakeholders will meet today for a new round of discussions regarding the sports funding and the controversial Authorised Betting Partner (ABP) scheme implemented by the British Horseracing Authority (BHA). With the relationship between UK racing and betting operators at its lowest ebb, discussions will focus on the levy % bookmakers …

Keith Bristow QPM, who recently retired as Director-General of the UK National Crime Agency, has been appointed as the first chairman of the Gambling Anti-Money Laundering Group (GAMLG). GAMLG was established in January 2016.  Its initial membership is comprised of the Remote Gambling Association (RGA) and the Association of British Bookmakers (ABB).  The sectors they represent account for over 70% …

Stephen Harris, the resident horse racing guru at bettingexpert, has bagged yet another winner after being crowned the Secret Betting Club’s Best Free Tipster. Stephen, an ex-senior racing trader, has proved highly lucrative since joining bettingexpert, the world’s leading provider of betting and gambling tools, in 2011. He has delivered over 5,000 tips with an incredible return on investment. If …

Publishing an official statement regarding the merger of Ladbrokes-Coral, the UK Competition & Markets Authority (UK CMA) has declared that it will not investigate the position of industry technology provider Playtech Plc and any influence it may have on the deal. The UK CMA who are undertaking a Phase 2 review of Ladbrokes-Coral, were addressing concerns raised by a third …

The board of French gambling operator Française des Jeux (FDJ), has confirmed the appointment of Jean Christophe as new CEO of subsidiary sports betting technology and provisions provider LVS Ltd. Christophe has been tasked with leading the implementation of LVS systems in more than 25,000 betting points in France. Taking on the leadership role Christophe commented “LVS has proved the …

Malta’s land-based industry is to feature virtual games for the first time following a deal between Kiron Interactive and its biggest operator, Gaming Operations Limited. A selection of Kiron’s most popular sports will be rolled out in 30 IZIBET retail betting outlets around the island, as well as the world famous Dragonara Casino in St Julians. The games will be made …

A panel of speakers in a Cybercrime, Security and Regulatory Compliance session at ICE 2016 have expressed concern about the revised customer verification and enhanced due diligence (DD) as part of the 4th Anti-Money Laundering Directive. The European Union 4th Anti-Money Laundering Directive was officially published in June 2015 as a review on the 2007 regulations, covering all gambling services. …

Addressing industry news sources yesterday morning at ICE 2016, Playtech CEO Mor Weizer detailed that omni-channel competencies combined with dynamic data/intelligence gathering would lead his firm’s future growth strategy. Noting a higher scope for increasing player values and better user retention rates by clients, Weizer stated that Playtech future development and innovation would be led with the aim of  creating ‘best-in-class’ industry …

Having secured a listing day share price of £105 on the London Stock Exchange, newly merged betting enterprise ‘Paddy Power Betfair’ confirmed its new governance team, which will lead the company post-merger integration. ‘Paddy Power Betfair’ will be led by former Betfair CEO Breon Corcoran, who will serve under the Chairmanship of Gary McGann (former CEO of Smurfit Kappa Group). …

Clive Hawkswood of the Remote Gambling Association has insisted the gambling industry is on the right road with self-exclusion policy, and cited the complexity of the issue for those expecting a quick fix. This came in response to Wanda Goldwag, Chair and Independent Standards Commissioner of the Senet Group, claiming that we are a long way from establishing effective policy. Self-exclusion …