Retail

Flutter Entertainment has announced that it will unify its Italian gambling operations into the single ‘legal entity’ of Sisal Italia SPA.    The reorganisation will involve the merger of the Italian gambling group’s Superenalotto lottery business with the online gaming subsidiary of Sisal Entertainment. The merger is necessary for Flutter to streamline and strengthen its position within the Italian gambling market …

Allwyn Entertainment is assessing the ongoing situation in the Irish lottery space, having consolidated its position on the other side of the sea in the UK, according to some media reports. Both the Financial Times and Irish Times have stated that the European lottery firm, which holds national lottery licences in numerous countries as well as casino operations, is eyeing …

Allwyn UK and Vodafone have announced a partnership to revolutionise the technology infrastructure of the National Lottery for the benefit of consumers, retailers, and good causes. A new National Lottery is set to launch on 1 February 2024, under the stewardship of Allwyn UK. Vodafone, which backed Allwyn’s bid as the ‘connectivity partner’, will power the collaboration to enhance the …

World Pool has reported a total turnover of HK$1.27bn (approx. $161.8m) across its five fixtures for Q1. Its year-on-year turnover for the quarter has increased by 70% compared to 2022’s Q1 total of HK$745.4m (approx. $94.9m). Globally commingled bets from more than 20 countries saw an average of HK$254m (approx. $32.6m) bet on each of the fixtures, which were Met …

The government of Victoria, the second most populous state of Australia, has introduced new safer gambling policies, including nationally-adopted messaging but also some specific measures focused on the Crown Melbourne casino. Melissa Horne, the state’s Minister for Casino, Gaming and Liquor Regulation, detailed that Victorian licence holders will have to replace the ‘gamble responsibly’ tagline in their advertising with some …

Betgoodwin has announced its sponsorship of The Spring Cup at Newbury Racecourse –  a Class 2 Handicap race. The deal sees the newly named Betgoodwin Spring Cup Handicap Stakes take place on 22 April as part of Newbury’s flat season opener. Regularly one of the top five betting turnover races in Newbury’s calendar, the race is run over one mile …

BetMakers and 1/ST Content have signed a non-binding agreement targeting several international markets, with the UK and Ireland highlighted in particular. The partnership will  focus on delivery of BetMakers’ North American horse racing content to established global betting markets, distributed via the Australia-based firm’s Global Racing Network.  This will include fixtures from race tracks such as Kentucky Downs, Charles Town, …

The Betting and Gaming Council (BGC) states that its members will support a mandatory levy to fund Research, Education, and Treatment (RET) services. However, the government must guarantee that the levy is “independent and tiered to protect land-based operators.”  The trade body outlined that for the past two decades, its members have contributed millions in RET funding through a voluntary …

Having laid down the groundwork for the commencement of its UK operations next year, Allwyn Group has declared strong revenue growth across its group-wide business. Assessing its pan-European operations, Allwyn noted developments in the UK and Austria as being of particular significance to its growth and strategy. Growing to pan-European lottery leadership Publishing its full year and Q4 trading update, …

Grupo Codere has notified investors that it must raise €100m in capital as the heritage Spanish gambling firm “finds itself in a probable insolvency situation”.  Yesterday, Codere published an updated ‘reorganisation and refinancing plan’, outlining that a request for €100m liquidity financing to be added to the board’s ongoing ‘2023-to-2027 recovery programme’. Codere maintains that it has achieved the initial …