Retail

All the news from the retail betting sector

BoyleSports confirms Mark Kemp as inbound CEO

BoyleSports has this weekend confirmed the forthcoming appointment of Mark Kemp as new company Chief Executive.  Kemp is expected to join the Dundalk betting group this coming August, replacing incumbent Conor Gray as CEO. BoyleSports confirmed to media that Gray would be transitioned to a commercial development executive role focused on international expansion projects. The former managing director of Ladbrokes …

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UKGC: Market fairness comes first in new corporate strategy 

consultation

The UK Gambling Commission (UKGC) has laid out the strategic objectives of its new ‘corporate strategy’ on how it will govern the licensed incumbents of the UK’s regulated gambling marketplace.  Launching a ‘new three-year strategy’, the Commission stated that its ‘regulated market objectives’ will prioritise: The prevention of gambling becoming a source of crime or social disorder Ensuring that all …

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Sportech strengthens cash reserves to drive business transformation

Sportech Plc has delivered better than anticipated 2020 financial performance, offsetting the COVID-19 headwinds severely impacting global horseracing events and fixtures.  Publishing its full-year 2020 results, the LSE-listed wagering and racing systems provider saw its group revenues fall to £20 million, down 41% on corresponding FY2019 results of £34 million. “COVID-19 severely impacted the business resulting in a 28% decline …

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bet365 heads betslip leaderboard in Oddschecker Cheltenham report

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

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Enlabs acquisition drives Entain’s international expansion

Entain’s acquisition of Swedish iGaming operator Enlabs AB and Portuguese online sportsbook Bet.pt has driven a 30% expansion in its international operations. A leading operator in the Baltic region, the Enlabs acquisition has enabled Entain to enter this market for the first time in its operating history via the Optibet brand. Enlabs is a market leader in Latvia, the second …

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SBC Digital – Africa: Technology is the way forward for lottery

SBC Digital - Africa: Technology is the way forward for lotteries

Technology in the lottery sector was among the key talking points at this week’s SBC Digital – Africa, with Dhrupal Amin – Non-Executive Director of GameCover – emphasising that the right software is ‘critical’ to make lotto ‘easy to play’. Taking part in the BetConstruct-sponsored panel titled ‘A Lottery of Trust’, Amin was joined by Neil Jasper (Consultant at Tenica …

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BHA tightens syndicate regulations to ‘support public confidence’

The British Horseracing Authority (BHA) has announced plans to tighten regulations of syndicates and racing clubs in order to ‘support public confidence’. Central to the enhancement of the regulations is a strengthening of the Code of Conduct for Syndicates. First introduced in 2017, the Code requires syndicates to provide members with a contract covering specific areas in order to advertise …

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UK racing’s return will usher a starting prices overhaul 

The Starting Price Regulatory Commission (SPRC) has announced that UK racing fixtures starting prices will be determined using ‘mainly off-course mechanisms‘. The change has been implemented following a number of years under consideration, with the SPRC outlining that racing fixtures needs to better reflect their betting markets as a whole.  Starting prices were last examined in 2015 when on-course betting …

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Horse racing expresses debt concerns over DCMS relief

The reluctance of many horse racing bodies to take on more debt has led to the sport receiving only half of the £40 million originally earmarked by the Department of Digital, Culture, Media and Sport (DCMS). According to the Racing Post, racetracks have been unwilling to take on more debt due to the financial impacts of the coronavirus pandemic, instead …

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SIS expands Watch and Bet reach via Unibet deal

SIS expands Watch and Bet reach via Unibet deal

Unibet customers across Australia, Europe, Ireland and the UK will now gain access to 24/7 live betting channels after SIS (Sports Information Services) signed an agreement to deliver its racing content in a Watch and Bet format. Through the partnership, SIS will supply its branded 24/7 live betting channels featuring live streams of UK and Irish horse racing and greyhound …

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