Retail

Rank issues profit warning on Grosvenor frozen performance 

SBC News Rank issues profit warning on Grosvenor frozen performance 

Rank Group Plc has issued a profit warning, alerting investors of weaker-than-anticipated results impacting its Grosvenor casino venues. Providing an update on its trading performance for the five months to 30 November, the LSE gambling group reported that a decline in Grosvenor performance had wiped out group growth.  “Whilst there has been some improvement in Grosvenor’s trading over the last …

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Northern Ireland lawmakers initiate gambling public health inquiry

Northern Ireland Stormont

A cross-party group of Northern Ireland Assembly lawmakers has launched an inquiry into gambling and its societal impact, seeking input from public health professionals.  The All Party Group (APG) on Reducing Harm Related to Gambling announced the probe yesterday, requesting written evidence from health professionals, advocacy group representatives, academics, departmental officials and people with lived experience.  A key objective of …

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OKTO to rollout cashless payments for Romanian retail betting

OKTO Romania

Romanian bricks and mortar betting operator GSbet has partnered with OKTO to launch the payments provider’s mobile-first solution across its network.  OKTO has made its payments product available in 3,000 self-service betting terminals across 1,100 sales points, in a rollout of its cashless gaming solution in Romania. “We are pleased with our partnership with GSbet, launching digital, secure payment experiences …

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Inspired to update Paddy Power’s UK retail network

paddy power

Paddy Power and Inspired Entertainment have turned the focus of their long-running partnership to the UK retail betting sector.  The Flutter Entertainment betting and gaming brand will adopt Inspired’s fully integrated managed services across the 1,400 terminals of its 350-strong UK retail portfolio. This will include installation, remote and field technology support and content and platform development, as well as …

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Norsk Rikstoto gets 10-year extension to horse racing monopoly

Stride racing syndicate

Norway’s state-backed horse racing betting operator Norsk Rikstoto has secured a substantial extension to its operations.  The parimutuel betting firm announced that it had received a 10-year renewal to its licence from the Norwegian government to continue its monopoly over betting on the country’s animal sports sectors. By maintaining the monopoly, Norway’s policymakers ensure that both the Rikstoto and the …

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Tabcorp maintains ESG agenda despite 2022 transformation

Tabcorp revenue bitten by ‘softer trading’ in 1Q24

Tabcorp Holdings has published its FY22 sustainability report, covering its ESG activities during 2022, including a period before its demerger with The Lottery Corporation. Back in May, Tabcorp completed a demerger of its lottery and keno business, which saw the development of The Lottery Corporation, as the group places a continued focus on gaming and sports betting products. However, the measurements …

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SIS makes New Jersey esports first working with bet365

new jersey

In a major boost to its stateside operations, UK-based SIS (Sports Information Services) has become the first non-tournament esports provider in the state. The company has partnered with fellow UK-founded betting firm bet365, which holds licences in both New Jersey and Colorado, and will leverage SIS’ Competitive Gaming esports services, operating from the company’s Milton Keynes and Salford offices. SIS …

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BGC: UK public doubt effectiveness of compulsory betting health warnings

Michael Dugher BGC

Just three in 10 Britons believe that compulsory health warnings on betting products would be an effective measure, according to the Betting and Gaming Council (BGC). Citing a YouGov study, the betting industry trade and standards association revealed that 71% of polled consumers felt that such practices, as seen on tobacco products, would be ineffective. An additional 47% of participants …

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SIS partners with Estelarbet for Chile market entry

SIS Chile

Sports betting content provider SIS (Sports Information Services) has made its debut in the Chilean market, launching with regional operator Estelarbet. The live betting services supplier will deliver its 24/7 UK and Irish racing content to the firm, as well as covering fixtures from Canada, Dubai, Germany, Hungary, Latin America, Mauritius, Mexico, Saudi Arabia, Singapore, Spain and the US. Also …

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Belgian GC supports ban on ‘televised games of chance’ in latest regulatory crackdown

game show

The Belgian Gaming Commission (GC) has announced further restrictions on the country’s gambling industry, supporting a proposed ban on ‘game shows’. Popular in Belgium since the early 2000s, the game in question functions as a form of ‘game of chance’ according to the regulatory, and requires an operating licence. Regulatory oversight for the games was first handed over to the …

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