Retail

Scientific Games appoints Rich Schneider as group product strategy lead

Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has confirmed the appointment of Rich Schneider as Group Chief Product Officer (CPO). A key new hire for SGC, Schneider has joined the executive team from Australia ASX competitor Aristocrat, where he served as CPO leading creative studios, hardware and product development. Updating investors, SGC governance details that it has secured an ‘industry …

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FDJ accounts for €50 million Q1 COVID-19 damages 

A strong opening to 2020 trading for Francaise des Jeux (FDJ) has been halted by COVID-19 disruptions, said the company, impacting its lottery and sports betting retail networks. According to its Q1 2020 trading update, FDJ has recorded a 5% decline in stakes to €4.1 billion (Q12019: €4.3bn), underlining a 60% drop in retail sales since 16 March – the …

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DCMS demands further ‘proactive steps’ to protect punters during lockdown

The government has urged UK gambling operators to ramp up its protection measures during the COVID-19 lockdown in a bid to mitigate what it has described as a “heightened risk of problem gambling”. In a letter to five chief executives of the largest gambling companies, the sports minister Nigel Huddleston (DCMS) has emphasised that “messages warning of risks and signposting …

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GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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SIS extends German Tote partnership

Racing content and data services provider Sports Information Services (SIS) has confirmed that it has added a multi-year extension to its existing rights agreement with the German Tote. The extended partnership will allow SIS to include coverage of German horseracing across all of its verticals, including retail and digital 24/7 channels, and to be sold as standalone content on a …

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Betting wins Upper Tribunal decision against HMRC in FOBTs VAT dispute 

UK bookmakers could secure compensation for previous tax charges made against gambling machines, after HM Revenue & Customs (HMRC) lost its long-standing dispute against Rank Group and Betfred. Last Friday, an Upper Tribunal led by Justice Anthony Mann and Judge Thomas Scott ruled in favour of the betting firms who had long disputed HMRC’s classification of VAT charges on Fixed …

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UK racing secures £22m hardship fund

A £22 million ‘hardship fund’ has been launched by The Horserace Betting Levy Board (Levy Board) and the Racing Foundation supporting horseracing stakeholders impacted by the COVID-19 crisis. The newly reformed Levy Board acts as a non-departmental public body, in charge of collecting and organising the finances of  UK racing through betting taxes, fundraising and further on-course activities. Its counterpart the …

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UK Tote gains international ‘commingling pool ecosystem’ with Sportech

Entering a multi-year agreement, the new UK Tote Group is set to expand its international wagering capacity by utilising Sportech Plc systems and technologies.  The UK Tote will use Sportech’s flagship ‘Quantum System’ to enhance its commingling capabilities by securing data to Sportech’s global partnerships with leading race organisers such as The Hong Kong Jockey Club (HKJC)  The Quantum system …

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BHA extends racing suspension beyond end of April

The British Horseracing Authority (BHA) has confirmed that the suspension of racing will be extended, with a date for resumption yet to be decided. Racing was initially suspended on March 18 following the government’s decision to introduce the current lockdown measures which seek to protect essential emergency services and the health and safety of the public. But while a new …

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France Galop eyes May return for French Racing

France Galop, the governing body of French horseracing, is awaiting government approval to restart its racing schedule behind closed doors. Updating the media, France Galop seeks to resume its track meetings in May following the enforced suspension of all French professional sports on 17 March, complying with the government’s national lockdown orders. This weekend, President Emmanuel Macron confirmed that France’s …

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