Retail

All the news form the retail betting sector

Elite sport to continue under new national lockdown

Elite sport to continue under new lockdown

Elite sport has been given the green light to go ahead across the UK following the government’s announcement to introduce a third lockdown. Yesterday, Scotland’s First Minister Nicola Sturgeon and Prime Minister Boris Johnson introduced a series of measures to curb the spread of coronavirus, including the closure of schools and universities. The retail betting sector was also dealt a …

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Entain says £8bn MGM Resorts offer ‘significantly undervalues’ company but asks for more information

Diversified Entain rides out 2020 retail storms

Responding to press speculation, the Board of Entain has confirmed that it has received proposals from its US partner MGM Resorts International (MGMRI) concerning a possible offer for the company, but has quickly poured cold water on any deal being agreed in the short-term. Reports emerged in the Wall Street Journal yesterday that MGM had made a fresh approach for …

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MGM Resorts makes moves to acquire Entain Group

US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …

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BHA’s Nick Rust honoured with OBE

Nick Rust, the British Horseracing Authority’s Chief Executive, will receive an OBE for his services to the sport of horse racing.  Having served in his position for nearly six years, Rust will officially step down as chief executive from 1 January.  During his tenure, Rust has dealt with various challenges including the changes to the Levy, overseeing the review of …

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Caesars takeover of William Hill set to go ahead after antitrust period cleared

The antitrust period for Caesars Entertainment’s takeover of bookmaker William Hill has been cleared, it was revealed this week. In a statement, the Nevada-based casino operator commented: “Caesars continues to progress through obtaining all necessary regulatory approvals required to close the transaction and is still aiming to complete the proposed combination in March 2021.” The antitrust waiting period is a …

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Spain to form new body on ‘gambling harmonisation’

Spain’s DGOJ has signed a new ‘collaborative accord’ which aims to establish a ‘new technical body’ charged with harmonising Spain’s federal gambling laws, standards and market controls. The regulatory agency for Spanish gambling will work with ‘UNE’ – the ‘standardisation body’ formed by the Ministry of the Economy to comply with EU competition standards across Spain’s 17 autonomous regions. The …

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GiG enlisted by Rootz for marketing compliance tool

Malta-based casino operator Rootz has reached an agreement with Gaming Innovation Group to make use of its GiG Comply compliance tool. The firm’s compliance monitoring system scans over 30,000 web pages each day for various types of content including igaming code red words, links and regulatory requirements across multiple jurisdictions. In addition the marketing compliance tool can be adapted to …

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FanDuel makes Atlantic City sportsbook debut with Bally’s AC

Gaming company FanDuel Group has announced the launch of its Sportsbook at Bally’s Atlantic City Hotel and Casino, in cooperation with Bally’s Corporation. The launch is the first capital improvement project at the property after Bally’s completed the purchase in November, and although initially a temporary offering design and construction on a permanent venue is underway. New York-based FanDuel will …

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Diversity in Racing Steering Group publishes annual update

The Diversity in Racing Steering Group (DiRSG) has called on British horse racing to ‘capitalise on current momentum’ and work towards more diversity and inclusivity within the sport. In light of the worldwide discussion regarding race and racism this year, the Steering Group’s annual update touches onethnic diversity, highlights important milestones and oversees the launch of a range of industry …

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Betting shops close their doors in England’s tier 4 areas

betting shops

Betting shops in London, the South East and East of England have been forced to close their doors after the regions were placed under new tier four restrictions. The new measures, which were introduced by Prime Minister Boris Johnson over the weekend, will mean that all non-essential retail – including betting shops – must close for the foreseeable future.  The …

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