Former Jockey Club and Racecourse Media Group (RMG) Chairman Simon Bazalgette has become the Founding Chair of MyRacehorse – a business that seeks to pioneer micro-share ownership in racehorses for the general public. MyRacehorse launched its micro-share services for UK and Irish racing last month, providing the public with shares available in three horses currently in training: a £450,000 son …
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UKGC seeks guarantee on National Lottery transfer duties irrespective of Camelot challenge
The UK Gambling Commission (UKGC) has raised concerns that Camelot Group‘s legal challenge of the Fourth National Lottery Competition may delay the handover of the National Lottery’s operating contract to Allwyn UK. The concern was raised by UKGC executive John Tanner in his submission to the High Court of England and Wales, as Camelot seeks to overturn the appointment of …
Read More »Allwyn completes group-wide rebrand and identity change
Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business. Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech home market enterprise of SAZKA …
Read More »Intralot narrows Q1 losses as group reorganisation improves balance sheet results
Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The €70m increase in consolidated revenues …
Read More »Concerns raised over political links to betting sector ahead of Irish regulation
Reports in the Irish media over TDs’ attendance at a betting industry ‘VIP tent’ have prompted criticism from political rivals and in other national outlets. The Irish Daily Mail, the Ireland-facing edition of the UK’s Daily Mail, reported this week that TDs and Senators from the ruling Fiianna Fáil and Fine Gael parties attended a VIP event at Punchestown racecourse …
Read More »Andrew Rhodes takes full leadership of Gambling Commission
The UK Gambling Commission (UKGC) has confirmed that Interim Chief Executive Andrew Rhodes has been appointed to the leadership role on a permanent basis. Rhodes was appointed Interim CEO last June, following the abrupt resignation of Neil McArthur last Spring due to the Commission’s regulatory failings that were brought to life by the administration of Football Index. The former Chief …
Read More »Marcus Boyle: “Operator Accountability comes first in new era for the UKGC”
Making his first public statement as Chairman of the UK Gambling Commission (UKGC), Marcus Boyle has outlined that UK gambling requires a tougher regulatory supervisor. Writing an op-ed for The Times, Boyle stated that his initial focus had been on “identifying beneficial changes for both consumers and the industry”, in which the sector requires better regulation. Appointed last September to …
Read More »Mexican Casinos call on federal intervention to end fragmented tax policies
AIEJA – Mexico’s casino trade association – has urged the federal government to intervene and implement a unified tax framework for casinos to operate under. The association that represents land-based casino operators, games suppliers and licence holders outlined that its members supported ‘single tax payment system to help improve control over income’. At present, Mexico operates a fragmented regulatory framework …
Read More »Michael Dugher: Public favours common-sense approach to govern gambling’s future
Michael Dugher has warned the government that it risks alienating itself from public opinion should it conform to prohibitionists’ approach to gambling regulation. Writing in Commons news source Politics Home, the Chief Executive of the Betting and Gaming Council (BGC) reflected on political opinion and commentary in light of May’s Local Election results. “For the Conservatives, results showed predictable mid-term …
Read More »Norsk Rikstoto selects BetMakers’ Global Tote as tote provider
BetMakers has made further inroads on the European sports betting space, signing an agreement with Norway’s Norsk Rikstoto. The 10-year agreement will see BetMakers provide new tote technology and services to the Norwegian horse racing pari-mutuel betting operator, including its Quantum tote engine as part of a fully managed SaaS solution. Quantum will be used to replace the current pari-mutuel …
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