Tag Archives: Barclays

GambleAware partners with UoB to offer guidance to UK finance

Gambling industry charity GambleAware has outlined plans to research the role that the UK financial industry can play in the support of those who experience or are at risk of gambling-related harm as part of a three-year partnership with the University of Bristol’s Personal Finance Research Centre (PFRC). The new alliance will focus upon the mitigation of financial losses incurred by problem gambling …

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Paysafe confirms Philip McHugh as inbound CEO

Paysafe Group has confirmed the inbound appointment of Philip McHugh as new Chief Executive, replacing long-term leadership incumbent Joel Leonoff. McHugh will take charge of Paysafe’s executive team on 24 June, as Leonoff takes the governance position of Vice Chairman of Paysafe’s Board of Directors. A twenty-year executive, specialising in digital payments, retail banking and corporate finance, McHugh joins Paysafe …

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DCMS calls for a review & evidence on credit wagering

Jeremy Wright, the UK Secretary of State for the Department of Digital, Culture, Media and Sport (DCMS), is set to review gambling’s relationship with debt/credit transactions. In a move to develop a more socially responsible sector, Wright and DCMS will summon gambling and retail banking leadership, discussing government and social concerns on debt/credit funded wagers. UK news sources report that government …

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Winning Post – UK racing puts safety first

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. New Zealand: NZRB – the trouble with monopolies? New Zealand Racing Board’s results to July 2018 demonstrate continued progress online, with 20% growth in customers to 230,000 (nearly 5% of NZ’s population), …

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Barclays adds ‘gambling-block’ component to UK accounts

Barclays has confirmed that it will become the first UK high-street bank to integrate a ‘gambling-block’ component across its customer-facing digital platforms. Updating the media, Barclays informs that the gambling-block feature will allow customers to turn-off engagements/transactions with all gambling-related properties – retail bookmakers, casinos, racetracks, lottery and digital betting enterprises. The gambling-block feature has been co-developed with citizen financial …

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The Stars Group triggers new public share offering to close Sky Bet acquisition

Issuing a corporate update, Toronto TSX-listed The Stars Group Inc, has today disclosed its supplementary prospectus related to its proposed new public share offering. Updating the market, the Stars Group’s treasury will move to implement a 15 million common share placement, which will be additionally supported by secondary 6 million share disposal undertaken by existing corporate shareholders. Stars Group governance …

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SIS creates Director of Software Engineering role for Mike Jones

SIS has appointed Mike Jones in a newly created role for its senior leadership team. Following a successful 6-month interim period starting in February 2016, he has become the Director of Software Engineering for the company. Based at SIS’ headquarters in Milton Keynes, Jones will be working with SIS teams in London and Salford to drive a transformation in the …

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William Hill rejects ‘risky’ Rank-888 consortium bid

The board of William Hill Plc has moved to reject the £3.3 billion takeover bid proposed by the strategic consortium of Rank Group and 888 Holdings. Quick to reject Rank and 888’s offer which was formally issued this afternoon, William Hill governance stated that the proposed deal ‘substantially undervalued’ its corporate enterprise, choosing not to forward the bid to its …

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Amaya sounding out investment partners via Barclays

Amaya Inc is still sounding out potential investors as it weighs up the bid for the group led by embattled CEO & Chairman David Baazov, who is currently on a leave of absence from the company as he battles insider trading charges. The firm is also on the hunt for a new leadership team as Baazov and CFO Daniel Sebag have revealed …

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Betfair investors net £260 million in share offload

Reacting to strong market interest driven by its announced £6 billion merger with competitor Paddy Power, top shareholders in Betfair have sold up to 8 million shares at £32.50 according to Barclays the firm’s sole trading book-runner. The mass sale of Betfair shares was conducted by Brussels based investment firm La Peigne SA, which manages investments on behalf of Bernard …

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