Tag Archives: Barclays

William Hill Plc has achieved its bookbuild funding target, raising £224 million in working capital for its future growth strategy, maintaining its digital growth momentum, and accelerating its US wagering partnerships. Closing trading on Tuesday 17 June, William Hill announced that it had sanctioned a new share placement for 19.99% of the firm’s existing share capital. In less than 24-hours, William …

Halifax has become the latest bank operating in the UK to allow its customers to block transactions made on gambling websites, joining the likes of Barclays, Lloyds, Santander, and RBS.  The new blocking feature has been designed ‘in recognition of the ways in which the bank can support customers to manage their money and gamble responsibly’. Elyn Corfield, Managing Director …

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 …

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 …

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), …

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 …

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 …