Ted Menmuir

Martin Lycka – Responsibility is resilience during these testing times 

GVC Holdings Director of Regulatory Affairs Martin Lycka explains how 2020 events have handed the industry a crisis agenda that incumbents must accept and match with responsibility and good faith… The stakes have never been placed this high on operator conduct. ______________________ Sunday morning – end of winter. With the NHL and the NBA regular seasons entering their final quarter, …

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William Hill leadership forgoes 2020 incentives to protect retail workforce

Ulrik Bengtsson Group Chief Executive of William Hill Plc has agreed to relinquish his executive performance rewards and entitlements for 2020, in light of ongoing COVID-19 impacts on the business and its global workforce. William Hill confirmed Bengtsson’s decision publishing the FTSE250 betting group’s ‘2020 Executive Remuneration’ report this afternoon. Countering COVID-19 disruptions across its business channels, William Hill governance states …

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Stars Group institutional advisors back Flutter combination

Supporting its current merger schedule, the board of The Stars Group Inc (TSG) has revealed that independent advisories’ ISS Governance and Glass Lewis have approved deal terms backing a multibillion-pound combination with Flutter Entertainment. ISS and Glass Lewis were appointed by TSG investors to act as independent institutional advisors, undertaking due diligence of deal terms for the benefit of TSG …

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Wayne Rooney speaks from experience to support 32Red’s ‘Know Your Limits’ campaign

Kindred Group’s online betting subsidiary 32Red has announced the next instalment of its ‘Know Your Limits’ campaign, fronted by brand ambassador Wayne Rooney. The responsible gambling campaign sees Rooney interact with former boxer Carl Frampton and jockey Paddy Brennan, asking candid questions related to gambling behaviour and awareness.  Rooney, 34, who has been open about his own gambling issues in …

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Esports Insider – No room for passive play as betting accelerates its esports profile

Esports Insider (ESI) has published its latest ‘Gambling Report’, detailing critical insights, observations and opinions on the growing take-up of esports betting markets and related inventory by industry incumbents. A two-part series authored by ESI correspondent Cody Luongo, the report is published at a time when all bookmakers are revising their player offerings countering global COVID-19 disruptions. With traditional sports …

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Belgium BGC appoints Judge Clavie as new President

Restructuring its leadership frameworks, the Belgian Gambling Commission (BGC) has confirmed the appointment of Magali Clavie as new President. A former Brussels High Court Judge specialising in adjudicating criminal convictions, Clavie takes charge of the BGC having previously served as President of Belgium’s Supreme Council of Justice. Updating stakeholders, the BGC underlined that it has secured one of Belgium’s top …

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Codere fights for survival as debt bonds are classified to junk status

Codere SA is reported to be fighting for its survival, seeking new investment options to refinance its long-standing €900 million corporate debt bonds. Spanish business news source El Confidencial has reported that the Spanish gambling group has sanctioned Bank of America to lead renegotiations with bondholders for a further two-year extension on debt maturity terms which are set to expire in 2021. …

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FDJ secures ‘favourable’ €380m loan to repay French state duties

Française des Jeux (FDJ) has secured access to a €380 million syndicated loan, in which funds will be utilised to repay the French state’s agreed 25-year national lottery operating concession. Prior to becoming a publicly listed enterprise by floating on the Paris Euronext Exchange last November, the French government had granted FDJ a 25-year extension on its existing national lottery …

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BGC takes over The Senet Group’s duties and responsibilities

UK gambling standards association The Senet Group has this afternoon confirmed that it will transfer its responsibilities outright to the newly formed Betting and Gaming Council (BGC). Established in 2014, the Senet Group was initially formed by the UK’s legacy ‘Big 4’ high-street bookmakers’ Ladbrokes, Coral, William Hill and Betfred in a move to streamline industry responsibility standards. Significant achievements …

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Talk to Frank… Paddy Power launches first sitcom series ‘The Mascot’

Keeping audiences entertained during lockdown, Paddy Power has become the first bookmaker to launch a comedy mini-sitcom series titled ‘The Mascot’, which will be broadcast across its social media profile.  The four-part sitcom scripted by Noel Slevin and Steven Quick of Paddy Power’s Social Media team follows ‘Frank the Dinosaur’, the former disgraced mascot of Basildon Athletic FC.  The Mascot …

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