The $3m Pegasus World Cup presented by Baccarat (G1) will be broadcast in over 135 territories through a partnership with HBA Media.  Legendary jockey Frankie Dettori will participate in the event, which marks the beginning of his international ‘swansong’ before his retirement at the end of the year. Featuring music performances from OneRepublic and Kygo, this year’s Pegasus event will …

The board of Lottomatica SPA has confirmed speculation that “it is reviewing all strategic options” with controlling shareholder Apollo Global.  The announcement was attached to Lottomatica’s Q4 and FY2022 consolidated results trading update, which underlined the firm’s improved Italian B2C performance following its divestment from IGT Plc in 2021. Strong close-of-year trading saw Lottomatica achieve Q4 group wagering of €6.7bn, …

Kindred Group, ATG and Svenska Spel have published their first ‘key metric report’ on Swedish problem gambling rates and interventions related to their individual businesses. In Autumn 2022, the businesses pledged to openly report on four key gambling harm metrics, with an update provided every six months and presented to Spelinspektionen, Sweden Gambling’s Inspectorate.   A commitment was made to “contribute …

Swedish senior clinicians have highlighted that data-lags are impeding Sweden’s healthcare network from treating problem gambling addiction effectively.  Last week, Swedish newspaper Aftonbladet featured an editorial by psychiatric clinicians citing concerns that the country’s healthcare network required deeper resources to treat and identify gambling harms.  Concerns were cited by Dr Anders Håkansson of the Malmo Addiction Clinic, who cited that …

888 Holdings has notified media that Phil Walker has been promoted to the ‘expanded role’ of Managing Director of its UK and Ireland business. Walker has formerly served as Managing Director of William Hill, overseeing the day-to-day performance of the heritage betting group’s online and retail units. The appointment sees Walker take on expanded duties, overseeing the performance and operations …

Allwyn UK remains on track to take control of the stewardship of the National Lottery in 2024, having been granted approval by the UK Gambling Commission (UKGC) to acquire Camelot UK Last November, Allwyn agreed to terms with the Ontario Teachers’ Pension Plan (OTPP) to acquire Camelot UK, a transaction needed to “help facilitate the smooth transition of the National …

SportingRisk has confirmed the appointment of Andy Phillips as Chief Commercial Officer (CCO) of the dedicated sports modelling and risk forecasting solutions provider. In his remit, Phillips will focus on expanding SportingRisk’s client portfolio and the commercial growth opportunities of new products such as PropFutures –  the firm’s client customised player prop and interval-based markets product. An expert in commercial …

The Bulgaria Football Union (BFU) has publicly stated that it does not support a ban on gambling advertising to be imposed on Bulgarian sports.  A divided National Assembly carries an agenda to reform Bulgaria’s existing gambling laws, in which MPs have been urged to consider a ban on gambling advertising and the privatisation the state-owned Bulgarian Sports Totalisator (BST). Last …

The Premier League has been threatened with an investigation unless club bosses ‘provide satisfactory answers’ as to why clubs have partnered with TGP Europe, an Isle of Man business linked with jailed Macau tycoon Alvin Chau.  Grabbing Asian business headlines last week, Chau – the former CEO of ‘junket operator’ Suncity Group – was sentenced to 18 years in prison …