Ted Menmuir

UEFA confirms indefinite Finals postponement

SBC News UEFA confirms indefinite Finals postponement

UEFA, the governing body of European football, has confirmed that all club finals have been ‘postponed indefinitely’ as a result of the ongoing COVID-19 crisis. Last night, UEFA issued a short statement confirming its decision to postpone its roster of May finals for the Champions League and Europa League tournaments for both men and women’s football. In its update, UEFA …

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Maxima delivers comprehensive legal guidance via Complitech

SBC News Maxima delivers comprehensive legal guidance via Complitech

Global compliance agency Maxima has announced the launch of its ‘Complitech’ database solution, which outlines legislative and technical requirements for more than 20 online gambling markets. The Complitech database has been designed to deliver betting executive teams with acute information on all technical requirements needed for operators to launch product to new markets. Maxima detailed that Complitech provides “up-to-the-minute product compliance information …

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IGT names Max Chiara as inbound Group CFO

SBC News IGT names Max Chiara as inbound Group CFO

IGT has concluded its four-month executive search after confirming the appointment of  Massimiliano ‘Max’ Chiara as its new Group Chief Financial Officer (CFO), effective from 6 April 2020. Max Chiara will replace long-term CFO Alberto Fornaro, who ended his nine-year tenure leading IGT’s financial units last December, joining South Korean e-commerce retailer Coupang Group.  Updating investors, IGT has stated that …

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Malta businesses criticise the country’s COVID-19 rescue package

SBC News Malta businesses criticise the country’s COVID-19 rescue package

Malta’s business community and trade unions have urged the government to rethink terms and conditions attached to its €1.8 billion COVID-19 ‘rescue package’. Last week, Malta’s new Prime Minister Robert Abela presented the Labour Party’s COVID-19 economic pledge, focusing on maintaining liquidity of Malta businesses. The Malta Treasury’s headline policy saw the government commit to a €1.6 billion liquidity fund which …

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Sportech boosts commercial muscle by appointing Ben Warn as Non-Executive Director 

SBC News Sportech boosts commercial muscle by appointing Ben Warn as Non-Executive Director 

International racing and wagering systems provider Sportech Plc has expanded its leadership after confirming the appointment of Ben Warn as a Non-Executive Director.    With 20 years experience as an industry executive, Warn has led product and consumer strategies for a number of tier-1 betting companies such as Sky Bet, Rank Group and UKbetting Plc. Prior to joining Sportech, Warn also served …

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Dominik Beier – Interwetten unafraid to test its legacy in Nigeria

SBC News Dominik Beier - Interwetten unafraid to test its legacy in Nigeria

Dominik Beier, Group CEO of DACH markets legacy sportsbook Interwetten has spoken to SBC on his firm’s African market ambitions, which will launch imminently within Nigeria. Prior to global betting’s COVID-19 disruption, Interwetten’s executive team had announced that the sportsbook had secured a ‘national licence’ from Nigeria’s Lottery Regulatory Commission (LRC). The announcement sees Beier undertake a key strategic leadership …

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Premier League seeks six week window to finish season

SBC News Premier League seeks six week window to finish season

UK media has this weekend reported that the Premier League is reviewing plans to resume its current football season on 1 June, seeking a six-week period in which to complete proceedings. 1 June has been detailed as the Premier League’s ‘target date’, however, plans remain tentative as further COVID-19 developments unfold disrupting UK sports scheduling. The Premier League is seeking a six-week …

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Codere secures €20m loan to safeguard Mexico unit

SBC News Codere secures €20m loan to safeguard Mexico unit

Bolsa Madrid gambling group Codere SA has informed investors that it has secured a further €20 million loan which will support its Mexican business unit.  Sanctioned on Friday 13 March, Codere governance secured access to an additional MXN 500-million-peso bond (€20 million) with debt terms set for maturity in 2025.   Updating investors, Codere stated that the loan has been sanctioned …

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ITV Racing nets late Thurles Ireland broadcast

SBC News ITV Racing nets late Thurles Ireland broadcast

Updating stakeholders, ITV Racing has confirmed that it has secured a last minute deal which will see it broadcast this Saturday’s Irish horse-racing event in Thurles. The announcement follows on from news that Horseracing Ireland (HRI) would continue its race fixtures behind closed doors for the foreseeable future amidst the coronavirus pandemic. The company will broadcast five races on ITV4 with the show being presented by Ed Chamberlin alongside …

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UKGC maintains National Lottery tender timetable

SBC News UKGC maintains National Lottery tender timetable

Amid fast-changing COVID-19 developments, the UK Gambling Commission (UKGC) has detailed that it will maintain its fourth National Lottery competition timeline. International and domestic suitors had detailed concerns that the National Lottery tender would be delayed or postponed by the Commission in view of UK  COVID-19 disruptions. Issuing a statement to SBC, the Gambling Commission said: “We are carefully monitoring …

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