Ted Menmuir

Greek OPAP focuses on ‘future generations’ through legacy Athens Marathon sponsorship

SBC News Greek OPAP focuses on 'future generations' through legacy Athens Marathon sponsorship

Greek lottery and betting operator OPAP has outlined its social responsibility and fundraising initiatives, acting as the lead sponsor of the 36th ‘Athens Authentic Marathon’ (11 November 2018). Continuing its Athens Marathon legacy sponsorship, OPAP states that its underlining corporate vision is to ‘enhance Greek communities for the benefit of future generations’. Updating its stakeholders, OPAP governance has outlined three …

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Sportradar – Tennis needs to be data & technology sharp in its integrity battles

SBC News Sportradar - Tennis needs to be data & technology sharp in its integrity battles

Sportradar has published its official response to last April’s ‘Independent Review of Integrity in Tennis’ commissioned by the ‘Tennis Integrity Unit’ (TIU) representing pro tennis’ governing bodies the WTA, ATP and the ITF. In its response Sportradar supports the majority of the independent panel’s recommendations, however, the leading sports data firm outlines its concerns ‘in relation to the recommendation regarding …

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David Clifton: Licensing Expert – Time to start a constructive gambling marketing & advertising debate?

SBC News David Clifton: Licensing Expert – Time to start a constructive gambling marketing & advertising debate?

The UK Gambling Commission’s Programme Director for Consumer Protection & Empowerment, Ian Angus, has recently made a speech in which he called for “a proper and constructive debate about gambling marketing and advertising, including sponsorship arrangements in sport”. His speech included the following stark message to holders of operating licences granted by the Commission: “My advice to you is this: a storm is gathering, …

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Henrik Tjärnström: Kindred Group – ‘Industry needs a collaborative approach on sustainability’

SBC News Henrik Tjärnström: Kindred Group - 'Industry needs a collaborative approach on sustainability'

Speaking at Kindred Group’s ‘Sustainable Gambling Conference’ (16 October 2018 – Stockholm) Group Chief Executive Henrik Tjärnström details that his firm is prepared to tackle the industry’s big obstacles on social responsibility and trust. Hosting the conference, Kindred gathered over 200 guests representing regulatory agencies, researchers, therapists and its competitors. Discussing the context of industry sustainability, Kindred governance highlights the …

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SportPesa denies outright Nairobi IPO rumours

SBC News SportPesa denies outright Nairobi IPO rumours

Ronald Karauri, Chief Executive of Kenyan betting group SportPesa has moved to quash rumours that his firm will seek an IPO in 2019. On Thursday, citing unnamed sources, Bloomberg and Reuters Africa reported that Karauri and SportPesa investors were planning to list Kenya’s leading bookmaker as a Nairobi Securities Exchange (NSE) enterprise. Speculation had mounted within the Kenyan business community …

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Rank progress impacted by venue declines & digital obstacles

SBC News Rank progress impacted by venue declines & digital obstacles

Ahead of its Annual General Meeting (AGM), London-listed Rank Group Plc has released a trading statement, updating investors on corporate performance for the 16-week period to 14 October 2018. Rank governance details that group like-for-like revenues have declined by 5%, with the company impacted by a slowdown of its venue properties – Grosvenor Casino and Mecca Bingo domains. ‘Grosvenor Casinos’ …

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GVC confirms departure of Paul Bowtell as Group CFO

SBC News GVC confirms departure of Paul Bowtell as Group CFO

Further to publishing its Q3 2018 trading update, the governance of FTSE100 GVC Holdings has today confirmed the upcoming departure of Paul Bowtell as Group Chief Financial Officer (CFO).   Updating the market, GVC confirms that Bowtell will depart the company’s executive leadership team on 5 March 2019, further disclosing that Bowtell will join London private equity firm Alchemy Partners. …

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jDigital warns of black market consequences if Spain implements tough advertising code

SBC News jDigital warns of black market consequences if Spain implements tough advertising code

Mikel López de Torre, President of Spanish online gambling trade body jDigital, has warned the government that implementing stringent restrictions on gambling/betting advertising and marketing will be an ‘unnecessary step back for Spain’s gambling market’. Last week, the PSOE minority government agreed with socialist party counterpart Podemos on the provisions of Spain’s 2019 budget, which is set to carry a number …

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GVC Holdings confident of delivering its 2018 targets & objectives

SBC News GVC Holdings confident of delivering its 2018 targets & objectives

Publishing its Q3 2018 trading update (period ending 30 September), FTSE100 betting group GVC Holdings details continued corporate growth and progress on its core strategic objectives. The enlarged FTSE firm continues its strong digital momentum, recording +28% period NGR increase, detailing growth across all its major operating territories. Boosted by the closing stages of World Cup Russia 2018, GVC sports …

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Tilman Fertitta puts forward bold Caesars & Golden Nugget merger bid

SBC News Tilman Fertitta puts forward bold Caesars & Golden Nugget merger bid

US news sources have reported that casino and leisure mogul Tilman Fertitta, seeks to merge his Golden Nugget Casinos corporation with Caesars Entertainment. Fertitta the owner of NBA franchise the Houston Rockets, operates Golden Nugget Casinos through his privately owned leisure and hospitality group Landry’s Inc. Early news reports by CNBC Business and Reuters detail that Fertitta has approached Caesars …

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