Swedish state-owned gambling operator Svenska Spel is in search of a new leader, following the resignation of Lennart Käll as Chief Executive. Updating the market, Käll confirmed that he would end his leadership tenure this coming summer, stating that it was time for Svenska Spel to be guided by a fresh face. Käll has served as Svenska Spel CEO since 2011, restructuring …

New York-listed gambling technology and lottery systems supplier IGT Group has confirmed the promotion of Kim Barker Lee to the newly created role of Vice President of Corporate Diversity & Inclusion. IGT governance confirms that Barker Lee will be tasked with implementing the group’s first ever ‘global diversity strategy’, working alongside IGT leadership and HR functions. The executive appointment will …

FTSE online gambling group GVC Holdings has confirmed that it will move to appeal its recently sanctioned ‘tax audit assessment’ by the Greek Audit Centre for Large Enterprises. Updating the market, GVC reveals that it has been charged with a tax assessment of €187 million for its Greek subsidiary’s performance for the audit periods of 2010 and 2011. During the …

Dan Spillane the General Counsel of the NBA has detailed to the New York Senate on Racing and Gaming, that the NBA believes that the ‘time has come for a different approach’ to sports wagering. Having studied the subject matter for a number of years, the NBA’s governance seeks to act on the front foot with regards to developing US …

US gambling industry strategist Chris Grove, Managing Director of Eilers Research outlines the US betting landscape in 2018. As New Jersey and US pro-betting advocates fight to repeal PASPA laws, Grove details to SBC readers stakeholder-wide concerns relating to licensed sports betting, which if approved will be implemented within a changing US sports landscape. _____________________ SBC: Hi Chris, great to …

Ladbrokes marketing has vowed to place social responsibility at the forefront of its renewed Scottish Professional Football League (SPFL) sponsorship. The bookmaker has been the title sponsor of the SPFL since 2015, and yesterday confirmed that it had renewed the partnership for a further two seasons of Scottish football, in a deal reported to worth £5 million. As lead SPFL …

Issuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation (SGC) has detailed that it expects to deliver higher group revenues, combined with a narrower net loss for its Q4 2017 performance. Publishing a ‘preliminary’ Q4 trading update, SGC governance expects a 9% increase in group consolidated revenues in the range of approximately $820-to-$825 million. Closing a busy Q4 …

Issuing a market update, FTSE-listed online gambling group GVC Holdings has confirmed that former party.bwin Entertainment Chief Executive Norbert Teufelberger has stepped down from his duties as a company Non-Executive Director. Teufelberger had been appointed a GVC Holdings governance member, following the company’s 2016 £1 billion outright acquisition of bwin.party Entertainment. Updating stakeholders, GVC announced that Teufelberger had finished his …

Movie insiders have deemed the 2018 Academy Awards, as the most unpredictable ‘Oscars Race’ in Hollywood’s history. On Tuesday, The Academy presented its most eclectic field of movie contenders to ever compete for the ‘Best Motion Picture’ category. The Academy’s ‘final nine’, sees a horror film, a fantasy drama, a female comedy and a summer blockbuster compete for Oscars 2018 …

Bloomberg News has reported that US telecoms giant Verizon, is monitoring closely the potential opening of the US sports betting market, as the company seeks to diversify its assets. The Fortune500 mobile carrier is reported to have had a number of meetings with industry consultants, assessing the current US gambling landscape, for the potential launch of a ‘sports-centric’ online gambling …