Ted Menmuir

DCMS confirms FOBT stake cut and demands enhanced player protection

SBC News DCMS confirms FOBT stake cut and demands enhanced player protection

Updating the market this morning, the UK Department for Digital, Culture, Media and Sport (DCMS) has opened a ’12-week consultation period for proposals on ‘changes to gaming machines and social responsibility requirements across the UK gambling sector’. The three Parliamentary Secretaries leading the government’s triennial industry review; Karen Bradley (Head of DCMS), Tracey Crouch (UK Sports Minister) and Lord Ashton …

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Funding & Transparency – Marc Etches writes open letter to industry stakeholders

SBC News Funding & Transparency - Marc Etches writes open letter to industry stakeholders

Marc Etches the Chief Executive of independent industry charity GambleAware has written an open letter to industry stakeholders regarding funding and transparency for sector problem gambling initiatives. As previously detailed, Etches states that current voluntary donation system is failing, with GambleAware set to be 60% below its funding target for its year-to-date operations. As Leader of GambleAware, Etches states that …

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October pains… UK DCMS expected to delay final judgement on FOBTs wagering

SBC News October pains… UK DCMS expected to delay final judgement on FOBTs wagering

UK newspapers The Times and The Guardian have reported that the Department for Digital, Culture, Media and Sport (DCMS) will seek to open a further ‘12-week consultation period’ for its ongoing review of FOBTs wagering levels. At present, it appears that DCMS will delay its judgement on whether to reduce FOBTs wagering from £100 max-bet to the reported options of £50, …

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Fred Done celebrates 50-years in the betting game

SBC News Fred Done celebrates 50-years in the betting game

Betfred founder Fred Done (74) is celebrating his 50th year in business, stating to the Manchester Evening News that he ‘will not slow down’. Alongside brother Peter, Fred Done opened his first betting shop ‘Done Bookmakers’ In Pendlebury, Salford, on September 4, 1967. Heading up the family business, Done would create a UK betting behemoth in Betfred which today operates …

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Kambi and LeoVegas agree on long-term sportsbook contract extension

LeoVegas Championship

Updating the market, Kambi Group Plc has informed that it has secured a multi-year contract extension with Stockholm-listed online gambling group LeoVegas AB, which will see the firm continue to act as lead sportsbook platform supplier for LeoVegas Sports. The contract extension follows the successful launch of LeoVegas Sports in 2016, which has become one of Kambi’s fastest growing clients. …

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RISQ launches £25 million jackpot RNG booster

SBC News RISQ launches £25 million jackpot RNG booster

Industry insurance specialist RISQ has launched its new ‘gaming first’ random number generator platform boosting client jackpots by up to £25 million. The industry-specific generator can be attached to a number of client games including slots, tables games, lottery, keno, bingo, and instant win. Furthermore, RISQ states that clients will be able to tailor the generator to individual needs for …

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Tabcorp reviews current business assets as Tatts merger decision looms

SBC News Tabcorp reviews current business assets as Tatts merger decision looms

Entering a new financial year, Australia ASX-listed gambling group Tabcorp Holdings has detailed a solid opening for its 2018 operating guidance, publishing its opening quarter trading statement (period ending 30 September). Although no longer required to provide quarterly trading statements, due to its ongoing merger with Tatts Group, Tabcorp governance has proceeded to update its investors and stakeholders. Tabcorp would …

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Kambi confident that strengthened commercial pipeline will overcome current trading woes

SBC News Kambi confident that strengthened commercial pipeline will overcome current trading woes

Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships. Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its …

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Up the Tempo… Enlarged Kindred Group delivers ‘All Time High’ trading quarter for Q3 2017

SBC News Up the Tempo... Enlarged Kindred Group delivers 'All Time High' trading quarter for Q3 2017

Presenting its Q3 trading update (period ending 30 September), an enlarged Kindred Group Plc continues to deliver for its investors, declaring an ‘all-time high’ quarter for revenue and profits. Trading against a tough Q3 2106 comparative period (featuring Euro 2016),  Stockholm-listed Kindred Group would generate group revenues of £194 million up 36% on Q3 2016’s £142 million. Year-to-date Kindred has surpassed …

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‘Psyche of Champions’…William Hill announces shortlist for Sports Book of the Year 2017 award

SBC News 'Psyche of Champions'...William Hill announces shortlist for Sports Book of the Year 2017 award

William Hill has announced the seven books which have made its  ‘Sports Book of the Year’ 2017 award shortlist, the most prestigious prize in English sports literature. The bookmaker’s diverse ‘final seven’ encompasses swimming, football, cycling, boxing and horse racing and are united by the rich and complex history running through their titles and storylines. The SBOTY 2017 shortlist features …

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