Ted Menmuir

UK Government moves to implement reformed UK Racing levy

SBC News UK Government moves to implement reformed UK Racing levy

The UK government has moved forward with plans to reform UK racing’s levy, which will see the introduction of mandatory contributions from all betting operators that take bets on the sport, regardless of channel. This weekend, UK Sports Minister Tracey Crouch confirmed the government’s plans, which will see licensed betting operators charged a 10% fee on gross profits from wagers …

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Betcade confirms that it will cease operations this January

SBC News Betcade confirms that it will cease operations this January

Issuing a corporate statement, David Chang the CEO & Founder of dedicated ‘real-money’ gaming/gambling app store Betcade has informed stakeholders and the media that his firm will cease operating by the end of January 2017. Updating the market, Chang did not detail specifics as to why Betcade has chosen to stop its operations. Chang thanked all stakeholders associated with the …

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Playtech hires Alex Latner as new General Counsel

SBC News Playtech hires Alex Latner as new General Counsel

FTSE-listed gambling technology provider Playtech Plc has confirmed that it has appointed long-term legal adviser Alex Latner as its new General Counsel.  Latner has prior experience of working with Playtech governance, having advised the company as a partner of London law firm Berwin Leighton Paisner (BLP) on several corporate acquisitions, important industry transactions and legal disputes. The appointment of Latner …

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FDJ extends French LFP football partnership

SBC News FDJ extends French LFP football partnership

Ligue de Football Professionnel (LFP), French football’s governing body has confirmed that it has extended its partnership with national lottery and gambling operator Française des Jeux (FDJ) for a further four years. FDJ has acted as official gaming partner of LFP leagues since 2009, and will now continue its sponsorship until the end of the 2019/20 French football season. Continuing …

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Matchbook secures Jockey Club multi-race title sponsorship

SBC News Matchbook secures Jockey Club multi-race title sponsorship

Online betting exchange Matchbook (Matchbook.com) has expanded its presence within UK racing by agreeing a multi-race title sponsorship with British racecourse operaor The Jockey Club. Announcing the partnership, Matchbook marketing detailed that the exchange had secured title sponsorship of 16 fixtures at Sandown Park and Kempton Park racecourses. Furthermore, Matchbook will sponsor a number of Jockey Club syndicated races at Kempton …

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CONMEBOL ups integrity monitoring capabilities with Sportradar’s ‘Fraud Detection System’

SBC News CONMEBOL ups integrity monitoring capabilities with Sportradar’s 'Fraud Detection System'

CONMEBOL the South American Football Confederation has confirmed that it will join Sportradar’s integrity program with a view of optimising its mechanisms in detecting, monitoring and investigating match-fixing within its syndicated football matches/competitions. Confirming the strategic partnership, Sportradar will install its match data monitoring, Fraud Detection System monitoring the global betting market across a host of South American football leagues …

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Paysafe governance confident of outperforming 2016 revenue & earnings guidance

SBC News Paysafe governance confident of outperforming 2016 revenue & earnings guidance

Issuing an ‘unaudited’ full-year trading update, FTSE 250 listed payment provider Paysafe Group stated that combined momentum of its enlarged group would see the firm exceed $1 billion in corporate revenues.  Updating investors, Paysafe governance stated that a strong second half to FY 2016 would see the company report top-line metric guidance towards the upper end of its corporate guidance. …

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Betting industry asks…How long can President Trump last?

SBC News Betting industry asks...How long can President Trump last?

With President-Elect Donald Trump taking full US Presidential duties on 20 January (inauguration date), bookmakers are wondering whether ‘The Donald’ will survive a full four-year term as leader of the United States of America.   Trump who yesterday gave his first official press conference as President-Elect, having won the US Election on 8 November reemphasized to the world’s media that …

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NYX appoints Todd McTavish as group Legal Officer

SBC News NYX appoints Todd McTavish as group Legal Officer

Issuing a corporate update, Toronto TSX-listed NYX Gaming (NYX) has confirmed the appointment of Todd McTavish to its executive leadership team, taking on the group role of Chief Legal Officer (CLO). McTavish will be charged with leading NYX group legal and compliance functions across all divisions of NYX expanded operations following the firm’s significant growth via multiple acquisitions within the …

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Playtech opens Bucharest live gaming studio

SBC News Playtech opens Bucharest live gaming studio

Seeking to optimise its live gaming content services, FTSE-listed gambling technology firm Playtech Plc has confirmed that it has opened a ‘state-of-the-art’ studio facility in Bucharest (Romania) to cater for growing demand in licensees in newly regulated Eastern European markets. The Bucharest studio will employ native dealers in live broadcasts for Playtech gaming content clients. The new studio will further …

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