Europe

Kentucky Derby on Racing UK

SBC News Kentucky Derby on Racing UK

Racing UK will televise America’s most prestigious race, the 2014 Kentucky Derby, in an exclusive programme aired on Saturday night. The Churchill Downs meeting will feature bookies’ favourite, California Chrome, and is due off at approximately 11.24pm. The specialist UK and Irish horseracing channel will incorporate the award-winning NBC coverage from the course, with Angus McNae and James Willoughby on-hand …

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Codere secures extension to restructure debt holdings.

SBC News Codere secures extension to restructure debt holdings.

Embattled Spanish listed gambling operator Codere SA, has been granted an extension to negotiate its €1.1 billion debt (£935 million). Codere pleaded to Spanish government courts that the operator needed more time in order to restructure its debt bonds in order to avoid creditor insolvency. Codere SA have been granted a ten day extension to prove its debt strategy  by …

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EveryMatrix’s Alexandru Teodorescu on B2B providers changing dynamics

SBC News EveryMatrix's Alexandru Teodorescu on B2B providers changing dynamics

Team SBC catches up with  Alexandru Teodorescu Senior Sales Manager for EveryMatrix, to discuss the changing role of software providers in igaming. Ahead of the upcoming Betting on Football Conference (8 May Stamford Bridge) Alexandru discusses current impacts, player habits and future trends that will effect software and gaming provisions for the sector. Alexandru Teodorescu has nine years of experience within the …

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Princess brings its casinos online

SBC News Princess brings its casinos online

Land-based casino network Princess Casinos International is launching its own online gaming and sports betting website. The group currently operates 36 casinos in Europe, South America, Asia and Africa and aims to target existing players visiting the operator’s vast network of land-based locations, and new internet gaming customers. SoftSwiss, an Austrian casino software and game supplier, has been chosen to …

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Paddy Power’s Andy McCue hits out at planning restrictions

SBC News Paddy Power's Andy McCue hits out at planning restrictions

UK bookmakers have reacted to yesterday’s government announcement which let local authorities limit the number of betting shops on Britain’s high streets. Betting shops will now be treated differently to other UK retailers, as betting shop planning applications will be subject to far more scrutiny by local authorities. Industry reaction to the announcement has garnered a mixed response by UK …

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Austrian restrictions fall foul of EU law

SBC News Austrian restrictions fall foul of EU law

The European Gaming and Betting Association (EGBA) has welcomed the ruling of the Court of Justice of the European Union (CJEU) which highlights the fact that Austria’s gambling laws are in breach of EU law. The ruling in the Pfleger case largely follows the Opinion issued by AG Sharpston on 14 November 2013, in which a a restrictive regime can …

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ABB: Gambling law should be ‘based on facts, not scaremongering’

SBC News ABB: Gambling law should be 'based on facts, not scaremongering'

The Association of British Bookmakers (ABB) has warned that any changes to betting shop regulations to tackle problem gambling should be ‘based on facts, not scaremongering’. In response to the government’s new plans to impose greater restrictions on gaming machines, gambling advertising and LBO planning laws, the ABB has accused the government of failing to listen to the one million …

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Has gambling advertising reached its watershed?

SBC News Has gambling advertising reached its watershed?

Today Helen Grant MP described gambling advertising as ‘pervasive’ while announcing a set of measures clamping down on the betting industry, put together as much for enhanced player protection as they have with one eye on next’s year’s General Election. While it obviously isn’t a good sign for the gambling industry (or indeed the TV companies), the government has actually …

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