UK

Trainers blast ‘ridiculous’ cuts to Arc prize-money

Mark Johnston, a leading horse trainer, has blasted the Arena Racing Company’s (Arc) contribution to the prize-money as the racing group prepares to offset the government cuts to FOBT stakes. Arc announced in December 2018 that it “simply cannot continue” to maintain its current contributions to the prize-money fund, and would be issuing a reduction to its contribution by £3m. …

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Gaming Realms agrees on takeover of Bear Group

MGA - Copyright: opolja / 123RF Stock Photo

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

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Catena restructures board as Optimizer Invest decreases shareholding

The governance of Stockholm-listed industry affiliate marketing network Catena Media has confirmed that it will put forward the appointments of Göran Blomberg and Per Widerström as new members of the board, to be voted on at the firm’s upcoming AGM scheduled for 2 May 2019. Issuing a corporate filing, Catena governance discloses that Optimizer Invest senior partners Henrik Persson Ekdahl …

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Government issues racing assurances over ‘no deal’ Brexit

The Government has emphasised it will help owners to navigate the new processes for moving horses and other equine animals from the UK to EU member states, in the event event of a ‘no deal’ Brexit. Although, leaving the EU with a deal remains the top priority, the government is continuing with ‘no deal’ preparations to ensure the country is …

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More bets wagered on Six Nations as England tipped for success

rugby

UK punters’ interest in the Six Nations has continued to grow, with 26 per cent more bets being placed in comparison to this time last year. Ahead of this weekend, Wales vs England has proven to be the most popular betting event of the tournament so far, with five times more bets being placed on this game in comparison to …

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Maltco Malta tasks Vermantia with delivering bespoke racing channel

Vermantia specialist in immersive gaming/betting content has announced that it will expand its live horse racing channel within Malta, securing a partnership with Maltco Lotteries, operator of Malta’s largest retail network. The partnership will see Vermantia develop and deliver a bespoke channel for Maltco properties, featuring round-the-clock coverage of races from the UK, US, Australia, India and South Africa. Vermantia secures …

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The attack of the killer B’s and the threat of player tracking!

SBC America’s Chris Murphy wonders whether the gaming industry will get on track with the latest proposals around machine play and social responsibility. We can only hope that anyone from the Category B gaming machine sector was seated when they read through the Gambling Commission’s latest missive this week, calling for evidence on said machines. The implied message is that …

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UK Finance joins efforts to support responsible gambling

UK Finance, a trade association for the UK banking and financial services sector, has vowed to join the efforts in combating problem gambling, after the UK Gambling Commission had announced the launch of its consultation on using credit cards to gamble. The gambling regulator has supported the idea that consumers should not have the ability to gamble with money that …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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Two consultations launched on high prize machines and online credit card use

The Gambling Commission is inviting members of the public, gambling businesses and other stakeholders to provide their views on two key issues as part of its work to prevent gambling-related harms. The Commission is requesting views and data on the issue of gambling online with credit cards and, separately, on improving player control measures on all Category B gaming machines, …

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