UK

BGC members suspend TV and radio advertising during lockdown

Members of the Betting and Gaming Council (BGC) will voluntarily remove all TV and radio product advertising during the COVID-19 lockdown. The announcement is the latest in the series of new measures introduced by BGC members to ensure that punters are protected during the current pandemic, despite a drop in advertising spend in addition to a 10% drop in the …

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SBC Digital Summit: Betting leadership focuses on ‘reopening unknowns’

C-level leaders on the first day of the SBC Digital Summit spoke about the challenges of ‘business continuity in the face of COVID-19’ disruptions and mitigating the unprecedented circumstances that have changed global betting’s operational strategies.  The discussion was started by moderator Jordan Levin, CEO of SG Digital, who asked the panellists to detail ‘first responses’ to the COVID-19 outbreak. …

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EPIC: Education and research is key to mitigating problem gambling 

In recent weeks, government officials have called upon the gambling industry to ramp up protection measures and provide additional funding for problem gambling treatment during the COVID-19 lockdown.  Speaking to SBC, EPIC Risk Management CEO Paul Buck explained that while additional funding for treatment would be welcome, further support for both research and education is key in mitigating gambling related …

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SBC Digital Summit: “Partnerships will be proved in crisis” – Carsten Koerl

Sportradar CEO Carsten Koerl said that the strength of its partnerships will be “proved in crisis” after the postponement of almost all live sports events brought inevitable challenges and demanded quick changes to the company’s business strategy. Delivering the day-one keynote at this week’s SBC Digital Summit, kicking off the Leadership in Betting track, Koerl told delegates that we should see …

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BHA backs Nick Rust amid concerns over leadership

The British Horseracing Authority (BHA) has reaffirmed its ‘full and unequivocal support’ for CEO Nick Rust after a number of concerns over his leadership from trainers were reported in a Sunday Telegraph article. Back in January, Rust confirmed that he would be stepping down from the BHA after holding the position of CEO for six years. However, the Sunday Telegraph reported …

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Premier League backs ‘Project Restart’ but COVID-19 questions remain

Seeking to break COVID-19’s scheduling impasse and logistical complexities, the Premier League is reported to have established ‘Project Restart’ to maintaining its desired objective to conclude the 2019/2020 football season. The Sunday Times this weekend reported that Premier League governance targets a ‘league restart’ on Monday 8 June, with matchdays to be played behind closed doors at ‘select stadiums’, completing …

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Stars Group investors back Flutter combination outright

Gambling’s merger between Flutter Entertainment Plc and The Stars Group Inc (TSG) has cleared a further  hurdle, as this afternoon TSG shareholders approved terms forming a new $11 billion entity. Issuing a corporate filing, TSG governance confirmed that company investors had voted 99% in favour of completing the merger deal with Flutter. TSG’s merger approval follows Flutter’s shareholder vote on Tuesday, …

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Carsten Koerl, Sportradar: Adapting at speed to counter loss of ‘real’ sport

In the nearly 20 years since Sportradar was founded, I have never seen our landscape change so drastically in such a short period, writes the company’s CEO Carsten Koerl. In just a few weeks, we have gone from celebrating and looking forward to a diverse range of global sporting events, to the widespread cancellation and postponement of almost all live …

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John Gordon: Incentive Games – Putting the Reality into Virtual

John Gordon CEO and Co-Founder of betting innovation studio Incentive Games, details to SBC audiences that filling live sports void won’t be as easy as bookmakers simply expanding their virtual sports inventories. Reality bites as COVID-19’s lockdown raises critical questions of bookmaker’s product planning, delivery and all-round engagement capacities.  ___________________ The landscape of gambling has been changed dramatically by the …

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HBLB releases £6.5m in capital credits to reduce ‘exceptional pressure’ on racing

The Horserace Betting Levy Board (HBLB) has confirmed that racecourses with capital credits balances currently totalling £6.5m will be able to draw on them to assist with their immediate cash requirements. As it stands, there are currently 18 racecourses which hold capital credits balances with HBLB. Under the new scheme, HBLB will allow each racecourse to have the option of …

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