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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Gamesys Group Plc has disclosed that it will be suspending all TV and radio advertising across the UK until COVID-19 restrictions are lifted, highlighting its concerns over targeting children and those vulnerable to problem gambling. Publishing its Q1 trading update for the three month period ending 31 March 2020, the company emphasised that it will be strengthening its responsible gambling …
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Sticking to the sports calendar and playing a part in the regular football fan’s ‘ritual’ is key to the setup for Sportradar’s Simulated Reality, said the firm’s MD for US Betting Werner Becher. Sportradar launched the AI-driven product at the end of March, making it immediately available to customers as part of its existing portfolio of betting events. The product …
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Vanarama National League clubs have voted by a ‘clear majority’ to cancel all remaining fixtures for its three non-league divisions. In total 90 per cent of all National League clubs, across its three leagues, responded to the organisation’s proposal to end the playing season for all fixtures scheduled up to and including 25 April 2020. As a result, the National …
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Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has replied to UK Sports Minister Nigel Huddleston stating that UK gambling is committed to maintaining the highest operating standards. On Tuesday, Huddleston had penned a letter on behalf of DCMS to the leadership of the UK’s top five betting operators urging ‘further proactive steps’ to ensure gambling consumer …
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UK racing is facing a media and political backlash for its decision to host the 2020 Cheltenham Festival in early March, as COVID-19 cases began to spread across the country. At Monday’s ‘UK Coronavirus Briefing’, Angela McLean – the government’s deputy Chief Medical Advisor – stated that an inquiry should be held post-lockdown on the ‘epidemiological consequences’ of UK sports maintaining …
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Affiliate marketing publisher XLMedia has reported that 2019 was a year of ‘limited financial progress’ for the group as it sought to ‘mitigate a number of operationally frustrating scenarios and global sector headwinds’. Publishing its results for the year ended 31 December 2019, XLMedia reported a full-year loss after it wrote down the value of its assets, reporting revenues of …
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The Parliamentary All Party Betting & Gaming Group (APBGG) has confirmed that it has launched its review of the Gambling Act 2005, pre-empting the review to be launched by the Department for Digital, Culture, Media & Sport (DCMS). The review, which will take place online, will consider written evidence from industry stakeholders and hold a series of meetings with experts …
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Closing Tuesday trading, Flutter Entertainment governance confirms that company shareholders have approved the FTSE100 firm’s merger bid with Toronto TSX rival The Stars Group Inc (TSG). This afternoon, Flutter governance confirmed that following the conclusion of its extraordinary general meeting, group investors backed the Flutter-TSG combination by 99%. The merger which seeks to create a new $11 billion global gambling …
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As the race to offer ever more varied and engaging markets to punters continues, a start-up B2B supplier has made the familiar experience of fantasy football games the central theme of its fixed-odds betting product. 20Shots has developed software that allows operators to offer a range of fixed-odds fantasy football markets, with fans able to bet on the performance of …
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