Problem gambling campaigning groups Gambling With Lives and The Big Step will deliver a letter to the prime minister ,Boris Johnson, today calling for an end to gambling sponsorship in football. The groups claim that football’s relationship with betting is at ‘saturation point’, with the letter to be delivered as The Big Step completes its journey from Reading to Downing Street …
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FTSE250 William Hill Plc has this morning published its full-year 2019 results, recording a 2% decline in group revenues to £1.58 billion (FY2019: £1.6bn). The bookmaker branded 2019 as a ‘transformative year’, in which it has restructured its three core trading divisions for online, retail and the US. Continued retail adjustments related to shop closures and redundancies saw William Hill …
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Texas-based OTT Platform FloSports.tv (FloSports) is set to significantly increase its international horseracing content after securing a premier package agreement with HBA Media. The Austin-based streaming service has secured a media package covering international racing’s most valuable events, including the $20 million Saudi Cup, the Dubai Racing World Cup, Cheltenham Festival’s Gold Cup and Australia’s Turf Club’s Golden Slipper race. FloSports …
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Entering a new decade, Racing Post Group made the decision to rebrand its corporate identity to ‘Spotlight Sports Group’ in a bid to better reflect its enlarged enterprise and new business services. Leading the realignment of five distinct business units into one core brand, SBC spoke to Spotlight Chief Marketing Officer Louise Agran about delivering a key project for all Spotlight stakeholders …
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City news sources report that an £80 million bet has been placed against GVC Holdings, believing that the FTSE250 betting group’s share price will significantly devalue within the coming weeks. The short position against GVC has been taken by Chicago-based hedge fund Citadel, a $32 billion fund led by renowned activist investor Ken Griffin. Citadel analysts have confidence in betting …
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The Betting and Gaming Council (BGC) has strengthened its senior leadership team after confirming that Kevin Schofield has been appointed as Director of Communications and Digital. Schofield will join the BGC later this year, having accrued over 25 years experience in journalism by working at a range of media outlets including The Scotsman, The Herald, Daily Record and The Sun. …
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Following the suspension of its operator licence last week, Addison Global’s MoPlay brand has confirmed that the business is now insolvent and has halted customer withdrawals. The operator had its licence suspended after the UK Gambling Commission said in a statement that it suspected ‘that Addison Global Limited has breached a condition of the licence (section 120(1)(b) and is unsuitable …
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Ahead of Cheltenham Festival 2020, Coral marketing has unveiled its first ever ‘cinematic campaign’ which will celebrate the ‘pace, passion and drama’ of horse racing. Debuting its ‘Fail to Finish’ campaign, the first advert in Coral’s cinematic campaign series will promote the operator’s Cheltenham Festival 2020 ‘money-back offer’. The campaign will be followed by a ‘centrepiece advert’ based on flat-racing, which will …
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Regulus Partners begins the week by dissecting the news that Addison Global has had its Gibraltar and UK licences suspended over solvency concerns, as well as looking at the latest call from WHO and UNICEF to implement further gambling restrictions to protect children. UK: Safer Gambling – Low blows signal need for greater regulatory oversight Last weekend’s Sunday Times attack on Britain’s …
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Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub navigating Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, industry …
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