Featured News

Basque Kirol denies Blackstone takeover rumours

Basque Country operator Grupo Kirol operating firm of Kirolbet has moved to deny rumours that it will sell its flagship business to US private equity fund Blackstone Group. Yesterday afternoon, Spanish business news source El Confidencial reported that Blackstone had sanctioned a €100 million bid to acquire Kirolbet’s entire Basque Country gambling operations. The deal would see Blackstone expand its …

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Martinez Sampedro family seeks highest fee for Codere exit

The boardroom dispute impacting the future of Bolsa Madrid gambling group Codere SA has intensified as the enterprise founding  Martinez Sampedro family places a Spanish Capital Markets Commission (CNMV) claim against US investor Silver Point Capital. The two-year dispute takes a further turn, on a matter which an embattled Codere governance outlined would be resolved at the firm’s ‘critical AGM’ scheduled …

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FDJ states B2B ambitions by acquiring Sporting Solutions

Moving to strengthen its B2B capacities, French state-owned gambling group Française des Jeux (FDJ) has acquired industry sports betting trading systems and software supplier Sporting Group. Issuing a market update, FDJ confirmed that its B2B subsidiary FDJ Gaming Solutions will move to take control of Sporting Solutions, expanding FDJ Group B2B sports betting B2B provisions. “This acquisition strengthens FDJ Gaming …

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Fair Play… GVC Holdings outlines year of wholesale CSR change

FTSE100 gambling group GVC Holdings has this morning published its 2019 ‘Fair Play – Corporate Social Responsibility Report’ outlining the multiple changes governing the company’s long-term corporate sustainability objectives. In the report’s forward statement, GVC Independent Non-Executive Director Virginia McDowell acknowledges the new responsibilities demands placed on the company which now operates global gaming’s largest online gambling portfolio, employing 25,000 …

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Simon Stevens – Betting should pay ‘NHS tab’ on problem gambling

NHS England Chief Executive Simon Stevens has stated that UK licensed betting operators should compulsory fund the treatment of problem gambling networks across the UK. Stevens is the latest UK public health figurehead to call for the government to implement a ‘mandatory levy’ on UK betting incumbents, stating that it would be unfair for taxpayers to ‘pick-up the huge tab for …

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William Hill takes on ‘Segunda gamble’ amid imminent Spanish shake-up

William Hill Plc will significantly expand its Spanish market coverage and profile, as Spanish news reports that the FTSE bookmaker will sponsor seven La Liga 2 (Segunda) football clubs. This weekend, the management of UD Las Palmas and UD Almeria revealed that they had reached an agreement with the UK betting group becoming their lead betting partner for the upcoming …

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Racing Post appoints ‘top journo’ Ben Clissitt to lead sports content development

The Racing Post has this afternoon confirmed the appointment of Ben Clissitt to the newly created role of ‘Group Sports Director’, overseeing the development and strategy of Racing Post’s sports content. Clissitt joins Racing Post leadership, from digital news source i-newspaper where he had served as Managing Editor. A sports editorial figurehead, Clissitt is the former Head of Sports at both The Guardian …

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Kenyan business community embroiled in KRA betting tax dispute

The Kenyan Revenue Authority (KRA) states that it will not shy away from its tax battle with bookmakers SportPesa and Betin, in a row that could pit multiple Kenyan business stakeholders against licensed betting incumbents. This week, Asha Salim KRA debt enforcement manager demanded to Bob Collymore, CEO of Safaricom, a payment services provider for SportPesa and Betin, pay the …

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Lord Goldsmith QC to head up new commission on ‘crime and problem gambling’

UK prison reform charity, the ‘Howard League for Penal Reform’ has launched a new commission investigating links between problem gambling and criminal behaviours. The Howard League has disclosed that the first meeting of its ‘Commission on Crime & Problem Gambling’ took place in London on 20 June, kick-starting a three-year research project led by Attorney General Lord Peter Goldsmith QC …

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UK ‘Top 5’ pledge voluntary 1% commitment to tackling problem gambling

The governances of bet365, William Hill Plc, Flutter Entertainment, Sky Bet and GVC Holdings have pledged to the UK government that they will commit to increasing ‘voluntary contributions to 1% of gross-gaming-yield revenues’ –  helping raise funds for UK problem gambling addiction, treatment and research initiatives. This morning the BBC reports that the UK Department for Digital, Culture, Media and Sport (DCMS) has …

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