Featured News

News that the SBC Team choose to highlight

Betfred bid for bankrupt Phumelela refused

Betfred is reported to have been rejected in its last-minute attempt to acquire bankrupt South African heritage wagering and racetrack operator Phumelela Gaming & Leisure.  South African racing news sources reported that Phumelela’s bankruptcy auditor refused to review Betfred’s ZAR 900 million (€45m) counteroffer submitted at the end of August as Phumelela closed its window for rescue proposals.  Stating its …

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Smarkets: Trump carries momentum as US 2020 markets tighten

Smarkets said that market dynamics are being radically reshaped as US 2020 odds narrow with just two months left of campaigning before US voters hit election polls on Tuesday 3 November. Tracking market developments, Smarkets detailed that its betting exchange is reflecting the majority of US 2020 polls, as challenger Joe Biden saw a comfortable double-digit lead narrow to just …

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UKGC launches fourth National Lottery licence competition

The UK Gambling Commission (UKGC) has this morning formally launched its competition to award the ‘fourth National Lottery operating licence‘. The current (third) GBP multi-billion contract serviced by Camelot Group will expire in 2023, as the UKGC and its advisory panel open its new concession to competitor proposals. Launching its competition, the UKGC underlined that it will award its licence …

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‘Deal maker’ Rafi Ashkenazi ends Flutter tenure 

Flutter Entertainment has confirmed that former The Stars Group Inc (TSG) Group Chief Executive Rafi Ashkenazi has chosen to end his responsibilities as a non-executive director of the company, effective immediately.   The confirmation of Ashkenazi’s departure follows Flutter publishing its 2020 interim statement this morning, in which corporate governance underlined that it would accelerate technology integrations and regulatory alignment with …

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Flutter moves to refine merger benefits against 2020 trading realities

Flutter Entertainment Plc has accelerated all corporate directives related to its merger integration with The Stars Group Inc (TSG), but conceded that its 2020 outlook remains ‘highly uncertain’ dependent on further COVID-19 outcomes and regulatory changes across various markets.  This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Publishing its 2020 interim …

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UK gambling adopts toughest online advertising code to protect underage audiences

The Betting and Gaming Council (BGC) has this morning revealed its new industry measures preventing under-18 audiences from viewing gambling adverts through online media verticals. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. The new measures will form part of the BGC’s newly published ‘Sixth Industry Code for Socially Responsible Advertising’ which …

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ASA monitoring sweep marks gambling as the worst underage advertising offender

The Advertising Standards Authority (ASA) has this morning published the findings of its ‘online monitoring sweep’ identifying age-restricted adverts that have been published within children’s digital media.  This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. ASA’s ‘monitoring sweep’ forms part of a year-long project in which the advertising authority seeks to …

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UK Racing pushes for drastic levy reforms as deep recession looms

The British Horseracing Authority (BHA) has announced that it has agreed the ‘next phase of recovery’ for UK racing, working with The Horsemen’s Group and Racecourse Association (RCA). Since racing’s resumption on 1 July, the three bodies have collaborated on a wide range of recovery directives, seeking to restore racing activities and revenues for all stakeholders.  Publishing its joint plans, …

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GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile 

Strengthening its corporate affairs and public relations leadership, GVC Holdings has confirmed the appointment of former BBC Business Correspondent Tessa Curtis to the newly created role of Head of Media Relations. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Joining GVC on 1 September, Curtis will be tasked with overseeing the …

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SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO

SBC Magazine

We check in on the international expansion journey for the rebranded Kaizen Gaming, formerly Stoiximan/Betano, to kick off Issue 10 of SBC Magazine. Now present in six countries, and with a strong footprint in Europe, CEO George Daskalakis expands on the company’s symbolic name change, before assessing new opportunities in Latin America (LatAm) and sharing his disappointment over Germany’s failure …

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