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With a population of 1.3 billion and a GDP of $2.4 trillion (dwarfing that of Brazil, Canada and Russia amongst others), describing India as an ‘emerging market’ is something of an understatement. As things stand, gambling in the vast South Asian nation is heavily restricted, other than selective categories such as lotteries and horse racing. The model is similar to …

Sports data and media rights distributor Genius Sports Group begins a new era under the ownership of US multinational private equity firm Apax Partners. This afternoon, Mark Locke Chief Executive and enterprise co-founder of Genius Sports confirmed that Apax had completed its acquisition. “With the acquisition now complete, we are eager to put our growth plans into action and embark …

The plunging Argentine Peso has impacted the performance of Bolsa Madrid gambling firm Grupo Codere, which has reported exchange rate losses of €22.5 million, publishing its 2018 interim results (period ending 30 June). Updating investors, Codere governance details that corporate performance has had to adjust to Argentina’s ongoing monetary crisis, which has seen the ARG Peso decline almost 50% against …

After a frantic start to the club season, we head into an international break for the inaugural round of fixtures from the much-maligned UEFA Nations League. This edition of On The Ball looks at potential rule changes to the Premier League, as well as some significant progression to La Liga’s US expansion. Catalan Derby in Miami? After protests from both …

The UK Gambling Commission (UKGC) has today published its ‘combined Health Survey’, detailing data and insights provided by independent non-profit organisation – NatCen Social Research. The Health Survey focuses on three key research areas; gambling participation, at-risk and problem-gambling rates across the UK, with data gathered from public health records drawn during 2016. “The main aims and objectives of this …

The governance of FTSE250 bookmaker William Hill has confirmed news reports that it has entered a strategic joint-venture with Nasdaq US casino group Eldorado Resorts. William Hill Chief Executive Philip Bowcock declares that the bookmaker has significantly advanced its US position and coverage securing access to ‘Eldorado’s leading regional casino portfolio and customer base of 23 million people’. “Under the …

FTSE250 bookmaker William Hill is set to significantly expand its US market propositions, entering a strategic joint-venture with Nasdaq casino and leisure group Eldorado Resorts.   Sky News has reported that William Hill governance is set to disclose its deal with Reno-based Eldorado, which at present operates twenty casino properties across ten US states. The pending agreement will see Eldorado …

Issuing a short market statement, Stockholm-listed online gambling group Betsson AB has confirmed the resignation of Kaaren Hilsen as Group Chief Financial Officer (CFO). Betsson governance has revealed that Hilsen is set to return to the telecoms sector, taking over the Chief Executive role at Telenor Sweden, a company she previously served as CFO from 2013-2017. Hilsen had joined Betsson’s …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. This week, the GB Gambling Commission and the Competition and Markets Authority (CMA) grasped the thorny issue of account withdrawals, following an investigation into online bingo and casino providers, Jumpman Gaming and …