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Publishing its latest trading update (17-43 week period ending 28 October), FTSE250 William Hill Plc details ‘rapid US progress’, however, the betting group cannot escape its UK woes. Despite progress on its digital agenda, William Hill’s 2018 trading has been impacted by negative sporting results and further group-wide adjustments undertaken to counter a tougher UK regulatory environment. Continuing its digital …

Industry-independent watchdog and standards body, The Senet Group has praised Ladbrokes (GVC Holdings) for its commitment to promoting Responsible Gambling through its marquee sponsorship of the Scottish Professional Football League (SPFL). Promoting safer gambling, Ladbrokes marketing confirms that the Senet Group’s ‘When the Fun Stops, Stop’ message will appear across all SPFL players’ shirts for the 2019/20 season. David Macdonald, Sponsorship …

The confirmed departure of Mark Frissora as President & Chief Executive of Caesars Entertainment has triggered fresh rumours regarding the future of the legacy US casino operator. This morning, the New York Post reported that the governance of MGM Resorts had hired Morgan Stanley and law firm Weil, Gotshal & Manges to act as corporate advisors, examining a potential $20 billion …

Spanish business news sources report that the Sampedro Family, the enterprise founders of Grupo Codere have filed a US lawsuit against the firm’s private equity debt-holders, claiming unfair dismissal and non-representation from the firm’s corporate governance structures. The filing is led by former Codere President Jose Antonio Martinez Sampedro and brother Luis Javier (former Vice President), seeking to annul Codere …

BetConstruct has teased the launch of Fasttoken, the first all-in-one, fully decentralized and Ethereum based blockchain solution which provides “100% transparency, security and fairness to all involved parties – players, game providers, operators and affiliates”. Utilising Ethereum’s second layer scaling technologies, Fasttoken has been designed to minimise transactions costs, eliminate latency and lag inside a gaming session, and boost scalability …

The governance of Frankfurt Xetra-listed bet-at-home AG has detailed a significant upturn in its Q3 2018 trading (period ending 30 September), as the company remains confident of delivering its full-year 2018 expectations. Updating investors, bet-at-home reveals a ‘record-breaking’ Q3 2018 EBITDA of €13 million, as the operator benefitted from its ‘intensified marketing measures’ executed for World Cup Russia 2018 during …

Increased sponsorship opportunities and the heightened value of media rights are set to elevate the growth of North American sports in the coming years according to research by the PricewaterhouseCoopers (PwC). The research suggests that new inventory related to gambling, digital media platforms, uniform rights, and incremental in-venue signage and naming rights opportunities will play a key role in enhancing the …

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. UK: Politics – Crouch bows out with “alternative facts” Last week’s resignation of Tracey Crouch as UK minister for sport (and gambling) marked a new low in the recent history of Britain’s …

Sports betting technology supplier SBTech has this morning confirmed the appointment of Jeremie Kanter as its new Chief Compliance Officer (CCO). A seasoned industry executive Kanter joins SBTech’s leadership team from competitor Playtech Plc, where he most recently served as Head of B2C and Network Services compliance (2015-2018). SBTech confirms that Kanter will be based on the Isle of Man, …