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UK FCA approves Betcade as Authorised Payment Institution

SBC News UK FCA approves Betcade as Authorised Payment Institution

Real money Android app store Betcade has confirmed that it has been approved an ‘Authorised Payment Institution’ for the UK by the Financial Conduct Authority (FCA). Updating the market, Betcade governance stated that its FCA approval market a significant milestone for its product which had been officially launched in the UK this May. Moving forward, the Betcade app store will …

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Done Deal! UK CMA gives final approval to Ladbrokes-Coral merger

SBC News Done Deal! UK CMA gives final approval to Ladbrokes-Coral merger

The merger of Ladbrokes and Coral has been granted final approval by the UK Competition & Markets Authority (“CMA”), closing the £2.27 billion deal which has taken 18 months to complete (first announced June 2015). Completing its final review of Ladbrokes-Coral merger process, the authority has approved the operators sale of 359 betting shops to Betfred (322 estates) and Stan …

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Yggdrasil to form Swedish parent company

SBC News Yggdrasil to form Swedish parent company

Updating the market, industry games developer Yggdrasil Gaming has announced that it is to establish a new parent company and expanded its Stockholm office in order to meet commercial demands. The new parent company will sit at the top of Yggdrasil’s existing corporate structure, with the developer aiming to expand its presence within the thriving Stockholm tech scene. Yggdrasil governance …

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William Hill promotes Cem Miralay to Chief Customer Officer

SBC News William Hill promotes Cem Miralay to Chief Customer Officer

William Hill governance has promoted Group Director of Change Cem Miralay to the leadership position of Chief Customer Officer (CCO) of the FTSE-listed sports betting operator. Miralay joined William Hill this May from European market competitor Betsson AB where he served as Chief Product Officer (2013 – 2016). The promotion to CCO sees Miralay take on certain responsibilities of the …

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ARC introduces Northern Stayers Series with Sun Bets

SBC News ARC introduces Northern Stayers Series with Sun Bets

Arena Racing Company (ARC) has announced the brand new Northern Stayers series in association with Sun Bets, which is designed to support grassroots jump racing in the North of England. The Sun Bets Northern Stayers Series will consist of eleven qualifiers across ARC’s Northern jump racecourses, before a final worth £20,000 at Newcastle on Saturday 18 March 2017. The first race …

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Premiership Rugby extends Perform Group as lead content producer

SBC News Premiership Rugby extends Perform Group as lead content producer

The governance of Premiership Rugby the highest tier of professional rugby in England, has confirmed the renewal of its sports content and production partnership with Perform Group (Perform) for a further five years. As content lead Perform, will continue to deliver its management of Premiership Rugby Productions, covering 66 Aviva Premiership Rugby matches each season as well as producing highlights …

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Lee Richardson – Gaming Economics – A long cold winter ahead…examining the latest UK government industry probe

SBC News Lee Richardson - Gaming Economics - A long cold winter ahead...examining the latest UK government industry probe

Lee Richardson Chief Executive of Gaming Economics details opinion and context on the recent government announcement of an industry review of FOBTs and advertising standards… _________________________ Just as autumn arrives, the UK government has this week launched its long-awaited review of gambling, which includes an investigation of gambling machines (including Fixed Odds Betting Terminals (FOBT)) and advertising. Gaming Economics has …

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Stan James shops installed with OPTIMA serverless EPOS

SBC News Stan James shops installed with OPTIMA serverless EPOS

Steve Fisher, founder and chief executive of the independent UK retail bookmaker Stan James, has revealed this week that the firm has adopted the OPTIMA serverless electronic point of sales system (EPOS) and that it has been already installed and live in its entire estate. Fisher, who heads up one of the fastest growing independents in the UK, explained: “The new OPTIMA EPOS software platform …

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Tabcorp governance faces investor pressure with regards to executive pay & merger voting process

SBC News Tabcorp governance faces investor pressure with regards to executive pay & merger voting process

Australian business news sources have reported that a number of Tabcorp investors have expressed disappointment with regards to executive compensation at the firm’s ‘annual general meeting’ (AGM). Although the majority of Tabcorp investors’ voted in favour of increasing CEO David Attenborough’s pay package, it has been reported that 22% of votes cast were against the motion, falling just short of …

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