Retail

BGC and Rank welcome DCMS’ positive response to modernise UK casinos

SBC News BGC and Rank welcome DCMS' positive response to modernise UK casinos

Voices from the industry continue to pour down in support of yesterday’s DCMS response to the UK Gambling Commission (UKGC) consultation on modernising land-based venues.  Part of the Gambling Review White Paper, the consultation seeks to clear up the fog around licenced businesses operating physical casinos in the UK caused by the mandatory compliance with two separate legislations – the …

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DCMS moves forward on action plan to modernise UK gambling venues   

SBC News DCMS moves forward on action plan to modernise UK gambling venues   

The UK government will proceed to relax and revamp the rules related to operating gambling venues, with a view to improving customer safeguards, modernising competition, and keeping pace with wider consumer changes. DCMS has published its response to the consultation on ‘measures related to land-based gambling’ as proposed by the Gambling Review’s White Paper. Regulatory oversight of the White Paper’s …

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SSG introduces Smart View in racecards to York’s Dante meet

SBC News SSG introduces Smart View in racecards to York’s Dante meet

Spotlight Sports Group (SSG) has announced it will be showcasing Smart View in racecards at York’s Dante meeting.  The racecards are powered by racing media and tech supplier the Racing Post, and have already been utilised in racecards at Naas racecourse in Ireland. SSG’s Retail Director, Alan Pepperell, explained that following a strong Cheltenham Festival this year, Smart View has …

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Codere Q1 retail declines outpace Online growth

Codere Online

Codere SA has detailed a challenging start to year-end trading for its land-based gambling properties operating in Spain and South America. However, the heritage Spanish gambling group lauds the continued growth of its standalone Codere Online business. Q1 accounts for Codere showed declines across all financial metrics, as group revenues slumped by 14% to €313m (Q1 2023: €363m). Period trading …

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Chile’s gambling takes ‘public value’ strategy into 2024

SBC News Chile’s gambling takes ‘public value’ strategy into 2024

Chile’s gambling authority, the Superintendence of Gambling Casinos (SCJ), revealed that progress is going strong on building a healthy relationship between the regulated market and society.  As reported by SBC Noticias, the authority’s annual performance showcase highlighted the milestones achieved in 2023 in terms of the responsible allocation of casino permits.  A statement by Superintendent Vivien Villagrán reflected on the …

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IGT stable Q1 as focus turns to Everi merger

SBC News IGT stable Q1 as focus turns to Everi merger

IGT Plc reports a stable start to the year’s trading, as the NYSE-listed gambling technology group begins proceedings to merge its Global Gaming and PlayDigital businesses with Everi Holdings Inc. Publishing its Q1 accounts, IGT reported corporate revenues of $1bn, primarily driven by strong growth in the Global Lottery segment, partially offsetting sales declines in its Gaming & Digital unit. …

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Scientific Games and New York Lottery boost 50-year deal

SBC News Scientific Games and New York Lottery boost 50-year deal

Scientific Games has expanded its half-century partnership with New York Lottery to provide instant scratch-off games to players in the state.  The New York Lottery currently has one of the highest total lottery profits in North America, reaching $4.4b by fiscal year 2022-2023 with the support of Scientific Games as its primary provider.  Gweneth Dean, Director of the New York …

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BHA permits on-the-day surface switch for ‘unraceable’ conditions

SBC News BHA permits on-the-day surface switch for ‘unraceable’ conditions

The British Horseracing Authority (BHA) has formed a new policy that permits an on-the-day switch between flat turf and all-weather tracks. This would occur when the original racing surface is deemed ‘unraceable’ and the fixture would otherwise need to be abandoned. The organisation stated that the policy will apply where a change of surface may be possible on the day …

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Andrew Rhodes: Third consultation to prioritise land-based reforms, but RET Levy remains with DCMS

SBC News Andrew Rhodes: Third consultation to prioritise land-based reforms, but RET Levy remains with DCMS

UK gambling’s land-based venues and stakeholders have been warned to prepare for a summer of changes, adopting new rules to comply with the commitments of the Gambling Review’s White Paper. Addressing delegates of the Bingo Association AGM – Andrew Rhodes, Chief Executive of the UK Gambling Commission (UKGC), stressed that the White Paper’s consultation phase will be followed by the …

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Bacta: Early elections could disrupt adoption of Gambling Act Review reforms

SBC News Bacta: Early elections could disrupt adoption of Gambling Act Review reforms

Bacta utilised its latest meeting in Glasgow to address the potential ramifications of early elections on the industry. The organisation’s President John Bollom, Vice President Joseph Cullis, and Executive Directors George McGregor and Robert Gibb, reinforced their commitment to Bacta’s membership programme in front of an audience of its Scottish members. The trade body explained that early general elections will …

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