Retail

Trainers blast ‘ridiculous’ cuts to Arc prize-money

Mark Johnston, a leading horse trainer, has blasted the Arena Racing Company’s (Arc) contribution to the prize-money as the racing group prepares to offset the government cuts to FOBT stakes. Arc announced in December 2018 that it “simply cannot continue” to maintain its current contributions to the prize-money fund, and would be issuing a reduction to its contribution by £3m. …

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Mims Davies signals end of Under-18s gambling

Mims Davies, UK Minister for Sports & Civil Society (DCMS), has detailed that the National Lottery will have to make adjustments, as the government continues to push for higher standards across all UK gambling disciplines. Speaking to the Commons ‘House Magazine’, Davies has stated that she seeks to terminate all current forms of under-18s wagering/betting. The Minister for Sports, seeks …

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Government issues racing assurances over ‘no deal’ Brexit

The Government has emphasised it will help owners to navigate the new processes for moving horses and other equine animals from the UK to EU member states, in the event event of a ‘no deal’ Brexit. Although, leaving the EU with a deal remains the top priority, the government is continuing with ‘no deal’ preparations to ensure the country is …

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Maltco Malta tasks Vermantia with delivering bespoke racing channel

Vermantia specialist in immersive gaming/betting content has announced that it will expand its live horse racing channel within Malta, securing a partnership with Maltco Lotteries, operator of Malta’s largest retail network. The partnership will see Vermantia develop and deliver a bespoke channel for Maltco properties, featuring round-the-clock coverage of races from the UK, US, Australia, India and South Africa. Vermantia secures …

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Andrew Thomas ends tenure as Playtech advisor

Further to publishing its full-year 2018 results, yesterday FTSE250 gambling technology group Playtech Plc confirmed the departure of Andrew Thomas as a corporate Independent Non-Executive Director. A seasoned executive in corporate financing, taxation and UK leisure/entertainment commercial enterprise, Thomas has served as a Playtech governance advisor since 2012. During his tenure as a Playtech Non-Executive Director, Thomas chaired the FTSE …

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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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Odds shorten on May departure reports Ladbrokes Coral

Brexit has continued to take hold of British politics, with Ladbrokes Coral reporting that odds have shortened on a potential Theresa May departure in May 2019. With only 36 days until the UK is due to formally leave the European Union (EU), MPs are still struggling to gauge any clear idea as to what will actually happen when 29 March eventually arrives. …

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Two consultations launched on high prize machines and online credit card use

The Gambling Commission is inviting members of the public, gambling businesses and other stakeholders to provide their views on two key issues as part of its work to prevent gambling-related harms. The Commission is requesting views and data on the issue of gambling online with credit cards and, separately, on improving player control measures on all Category B gaming machines, …

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SIS and ATR granted exclusive media rights deal with Ascot

Racing content and data provider SIS (Sports Information Services) and At the Races (ATR) have both signed an exclusive media rights deal with Ascot Racecourse, which will allow racing coverage from Ascot to be broadcast internationally. Both SIS and ATR have been granted exclusive media rights for sports betting purposes, as well as for display across licensed betting premises within …

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