Retail

All the news from the retail betting sector

HBLB announces plans for distribution of £21.5 million SWSP loan

The Horse Betting Levy Board (HBLB) has agreed to terms on a £21.5 million loan secured from the British government as part of the Sport Winter Survival Package (SWSP). The loan has been issued as UK racing has suffered severe financial consequences as a result of the COVID-19 pandemic, having lost around £400 million in racecourse revenue, whilst participants experienced …

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Bevan Gibson to replace Tom Phillips as RaceTech Chairman

RaceTech Chairman Tom Phillips has announced his intention to step down from the position on 30 September, after a ‘distinguished career’ of 15 years. Having first joined RacingTech as a non-executive Director and Chair of the Audit Committee in 2006, Phillips has overseen a number of major initiatives and milestones whilst serving as Chairman of the organisation. The outgoing Chairman …

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Racing attendance raised in parliament as industry calls for greater reopening

The issue of spectator attendance at British racetracks has been raised in parliament, as calls for an increase in venue capacity from leading industry figures and organisations continue to mount. Raised during a debate regarding the Events Research Programme, MPs discussed the success of pilot events in helping inform decisions about the safe relaxation of social distancing measures. Questioning sports …

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GBGB offsets lockdown impacts to deliver ‘high standards’ of welfare

The Greyhound Board of Great Britain (GBGB) has reported on the ‘continued success’ of its commitment to delivering ‘the highest standards of welfare’ despite the impact of the COVID-19 lockdown. Meeting the eight pledges of the Greyhound Commitment, the GBGB has launched a range of initiatives including the Greyhound Retirement Scheme, the publication of a Code of Practice for residential …

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Flutter chiefs swap boardroom for Paddy Power retail counters

Flutter Entertainment placed its top-ranking UK and IRE officers Ian Proctor (Chairman) and Conor Grant (CEO) at the coalface of Euro 2020 trading, as the executives spent Tuesday working on the floor of a Paddy Power betting shop. Supporting retail colleagues during a busy day featuring the final Euro 2020 Group-D matches of England vs Czech Rep and Scotland vs …

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UK Racing cites Brexit red tape concerns on Equine travel 

The owners and breeders of British racing studs have noted a tough adjustment to the rules of equine travel and export following the UK’s exit from the European Union.  Horseracing owners have called for the government to work with European counterparts and reduce the levels of red tape for allowing British thoroughbreds to cross EU borders. A BBC East report …

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Jockey Club ‘to explore every option’ regarding Cheltenham expansion

The Jockey Club is reportedly considering expanding the Cheltenham Festival to include a fifth day by 2023, as the organisation looks to ‘explore every option’ to improve both the event and the sport of horse racing, according to The Telegraph. Should the Festival be expanded, it will join Ireland’s Punchestown Festival and the recently concluded Royal Ascot event, the latter …

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BoyleSports hungry for the retail cuts of William Hill sell-off

BoyleSports is monitoring William Hill developments closely, as the Dundalk betting group eyes executing its long-mooted UK expansion by acquiring ‘some-or-all’ of William Hill’s retail portfolio. Led by new chief executive, Mark Kemp, BoyleSports joins a raft of competitors eyeing William Hill offcuts – as UK and European assets will not be maintained by new owner Caesars Entertainment who completed …

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FDJ backs Tour des Femmes 2022 expansion 

Upholding its commitment to diversifying its sponsorship portfolio of French sports, Française des Jeux (FDJ) has become an official partner of the Tour de France Women’s edition.  Beginning in 2022, France’s National Lottery operator will work with race organiser Amaury Sport Organisation (ASO) to promote the ‘Tour de France Femmes’, to be on par with its male cycling counterpart. For …

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BetMakers acquires Sportech to accelerate international growth

BetMakers has taken another step in delivering its international growth strategy by finalising the purchase of Sportech’s Racing, Tote and Digital assets. The acquisition covers Sportech’s racing, tote and digital assets in the US, UK and Europe, widening the operator’s international customer base, as well as bolstering its position in the expanding US market. Integration of Sportech’s assets is also …

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