Retail

UKGC launches industry-wide credit card consultation

The UK Gambling Commission (UKGC) has confirmed that a ’12-week consultation process’ will commence in mid-August, which could result in the banning of credit card used for wagering purposes.  The confirmation of the consultation follows on from a call for evidence which the UKGC launched back in February of this year, in which the Commission sought to gain insight from both …

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Rothschild appointment sees UKGC complete advisory for 4th lottery tender

Investment bank Rothschild & Co is to act as the UK Gambling Commission (UKGC) lead financial advisor as the UK prepares to launch its fourth National Lottery tender. The Rothschild announcement, sees the UKGC complete its appointment of tender strategic advisors with ‘big-4’ auditor EY responsible for the competition’s design, management consultancy Deloitte leading policy development and London law firm …

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RCA backs extension to lunchtime racing trials

Due to take place over a five-week period this Autumn, the Racecourse Association (RCA) has confirmed that a further trial of lunchtime racing is due to take place at five different racecourses. The news follows on from trials which took place earlier this year, which originally consisted of three race meetings during May and June, all of which commenced at …

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Mark Jarvis gets Premium Play through Scientific Games extension

Mark Jarvis

In-game engagement feature Premium Play is just one of the key updates for Mark Jarvis as part of its three-year extension with Scientific Games. A new three-year agreement marks the next step in the partnership that will see the licensed betting office (LBO) operator’s 54 shops benefit from Scientific Games’ leading terminals. As well as Premium Play, which provides enhanced …

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Richard Flint – Racing is a ‘critical friend’ of betting in tackling its regulatory predicaments

Ending his 17-year tenure at Sky Betting & Gaming (Sky Bet), industry figurehead Richard Flint has called for betting and racing leaders to work in partnership, tackling an ‘existential threat’ facing all betting stakeholders. Speaking to the Racing Post, Richard Flint the former Executive Chairman of Sky Bet, warned UK racing leaders not to be complacent in believing that their …

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Scotbet handed lifeline by last minute receivership deal

Scotbet one of the few remaining independent bookmakers operating in Scotland has detailed that it is fighting for its survival, having been placed into receivership last Friday. The struggling bookmaker blames the UK government’s £2 FOBTs stake reduction, detailing its enforcement as ‘the straw which broke the camel’s back’. Restructuring its operations, Scotbet management has been forced to close 11 …

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Irish government calls for increase to greyhound welfare funds

The Irish Cabinet has called for the greyhound industry to boost its welfare spending after the sector was rocked by recent controversies alluding to animal cruelty.  During the weekly cabinet meeting, the Government outlined new plans to ensure that the sector increases its spending on welfare initiatives and traceability, with suggestions made that the sector should be spending at least …

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SIS bolsters pferdewetten.de live racing capacity

Racing content and data provider Sports Information Services (SIS) continues to advance its European profile confirming that German legacy operator pferdewetten.de has launched its ‘24/7 Live Horse Racing Channel’. Delivered through SIS’ ‘Watch-&-Bet’ vertical, pferdewetten.de (horseracing.de) will bolster its racing content engagement securing live pictures and data of 27,000 horse races a year from over 130 of the world’s leading racecourses. …

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STS becomes official sponsor of Zagłębie Lubin

One of Poland’s largest bookmakers, STS, has been named as the official sponsor and betting partner of Zagłębie Lubin after signing a new two year sponsorship agreement with the team. The agreement will mean that the operator’s branding will be shown across the players’ sleeves, as well as including sponsorship of the club’s multiple sports associations. Mateusz Juroszek, CEO of …

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Irish government reviewing tax options on smaller players

Seeking to protect smaller industry incumbents, the Irish Ministry of Finance is reported to be considering removing tax duties on bookmakers who generate a turnover below the €2.5 million a year mark. The Irish Times reports that Finance Minister Paschal Donohue is prepared to listen to the concerns presented by the Irish Bookmakers Association (IBA) with regards to taxation and …

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