Retail

DCMS allows Premier League to settle UK broadcast rights unchallenged

SBC News DCMS allows Premier League to settle UK broadcast rights unchallenged

DCMS will allow the Premier League to renew its current broadcast agreements, without the mandatory requirement of undertaking a tender process for rights. The decision has been granted by DCMS to guarantee that funding remains consistent across all levels of the football pyramid, as the Premier League serves as the main benefactor of youth development, grassroots football academy and community …

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Tote launches Tote Guarantee across UK racecourses via Britbet deal

SBC News Tote launches Tote Guarantee across UK racecourses via Britbet deal

The Tote has signed an agreement with Britbet, enabling the company to offer the Tote Guarantee across the sports betting operator’s 55 racecourse partners. As a result of the partnership, the Tote Guarantee will be made available on-course at Britbet-affiliated racetracks for a trial period of three months until January 2022. However, the partners are ‘hopeful that a positive response …

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Anna van der Gaag: RET research must be responsive to society’s greater needs 

SBC News Anna van der Gaag: RET research must be responsive to society’s greater needs 

Anna van der Gaag (CBE), the Chair of the Advisory Board for Safer Gambling (ABSG), has stated that UK gambling requires urgency in developing evidence-led research to reduce gambling harms.  The University of Surrey Professor on Ethics and Regulation has led the UK Gambling Commission’s (UKGC) advisory on research, education and treatment (RET) since 2018. Writing an update for the …

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ASX eyes placed on Racing and Sports PTY $69m listing

SBC News ASX eyes placed on Racing and Sports PTY $69m listing

Racing and Sports PTY wants to become betting’s next data and media goliath, joining the high ranks of Sportradar, Genius Sports, Stats Perform and IMG Arena.  The Canberra upstart, which is eagerly awaiting its ASX Exchange listing later this month, is targeting an AUS $69 million (€45m) market capitalisation to accelerate its expansion beyond Australian shores.      Publishing its ASX prospectus, …

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Lithuania to impose lottery sales tax to support national sports fund

SBC News Lithuania to impose lottery sales tax to support national sports fund

The government of Lithuania has approved the passage of a new bill that will force licensed lottery operators to pay/include a 13% tax on each lottery ticket sold to help raise funds for national sports organisations and athlete development. As reported by LRT, Lithuanian MPs backed amendments to the laws on Lottery and Gambling Tax to change the previous 8% allocation of …

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Racing Post remains ‘committed to Irish racing’ with Leopardstown renewal

SIS horse racing ireland

The Racing Post and Leopardstown have announced an extension to their partnership, with the outlet providing title sponsorship and race sponsorship of day one of the racecourse’s Christmas Festival. Under the terms of the four-year agreement, day one of the festival will continue to be called Racing Post Day, whilst the feature race of the day will be billed as …

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IGT to upgrade FDJ’s lottery management system

SBC News IGT to upgrade FDJ’s lottery management system

IGT Plc has secured a major technology agreement to upgrade the central lottery system of La Française des Jeux (FDJ) – France’s national lottery operator.  The NYSE technology group disclosed that it had won a seven-year agreement to modernise FDJ’s group-wide lottery management system, which will be upgraded to its advanced Aurora platform. IGT has maintained a technology partnership with …

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OpenBet cites ‘unbeatable performance’ at 2021 Melbourne Cup

SBC News OpenBet cites ‘unbeatable performance’ at 2021 Melbourne Cup

Sports betting technology company OpenBet enjoyed a strong performance at this year’s Melbourne Cup, processing an average of 65,000 vets per minute on its platform. Describing its scalable platform technology as ‘pivotal’ in handling the betting activity ahead of the race, one of the most popular horse racing fixtures in the Australian sport, OpenBet provided its services to notable operators …

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John O’Reilly: Reflections on 2005 Gambling Act needed for best industry outcomes 

SBC News John O’Reilly: Reflections on 2005 Gambling Act needed for best industry outcomes 

Rank Group Chief Executive John O’Reilly believes that a positive outcome to the government’s generational review of the 2005 Gambling Act should “rewrite the industry’s historical flaws”.  Delivering the keynote speech at the ‘Reputation Matters: UK Gambling’s Future at Stake’ conference, O’Reilly provided his leadership take on legislative developments amid concerns of how the UK gambling sector will be re-shaped …

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