The Greyhound Board of Great Britain (GBGB) – the governing and welfare body of UK greyhound racing has restructured the duties of its executive leadership team. The announcement follows the appointment of Philip Law as GBGB’s new Director of Regulation, taking leadership of British greyhound racing’s regulatory and compliance disciplines. The appointment will see Mark Bird who has formally served …
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Investment firms reportedly circling Scientific Games’ lottery unit
Two international investment firms are reportedly interested in acquiring Scientific Games Corporation’s (SGC) lottery divisions, according to Bloomberg. Citing ‘people familiar with the matter’, the outlet reported that Brookfield Asset Management Inc.’s private equity arm and Apollo Global Management Inc are interested in purchasing the Nasdaq-registered igaming provider’s lottery unit. SGC disclosed that it would pursue a ‘strategic divestment’ of …
Read More »Camelot receives cross-party MP criticism for app-based game shift
A group of MPs, from both the Conservative Party and the Labour Party, have criticised National Lottery operator Camelot for shifting towards app-based games rather than traditional paper-slip draws. According to The Guardian, the parliamentarians have argued that app-based games such as instant win titles pose a higher risk of problem gambling to customers, whilst simultaneously reducing the amount of …
Read More »KSA launches Dutch monopoly totaliser tender
Kansspelautoriteit (KSA), the Netherlands gambling regulator, has launched its application process for the stewardship of its monopoly horseracing totaliser licence. The monopoly contract, which is currently maintained by French racing operator ZEturf, is set to expire on 30 June 2022. KSA new contract will cover a five year period from 1 July 2022 to 30 June 2027, guaranteeing a single …
Read More »UKGC begins pilot of new research methodologies on gambling prevalence
The UK Gambling Commission (UKGC) has confirmed that it will be piloting its new research schemes on gambling participation and prevalence during the period of October 2021 and March 2022. The Commission stated that it had moved onto the next phase of its headline project to improve the quality of adult gambling participation and prevalence statistics available to stakeholders. Entering …
Read More »David Knott becomes National Lottery Community Fund CEO in permanent role
David Knott has been appointed as the new CEO of the UK National Lottery Community Fund (NLCF), after serving in the role in an interim capacity for four months. In his first role as NLCF CEO, Knott has commissioned the ‘Putting Communities First’ report, outlining the fund agenda to support local communities over the next 12 months as the organisation …
Read More »Racing and Sports PTY upsizes IPO as Entain backs ASX enterprise
Entain Plc is reported to be backing the upcoming ASX IPO of Racing and Sports PTY – the dedicated premium data, content and media supplier for Australian horseracing. Sydney-based investment fund Ord Minnett confirmed that Racing and Sports would be elevating its target IPO raise to AUS $29 million (€19m) in order ‘to accommodate a cornerstone investment by Entain’. Though …
Read More »SIS moves to ‘support international expansion’ with two new appointments
SIS (Sports Information Services) has appointed Dr Laila Mintas and Giovanna D’Esposito as Non-Executive Directors, in order to ‘support its international expansion’. The multi-channel 24/7 live betting services supplier has detailed that both appointees have ‘many years’ experience’ at leading data and technology companies, and will ‘add significant strength’ to the company’s board. On the European side of operations, D’Esposito …
Read More »BetMakers’ Global Tote powers World Pool expansion
Technologies from Global Tote, a BetMakers company, have helped British racing’s World Pool expand to new racecourses across the UK. Praising its Quantum technologies and services, Global Tote revealed that World Pool has been rolled out to 17 race days across six racecourses in 2021. The BetMakers company also noted that in the last 12 months it has added a …
Read More »SpringOwl backs Aristocrat takeover of Playtech
SpringOwl, the independent buyout firm of activist gambling investor Jason Ader, has outlined its support for Aristocrat’s $3.7 billion (£2.7bn) takeover of Playtech Plc. This morning, Playtech confirmed that it had approved Aristocrat’s 680 pence per share (58% premium) offer to be recommended to investors of the FTSE250 technology group. SpringOwl is listed amongst Playtech’s private investors that will vote …
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