Retail

UKGC begins pilot of new research methodologies on gambling prevalence 

Sarah Garnder: UKGC consultation conclusions due this summer

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 …

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David Knott becomes National Lottery Community Fund CEO in permanent role

SBC News 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 …

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Racing and Sports PTY upsizes IPO as Entain backs ASX enterprise

SBC News 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 …

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SIS moves to ‘support international expansion’ with two new appointments

SBC News 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 …

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SpringOwl backs Aristocrat takeover of Playtech

SBC News 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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Sisal forms National Lottery advisory led by Karren Brady CBE

SBC News Sisal forms National Lottery advisory led by Karren Brady CBE

Sisal SPA has announced the formation of a UK Advisory Board that will be led by Baroness Karren Brady (CBE).  Competing in the UK government’s Fourth National Lottery competition, Sisal has formed a high-profile advisory to provide its bid team with expert oversight on the management of raising money for good causes via the National Lottery. A Conservative Party life-peer …

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European Lotteries urges EU Council to omit online gambling references from DSA

European Lotteries urges EU Council to omit online gambling references from DSA

European Lotteries has called for the EU Council to exclude explicit mentions of online gambling and betting services from the Digital Services Act (DSA). Ahead of this week’s meeting in Brussels, the organisation stressed that mention of online gambling within the context of freedom of establishment is inaccurate. Arjan van ’t Veer, the General Secretary of European Lotteries, commented: “The …

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Full strength FDJ outperforms 2019 comparatives

SBC News Full strength FDJ outperforms 2019 comparatives

Groupe FDJ reports a strong business momentum as its financial performance begins to outmatch pre-COVID 2019 results.  Publishing its Q3 trading update (period ending 30 September), FDJ recorded a group turnover of €529 million (Q3 2020: €503m) generated from the combined lottery and sports betting sales of €4.5 billion (Q3 2020: €4.3bn).  France National Lottery operator reopened its entire AMIGO …

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888sport to sponsor four meetings at upcoming Cheltenham Showcase

UK Tote saddles up for ‘Journey to Cheltenham’

888sport has secured sponsorship of four race meetings at the two-day Cheltenham Showcase meeting, becoming the official betting partner of the event. The agreement will see 888sport sponsor the What’s Your Thinking Novices Hurdle and Novices’ Limited Handicap Chase on the opening Friday, followed by the 14:20 handicap Chase and the feature event at 15:30. “The Showcase meeting at Cheltenham …

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