Retail

Sisal splits Mooney payment services unit from main business

SBC News Sisal splits Mooney payment services unit from main business

Sisal Group SPA, the operating firm of Italy’s SuperEnalotto lottery, will undertake an ‘organisational restructure’ which will result in a demerger of the group in favour of a newly incorporated company – ‘SG2 SPA‘. The demerger forms part of a wider strategy of corporate restructuring that aims to ‘better define the functions and primary objectives of the group’ and will …

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Full strength FDJ outperforms normalised trading results

SBC News Full strength FDJ outperforms normalised trading results

Groupe FDJ has cited ‘rapid acceleration towards growth’, as its commercial units outride France’s pandemic headwinds and begin to outperform 2019 results. Publishing its 2021 interim accounts (period ending 30 June), FDJ records combined group stakes (lottery sales and sports betting wagers) of €9.1 billion up 32% on H1 2020’s €6.8 billion – and a significant 8% increase on H1 …

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Sky Racing World ‘expands menu of North American content’ via AmTote deal

SBC News Sky Racing World ‘expands menu of North American content’ via AmTote deal

Tabcorp subsidiary Sky Racing World has signed an agreement with North American 1/ST TECHNOLOGY, leveraging the latter’s AmTote International product. As 1/ST TECHNOLOGY’s leading offering in its portfolio, AmTote will be utilised by Sky Racing World as its wagering platform, initially to facilitate international commingling into Australian racing hosts’ pools for greyhound racing from the North American market. The new …

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Sportech begins its lightened tenure on London AIM

SBC News Sportech begins its lightened tenure on London AIM

Sportech Plc has confirmed that it has completed its full public listings migration onto the London AIM exchange.  As of 8:00 AM this morning, the London AIM accepted the admission of Sportech shares priced at 20 pence each, with the wagering and racing systems supplier maintaining its ‘SPO’ ticker. Sportech’s listings migration was first proposed last June, as the company’s …

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DCMS summons inquiry of National Lottery competition process  

SBC News DCMS summons inquiry of National Lottery competition process  

DCMS has launched an inquiry to evaluate and examine its handling of the ‘competition process’ of the National Lottery’s operating tender.  Despite facing several COVID-19 related headwinds, the ‘Fourth National Lottery Competition’ was officially launched on 28 August 2020 – overseen by the UK Gambling Commission (UKGC) and its Advisory Panel. The ongoing multi-billion competition seeks to award the next …

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EC probes FDJ’s €380m French national lottery contract

SBC News EC probes FDJ's €380m French national lottery contract

The European Commission (EC) has launched an ‘in-depth investigation’ examining how Groupe FDJ secured its 25-year exclusive concession to operate France’s national lottery. The Commission has launched its investigation following two separate complaints that highlighted Francaise des Jeux (FDJ) paying the French government a fee of €380 million to operate France’s national lottery games and retail distribution network. FDJ’s exclusive …

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Sisal GoBeyond competition aims to accelerate Italy’s brightest start-ups

SBC News Sisal GoBeyond competition aims to accelerate Italy’s brightest start-ups

Sisal SPA, the operating firm of Italy’s SuperEnalotto national lottery draw, has continued its funding of talent development projects for Italy’s new workforce through the hosting of its ‘GoBeyond’ competition.  Entering its fifth year, Sisal’s innovation competition is co-hosted with investment fund CVC Capital Partners and aims to advance the development of Italian start-ups focused on social impact and enterprise. …

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Virgin Bet rides as title sponsor of the Ayr Gold Cup festival

SBC News Virgin Bet rides as title sponsor of the Ayr Gold Cup festival

Virgin Bet has secured a sponsorship agreement with the Ayr Gold Cup, along with the naming rights to the three-day Ayr Gold Cup Festival, which runs from 16 to 18 September. The highlight of ITV Racing’s live television coverage on the day, the Virgin Bet Ayr Gold Cup will be run on 18 September. In addition to the Virgin Bet Ayr Gold Cup, the sportsbook …

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William Hill rides as title sponsor of Racing League  

SBC News William Hill rides as title sponsor of Racing League  

William Hill has become the title sponsor of the inaugural ‘Racing League’ – UK horse racing’s first team-based competition which aims to revive public interest in the heritage sports.     Beginning on Thursday 29 July at Newcastle Racecourse, the Racing League will feature 12 teams riding in 36 handicap races, with the competition taking place over a six-week period. Competition organiser …

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