Retail

Spain’s Ministry of Consumer Affairs has published its draft framework of a ‘decree project’ aiming to establish ‘safer gaming environments’, and further consumer gambling safeguards as a federal mandate governing the gambling sector. The project’s foreword saw the Ministry and gambling regulator DGOJ outline comprehensive protective measures that are required to modernise Spain’s Gambling Law of 2011. According to the …

The board of Scientific Games Corporation has disclosed its intentions to acquire the remaining 19% equity interest in casual games subsidiary SciPlay.  The transaction has been ordered to advance Scientific Games planned strategic overhaul, which will see the Nasdaq gambling technology group operate a solely focused casino games developer and content supplier.  SciPlay had been independently listed on Nasdaq in …

CareersinRacing.com, the recruitment and talent development arm for UK racing, has launched a ‘Youth Collaboration Group‘ which aims to provide young people with direct opportunities to reshape the heritage sport of horse racing. Supported by the British Horseracing Authority (BHA), CareersinRacing.com is looking for ‘young people with an interest in horse racing and marketing’ to contribute their views and opinions …

Sugal & Damani, the Indian lottery operator which has been participating in the fourth UK National Lottery licence competition, will reportedly withdraw from the bidding contest, according to The Telegraph. If the firm does withdraw its bid, four participants will remain in the competition – incumbent operator Camelot, former adult magazine publisher Richard Desmond, Italy’s Sisal and Allwyn, the UK …

Flutter Entertainment has delayed its US Initial Public Offering (IPO) of FanDuel ahead of the resignation of Matt King, the CEO of the latter company – which is expected in the coming weeks.  The FTSE 100 gambling group, which operates Paddy Power, Betfair and Sky Bet, had initially disclosed that it was pursuing a listing of a ‘small shareholding’ in …

Betfred Limited has filed its 2020 corporate accounts (period reported up to 27 September), disclosing the impact of last year’s COVID-19 pandemic on its business units.  The Done family-owned betting group saw its group wagers shrink from £10-to-£6.5 billion,  a result of the enforced closure of its UK betting estates and further COVID-19 adjustments.   Trading with an impaired retail unit, …

Groupe FDJ has joined wider business organisations in supporting France’s Plug and Play ecommerce accelerator programme.  As the operating firm of France’s National Lottery, maintained by its Française des Jeux unit– Groupe FDJ will provide its expert guidance on French retail and e-commerce disciplines to new start-ups. Recognised as one of global tech’s most successful investment platforms, Plug and Play’s …

KKCG Group owner Karel Komarek is interested in launching an Initial Public Offering (IPO) of the Sazka Group gambling asset, with London touted as a potential listing location, According to Bloomberg. KKCG, the holding group behind Sazka, is allegedly working with advisers on an IPO of the international lottery operator, which could take place in the second half of 2021 …

The Racecourse Media Group (RMG) has extended its licencing rights agreements for the distribution of audio visual and data content with race tracks across the UK. Under the terms of the five-year contract renewals, 35 racecourses have extended their LBO content distribution deals, whilst 33 have signed agreements covering all other aspects of media rights. The latter extensions include streaming …

The Greyhound Board of Great Britain (GBGB) has enhanced oversight of its animal welfare initiatives by appointing former Labour MP Angela Smith as an Independent Director. As a former Shadow Environment Minister, Smith was heavily involved in issues relating to animal welfare throughout her parliamentary career from 2005 to 2019. In addition to her Shadow Cabinet position, the former MP for …