Retail

SIS extends German Tote partnership

SBC News SIS extends German Tote partnership

Racing content and data services provider Sports Information Services (SIS) has confirmed that it has added a multi-year extension to its existing rights agreement with the German Tote. The extended partnership will allow SIS to include coverage of German horseracing across all of its verticals, including retail and digital 24/7 channels, and to be sold as standalone content on a …

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Betting wins Upper Tribunal decision against HMRC in FOBTs VAT dispute 

SBC News Betting wins Upper Tribunal decision against HMRC in FOBTs VAT dispute 

UK bookmakers could secure compensation for previous tax charges made against gambling machines, after HM Revenue & Customs (HMRC) lost its long-standing dispute against Rank Group and Betfred. Last Friday, an Upper Tribunal led by Justice Anthony Mann and Judge Thomas Scott ruled in favour of the betting firms who had long disputed HMRC’s classification of VAT charges on Fixed …

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UK racing secures £22m hardship fund

SBC News UK racing secures £22m hardship fund

A £22 million ‘hardship fund’ has been launched by The Horserace Betting Levy Board (Levy Board) and the Racing Foundation supporting horseracing stakeholders impacted by the COVID-19 crisis. The newly reformed Levy Board acts as a non-departmental public body, in charge of collecting and organising the finances of  UK racing through betting taxes, fundraising and further on-course activities. Its counterpart the …

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UK Tote gains international ‘commingling pool ecosystem’ with Sportech

SBC News UK Tote gains international ‘commingling pool ecosystem’ with Sportech

Entering a multi-year agreement, the new UK Tote Group is set to expand its international wagering capacity by utilising Sportech Plc systems and technologies.  The UK Tote will use Sportech’s flagship ‘Quantum System’ to enhance its commingling capabilities by securing data to Sportech’s global partnerships with leading race organisers such as The Hong Kong Jockey Club (HKJC)  The Quantum system …

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BHA extends racing suspension beyond end of April

SBC News BHA extends racing suspension beyond end of April

The British Horseracing Authority (BHA) has confirmed that the suspension of racing will be extended, with a date for resumption yet to be decided. Racing was initially suspended on March 18 following the government’s decision to introduce the current lockdown measures which seek to protect essential emergency services and the health and safety of the public. But while a new …

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France Galop eyes May return for French Racing

SBC News France Galop eyes May return for French Racing

France Galop, the governing body of French horseracing, is awaiting government approval to restart its racing schedule behind closed doors. Updating the media, France Galop seeks to resume its track meetings in May following the enforced suspension of all French professional sports on 17 March, complying with the government’s national lockdown orders. This weekend, President Emmanuel Macron confirmed that France’s …

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ARC continues financial support for greyhound trainers during COVID-19 shutdown

SBC News ARC continues financial support for greyhound trainers during COVID-19 shutdown

Arena Racing Company (ARC) has confirmed that it will continue to offer financial support to greyhound trainers based at its five stadia while the sport is suspended. Following the suspension of greyhound racing due to the COVID-19 pandemic, ARC will continue to offer £5 per dog per week to trainers from Belle Vue, Newcastle, Nottingham, Perry Barr and Sunderland from …

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Scientific Games secures $100m in Q2 2020 costs savings 

SBC News Scientific Games secures $100m in Q2 2020 costs savings 

Scientific Games Corporation (SGC) has outlined strong progress for its corporate contingency programme to navigate global COVID-19 headwinds, adding that it expects to secure ‘$100 million in cost savings during Q2 trading’. This morning, the Nasdaq technology group issued new guidance to investors on its COVID-19 contingency programme triggered on 31 March 2020.    Focusing on reducing workforce costs, SGC has …

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South Africa targets 1 May to resume racing

SBC News South Africa targets 1 May to resume racing

Racing authorities across South Africa have outlined new plans to resume racing on 1 May, following the government’s decision to extend the country’s COVID-19 lockdown until the end of April. The target date was confirmed after ‘numerous meetings’ between racing operators, the Racing Association and the National Horseracing Authority over the Easter weekend. In a statement issued by the NHA …

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TAB urges punters to ‘spend local’ in support of Australian racing

SBC News TAB urges punters to 'spend local' in support of Australian racing

Tabcorp Holdings’ flagship sportsbook property TAB has launched its new “Back the Industry” campaign, urging punters and businesses to support Australian racing during the ongoing COVID-19 crisis. Despite all Australian professional sports leagues postponing their imminent 2020 schedules, Australian horse and greyhound racing remain as the last organised sports still operating during the Australian COVID-19 lockdown, maintaining all meetings behind …

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