Retail

All the news from the retail betting sector

Kindred continues to support working parents with Women in Racing

Kindred has extended its partnership with Women in Racing on the Racing Home programme, which aims to educate stakeholders within the racing industry about motherhood and parenthood.  Racing Home has now launched an online educational portal as well as a rehabilitation programme and a podcast series to further support working parents. This offers guidance to mothers returning to riding post-pregnancy, as …

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Nueva Codere recovery outlook bolstered by positive Q1 results

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

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Tabcorp split signals new era for Australian betting 

Australian gambling stands on the verge of a market transformation, as shareholders of ASX gambling group Tabcorp Holdings have unanimously approved splitting the business.  This morning, Tabcorp’s board disclosed that 99% of shareholders had approved for the demerger of ‘The Lottery Corporation Limited’ – the unit that operates the Tatts Lotto and Keno business across Australia’s six states. The demerger …

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HBA Media to manage France Galop’s portfolio of events

International media rights agency, HBA Media, has been appointed as the global horseracing distribution partner of France Galop in a four-year agreement. The firm will control the steeplechase and flat racing authority’s racing portfolio in a bid to ensure global broadcast and multi-platform distribution for the Qatar Prix de l’Arc de Triomphe and a further 26 Group 1 and Group …

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Camelot claims National Lottery loss will render business obsolete

Camelot’s case in the High Court continued this week, with the National Lottery operator maintaining its protests about the future direction of the contract.  A representative for the company reportedly informed the High Court that it would ‘cease to exist’ should the next ten-year licence for the National Lottery be awarded to Czech firm Allwyn.  Following a lengthy licence tender, …

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GBGB to probe benefits of increased betting industry welfare contributions

The Greyhound Board of Great Britain (GBGB) has issued an update on its welfare commitment, detailing progress across a number of areas. Notably, the sporting body has focused on the British betting industry’s contribution to greyhound welfare standards, noting that its strategy can ‘only be released’ with the sector’s long-term funding.  Building on this, the GBGB states that it will …

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Storting seeks feedback on Norwegian gambling overhaul

The Norwegian government has launched a consultation to gather stakeholder feedback on Storting’s (Parliament) approved order to merge and replace the nation’s fragmented gambling laws.  Proposed by the Ministry of Culture and Gender Equality, Norway’s government has been urged to replace its gambling laws formed under the separate Totalizer Act (1927), Gaming Scheme Act (1992) and Lottery Act (1995). Last …

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Flutter calls on start-ups to enhance retail offering

Flutter Entertainment plans to enhance  Paddy Power’s retail offering via its Alpha Hub ‘global innovation community’, calling on emerging tech start-ups to participate.  The group, which operates 625 betting shops across the UK and Ireland, is looking for firms with ‘tenacious ideas’ focused around data and analytics, the in-store experience and the future of self-service terminals.  Interested companies will also …

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IGT Q1 growth stalled by global lottery pains

IGT Plc has reported financial results for the first quarter ended March 31, 2022, showing overall revenue slightly ahead despite a drop in operating income during the trading period. According to the headline figures, consolidated revenue came in at $1.1bn, up 4% as reported and 7% at constant currency, from $1bn in the prior year. Global Gaming revenue increased 42% …

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37 Dutch firms targeted by KSA for illegally operating gaming machines

The Kansspelautoriteit (KSA), the Dutch Gambling Authority (DGA), has taken action against 37 companies for operating gaming machines without the appropriate licences.  Following an investigation into 290 catering businesses which were offering gaming machines on their premises – chosen by a random sample – the KSA found that 37 firms were illegally maintaining the products.  All 37 operators were notified …

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