Retail

Wimbledon faces postponement as AELTC reviews its summer schedule

SBC News Wimbledon faces postponement as AELTC reviews its summer schedule

The All England Lawn Tennis Club (AELTC) will hold emergency meetings next week assessing its options with regards to maintaining UK tennis’ 2020 schedule.  Updating stakeholders, AELTC detailed that it is evaluating all potential scenarios, including the postponement of the Wimbledon 2020 Championships (29 June – 12 July) as a result of the ongoing COVID-19 pandemic.   AELTC confirmed that it …

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Racing Post suspends print publishing

SBC News Racing Post suspends print publishing

The Racing Post has confirmed that it has temporarily suspended the print publication of its daily racing newspaper as of this Thursday (26 March). Racing Post management explained that it is adjusting its business to racing and sports disruptions caused by the ongoing global COVID-19 crisis. “Unfortunately, with racing in Britain and Ireland halted, betting shops closed, and our governments …

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Government’s business relief ‘will protect tens of thousands of jobs’ says BGC

SBC News Government’s business relief ‘will protect tens of thousands of jobs’ says BGC

The Betting and Gaming Council (BGC) has backed the recent government support, welcoming the confirmation that betting companies will now qualify for the same business rates holiday like other businesses in the retail, leisure and hospitality industry. Following the government’s instruction to close betting shops and casinos across the UK to limit the spread of COVID-19, the BGC has campaigned …

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Irish racing cancelled as Varadkar increases COVID-19 measures

SBC News Irish racing cancelled as Varadkar increases COVID-19 measures

Horse racing across Ireland came to a halt last night following new restrictions imposed by the Taoiseach Leo Varadkar, which has seen all sporting events cancelled until 19 April at the earliest due to COVID-19. Irish racing has been taking place without spectators since 13 March, and was subject to strict controls. The restrictions meant that race meetings were closed …

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Malta revamps rescue package to focus on workforce protections

SBC News Malta revamps rescue package to focus on workforce protections

The Malta Labour Party has sanctioned wholesale upgrades to its economic rescue package to support vital industries disrupted by the ongoing global Covid-19 crisis. Yesterday, Prime Minister Robert Abela unveiled a raft of new economic measures to protect Malta’s business community and workforce. Malta’s Treasury has pledged to commit €61 million per month to support the employer payroll for its …

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IGT appoints emerging markets expert Beatrice Bassey as a corporate advisor

SBC News IGT appoints emerging markets expert Beatrice Bassey as a corporate advisor

New York-listed gambling technology and lottery systems supplier IGT Plc has moved to strengthen its corporate governance and general counsel by confirming the appointment of Beatrice H. Bassey as an independent advisor. The strategic appointment of Bassey will see the executive counsel IGT governance on group legal oversight and support the firm’s executive leadership team on ongoing compliance directives related to …

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IGT names Max Chiara as inbound Group CFO

SBC News IGT names Max Chiara as inbound Group CFO

IGT has concluded its four-month executive search after confirming the appointment of  Massimiliano ‘Max’ Chiara as its new Group Chief Financial Officer (CFO), effective from 6 April 2020. Max Chiara will replace long-term CFO Alberto Fornaro, who ended his nine-year tenure leading IGT’s financial units last December, joining South Korean e-commerce retailer Coupang Group.  Updating investors, IGT has stated that …

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Racing APPG calls for government support in ‘uncertain times’

SBC News Racing APPG calls for government support in ‘uncertain times’

The All Party Parliamentary Group for the Racing and Bloodstock Industries has urged the government to play a role in ‘securing the future and sustainability’ of the sport after the COVID-19 outbreak brought about widespread disruption. In a letter signed by Conor McGinn MP and Laurence Robertson MP, the APPG has emphasised its support for the ‘difficult but correct decision …

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Sportech boosts commercial muscle by appointing Ben Warn as Non-Executive Director 

SBC News Sportech boosts commercial muscle by appointing Ben Warn as Non-Executive Director 

International racing and wagering systems provider Sportech Plc has expanded its leadership after confirming the appointment of Ben Warn as a Non-Executive Director.    With 20 years experience as an industry executive, Warn has led product and consumer strategies for a number of tier-1 betting companies such as Sky Bet, Rank Group and UKbetting Plc. Prior to joining Sportech, Warn also served …

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