Retail

A special delegation of Brazilian politicians and football executives will travel to Spain next week to research the country’s legislative frameworks governing sports betting. The envoy will be led by Rodrigo Maia, President of Brazil’s Chamber of Duties, and Reinaldo Carneiro Bastos, President of the São Paulo Football Federation. During the visit, Brazilian executives will research Spanish football’s safeguards related …

Ahead of Cheltenham Festival 2020, Coral marketing has unveiled its first ever ‘cinematic campaign’ which will celebrate the ‘pace, passion and drama’ of horse racing. Debuting its ‘Fail to Finish’ campaign, the first advert in Coral’s cinematic campaign series will promote the operator’s Cheltenham Festival 2020 ‘money-back offer’. The campaign will be followed by a ‘centrepiece advert’ based on flat-racing, which will …

Arena Racing Company (ARC) has moved to expand its UK racetrack portfolio by acquiring the Nottingham Greyhound Stadium. A member of the British Afternoon Greyhound Service (“BAGS”), Nottingham Greyhound Stadium hosts 154 fixtures per year. Nottingham joins the ARC’s growing portfolio of Greyhound Stadia, alongside The Belle Vue Newcastle and The Perry Barr Sunderland.  In total, 55% of all 1619 annual …

VAUNET, Germany’s media owners’ association, has become the latest market stakeholder to demand a redraft of the nation’s inbound ‘Fourth State Treaty on Gambling’. Representing 150 German media firms operating across all broadcast formats, VAUNET governance has stated that Treaty provisions on gambling advertising will undermine ‘regulated market channelling efforts’ serving as counterproductive measures to consumer safeguards. In January, Germany’s …

Fresh from listing its business as a US Nasdaq enterprise, the governance of betting systems supplier Newgioco Group confirms that it has established ‘Newgioco Colombia SAS’ as a new subsidiary servicing LatAm market opportunities. Based out of Bogota, Newgioco Colombia will lead new distribution agreements within South American markets, supporting Newgioco Group’s newly established global growth strategy. In its update, …

Australia ASX-listed gambling group Tabcorp Holdings Plc has posted an underwhelming corporate performance, publishing its half-year 2019 trading results (six-month period ending 31 December 2019). Despite recording a 4% increase in corporate revenues to AUS 2.9 billion, Tabcorp results detailed a number of concerns for investors as it delivered a further quarter trading performance below market expectations. Tabcorp’s group performance …

Alberto Garzón, Spain’s newly appointed Minister of Consumer Affairs, has revealed that Royal Decree reforms will be formally announced on Friday 28 February. Garzón made his statement addressing civil servants of Spain’s DGOJ gambling regulatory authority at a meeting hosted by the Consumer Affairs Ministry. The long-awaited reforms for Spain’s advertising code on gambling products are to be presented to …