Retail

Lottomatica lauds 30% online revenue jump in Borsa return

SBC News Lottomatica lauds 30% online revenue jump in Borsa return

Lottomatica Group  asserts it is set to achieve all primary goals set for its re-listing on the Borsa Milan by May 2023. Publishing its year-to-date trading results for the initial nine months of 2023, Lottomatica reported gross gambling revenue (GGR) of €2.8bn, showing a 7% pro-forma growth across all fundamental business segments. The rise in the headline GGR mirrors a …

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London Mayor launches enquiry on gambling harms impact 

SBC News London Mayor launches enquiry on gambling harms impact 

The London Assembly has launched an inquiry seeking to ‘understand the health impacts of gambling in the capital city’. The inquiry will be led by the London Assembly’s Public Health Committee with the aim of informing the Mayor of London, Sadiq Khan, about developing policies and initiatives to reduce gambling-related harms. The Committee has issued a ‘call for response’, seeking …

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SIS supports success of LatAm racing in Clásico El Ensayo sponsorship

SBC News SIS supports success of LatAm racing in Clásico El Ensayo sponsorship

SIS (Sports Information Services) is sponsoring a stakes race on the Clásico El Ensayo day that takes place on 27 October at Club Hípico in Santiago, Chile. Now carrying the title Clásico SIS, the race is the latest in a string of sponsorships for the supplier in Latin America, further underlining its commitment to supporting the future success of racing …

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PABS finds latest client in ‘up-and-comer’ Midnite

GiG tech deal

Betting market newcomer Midnite has sought to enhance its horse racing wagering offering by partnering with PA Betting Services (PABS). The company, which styles itself as a ‘next-generation betting platform’ and has been described as an ‘up-and-coming’ operator by its new partner, will leverage PABS’ horse racing betting data. Midnite aims to provide its users with ‘accurate, timely, and official …

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EGBA endorses Finnish Interior Ministry monopoly overhaul plans

SBC News EGBA endorses Finnish Interior Ministry monopoly overhaul plans

A legislative project announced this week by Finland’s Ministry of the Interior for the abolition of the monopoly held by Veikkaus Oy over gambling in the country has been warmly received by the European Gaming and Betting Association (EGBA). The pan-European trade body has outlined joint-objectives with the Finnish government over the decision to end the Veikkaus monopoly, which is …

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Finland’s Interior Ministry gets wheels in motion on gambling reform

finland/finnish parliament

The political process to overhaul Finland’s licensing system and end the current monopoly held by Veikkaus Oy is underway, according to the country’s Ministry of the Interior. To prepare for this transition, the Ministry has initiated a project to draw up ‘necessary legislative proposals’ for reform, particularly concerning the allocation of licences and the framework behind this. This will include …

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Unibet, Jockey Club and BHA enhance opportunities for ‘quality 10-year-old-plus chasers’

SBC News Unibet, Jockey Club and BHA enhance opportunities for ‘quality 10-year-old-plus chasers’

Unibet, collaborating with the Jockey Club and British Horseracing Authority (BHA), is launching a new middle-distance veterans’ chase series for 10, 11 and 12-year-olds over two miles and four furlongs. Branded as the Unibet Middle Distance Veterans’ Series, the Kindred Group-owned operator and its partners outlined that the initiative was created to generate more opportunities for ‘quality 10-year-old-plus chasers’ – …

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Buzz expects online growth on the horizon after 2023 restructuring

Buzz Bingo

Buzz Group expects continued growth driven by a more diversified omnichannel business following a restructuring and heavier emphasis placed on online operations during 2023. The company – operator of the Buzz Bingo and Buzz Casino brands – outlined that revenue for the 12-month trading period between October 2022 and September 2023 stood at £195m, driving gross profit of £137m. However, …

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Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

SBC News Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

Sian Carson has been appointed as the new Chief People Officer of Sisal, one of Flutter Entertainment’s international operator brands. Carson is set to lead the group’s human resources and organisational design division with the goal of strengthening its expansion process in Italy and abroad. The new hire said that she was ‘proud’ to join the firm, adding: “I am …

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