France’s Economic & Finance Minister Bruno Le Maire has hailed the public listing of Française des Jeux (FDJ) as a success for the government’s ‘Pacte Loi’ enterprise mandate – as FDJ secures a share subscription to date of over €1 billion on the Paris Euronext Exchange. FDJ’s stock went live on Friday 8 November, with the French government adding listing terms …
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Halifax has become the latest bank operating in the UK to allow its customers to block transactions made on gambling websites, joining the likes of Barclays, Lloyds, Santander, and RBS. The new blocking feature has been designed ‘in recognition of the ways in which the bank can support customers to manage their money and gamble responsibly’. Elyn Corfield, Managing Director …
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National Lottery operator Camelot UK has celebrated its 25th year in operations by recording a 13.5% growth in the total number of National Lottery tickets sold over the first half of its 2019/20 financial year. Publishing figures for the period 1 April to 28 September 2019, the lottery operator generated £876.8m (excluding investment returns) for Good Causes, £83.6m more than …
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Swedish gambling operator Svenska Spel has continued its commitment to youth sports across Sweden after donating more than SEK50m (£4m) as part of its Gräsroten initiative. The donation marks the seventh consecutive year that the operator has supported grassroots sports across the country, with football having received the most money. In total, over half a million Swedes have distributed the …
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SBTech has entered its sixth US state in less than 18 months by launching an on-property sportsbook at Rising Star Casino in Indiana under the BetAmerica brand. The new 3,000 sq. ft sportsbook, operated by Churchill Downs Incorporated (CDI), is located one hour from Cincinnati and within two hours of Indianapolis and Louisville. It features more than 30 television screens …
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Madrid City Council has followed the lead of its Barcelona counterpart by confirming that it will freeze all further gambling-related retail concessions from opening within its municipal district. The decision has been confirmed by Madrid Council President Isabel Diaz Ayuso, who stated that the city’s executive would maintain the measure until the Spanish government implements its long-awaited federal decree on gambling. …
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In a bid to support its ongoing commitment to responsible gambling, the newly-formed Betting and Gaming Council has developed a new ‘cooling-off’ feature for gaming terminals, which is due to be introduced across UK betting shops. The Anonymous Player Awareness System (APAS), which has been developed over the last two years, has been designed to identify signs of potentially harmful gambling behaviour. The …
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Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has confirmed that subsidiary Scientific Games International intends to pursue a private bond placement targeting $1,200m in aggregate principal amount of senior unsecured notes due 2028 and senior unsecured notes due 2029 in a private offering. In the announcement, made today, the firm said it intends to use the net proceeds of the notes offering, together …
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Sandra Gilmartin has been announced as the new Racing Post/SIS Betting Shop Manager of the Year, becoming the first Paddy Power store manager to take the title. Gilmartin, 49, operates Paddy Power’s Cross Cheaping branch in Coventry and was announced as the winner earlier this week when she received her award from TV personality Chris Hughes at the JW Marriott Grosvenor …
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Continuing its corporate transformation programme, the governance of Tabcorp Holdings has confirmed that it plans to launch a ‘single tote pool’ product for Australia. Tabcorp confirmed to The Sydney Morning Herald (SMH) its 2020 ambitions to merge all three separate tote systems into a single totalizer pool, sharing punter liquidity across all Australian states. Marked as a major project for …
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