New York-listed gambling technology group International Game Technology Plc (IGT) has amended and extended the terms of its multicurrency revolving credit loan facility. The group said it has extended the ‘maturity date’ of its corporate credit facility from 26 July, 2021 to 31 July, 2024. IGT’s multicurrency credit loan facility was originally sanctioned in July 2017. Moving to lower its ‘aggregate …
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The UK Gambling Commission (UKGC) has supported the publication of the government’s new ‘Economic Crime Plan 2019-2022’, setting out the UK’s strategic priorities and agenda for combatting economic crimes threatening UK industry. Established by new government task force the ‘Economic Crime Strategic Board’, and backed by the UK Treasury and Home Secretary, the crime plan covers ‘7 priority areas’ for …
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Playtech BGT Sports (PBS) recorded a 300 per cent year-on-year (YOY) growth on mobile during this year’s Wimbledon. Over the two weeks of tennis action at the All England Club (24 June-14 July), PBS saw more than £9 million staked across all of its channels. Yet mobile was the most eye-catching component of this ‘record turnover’ for the omni-channel sports …
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Italian gambling operator Gruppo SISAL has confirmed that it will continue to operate Italy’s ‘SuperEnalotto’ lottery concession for a further nine years. SISAL continues to service its lead lottery contract having submitted to Italy’s Customs & Monopolies Agency (AAMS) a €222 million tender combined with a further 0.5% commission on ticket sales. Italian industry news source AgiproNews reports that SISAL’s …
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Racing content and data provider Sports Information Services (SIS) has agreed to supply its British greyhound racing content with US operator, WatchandWager.com. Under the terms of the new agreement, SIS will deliver both data and live-stream coverage on 28,500 British greyhound races per year, with coverage from tracks including Central Park, Crayford, Doncaster, Harlow, Henlow, Hove, Monmore and Romford. Paul Witten, Product Director at …
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The office of new UK Prime Minister Boris Johnson has confirmed the appointment of Nicky Morgan MP for Loughborough as Secretary of State for Digital, Culture, Media & Sport (DCMS). DCMS the government department which oversees the regulatory development, implementation and oversight of gambling laws formed by the UK Gambling Commission (UKGC) changes leader for the fourth time in three …
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In a move to deliver further education on integrity measures in horse racing, the British Horseracing Authority (BHA) has launched an online Integrity Education Programme. The new programme seeks to offer both the racing and betting public additional information on integrity across the industry as a whole, with the purpose of ‘offer protection against potential integrity threats and help to prevent participants …
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The UK Gambling Commission (UKGC) has confirmed that a ’12-week consultation process’ will commence in mid-August, which could result in the banning of credit card used for wagering purposes. The confirmation of the consultation follows on from a call for evidence which the UKGC launched back in February of this year, in which the Commission sought to gain insight from both …
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Investment bank Rothschild & Co is to act as the UK Gambling Commission (UKGC) lead financial advisor as the UK prepares to launch its fourth National Lottery tender. The Rothschild announcement, sees the UKGC complete its appointment of tender strategic advisors with ‘big-4’ auditor EY responsible for the competition’s design, management consultancy Deloitte leading policy development and London law firm …
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Due to take place over a five-week period this Autumn, the Racecourse Association (RCA) has confirmed that a further trial of lunchtime racing is due to take place at five different racecourses. The news follows on from trials which took place earlier this year, which originally consisted of three race meetings during May and June, all of which commenced at …
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