Filing its 2017/18 corporate accounts with Companies House, UK bookmaker Betfred has declared an operating loss of £40 million. Publishing its corporate performance for the year-ending 30 September 2018, Betfred governance has attributed circa £120 million in ‘exceptional costs’ attached to retail writedowns, as the bookmaker is forced to adjust to UK betting’s FOBTs £2 wagering reduction. The results see …
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The newly-rebranded Greyhound Board of Great Britain (GBGB) has pledged to continue directing at least 75% of the funding it receives from the betting industry towards animal welfare, as detailed in its first year update. Earlier in the year, a number of the industry’s bookmakers agreed to voluntarily set aside funds to go towards greyhound racing. Betfred, Paddypower Betfair, Sky …
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Sweden’s Svenska Spel has inked a new partnership with the Swedish Handball Federation (SHF) which will see the operator provide educational initiatives to players regarding the impact that match-fixing can have. The initiative, launched last year, delivers workshops to a number of the country’s senior male and female teams, in addition to a number of junior sides. “As a partner …
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Issuing a market filing, the governance of New York-listed International Game Technology Plc (IGT Plc) has confirmed that it will pursue a private €500 million senior unsecured note transaction. Updating investors, IGT governance confirms that it has made an application for its notes to be officially sanctioned on the ‘Global Exchange Market’ of Ireland’s Euronext Dublin stock exchange. IGT’s new debt …
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Sweden’s Spelinspektionen has strengthened its fight against money laundering and terrorist financing after agreeing to team up with sixteen of the country’s authorities to introduce new protocols to combat corruption. Arising from the results of a new national risk assessment to identify and assess Swedish authorities’ challenges in the area, it has since been emphasised by the authorities that it …
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Leeds based marketing agency Bark&Bite has confirmed to UK business news sources that it will no longer act as lead creative agency for FTSE bookmaker William Hill Plc. Bark&Bite Managing Director Christian Knowles-Fitton has confirmed to Prolific North that the agency will no longer maintain William Hill’s creative marketing accounts, ending a seven-year partnership. Moving forward, William Hill leadership is expected …
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UK bookmaker Betfred has confirmed that it has been chosen as the new primary sponsor for the upcoming Vitality Netball World Cup, which is set to take place in Liverpool next month. The high-profile partnership for Betfred marks the operator’s continued growth to its sports sponsorship network, with the Vitality Netball World Cup already reporting that its ticket sales recently …
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Following the rebranding of the International Betting Integrity Association (IBIA) last week, Swedish betting operator AB Trav och Galopp (ATG) has been named as the first operator to join the association. ATG has joined the integrity association as it moves to bolster its global monitoring and alert platform to cover approximately 50 international online and retail betting brands. Magnus Lunner, …
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UK gambling operator Stanleybet Group has strengthened its B2B subsidiary, Magellan Robotech, through the appointment of Christian Maglia as its new chief commercial officer (CCO). Maglia joins the operator having developed a wealth of international experiences throughout his career having previously held the position of sales director of the Italian market at Sportradar, and head of sales for Betgames tv, …
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Sky Betting & Gaming has collaborated with Leeds-based charity Lighthouse Futures Trust to create a new approach which will see the duo help boost technical talent and increase employability for young adults with autism across the city. As part of the new programme, Sky Betting & Gaming has rolled out its ‘coding for beginners’ initiative which has already been proven …
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