Retail

Betway looks for future racing prospects sponsoring Wollacott Devon stable

SBC News Betway looks for future racing prospects sponsoring Wollacott Devon stable

Betway marketing continues to expand its presence in UK horseracing, confirming that it will sponsor the Devon stable of Kayley Wollacott. Wollacott took control of the stable earlier this year, after husband and champion trainer Richard Wollacott passed away. Despite the tragic loss of Richard Wollacott, the Devon Stable continues to develop top studs, as Lalor won the ‘Grade 1 …

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Novomatic appoints Felipe Ludeña as international sports betting lead

SBC News Novomatic appoints Felipe Ludeña as international sports betting lead

Gambling technology and systems provider Novomatic Group has confirmed the appointment of Felipe Ludeña as International Sports Betting Director. Ludeña joins Novomatic senior management team, from Bolsa Madrid gambling firm Grupo Codere, where he served in a number of executive positions, leading Codere’s new market initiatives for LATAM regions and further heading up the Spanish operator’s digital transformation projects. Novomatic has tasked …

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UKGC revamps ADR consumer complaints code

SBC News UKGC revamps ADR consumer complaints code

The UK Gambling Commission (UKGC) has moved to publish new standards and guidance on dealing with consumer complaints, which will seek to improve the industry’s ‘alternative dispute resolution – ADR’ processes. Updating the market, the UKGC will aim to implement its new ADR complaints code by the 31 October. Implemented in 2015, ADR processes allow for consumers to challenge gambling …

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Aristocrat confirms departure of Dr Ian Blackburne as corporate chairman

SBC News Aristocrat confirms departure of Dr Ian Blackburne as corporate chairman

The governance of Australia ASX-listed Aristocrat Leisure has this morning disclosed that Dr Ian Blackburne will step down as corporate Chairman, at the firm’s upcoming ‘Annual General Meeting’ scheduled for 21 February 2019. Filing an ASX update, Aristocrat governance details that it will move to appoint Non-Executive Director Neil Chatfield as new company Chairman succeeding Dr Blackburne in 2019. The …

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PMU appoints ‘transformation expert’ Emmanuelle Malecaze-Doublet as new CFO

SBC News PMU appoints 'transformation expert' Emmanuelle Malecaze-Doublet as new CFO

French racing operator Pari Mutuel Urbain (PMU) continues its ongoing executive management restructure confirming the appointment of Emmanuelle Malecaze-Doublet as new Chief Financial Officer (CFO). Malecaze-Doublet joins PMU leadership from US management consultancy firm McKinsey & Company, where she served as Associate Partner for French apparel and consumer goods industries. Working alongside new PMU Chief Executive Cyril Linette, Malecaze-Doublet will lead the PMU’s new …

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MGM Resorts reflects on Route 91 tragedy

SBC News MGM Resorts reflects on Route 91 tragedy

MGM Resorts Group Chairman and Chief Executive, Jim Murren has issued a sombre personal statement reflecting on the first anniversary of the tragic ‘Route 91 Harvest’ music festival massacre which left 58 people dead and more than 850 injured. The Las Vegas community is still recovering from the events of 2 October 2017, when Stephen Craig Paddock opened fire on …

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SIS enlists Hipódromo Argentino de Palermo for portfolio growth

SBC News SIS enlists Hipódromo Argentino de Palermo for portfolio growth

Sports Information Services (SIS) has announced a significant expansion of its international horse racing portfolio, after agreeing a global distribution deal with Hipódromo Argentino de Palermo. The exclusive three-year deal, which will see SIS become the official distributor of pictures and data from the Buenos Aires based course, will see the firm broadcast live action from its 188 meetings and …

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CIRSA explores further international opportunities despite LATAM woes

SBC News CIRSA explores further international opportunities despite LATAM woes

Spanish gambling firm Grupo CIRSA has overcome all-round LATAM currency woes to post a successful Q2 2018 trading update, as the company continues its expansion plan under the ownership of Blackstone Capital. Publishing its latest corporate update, CIRSA governance reports a 3% increase in group revenues to €358 million for Q2 2018. Despite recording circa €3 million in negative LATAM …

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Lack of Caixa clarity sees BNDES Brazil rethink its LOTEX tender

SBC News Lack of Caixa clarity sees BNDES Brazil rethink its LOTEX tender

BNDES – Brazil’s National Bank for Social Development has scheduled a new auction for the sale of state-owned instant games (scratch & win) operator Loteria Instantânea Exclusiva (LOTEX) to be held on 29 November 2018. The tender of LOTEX was first announced on August 2017, with the Brazilian Finance Ministry targeting a BRL 4 billion (€1.2 billion) for its complete divestment …

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