Retail

Newgioco unveils new US executive team

SBC News Newgioco unveils new US executive team

Italian betting technology group Newgioco Inc has undertaken an executive management restructure, targeting future expansion and growth within the liberalised US sports betting market. Updating investors, Newgioco welcomes four new faces to its executive management team, as the company restructures its financial and commercial divisions to take on future US market challenges. US finance and technology veteran Elizabeth J Maclean …

Read More »

William Hill announces long-list for 30th SBOTY award

SBC News William Hill announces long-list for 30th SBOTY award

William Hill has announced the long-list of contenders for its 30th ‘Sports Book of the Year Award’, considered the most prestigious prize in English sports literature. The UK bookmaker announces the 17 sports books and authors that have made its ‘2018 SBOTY long list’, a diverse mix which includes novels, diaries, autobiographies, exposes of sports biggest stars and gonzo journalism. …

Read More »

BHA confirms alterations to conditions of selling races

SBC News BHA confirms alterations to conditions of selling races

The British Horseracing Authority (BHA) has confirmed that it has ratified proposals from the Racecourse Association (RCA) via the sport’s “Racing Group” to adjust the conditions of selling races from 1 October 2018. The objective of the proposals is to make the conditions of selling races much clearer to owners and trainers considering running horses, or bidding for the winners …

Read More »

Ladbrokes confirms partnership with All-Weather Championships

SBC News Ladbrokes confirms partnership with All-Weather Championships

Ladbrokes has strengthened its relationship with British Racing, signing a new three year partnership with the Arena Racing Company (“ARC”) to sponsor two categories of the All-Weather Championships. A founding sponsor of the All-Weather Championships in 2013, Ladbrokes will now sponsor both the “Fillies and Mares” and the “Three-Year-Old” categories. The deal will see the Ladbrokes branding displayed prominently on …

Read More »

Greek OPAP makes 50m euro stake in Stoiximan & Betano brands

SBC News Greek OPAP makes 50m euro stake in Stoiximan & Betano brands

Athens-listed  Greek gambling group OPAP has swooped to acquire a 36.75% stake in the holding company of Stoiximan Group, TCB Holdings Ltd for a consideration of €50 million. TCB operates online gaming services under its Stoiximan brand in Greece and Cyprus, and uses its Betano brand in Romania and Germany. In 2017, Stoiximan Group had revenues of 136 million euro and …

Read More »

European TV & Sports rocked by Comcast £30 billion takeover of Sky

SBC News European TV & Sports rocked by Comcast £30 billion takeover of Sky

The landscape of European media and sports is set to be disrupted, as this weekend US telecoms and entertainment giant Comcast won the blind-bid to take majority control of Sky Plc. Tabling a £29.7 billion offer at £17.29 per share, Comcast won the blind auction for Sky hosted by the UK Takeover Panel, completing European Media’s biggest ever acquisition. Led …

Read More »

Action Plan 2018-2020 sees Spain reclassify gambling-harm as a drug addiction

Mondobets - Copyright: mironovak / 123RF Stock Photo

Seeking to revamp Spain’s support structures for tackling addiction, Spain’s ‘Drug Support Council’ will introduce gambling harm to its upcoming ‘Action Plan on Addictions 2018-2020’ mandate. The Action Plan incorporates the recommendations of a number of Spanish national health stakeholders, regulatory policy advisors and industry standards associations. Amongst the stakeholders taking part in the development of the new plan, are …

Read More »

Kevin Sheehan terminates Scientific Games governance contract

SBC News Kevin Sheehan terminates Scientific Games governance contract

Nasdaq-listed gambling technology group Scientific Games Corporate (SGC) has confirmed that former Chief Executive Kevin Sheehan and corporate legal advisor Viet D Dinh will no longer serve on the firm’s board of directors. Issuing an SEC filing, Scientific Games reveals that both Sheehan and Dinh have departed the company this September, choosing to terminate their governance roles. Kevin Sheehan had served as …

Read More »

Tom Watson – Labour will eradicate debt-financed credit betting

SBC News Tom Watson - Labour will eradicate debt-financed credit betting

Labour Party Deputy Leader Tom Watson has warned the UK betting industry to expect tougher sanctions alongside further market restrictions, should Labour win the next UK General Election (scheduled for 2022). Speaking to the BBC, Tom Watson seeks to replicate the ‘whistle-to-whistle advertising ban’, introduced in Australia at the start of 2018, which prohibits all promotion of betting-related content during …

Read More »

VSoftCo expands virtual network with Virtus Sports content partnership

SBC News VSoftCo expands virtual network with Virtus Sports content partnership

Industry virtual sports content and systems provider VSoftCo Ltd has confirmed that it has entered a multi-year strategic partnership with Virtus Sports, in which both parties will expand their operating networks. The partnership will see VSoftCo integrate Virtus Sports entire virtual sports portfolio across its active partner platform. VSoftCo management details that its global VS network will be significantly amplified …

Read More »