Retail

Australia faces potential tsunami of sports corruption

Victoria Police have called on Australian sporting bodies and integrity units to examine the threat of sport corruption in the region. Victoria Police called this urgent meeting in the wake of Operation Starling which disrupted an illegal gambling cartel targeting a suburban Australian Soccer club. Experts monitoring international match fixing syndicates are warning authorities that corruption will undermine the quality …

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9-timer comes in to finish off Paddy’s season

Paddy Power may be forced to cancel its summer vacation to Brazil, after one shrewd punter landed a €577,000 (£470,000) accumulator on the final day of an enthralling 2013/14 Premier League season. The operator’s blog and Punting Hall of Fame reveals that a Leinster customer staked €1,000 (£815) on a nine-fold, including seven wins and two draws in the Fulham …

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Patrick Kennedy to step down as CEO of Paddy Power

Paddy Power Chief Executive Officer Patrick Kennedy  is set to step down from his role in April 2015. Kennedy will have served Paddy Power as CEO for nine years, having been appointed to the position in January 2006. Commenting on his planned departure, Kennedy noted that ‘change is good, both for the company and the individual’. Kennedy further commented “ …

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Codere given 48 hour bankruptcy lifeline

Spanish gambling operator Codere SA has been granted a 48 hour extension to solve its corporate debt restructure with creditors, as the operator looks to avoid entering bankruptcy protection. In a meeting between Codere bondholders and senior facility lenders, Codere had been granted a further 48 hours, to its existing May 10 insolvency deadline. Codere SA had been seeking new …

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Glynn receives Ladbrokes shareholder backing

Ladbrokes annual general meeting  saw company shareholders show their support for CEO Richard Glynn, despite the continued struggling performance of the gambling operator. The meeting saw just 68.55% of available voting rights used, nevertheless 99.9% of the votes counted were in favour of Glynn remaining at the helm of Ladbrokes. Glynn had stated that the operator had undertaken the first …

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INTRALOT boss recognised by Greek business

INTRALOT Group CEO Constantinos Antonopoulos has been announced ‘Manager of the Year 2013’ at a special ceremony in Athens, in the presence of politicians, prominent public figures, and members of the business community. “Manager of the Year” is an institution that was founded in 2002 by the Hellenic Management Association, in order to honour managers whose vision and outstanding performance …

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Betting on Football: the Vegas experience

Exclusively for today’s Betting on Football Conference, Don Best‘s Todd Fuhrman interviews Jay Kornegay, VP of Race & Sports Operations at The LVH, about the role football plays in Las Vegas sportsbooks. Don Best Sports, with offices in Las Vegas, United States and Vancouver, Canada, is the leading provider of US sports information to the sports betting industry. Don Best …

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BOF Blog – How can you make a betting shop more football friendly and football stadia more betting friendly

Ian Wright Managing Director of Rufus Retail Anthropolgy, is a designer with 30 years experience in creating retail commerce stores. Wright has helped redesign many retail bookmakers, with an emphasis on optimizing in-store experiences and improving customer sales. Wright discusses how retail operators can improve customer experience and  how they should look to integrate new technologies within their in-store designs. …

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Tabcorp CEO criticises online bookmakers

David Attenborough, CEO of TABCORP, has openly slammed online-only bookmakers in Australia over the relatively low rates of tax they pay, the minimal contributions they return to the racing industry, and their reliance on extending credit to their customers. Tabcorp is the major operator of retail TABs in New South Wales (NSW) and Victoria in Australia, and in these locations, …

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Adelman steps down from Ladbrokes General Counsel

Ladbrokes PLC have confirmed that General Counsel and Company Secretary Jonathan Adelman has stepped down with immediate effect. Adelman first joined the bookmaker in August 2008 after a spell as vice-president and senior counsel of hotel and resorts chain Hilton. Adelman has operated a as key figure in the Ladbrokes organisation, helping the operator helping the operator in UK and …

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