The Association of British Bookmakers (ABB) has defended the government’s current Multi-Operator Self Exclusion Scheme (MOSES), claiming that a recent BBC Radio 5 Live investigation, which criticised the scheme “was conducted in artificial circumstances.” The scheme has come in for criticism after an undercover reporter managed to place bets in 19 of 21 Grimsby betting shops, even after he had signed …
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The Jockey Club in record prize money contributions
The Jockey Club has announced a record £4.2m increase in prize money contributions in 2018, with Jockey Club Racecourses (JCR) also set to commit £27.1m to prize money from its own resources, at all levels of the sport and subject to abandonments. Total race values spread across its 15 strong racecourse portfolio is set to exceed £53m, another record, and …
Read More »Ladbrokes Coral halts legal advisory review
FTSE gambling group Ladbrokes Coral Plc will put on hold its legal panel review, as the company and stakeholders await the outcome of GVC Holdings £3.9 billion takeover bid. The enlarged enterprise had scheduled to review its legal advisory set-up, following its first full year in operations (merger confirmed November 2016). Legal news source LegalWeek.com details that Ladbrokes Coral’s new …
Read More »BT and Sky agree content sharing deal ahead of bidding rights
A landmark new deal has been signed between Sky and BT for the two firms to be able to sell channels on both platforms. As part of the new deal, the BT Sport channels, which provide coverage of UEFA Champions League and Premier League football will be supplied to Sky, as well as this, BT will be able to sell …
Read More »Business Briefs – featuring loopholes, knockouts and whip cracks
This latest edition features a returning gaming congress, partnerships, expansions and huge fines being issued in the USA. Atlantic City to train youths Fifteen minority youths in Atlantic City are to receive speciality construction based training, courtesy of a new 12 week initiative. Upon completion a jobs connection with Hard Rock Hotel and Casino will be made, with the company’s …
Read More »Betway Group digs deep to provide for worthy cause
The Betway Group has announced that its employees have raised over £70,000 for one of its charity partners, the English Federation of Disability Sport (EFDS). EFDS works to make active lives possible by enabling organisations to support individual disabled people to be active and stay active for life. The national charity looks to a better future where everyone can enjoy …
Read More »Power Play… Murdoch’s $60 billion Fox divestment shakes up global sports
Global media has been shaken up by the news that Rupert Murdoch is preparing to sell 21st Century Fox and Fox Entertainment’s 39% stake in Sky UK to rival Walt Disney Co for a reported $60 billion deal (£45 billion). All eyes will be placed on today’s New York Stock Exchange opening, when Disney leaders are expected to present the …
Read More »Supreme Court approval sees Tabcorp and Tatts merger set date
The long proposed merger between Tabcorp Holdings and Tatts Group has moved a further step towards completion, following approval of the scheme from the Supreme Court of Victoria. Originally announced in October of 2016, court orders have now been lodged with The Australian Securities and Investments Commission (ASIC), with the scheme now effective and a date of implementation set for …
Read More »Coral Connect gets personal with new Football Bet Filter service
FTSE betting group Ladbrokes Coral has announced the launch of its ‘Football Bet Filter’, which has been released as a companion betting utility for its popular Coral Connect App. The new betting filter function has been created by Ladbrokes Coral development teams, and will allow football punters to build their own tailored accumulators based on personal filters and market preferences. Football …
Read More »Tabcorp ends Odyssey affair as Tatts investors approve of marriage
Australia ASX listed gambling group Tabcorp Holdings has confirmed that it has completed its full divestment of Odyssey Gaming Services (Odyssey). Updating investors, Tabcorp confirms that it has fully sold its gaming machine and venue solutions supplier to Australian National Hotels Pty Limited, a transaction initially agreed in April 2017. The divestment of Odyssey is in accordance with merger demands …
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