Retail

Having completed the final chapter of its two-year Caesars Entertainment Operating Company (CEOC) bankruptcy restructure, Caesars Entertainment Corporation (CEC) has appointed a new Board of Directors to lead its business. The high profile CEC board will be led by former Walt Disney and Ernest & Young leadership executive James S Hunt, who has extensive experience in corporate governance for leisure …

Updating the market, Spanish gambling operator Grupo Codere (Codere) has confirmed the executive appointment of Oscar Iglesias as its new Director of Group Corporate Development. The restructured gambling firm has established a new corporate development unit, which will be led by Iglesias in order to assist ongoing corporate growth projects combined with Codere’s aggressive international expansion strategy. Reporting directly to …

Greg Knight Managing Director of UK independent bookmaker Jenningsbet has criticised Paddy Power Betfair CEO Breon Corcoran for advising the government to reduce FOBTs wagering to a £10 limit. Last month, it was revealed that Corcoran had written a letter to the Department of Culture, Media and Sport (DCMS), advising sports minister Tracey Crouch to drastically reduce wagering levels on fixed-odds …

The Washington Post has revealed that the US Supreme Court is set to hear ‘oral arguments’ put forward by New Jersey officials protesting the federal block which prohibits the state from allowing sports betting in licensed premises (casinos & racetracks). Updating its calendar, the Supreme Court has scheduled the date of 4 December to hear New Jersey’s appeal against the …

The Irish government last week announced that it will hold a referendum at some point next year on whether to alter the country’s stringent law on abortion. Voters are expected to go to the ballot in around May or June to vote on whether Ireland should retain The Eighth Amendment of the Irish constitution, which gives both a pregnant women …

Issuing a market update, Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) continues its M&A expansion acquiring Las Vegas Blackjack ‘hole reader’ and games specialist Tech Art Inc for an undisclosed sum. Updating stakeholders, SGC governance detailed that the acquisition would boost the firm’s casino-based security provisions. Tech Art is a fully licensed casino equipment manufacturer for all US jurisdictions. …

This season, the Deutsche Eishockey Liga (DEL) will debut a radical new approach to eliminating match fixing and manipulation. The approach will involve the implementation of a brand new set of regulations related to match manipulation, a partnership with anti-match fixing experts Sportradar to cover the detection and investigation of suspicious betting behaviour worldwide, and a partnership with German sports …

Closing this week’s ‘2017 Conservative Party Conference’ in Manchester, there would be no blazing comeback for PM Theresa May. Ahead of delivering her headline speech, The Tory PR spin machine had detailed that PM May’s keynote would unite the cabinet following its post-election divisions and also appeal to Britain’s young. However, delivering a limp speech in which May was hindered …

Asian gambling group Genting Hong Kong (Genting HK) has informed that it will move to delist from the Singapore Stock Exchange (SGX), where it currently holds its secondary corporate listing. The leisure, travel and gambling operator, states that its Singapore delisting will help the firm consolidate its primary placement on the Hong Kong Stock Exchange. Moving forward the company will focus …

Supplier of products and services to the retail and online betting markets, Sports Information Services (SIS) has today announced the relaunch of its retail TV service to bookmakers. When SIS’ rights to the northern courses expire at the end of 2017, there will be a short period of transition on the SIS FACTS and SIS+ TV channels for British horse …