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Kenyan sports betting operator Sportpesa has announced that it will end all forms of sponsorship with national sports clubs and bodies, as the operator deems Kenya’s 35% betting/gambling tax to be unworkable. This weekend Sportpesa CEO Ronald Karauri detailed to Kenya news sources, that his firm would suspend all sponsorships with sports stakeholders from January. Speaking to local press, Karauri …

The UK Gambling Commission (UKGC) has issued a response to yesterday’s news that the English Football Association (FA) has ended all commercial ties with the betting/gambling industry. Following a governance review, the FA has decided to end its £4 million per year betting partnership with Ladbrokes, just one year into its four-year contract. English football’s governing body is reported to …

Issuing an industry update, the UK Gambling Commission (UKGC) has reminded operators that if they only request identity documents when a customer withdraws their funds, they could be putting their business at risk of failing to meet anti-money laundering (AML) and social responsibility standards thus breaching the conditions of their licence. The UKGC details that it is concerned following a …

New York-listed lottery and gambling technology provider IGT Group has been awarded a seven-year ‘base contract’ to provide West Virginia Lottery with its principal lottery draw system along with an array of game provisions. IGT informs that it won the contract following a competitive procurement, to replace West Virginia’s legacy systems. The services contract is expected to start on 28 …

Updating the market, Nordic Nasdaq-listed industry platform and software provider Kambi Group Plc has confirmed that it has secured full services betting provisions contract with Colombian gambling group Corredor Empresarial SA. The partnership will see Kambi become the exclusive platform provider for Corredor’s new online gambling brand BetPlay, servicing the asset with sports betting and casino provisions. Furthermore, Kambi will …

Updating the market, Playtech BGT Sports (PBS) has confirmed that it has completed the full deployment of its proprietary omni-channel sports betting technology across Coral UK estates (part of Ladbrokes Coral Group). The full deployment, sees PBS now provide terminals and software on more than 3,000 terminals within Coral’s retail stores, which have been integrated with ‘Coral Connect’ customer rewards …

Seeking to boost its operational capabilities, FTSE250 listed gambling operator Rank Group Plc has moved its support staff to a new office located in the TOR Building of Maidenhead. The migration of support staff to Maidenhead forms part of Rank governance’s ongoing ‘organisational restructure’, which was announced during the firms H1 2016/17 interim results. At present, Rank is undertaking group-wide …

US Racetrack operator Churchill Downs Incorporated has announced that it will invest approximately $60 million in the redevelopment of its ‘Trackside’ training facility in Louisville Kentucky. Updating investors, Churchill Downs seeks to simulcast racing machines to the 85,000-square-foot facility, opening Trackside as a consumer wagering premises, which the company believes will further complement its existing Kentucky racing portfolio. Churchill Downs …

Irish bookmaker Paddy Power has erected a 110-ft statue of UK Prime Minister Theresa May on the White Cliffs of Dover promoting its ‘Bet on Brexit’ markets. As an embattled Tory government begins EU exit negotiations this week, the mischievous Paddy Power stated that it wanted to offer some ‘strong and stable’ support for PM May and her UK negotiating …

Following an arduous nine-month regulatory compliance review, the AUS $11 billion merger of Tabcorp Holdings and Tatts Group has received approval by The Australian Competition Tribunal (ACT). Tabcorp governance this morning issued a corporate update detailing the ACT’s ‘merger greenlight’, with full details of its competition review expected to be published on Thursday 22 June. Updating investors, Tabcorp governance stated …