Retail

France state-owned sports betting operator Paris Mutuel Urbain (PMU) has confirmed the appointment of Patrick Fontana as its new Director of Commercial Properties. An experienced French business executive, Fontana will take over leadership and strategy of managing PMU’s network of +13,000 retail betting points across France. Furthermore, Fontana will be a key stakeholder of PMU retail projects, as the operator seeks …

Seeking to further engage audiences at its racecourses during 2017, Arena Racing Company has formed a ‘live entertainment’ partnership with new UK online bookmaker Sun Bets. Starting this Saturday 20 May at Doncaster Racecourse ARC and Sun Bets launch ‘Sun Bets Music Live’ which will see international chart topping performers appearing across ARC’s racecourses this summer. Sun Bets have booked …

London LSE-listed gambling operator Rank Group Plc has this morning issued a short trading statement informing investors of its corporate performance for the 46-week period to 14 May. Issuing its statement, Rank governance informs that group combined revenues remain flat gaining a 1% year-on-year increase. On a channel basis, digital revenues grew by 13%, however group revenue performance has been …

Following an internal review, the British Horseracing Authority (BHA) has restructured its senior executive team and structure in order to better meet the organization’s strategic long term objectives. Furthermore, the authority detailed that the changes would reduce costs and help streamline CEO Nick Rust’s leadership duties by reducing the number of direct reports into him. Moving forward the BHA has …

Breon Corcoran CEO of Paddy Power Betfair (PPB) is unafraid of expanding his firm’s presence and services within the US betting/gambling market, as European competition intensifies. Speaking to investors at PPB’s AGM, Corcoran makes his statement as FTSE100 PPB adds mobile US DFS operator DRAFT to its US market assets, having last week acquired the company for a total consideration …

Ahead of today’s Annual General Meeting of Playtech Plc shareholders, company Chairman Alan Jackson has stated that he is confident that the FTSE firm will maintain its strong momentum and meet its full-year expectations. As Chairman, Jackson notes that the company has added a significant number of acquisitions which must now be integrated within Playtech’s core business divisions in order …

San Francisco-based WinView Games, a start-up that wants to revolutionise viewer engagement and participation with live sport events has announced that it has secured $12 million in series B funding. Though $12 million may be considered small change in ‘The Valley’, WinView has garnered the attention of tech news sources by its roster of high-profile series B backers. Concluding its …

Updating the media and markets, Industry charity GambleAware has today confirmed that it has raised record-breaking £8 million in the 12 months ending 31st March 2017. However, despite the upturn in its funding, the charity has detailed that the figure still represents a 20% shortfall of the target set by the Responsible Gambling Strategy Board. An industry policy and best practices …

The New Zealand Racing Board (NZRB) has selected NYX Gaming sports betting subsidiary OpenBet and Paddy Power Betfair (PPB) to deliver its platform solutions and operational services for its fixed odds betting (FOB) business. In January 2016, NZRB governance announced that it would work with NYX Gaming on enhancing its FOB services, seeking to update provisions for modern consumer habits …