Retail

UK industry stakeholders are bracing themselves for this April’s industry review of fixed-odds-betting-terminals (FOBTs) and advertising standards by the UK Department for Culture, Media and Sport (DCMS). The DCMS industry publication could become an industry ‘game changer’ should the government move to reduce maximum stakes on FOBTs from £100 to a £2 limit, triggering the industry’s worst scenario. Focusing on improving …

Industry racing and greyhound content provider SIS has signed a broadcast agreement with TopBetta subsidiary The Global Tote (TGT) which will allow SIS syndicated content to be broadcast on TGT’s tote platform. The Partnership allows TGT to broadcast UK and Irish Greyhound racing events, with TGT further able to show live picture content and The Global Tote odds services to …

Updating the market, Australia ASX-listed online bookmaker TopBetta Holdings Limited (TopBetta) has agreed to acquire racing specialist bookmaker Mad Bookie Pty. TopBetta governance detailed that the deal would defer payment of the purchase price until after the first 12 months, which will allow the TopBetta business to maintain cash flows over the initial period. Seeking to expand its profile within …

Could US legalised sports betting finally have a Supreme Court backer in newly appointed Justice Neil Gorsuch? US betting stakeholders are questioning whether the new Republican Justice will push for a review and reworking of PASPA provisions by the country’s most powerful court. Following a tough confirmation process, President Trump confirmed the appointment of Gorsuch last week as new ‘seat …

Kenya’s National Alliance (TNA) government may move to review its 50% tax hike on all licensed gambling activities, following backlash from industry and sporting stakeholders. Kenyan news sources report that President Uhuru Kenyatta is aware of industry concerns and the potential liability of over taxing an effective industry. Kenyatta and his advisors are reported to be open to an industry review, …

Paddy Power marketing has confirmed that it has become the official betting partner of Ireland Premier Division football club Shamrock Rovers FC (Tallaght, South Dublin). Shamrock Rovers FC is regarded as Ireland’s most successful football club and has produced a number of Irish full international football players. The partnership will see the Paddy Power brand feature on the Shamrock shirt sleeve, …

Australian gambling operator Tabcorp has stated that its strong start to the UK greyhound season has been led by its content streaming partnership with SIS. As of February, Tabcorp’s racing media arm, Sky Racing commenced broadcasting pictures across Australia from UK stadia in partnership with SIS, supplier of greyhound and racing content. Tabcorp management has been pleased with its customer …

SportPesa investor Bradley Trading has moved to challenge the Kenyan government regarding its increased gambling/betting industry tax hike to 50%. Presenting its 2017/18 Kenyan National Budget last March, Treasury Secretary Henry Rotich shocked industry stakeholders by announcing a blanket 50% tax on all licensed betting and gambling services. The majority of industry stakeholders expected the Treasury to announce an increase …

Paddy Power Betfair (PPB) has awarded its retail maintenance contract to facility management specialist ISS for its portfolio of +600 Paddy Power betting shops across the UK and Ireland. The contract will see ISS act as the bookmaker’s technical services lead, as well as managing betting shop portfolio maintenance. ISS provisions for Paddy Power estates will include cleaning, support services, property …

Australia ASX-listed gambling operator Tabcorp Holdings is reported to have made a significant bid to maintain its position as main gambling services supplier to hotels and pubs in New South Wales (NSW). NSW a key region for Tabcorp operations, has come under threat from James Packer-backed Crownbet who in February won the contract to supply gambling interactive services for Clubs …