Retail

Today marks the first day of Trevor Croker’s reign as Chief Executive of Australia ASX-listed Aristocrat Gaming, taking over from long-term incumbent Jamie Odell (2008-2016), who announced his departure as the firm’s leader last November. Being officially appointed CEO at Aristocrats Annual General Meeting, Croker stated to investors that he would priorities ‘shareholder growth and product renewal’ as new leader …

London communications agency Hadden Consulting has confirmed that poker legend Phil Ivey has been granted permission by the Supreme Court to appeal his overturned £7.8 million Punto Banco ‘edge-sorting’ dispute against Genting Casinos. Last November, Ivey who is considered the best poker player in the world lost his legal battle against Crockfords Club Mayfair (Genting Casinos), as the UK Court …

The UK Gambling Commission (UKGC) has presented its latest 2016 statistics report into ‘UK gambling participation, attitudes and behaviours’ of British consumers.  Focusing its research on consumer participation and perceptions of gambling verticals, the UKGC gives detailed insight on user habits, influences, product awareness and attitudes to betting and gaming. Presenting its 2016 results, the UKGC reports the headline figure …

The governance of Finnish state-owned operator Veikkaus OY has stated that it has completed its unification of gambling enterprises under the Veikkaus brand, which will seek to bring a greater market proposition to Finland’s betting/gaming consumers. Last June the Finnish Finance Ministry announced that the state-owned gambling enterprises of Ray (slots & games) Fintoto (racing) and Veikkaus (betting) would be …

Updating the market, US Nasdaq-listed casino operator Wynn Resorts (Wynn) has confirmed the appointment of Craig S Billings as the firm’s new Chief Financial Officer (CFO). Billings is set to officially join Wynn on 1 March, taking over the senior executive role from incumbent Stephen Cootey who left the company last month to ‘pursue personal projects’. Reporting to Wynn governance, Billings …

Pushing industry omni-channel conversion, Playtech Plc’s sports betting division Playtech BGT is set to launch its BetTracker mobile app, allowing customers to transfer their sports bets to their mobile devices after placing them in-shop. The innovative app allows for retail to digital crossover, as customers can watch their bets progress and even cash them out on the Playtech system, which …

UK business news sources have reported this weekend, that bookmaker Ladbrokes has been hit with a £70 million tax charge relating to an overturned UK Revenue & Customs (HMRC) ‘2008 tax avoidance’ scheme. The UK Tax Tribunal stated that Ladbrokes Group and its auditor Deloitte knowingly exploited a 2008 tax loophole relating to loans between corporations and third parties to …