Paddy Power politics has launched as set of new ‘Trump Betting Specials’, with the Irish bookmaker claiming that it ‘might have to launch its own Trump dedicated website’! Fresh to market, Paddy Power is now offering 5/1 that the President is officially accused of ‘foreign collusion’ on the back of this week’s resignation by Michael Flynn as National Security Advisor, following …
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Industry virtuals sports systems and content provider Kiron Interactive (Kiron) has joined the Rombet Association as an official member, Kiron governance stated that it will continue to support a regulated Romanian gambling industry. Rombet, Romania’s gambling trade association, works directly with the government to help develop the latest regulatory legal framework for both land-based and online operators and providers. Steven Spartinos, CEO of Kiron Interactive, said: “It …
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Closing its full-year 2016 performance, the governance of Caesars Entertainment Corp (CEC) has posted net operating losses of $2.7 billion, with the gambling operator detailing that it had paid $5.7 billion in accruals for bankrupt division Caesars Entertainment Operating Company (CEOC). CEC would record full-year 2016 corporate revenues of $3.9 billion, driven primarily by its Las Vegas portfolio. The company …
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Updating the market Nasdaq-listed Scientific Games Corporation (SGC) has confirmed the appointment of Karin-Joyce (KJ) Tjon as its new Chief Operating Officer (COO) and President, the appointment will be effective from 13 February. Reporting directly to Group CEO Kevin Sheehan, Tjon will be charged with leading SGC gaming and lottery operations, aiding business development strategies and further maintaining the firm’s …
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Romance will be in the air for some on Valentine’s Day, but most football fans aren’t willing to skip tonight’s action to spend a romantic evening with their partner. A survey commissioned by The Football Pools found that only 21% want to spend the night with their partner and 45% would prefer to watch the football on TV. 10% of …
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National problem gambling support charity GamCare, who operate the National Gambling HelpLine for anyone seeking information, advice and support regarding problem gambling across England, Scotland and Wales, are switching off their previous 0845 number in March 2017. The HelpLine has been operating a Freephone number (0808 8020 133) since 2012 and gradually transitioning to reduce the number of calls received …
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The Sunday Times has this weekend reported that London hedge fund Parvus Asset Management (Parvus) is lobbying for a 2017 sale of William Hill. Headed up by Danish financier Mads Eg Gensmann, Parvus is currently William Hill’s biggest investor with a 14% shareholding. The Sunday Times reports that Gensmann has been pushing William Hill governance for number months on the …
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Industry body, The Association of British Bookmakers (ABB) has called for amusement arcade operators to ‘catch up’ with other betting stakeholders in relation to consumer protection standards and problem gambling awareness. The ABB has made its comment, following new evidence by the UK Gambling Commission (UKGC) which revealed that consumers are at greater risk of losing more money and playing …
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In conjunction with the UK Gambling Commission (UKGC), the Sports Betting Integrity Forum (SBIF) has released its second consultancy paper ‘Sport & Sports Betting Integrity Action Plan (SBI Action Plan)’ for 2017. The second SBI Action Plan paper seeks to outline Great Britain’s approach to addressing the current risks to sports integrity and the monitoring of sports betting industry and …
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In a week, in which Britain has veered ever closer towards a ‘hard Brexit’, as the bill triggering Article 50 cleared the UK House of Commons, it appears that Jeremy Corbyn is at his lowest point as Labour Party Leader. A disastrous week has seen Labour Shadow Business Secretary Clive Lewis, once a key backer of Corbyn resign from his …
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