Retail

TRP dispute sees ARC shut down Ladbrokes racetrack betting points

SBC News TRP dispute sees ARC shut down Ladbrokes racetrack betting points

Arena Racing Company (ARC) has ordered Ladbrokes to shut down its six racecourse properties due to its ongoing content dispute with joint-venture subsidiary The Racing Partnership (TRP). The bookmaker has been told that retail points at Doncaster, Wolverhampton, Lingfield, Worcester, Southwell and Windsor racetracks will be shut down for an ‘indefinite period’. ARC’s decision follows legal charges by TRP against …

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NYX OpenBet wins contract to revamp New Zealand Racing Board’s FOB platform

SBC News NYX OpenBet wins contract to revamp New Zealand Racing Board's FOB platform

Toronto TSX-listed NYX Gaming has confirmed that it has secured an agreement with the New Zealand Racing Board (NZRB) to deliver a bespoke fixed odds betting platform through its OpenBet technology subsidiary. Updating the market, OpenBet development teams will work with NZRB with aim of automating and revamping its ‘largely manual fixed odds’ betting services.  NZRB stated that a new …

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Golden Race to showcase new platform at ICE

SBC News Golden Race to showcase new platform at ICE

Virtual betting provider Golden Race will be showcasing its entirely new online platform and mobile optimised experience at ICE 2017. Attendees will also be able to see its products including Real Fighting (we all remember the MMA cage from last year) and 3D Virtual Football. It was for these and more that Golden Race took home the title of ‘Best New Virtual …

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Perform to launch ‘best in class’ Football Visualisation product at ICE 2017

SBC News Perform to launch 'best in class' Football Visualisation product at ICE 2017

Sports content and data specialist Perform Group (Perform) has confirmed that it will launch its Opta-powered ‘Football Visualisation’ product at ICE 2017 (London 7-9 February). Debuting its Football Visualisation product, which graphically replicates live match action. Perform states that it has developed the fastest and most accurate ‘live-ball tracking visualisation’. Perform further states that its product will be unrivalled within …

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William Hill – Odds lengthen for March Article 50 triggering

SBC News William Hill - Odds lengthen for March Article 50 triggering

Following yesterday’s decision by the UK Supreme Court that the UK government cannot trigger Article 50 without the consent of Parliament, bookmaker William Hill has lengthened its odds on the UK beginning its EU exit negotiations’ before the end of March, the target date specified by Prime Minister Theresa May. Updating its ‘Article 50 deadline’ market William Hill has moved …

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Appointment of Annemarie Durbin sees Ladbrokes Coral strengthen governance advisory

SBC News Appointment of Annemarie Durbin sees Ladbrokes Coral strengthen governance advisory

FTSE-listed Ladbrokes Coral Plc has confirmed the appointment of Annemarie Durbin as a Non-Executive Director to it business. Durbin a thirty-year banking and international business executive will advise the newly formed Ladbrokes Coral board as the newly merged company looks expand its services internationally. Durbin has prior governance advisory experience, as she currently serves as a non-executive director to WHSmith …

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CMA expands bonus inquiry into sports-betting

Copyright: macgyverhh / 123RF Stock Photo

The Competition and Markets Authority has expanded the scope of its inquiry into the potential breaches of consumer law on the part of the online gambling industry when it comes to bonus offers and free-bet promotions by the online gambling industry to include issues arising from the eligibility conditions of free sports bets. The original probe was announced in October …

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Man San Law resigns as Chairman of 500.com

SBC News Man San Law resigns as Chairman of 500.com

Updating investors, embattled New York-listed Chinese sports lottery operator 500.com has confirmed that Chairman of the Board Man San Law has stepped down from the governance position with immediate effect. San Law’s position will be split with director Lian Qi taking on the responsibilities of Chairmanship, supported by Bo Yu who will act as Director of Governance, a decision which …

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Gambling Commission tackles crime at Scottish betting shops

Gambling Commission - Copyright: ronfromyork / 123RF Stock Photo

The Gambling Commission has ‘targeted a range of possible gambling offences’ in a joint operation with Police Scotland at betting shops in Falkirk. In cooperation with betting shop operators, the multi-purpose compliance exercise on 19 January was designed to help train police officers on how to conduct inspections of gambling licensed premises, and to raise awareness amongst betting shop staff …

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Sands hit with $7 million DOJ ‘Asian compliance misconduct’ fine

SBC News Sands hit with $7 million DOJ 'Asian compliance misconduct' fine

US casino operator Las Vegas Sands Corp (Sands) has confirmed that it will pay a $6.96 million penalty in order to resolve its ‘Foreign Corrupt Practices Act’ (FCPA) dispute in connection with business transactions carried out in China and Macao. The penalty charge imposed on Sands relates to the company failing to implement appropriate ‘internal accounting controls’ ensuring the legitimacy …

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