Retail

Betting industry supplier OPTIMA has revealed the reasons behind its decision to sponsor last month’s TVC Bookmakers Trade Fair, which took place in Solihull’s Cranmore Park Conference Centre. The event, which was moved to Solihull last year after the moving of night racing at the previous location in Wolverhampton, brought the industry together to showcase new products and technologies. OPTIMA, a provider of …

Sportech PLC has revealed that its football pools business is performing to expectations, despite the uncertainty caused by the recent failed takeover bid by Burlywood Capital. In a trading update, Sportech said that The Football Pools continues to trade in line with management expectations, and is demonstrating the move to stability that we have been striving for in 2016. It …

The Gambling Commission has again warned the industry that it needs to ‘accelerate the pace’ at which they are putting consumers at the heart of business decisions. Commission chief executive Sarah Harrison made the point during a speech to operators at the Commission’s first Raising Standards Conference in Birmingham, where the industry was challenged to become the most trusted gambling …

Software development company BetConstruct has moved closer to its existing and future partners in Asia by opening a new office in Taichung, Taiwan. BetConstruct has been working in the region for a few years already, and had targeted the opening of a new office as part of its overall Asian market development plan. The decision to open the new office …

Inspired has announced that it will be soon be starting the rollout of its video lottery terminal (VLT) cabinets with Greek betting and lottery operator OPAP S.A (OPAP). Following the formal announcement of new VLT regulations by the Hellenic Gaming Commission, OPAP has deemed that all appropriate conditions are now in place to allow it to restart plans for the …

Last week’s Melbourne Cup provided a thrilling finish when Almaddin edged out Heartbreak City at the winning post, but the amount of wagering on the day was not as exciting. According to Australian bookmaker Tabcorp, there was $141.5 million (£87.7m) wagered on the 10-race Melbourne Cup meeting at Flemington across the Tabcorp-owned NSW, Victorian and ACT TABs, which was in …

Paddy Power Betfair’s third-quarter revenue performance for its sportsbook was flattered by the recent decline in the value of the pound but still managed a 15% rise in constant currency terms over the period. Total sports net revenue came in at £316m. Adding in gaming net revenues of £88m, which rose 14% in constant currency terms, and the total net …

Following the announcement that the government must await Parliament’s involvement before Article 50 can be triggered, William Hill has cut its odds about a General Election taking place next year from 6/4 to 6/5. Before you place that bet though, note that Hills makes 2020 the 10/11 favourite to be the year of the next General Election. The Conservatives are …

According to spread betting firm Sporting Index Donald Trump is on course to win the majority of States but he’ll ultimately fail in his presidency bid.   Following the further revelations about her email usage and public revelation of the FBI investigation, Hillary Clinton is now predicted to win fewer states than Trump but still become the 45th president of the …

Paddy Power the only bookmaker to have paid out early on Hillary Clinton winning the 2016 US Election, has admitted to having severe doubts regarding its generous decision. On 19 October the bookmaker closed its US 2016 market, paying out approximately £800,000 on a Clinton victory. However, following Clinton’s ‘email scandal’ reappearing on the US Election agenda, Donald Trump has …