Retail

All the news form the retail betting sector

UK gambling sector sees 15% decrease in work force

The number of people working in the gambling industry plummeted by 15 per cent between March 2010 and September 2013, Gambling Commission statistics reveal. There were 122,339 employees as of March 31st 2010, versus a reported 104,137 by the end of September last year. This represents a loss of 18,202 or 14.87 per cent, with the biggest decreases seen in …

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Sisal Group prepares for Italian IPO

Borsa Italiana – the Italian Stock Exchange, announced on Monday that it had allowed gambling and sports betting operator Sisal Group, to list itself for open trading on their exchange. Gambling and payment operator Sisal, are one of the leading operators in the region, with reported revenues totaling €772 million (£614 million) for 2013.  Italian gaming regulator AAMS, reports that …

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AGEM establishes Mexican committee

The Association of Gaming Equipment Manufacturers (AGEM) today announced that its Board of Directors has approved the creation of the new AGEM Mexico Committee based in Mexico City, which will focus on issues specific to the Mexican market that affect a wide range of gaming suppliers. Current AGEM member companies with a presence in Mexico include Ainsworth Game Technology, Amatic …

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Euromat announces Nick Harding as chief representative of BACTA

European Gaming and Amusement Federation: Euromat, has announced the appointment of Nick Harding, CEO of gaming low stake operator  Praesepe as the chief representative of  British Amusement Industry – BACTA Harding  has over 30 years experience in the gambling sector said: “I’m passionate about the gaming entertainment industry so I’m pleased to be more closely involved with EUROMAT as the voice of …

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On-course bookmakers fail age test

On-course betting operators are being warned that they must do more to prevent underage gambling after every track bookmaker approached in a test purchasing operation served a 16-year-old without asking for proof of age. People must be 18 or over to place bets at a racecourse. The tests were undertaken at Ascot on 20 June 2014 under the supervision of …

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Novomatic granted two Austrian casino licenses

The Austrian Ministry of Finance has granted the integrated global gaming firm, Novomatic, two casino licenses. These will allow Novomatic to open two new flagship casinos in the country; one at Vienna Prater and the other in Bruck an der Leitha in Lower Austria. The firm, which is one of the largest producers and operators of gaming technologies and one …

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Critical need for ROI on Queensland racing

Racing Queensland has announced changes to its race information fees structure, effective from today. The organisation said it was critical the industry received a return on the significant investment it makes in hosting meetings. “In recent years we have seen the amount of money wagered increasing but revenues back to the industry have been declining, which is simply not sustainable,” …

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Atlantic City casino industry suffers from burgeoning north-east US gambling market

The historic gambling city of New Jersey, Atlantic City, is in crisis. It seems it’s biggest draw; it’s casinos, have reached a point of saturation. Of the twelve that were open at the start of 2014, it looks likely that only nine will remain by September. Caesars Entertainment, which has bemoaned the fact that there are too many casinos in …

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BBC reports on the growing popularity of betting in Sierra Leone

The BBC News African focused business program ‘Africa Business Report’, featured a special insight broadcast by BBC Sierra Leone correspondent Umaru Fofana on the rising popularity of sports betting in Sierra Leone (West Africa). The program reports that the Sierra Leone capital of Freetown has witnessed a surge in the number of small telecom/text  operated betting devices, were Sierra Leonese …

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Tatts Group wins trial for AUS $450 million payout from State of Victoria

Australian gaming group Tatts is set to be awarded more than $451m (£249.6m) in compensation, arising from the expiry of its gaming operator’s licence in August 2012. The Supreme Court of Victoria has found the State of Victoria liable, with an announcement regarding interest and costs expected in the coming days. A statement on the company’s website said: “Tatts welcomes the decision, which upholds an agreement …

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