Retail

Ladbrokes’ Mullen slams rivals for “race-to-the bottom offers” at Cheltenham 2016.

SBC News Ladbrokes’ Mullen slams rivals for “race-to-the bottom offers” at Cheltenham 2016.

Updating investors and media on Ladbrokes Q1 2016 performance, CEO Jim Mullen fired shots at rivals for offering costly customer incentives at Cheltenham 2016. This year’s festival was deemed ‘the worst Cheltenham in living memory” as UK and Irish bookmakers lost millions to punters who made easy cash-ins on multiple winning favourites. Industry analysts have calculated the cost of Cheltenham …

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GamCare – Betting shops back initiative to help problem gamblers in Chinatown

SBC News GamCare - Betting shops back initiative to help problem gamblers in Chinatown

Betting shops in Chinatown are supporting an initiative by GamCare to offer multi-lingual counselling and treatment programmes for anyone encountering difficulty with their gambling. The service, which is provided by GamCare and ‘The Chinese National Healthy Living Centre’ (CNHLC), means confidential counselling services are provided by a team of qualified and experienced counsellors who speak the languages represented in the …

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Sportsradar strengthens broadcast arm with sportsman media acquisition

SBC News Sportsradar strengthens broadcast arm with sportsman media acquisition

Sports data, insight and analysis provider Sportradar AG has confirmed that it has agreed to acquire ‘the shares and core businesses of European sports media rights and marketing specialist sportsman media holding GmbH. Sportsradar governance agreed to acquire sportsman media assets from founders Thomas Krohne and Karl Wieseneder, in a move the company stated would significantly “upgrade its audiovisual content offering”. …

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Ladbrokes sees Multi-Channel gains with strong 2016 opening

SBC News Ladbrokes sees Multi-Channel gains with strong 2016 opening

Issuing a Q1 2016 trading update (period ending 31 March), Ladbrokes Plc governance praised its ongoing strategic plan which it stated was garnering positive results and encouraging customer metrics. Ladbrokes detailed positive KPI metrics for both its retail and digital betting assets, despite suffering the “worst Cheltenham Festival in living memory”. The FTSE-listed operator under CEO Jim Mullen has implemented …

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Stanleybet sets to challenge Lottomatica Italian Lottery concession

SBC News Stanleybet sets to challenge Lottomatica Italian Lottery concession

Stanleybet governance has announced that it intends to challenge the decision by Italian gambling regulator, Agenzia delle Dogane e dei Monopoli to award its provisional lottery concession to IGT subsidiary Lottomatica. On Monday, a Lottomatica led four-party consortium had been announced as lotto provisional contract owners, following a bid of €770 million in upfront concession payments. The Italian regulator awarded …

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188Bet and McBookie become BHA Authorised Betting Partners

SBC News 188Bet and McBookie become BHA Authorised Betting Partners

188Bet and McBookie are the latest betting operators to be announced as Authorised Betting Partners (ABPs) by the British Horseracing Authority (BHA). As such the pair have joined an ever increasing number of bookmakers including Bet365, Sky Betting and Gaming, Betfair, BetStars and SeanieMac as sign ups to the scheme which supports British horseracing. For 188Bet and McBookie it’ll ensure that both will …

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Lottomatica wins Italian Lottery provisional concession

SBC News Lottomatica wins Italian Lottery provisional concession

Updating the market, New York-listed International Game Technology PLC (IGT) has announced that lottery subsidiary Lottomatica, has been awarded a provisional concession by Italian gambling regulator Agenzia delle Dogane e dei Monopoli to operate its national lotto game. Lottomatica will officially gain the concession in the second quarter of 2016, which is set to run for nine years. Last March, …

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Genius Sports officially launches following merger

SBC News Genius Sports officially launches following merger

Genius Sports, a brand created from the merger of SportingPulse and Betgenius, has been officially launched into the sports and betting data sector. The company already employs more than 750 staff in 10 locations worldwide. SportingPulse, founded in 1999 in Melbourne, is well known for its sports administration, management software and basketball data collection. Since 2004 the company has worked …

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