Retail

Paddy Power slashes odds on uneasy Irish marriage

SBC News Paddy Power slashes odds on uneasy Irish marriage

With Irish Prime Minister Enda Kenny having called parliamentary elections on 26 February, Paddy Power has slashed its odds to a near certain 11/10 on a centre right coalition of Fine Gael – Fianna Fail taking over the Dail Eireann (parliament). The bookmaker’s market details that Enda Kenny’s Fine Gael party will ditch current dancing partner Irish Labour for an …

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Inspired Gaming enters Colombia with Corredor Empresarial partnership

SBC News Inspired Gaming enters Colombia with Corredor Empresarial partnership

Colombian national lottery operator Corredor Empresarial SA has selected Inspired Gaming Group (Inspired) to be its exclusive supplier of virtual sports content. The deal announced on 15 February, will see Inspired Virtual Sports titles integrated within more than 5000 Corredor licensed venues. Inspired governance further detailed that at present the Colombian lottery firm operates over 50,000 terminals nationwide. Commencing its …

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Ladbrokes Northern Ireland hit by £36 million loss

SBC News Ladbrokes Northern Ireland hit by £36 million loss

The Northern Ireland retail betting division of Ladbrokes Plc has posted losses of circa £36 million , just one year after it enjoyed strong profit.  Northwest Bookmakers, which is a subsidiary of Ladbrokes plc, saw its profits slump in the year to December 2014. The company, which trades as Ladbrokes, is the Northern Ireland’s largest bookmaker and holds around a quarter of all shop licences …

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Responsible Gambling Trust trekkers reach Kilimanjaro summit

SBC News Responsible Gambling Trust trekkers reach Kilimanjaro summit

A team of ambitious fundraisers from the Responsible Gambling Trust have climbed their way to the top of Mount Kilimanjaro.  The trekkers scaled the formidable mountain and 29 of the 30 participants reached the summit on Friday 12 February, raising funds to help minimise gambling-related harm in the UK. Climbers made their ascent to the Uhuru peak of Kilimanjaro which, …

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Perform secures Worldwide FIBA media distribution rights

SBC News Perform secures Worldwide FIBA media distribution rights

FIBA – The International Basketball Federation has confirmed the appointment of Perform Group (Perform), as its worldwide distributor of media-related rights attached to FIBA sanctioned tournaments and competitions. FIBA governance awarded Perform Group the distribution rights for a period of four years, with the partnership set to cover more than 5000 live games. Perform will further gain exclusive rights to …

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Tabcorp extends NSW Keno licence until 2050 with AUS $25 million payment

SBC News Tabcorp extends NSW Keno licence until 2050 with AUS $25 million payment

Australian gambling operator Tabcorp has confirmed that it will make an upfront payment of AUS $25 million (£12.2 million) to the New South Wales (NSW) government for its extension of Keno gaming services. The NSW licence, will see Tabcorp extend it Keno provisions services until 2050. The operator is expected to pay an additional Aus $3 million in yearly licence …

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Melco drops Tbilisi casino project

SBC News Melco drops Tbilisi casino project

Asian gambling investment firm MelcoLot Ltd has ended its Tbilisi (Georgia) casino project plans. Issuing a short statement leisure operator Melco International Developments (owner of MelcoLot), declared that it had failed to reach terms with land developers Dhabi Group Georgia.   “Although every effort has been made to negotiate on the casino lease terms, the parties are unable to reach …

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SG Gaming appoints Phil Horne as new CEO

SBC News SG Gaming appoints Phil Horne as new CEO

Scientific Games Corporation has confirmed the promotion of Phil Horne as CEO of subsidiary SG Gaming. Horne who currently serves as SG Gaming Group Managing Director will take over the leadership of the multi-content gambling technology provider when current Chairman Steve Frater retires on 31 March. Horne has served as SG Gaming MD since March 2013 prior to joining the …

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