Retail

Francaise des Jeux extends ‘Equipe FDJ’ pro cycling sponsorship

SBC News Francaise des Jeux extends ‘Equipe FDJ’ pro cycling sponsorship

French national lottery operator Francaise des Jeux (FDJ) has confirmed that it has extended its sponsorship of professional cycling team ‘France World Tour’ until 2018. FDJ have supported the team who cycle under the name ‘Equipe FDJ’ since its inception in 1997. The conformation of FDJ’s continued partnership was announced at a press conference in Paris this Thursday, as Equipe …

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Tabcorp and German Tote to pool totalisators

SBC News Tabcorp and German Tote to pool totalisators

Germany’s totalisator is the latest to join Tabcorp’s multi-billion dollar wagering pools, following an agreement completed between Tabcorp and German Tote. German Tote is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), while German racetracks (BGG Betriebsgesellschaft der Galopp-Rennvereine mbH) also have a minority stake. The deal will involve the German Tote taking all Australian thoroughbred and harness racing and co-mingling their …

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Ladbrokes set to lose historic sponsorship of Cheltenham Festival ‘World Hurdle Race’

SBC News Ladbrokes set to lose historic sponsorship of Cheltenham Festival 'World Hurdle Race'

Cheltenham Festival organiser, Jockey Club Racecourses (JCR) appears to be at loggerheads with Ladbrokes regarding the operator’s sponsorship of Grade 1 event ‘The World Hurdle Race (15.30 – St Patricks Thursday 17 March). Ladbrokes continued stand-off against UK racing’s proposed Authorised Betting Partner (ABP) scheme, has seen the bookmaker unable to renew its eleven year sponsorship of the race. JCR …

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Scientific Games appoints Susan Cartwright as Corporate Communications VP

SBC News Scientific Games appoints Susan Cartwright as Corporate Communications VP

NASDAQ listed gambling technology provider Scientific Games Corporation (SGC), has confirmed the appointment of Susan Cartwright as Vice President of Corporate Communications. A gambling marketing strategy specialist, Cartwright joins SGC from competitor International Game Technology (IGT), were she led a number of branding, thought leadership and investor relations initiatives for IGT group as VP of Communications. SGC detailed that Cartwright …

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American Pharoah crowned “LONGINES Worlds Best Racehorse”

SBC News American Pharoah crowned "LONGINES Worlds Best Racehorse”

US Triple Crown winner American Pharoah has been crowned the 2015 “LONGINES Worlds Best Racehorse”, making the colt the first American-based runner since Curlin in 2008 to win the coveted prize. Pharoah who gained legendary status by becoming the first horse to sweep the American Triple Crown in 37 years, winning US Grand Slams at the Kentucky Derby, Preakness Stakes …

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Tennis rejects suggestion evidence of match fixing suppressed

SBC News Tennis rejects suggestion evidence of match fixing suppressed

In response to match fixing allegations aired on BBC News and BuzzFeed online, the four governing bodies of tennis (ATP, WTA, Grand Slam Board, ITF) who are partners in the Tennis Integrity Unit (TIU), confirmed that there is a zero-tolerance approach to all aspects of corruption and that they are and will continue to be firmly committed to protecting the integrity …

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UK court allows Codere SA to secure debt under London policy

SBC News UK court allows Codere SA to secure debt under London policy

UK High Court Judge Guy Newey has granted Spanish distressed gambling operator Grupo Codere SA the right to secure its €1.2 billion (£850 million) debt restructure utilising London market policy. Following a preliminary hearing, Newey ruled that Codere’s debt restructure was viable under London jurisdiction, despite its previous bonds having been issued in New York and the operator having no …

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Neil Goulden steps down as Chair of RGT

SBC News Neil Goulden steps down as Chair of RGT

The Responsible Gambling Trust (RGT) has announced that Neil Goulden is to retire from his role as a trustee and chair of the charity that raises funds from the gambling industry operating in Britain to fund research, treatment and harm-prevention activities. Goulden became the charity’s chair when it was launched in 2011 and he has overseen five successful years that have established stability and …

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British Racing rejects Coral offer after ABP row

The British Horseracing Authority has dismissed Coral’s offer for a flat 7.5% of its online and retail horseracing profits, labelling it an an “unrealistic realistic starting point” on the grounds that it would generate less for the sport than existing arrangements. The latest clash between racing and the bookmakers has been caused by the introduction of the Authorised Betting Partner …

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William Hill aims for strong new year following tough 2015 readjustments

SBC News William Hill aims for strong new year following tough 2015 readjustments

Having issued an unaudited 2015 trading statement this morning, William Hill governance is positive that the company is well placed for a strong 2016, following a year of re-adjustments to new market conditions and tax headwinds imposed on UK betting operators. Despite recording a 22% drop in its group operating profits to £290 million (FY 2014: £371 million), William Hill governance …

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