Retail

Ipswich Town FC and England Under 19 teenage midfielder Teddy Bishop has been charged with breaching Football Association rules in relation to betting. The 18-year-old, who came through the academy system at Portman Road, faces a charge of committing “alleged multiple breaches” of the guidelines. Bishop has until June 1 to respond to the charge, the FA said on its …

A group of potential acquiring companies interested in Gala Coral Groups retail bingo division, Gala Bingo has been revealed by UK business news sources. Gala Coral governance has been in the process of selling its 130 retail bingo halls, either via a complete division acquisition or individual sale of the division assets. UK business news sources have named German gambling …

Following this May’s outright UK General Election win by the Conservative Party, UK political debate and commentary has shifted to the nation’s referendum on European Union (EU) membership. Since gaining his re-election Prime Minister David Cameron has made the EU referendum top of the Conservative agenda. The referendum was a key objective of the Conservatives 2015 General Election campaign, however …

Australian gambling operator  Tabcorp has won a $128.9 million (£64 million) tax benefit resulting from a payment it made to the Victorian government more than two decades ago. The operator has contested tax charges of a combined value of $1.2 billion in compensation for the past two decades, relating to revenues generated by poker (‘pokie’) machines. Last Friday the Australian …

French sports betting operator and supplier France Pari has had its licence in the country extended for another five years. France Pari was among the first companies to get a licence in June 2010 when the French iGambling market opened and those licences had an initial term of five years. Last week France Pari became one of the first companies …

Irish independent bookmaker Boylesports is lining up to buy Ladbrokes loss making Irish retail division. The division is currently under Irish High Court protection, following Ladbrokes appointment of examiner Deloitte in April. Having recorded 2014 division losses of €5 million, Ladbrokes Ireland operations are currently being re-structured, with the operator outlining the closure of 60 of its 196 Irish betting …

Lawrence Ho Yau Lung’s  gambling investment firm Summit Ascent Holdings, has confirmed that its Russian casino complex has entered the final stage of construction, as the firm targets its opening on 28 August. The complex was due to open in April of this year, however Summit Ascent managment had pushed back the date due to encountering unexpected challenges. Summit Ascent alerted …

The Zimbabwe government has stopped its processing of gambling/betting licenses amid fears of a surge in the nations gambling addiction. Its drastic actions regarding betting licensing have been granted approval by President Robert Mugabe and the Department of Home Affairs. Throughout 2014 and 2015 Zimbabwe ministers have demonstrated concerns regarding the number of new and existing bookmakers targeting the country’s …

Rank Group Plc governance has stated that it is confident that the company will hit 2015 performance targets having recorded a strong opening 20 week period for 2015.Rank Group announced that like-for-like revenue for the 20 weeks to 17 May 2015 has grown by 5%, with total revenue up 4%. Its Grosvenor Casino (retail) operations had recorded a 5% rise …

Racecourse Media Group (RMG) and Arena Racing Company (ARC) have announced that both racecourse groups intend to create a single production centre to benefit the horseracing and betting industries.The new joint venture will provide pictures and data for organisations, who wish to broadcast coverage of British racing. The joint venture will ensure costs of production can be shared and efficiencies …