Retail

US Treasury Department warns casino operators on taking illegal bets

SBC News US Treasury Department warns casino operators on taking illegal bets

The US Treasury Department has warned licensed casino operators that they must actively combat illegal sports betting. The Treasury submitted a letter to multiple gambling operator’s just weeks before the NFL Super Bowl, US sports most wagered event. “Increases in sports betting conducted on behalf of third parties are facilitating criminal activity and posing a money laundering risk to the …

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Boylesports expands Irish retail network with acquisition of 6 Tully Bookmakers

SBC News Boylesports expands Irish retail network with acquisition of 6 Tully Bookmakers

Boylesports is set to take its number of Irish betting stores to over 200 after acquiring six Tully Bookmaker stores for a reported €2 million. The bookmaker announced this morning that it had agreed to purchase half of Tully Bookmakers retail betting inventory. Boylesports will redesign and redevelop the purchased bookmaker stores to bring them in-line with the company’s retail …

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Churchill Downs appoints Mike Ziegler as Director of Racing

SBC News Churchill Downs appoints Mike Ziegler as Director of Racing

US racing operator Churchill Downs has announced the appointment of Mike Ziegler as its new Director of Racing. Ziegler will assume full responsibility of the senior management role on 26 January reporting to Bill Mudd the operator’s Chief Financial Officer. Ziegler will take on responsibility of the performance and business strategy of Churchill Downs US racing operations, he will further …

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Caesars places casino operating unit under Chapter 11 bankruptcy protection

SBC News Caesars places casino operating unit under Chapter 11 bankruptcy protection

  Caesars Entertainment Corp has filed for Chapter 11 bankruptcy protection in Chicago this Thursday as the operator looks to cut creditor debt for its Caesars Entertainment Operating CO division which operates Caesars’ 50 casino and leisure properties worldwide. US news reports have stated that the gambling operator seeks to reduce its debt from $18.4 billion to $8.6 billion. The casino operator …

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Sisal partners with GameArt studios for new VLT games

SBC News Sisal partners with GameArt studios for new VLT games

Sisal Group S.p.A, the Italian gaming and payment services group, have chosen international game-design studio GameART for the production of new slot games for the Italian Video Lottery Terminal (VLT) Comma 6b market. The five year contract provides for multiple slot titles to be developed on an exclusive basis for Sisal’s INGG VLT platform. GameART is a developer of slot games …

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Sportradar secures integrity partnership with Lega Serie B

SBC News Sportradar secures integrity partnership with Lega Serie B

Italy’s second division, Lega Serie B, signed an agreement with Sportradar Security Services, under which the betting fraud prevention specialists will provide both education workshops and e-learning packages to all 22 club teams for this season and the next two. Under the terms of the agreement, the workshop and e-learning modules will be provided to the senior team and youth …

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Irish Racing sees growth in 2014

SBC News Irish Racing sees growth in 2014

2014 was another successful year for the Irish bloodstock industry, with sales of €147.4 million representing double-digit growth for the fourth year in a row, according to Horse Racing Ireland’s (HRI) annual statistics. Industry highlights: Tote Ireland posted increases for the fourth consecutive year Racecourse attendances grew by 4% for the second year in succession. Commercial sponsorship, a key marker …

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Latvia drives Olympic Entertainment Group performance

SBC News Latvia drives Olympic Entertainment Group performance

Eastern European gambling and sports betting operator Olympic Entertainment Group (OEG) has reported full year 2014 net revenues of €141 million (£109 million) up 3.8% on the €136 million (£105 million) posted for 2013. The gambling operator cited that its positive performance had been driven by expansion into new markets as OEG saw a 21% €43.9 million net revenue lift …

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