Retail

Gauselmann Group has confirmed the board appointment of Stefan Bruns, who will oversee the development of its sportsbook and online gambling offering. Effective from 1 April, Bruns (52) will be charged with “strengthening the stationary and online-based sports betting offering, the strategic expansion of virtual slot machine portfolio, combined with the internationalisation of these business areas”. The heritage gambling group …

OPAP SA reports on an outstanding 2022 financial performance, as the Athens-listed gambling group outperforms all corporate expectations.  Publishing its full-year 2022 results, the Greek gambling and lotteries group achieved record corporate revenues of €1.93bn, up 26% on FY2021 comparative results of €1.53bn. Peak revenues results were achieved off the back of a stellar Q4 trading that generated an all-time …

During a big week for UK racing at Cheltenham, gambling licensing law firm Poppleston Allen has warned that bettors might have to undergo affordability checks. Last year, The Jockey Club reported 280,000 attendees over the four-day event, and OpenBet – the platform that took bets for operators such as William Hill, Ladbrokes, Paddy Power, SkyBet and Betfair – processed bets …

Brazil’s sports betting prospects have received a boost this week, as Minister of Finance Fernando Haddad assured federal stakeholders that he will soon present a ‘provisional tax framework’ for licensed businesses.  Speaking to media in Brasilia, Haddad stated confidence that the Finance Ministry would propose a ‘working framework’, to be showcased following “President Lula da Silva’s trip to China at …

ITV is to now exclusively broadcast free-to-air coverage of UK horse racing until the end of 2026.  The three-year deal will see over 100 days of live content shown across ITV1 and ITV4 every year – all simulcast on ITVX – along with morning racing programme, The Opening Show.  Niall Sloane, ITV Director of Sport, commented: “This deal will take …

Paddy Power has extended its title sponsorship of ‘Good Morning Racing’, the live and daily festival preview show of Spotlight Sports Group’s (SSG) Racing Post. The Flutter Entertainment bookmaker will sponsor a total of 15 shows, including every day of this week’s Cheltenham Festival – starting today and finishing on Friday – as well as the Grand National next month, …

Betfred has revealed that jockey Jonjo O’Neill JR has joined as a brand ambassador until the 2024 Grand National. Jonjo O’Neill JR is the son of two-time Gold Cup-winning jockey and Grand National-winning trainer Jonjo O’Neill. He is also a former Conditional Jockey Championship winner who will now be looking to claim victory at the 2023 Cheltenham Festival, which begins …

Dubai’s Super Saturday meeting saw the World Pool’s global turnover reach HK$224,802,517 (approx. $28.6m) across the eight races in Meydan on 4 March. This value is an increase of HK$18.9m (approx. $2.4m) on the 2022 edition of the flat racing tournament, with the Ras Al Khor conditions race having the highest turnover of them all. The Hong Kong Jockey Club …

With the Cheltenham Festival only a few days away, the UK Tote Group has taken steps to make its offering ‘more competitive than ever’, in the words of CEO Alex Frost. In the run up to the highly anticipated racing event, the pool betting operator has launched a new video marketing campaign featuring company brand ambassador Danny Mullins. The National …

Veikkaus OY has returned profits of €680m to the Finnish state, matching its previous year’s performance despite its business facing a “challenging operating environment”.  Publishing its full-year 2022 accounts, Finland’s state-owned gambling and lottery operator generated group revenues of €1.07b, corresponding to a 2% on FY2021 results of €1.1bn. The group’s lottery unit registered a sluggish performance, despite the full …