Retail

Jenny Williams to depart as UKGC Chief Executive

SBC News Jenny Williams to depart as UKGC Chief Executive

The UK’s Gambling Commission is starting the process of finding a replacement for chief executive Jenny Williams, whose second five-year term in charge of the regulator will come to an end next year. Chairman Philip Graf has been contacting  industry operators and trade bodies informing them of the plans to search for an new Executive to head up its operations. …

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Trade Minister suspends South African Gambling Board

SBC News Trade Minister suspends South African Gambling Board

South Africa’s Trade & Industry Minister Rob Davies has suspended the country’s National Gambling Board pending the outcome of a forensic investigation. The Trade & Industry ministry has confirmed its actions, stating that the National Gambling Board had been temporarily suspended pending further information. However it remained silent on its reasons for the actions undertaken. Spokesperson Sidwell Medupe says two …

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MPs need educating on local FOBT data

SBC News MPs need educating on local FOBT data

Bookmakers have been advised to try and educate MPs on the issue of gaming machines in order to make sure that the industry is not hamstrung by the bad press generated over the past few years. Speaking to Betting Business interactive, Conservative MP for Shipley Philip Davies suggested the industry has been too sluggish in this regard and that his …

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Inspired going to the Bookmakers’ Trade Fair

SBC News Inspired going to the Bookmakers' Trade Fair

Inspired Gaming Group will be showcasing new premium HD VLT games and Virtual Sports for the UK LBO industry at The Bookmakers Trade Fair 2014 on Thursday 9 October. Visitors to BOS will have the opportunity to use Inspired’s new Virtual Sports Bet Management System (BMS), BetBox, which enables any betting, gaming or lottery operator to add a schedule of …

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McGrath facing ‘inside information’ betting rule breach

SBC News McGrath facing 'inside information' betting rule breach

Scottish Grand National-winning jockey Richie McGrath has temporarily stepped down from his role at the Professional Jockeys Association after being charged with breaching betting rules by the British Horseracing Authority (BHA). McGrath, a board member with the PJA, has been charged with using inside information, along with former licensed trainer Kate Walton and ‘registered persons’ Mark Aspey, Carl Flint, Kristian …

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Betting industry welcomes international match-fixing cooperation

SBC News Betting industry welcomes international match-fixing cooperation

The European regulated betting industry welcomes the Council of Europe’s Convention on match-fixing, which aims to prevent the manipulation of sports results. The EGBA, ESSA, and the RGA, believe that it represents a relatively positive and potentially significant development in the fight against sport and betting related fraud. At the same time, certain provisions raise concerns regarding their compatibility with …

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YES result will cost bookmakers £10m

SBC News YES result will cost bookmakers £10m

Scottish punters will pocket up to £10 million in winnings in the event of a yes result in the referendum according to Ladbrokes. With 70% of bets placed north of the border favouring independence, the betting industry is preparing for a multi-million pound payout should the YES campaign defy the odds. Despite the confidence in a breakaway as far as …

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Praesepe deploys OpenBet content solution

SBC News Praesepe deploys OpenBet content solution

OpenBet,  online gaming  and sports betting software provider,  announce that Praesepe operators of  Adult Gaming Centres, have deployed OpenBet’s next generation gaming content display solution in their flagship venue The Crystal Rooms in central London. Successfully installed ahead of the World Cup season this year, OpenBet Promote is a PC-based software product that allows Praesepe to offer their customers high …

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Sportech hit by £93 million tax rebate reverse

SBC News Sportech hit by £93 million tax rebate reverse

Football pools, betting and horse racing operator Sportech has been ordered to pay back a £93 million (€115 million) tax rebate after the HM Revenue & Customs (HMRC) won its appeal against a VAT overpayment claim made by the operator. The rebate ruling, relates to Sportech overpayments claimed on “Spot the Ball” competition operated by Sportech subsidiary brand Littlewoods Pools …

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HKJC reports improved betting performance for 2014

SBC News HKJC reports improved betting performance for 2014

Having announced its new company Chairman Simon Ip, Hong Kong Jockey Club (HKJC) the city’s only racing operator, reported that racing revenues were up 10% from 2013 results. HKJC recorded a horse racing turnover of HK$103.9 billion (£8.2 billion), accounting for 55 percent of company revenues for the business (year ending June 2014). Tax contributions surged 11 percent to HK$19.6 …

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