Retail

Sir Needham shows support for Belfast Casino

SBC News Sir Needham shows support for Belfast Casino

Rank Group Non-Executive director and former Northern Ireland minister Sir Richard Needham has shown his support for the construction of a casino complex in Belfast. Sir Needham has urged Northern Irish Ministers to take a gamble and allow for the construction of a Belfast casino complex. Currently casinos are viewed as illegal enterprises by Northern Irish law, however new legislation …

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Tabcorp takes Victoria Gov to high court over AUS $686 million claim

Australian betting operator Tabcorp will take its $686 million compensation claim against the Victorian government to the Australian High Court Tabcorp lost a Victorian Supreme Court appeal over the compensation it says it is owed after the expiry of poker machine licences. The Victorian Supreme Court in June ordered the government to pay Tatts $540 million in compensation, while Tabcorp’s push …

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Chinese Security targets major crime syndicates in Macau

SBC News Chinese Security targets major crime syndicates in Macau

Macau’s is set to be targeted by Chinese security chiefs who are preparing to launch a top tier offensive against money laundering and financial crime. China’s Ministry of Public Security will lead the clampdown in Asia’s gambling capital, as Chinese officials aim to attack major crime syndicates operating in Macau. The clampdown forms part President Xi Jinping’s ongoing war on …

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Caesars Entertainment defaults on $225 million bond interest payments.

SBC News Caesars Entertainment defaults on $225 million bond interest payments.

Embattled casino and leisure operator Caesars Entertainment has failed to pay its $225 million bond interest, which was due on 15 December. Caesars Entertainment had confirmed that the operator would not pay the interest, thus triggering a default on its + $18 billion debt. The operator elected not to pay, due to ongoing discussions with first line bondholders and creditors. …

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Boylesports remains “100% committed” to Dundalk HQ

SBC News Boylesports remains "100% committed" to Dundalk HQ

John Boyle, Founder of Independent bookmaker Boylesports, has stated to the Irish Independent newspaper that only a handful of its staff would be affected by the decision to migrate its igaming operations to Gibraltar. Boyle further stated that Boylesports was fully committed to maintaining its Dundalk headquarters. The company currently operates 197 retail betting stores in Ireland. In November Boyle …

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Kiron launches new product inventory with Naga World Hotel

SBC News Kiron launches new product inventory with Naga World Hotel

Virtual games specialist Kiron Interactive has partnered with IPG International to supply its new Keno game to one of Asia’s leading casinos. The deal with the Naga World Hotel and Casino in Phnom Penh, Cambodia is part of a strategy of supplying their top-performing products across the region. Kiron and IPG signed a multi-year agreement in September 2014 to provide …

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Las Vegas Sands appoints Robert. G. Goldstein as CEO

SBC News Las Vegas Sands appoints Robert. G. Goldstein as CEO

Las Vegas Sands has announced the appointment of Robert. G. Goldstein as Chief Executive Officer. Robert. G. Goldstein, will take over leadership of the casino operator in the new year for the retiring Michael A. Leven. Billionaire Sheldon Adelson weill still be the Group CEO, but Goldstein will be trusted with taking the operational reins of the world’s largest gambling company, according …

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Betfred announces departure of Nightingale as Group Finance Director

SBC News Betfred announces departure of Nightingale as Group Finance Director

Betfred have announced that Group Finance Director Barry Nightingale will step down from his position after seven years’ service.  Nightingale will be replaced by Group Financial Controller Nicole Barr. Nightingale joined Betfred in 2008 were he led financial planning for the operator’s multiple business divisions. During his tenure as Group Finance Director, Nightingale led Betfred’s £265 million buyout of the …

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Coral raises £10,000 for Prostate Cancer UK

SBC News Coral raises £10,000 for Prostate Cancer UK

UK bookmaker Coral has raised £10,000 for Prostate Cancer UK, over the past month, new and existing Coral customers have had the chance to take part in Coral’s ‘GOALvember’ activity, allowing them to win free bets. Each week, the challenge asked punters to select a footballer from Coral’s list of players and each time they scored that week, they won a …

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Vienna Court gives back €440,000 to gambling addict

SBC News Vienna Court gives back €440,000 to gambling addict

The Austrian civil court has rewarded a Vienna gambler with €440,000 of losses squandered on slot machines, after a the court ruled that he suffered from an addiction and that gambling premises could not spot his addiction to gambling and prevent him from playing slots. Backed by a psychiatric evaluation, the court agreed that his gambling ‘contracts’ for the period …

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