Retail

Judge to decide whether Trump Entertainment enters Chapter 7 Bankruptcy

SBC News Judge to decide whether Trump Entertainment enters Chapter 7 Bankruptcy

US Bankruptcy Judge Kevin Gross of Delaware, has ordered Trump Entertainment Resorts to “show cause as to why the court should not convert its case for bankruptcy”. The Judge has scheduled a court hearing for 4 December, which will assess whether Trump Entertainment Resorts files for formal liquidation under Chapter 7 of the US bankruptcy code. Under Chapter 7 of …

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Ainsworth Game Technology sets to enter social gambling market in January 2015

SBC News Ainsworth Game Technology sets to enter social gambling market in January 2015

Casino technology provider Ainsworth Game Technology is set to enter the social gambling market, with the upcoming launch of its Players Paradise Casino, scheduled for release in January. Danny Gladstone Ainsworth GT Chief Executive said that the company could no longer afford to ignore the fast growing market, which had seen other land based casino competitors successfully enter “Whilst our …

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Bally Shareholders approve Scientific Games acquisition terms

SBC News Bally Shareholders approve Scientific Games acquisition terms

Bally Technologies announced that its shareholder had approved the $5.1 billion acquisition plan by lottery and gambling technology provider Scientific Games Corp (SGC). The approval gives SGC the right to complete the acquisition deal by the end of 2014. Bally shareholder approval is one of the set conditions which has to be cleared in order for the transaction to close. …

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US Gambling Industry supports Silvers stance on sports betting

SBC News US Gambling Industry supports Silvers stance on sports betting

US betting and gambling stakeholders have shown their support for NBA Chief Commissioner Adam Silvers pro legalised sports betting views. Silver who became NBA Commissioner in February, is the first head of a major US sports league to call for sports betting to be legalised and regulated.  Silver urged for the US government and  its Federal Courts to change their …

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Intralot appoints Antonis Kerastaris as CEO

SBC News Intralot appoints Antonis Kerastaris as CEO

Greek lottery and gaming provider Intralot has announced the appointment of Chief Financial Officer Antonis Kerastaris as Group Chief Executive, following the retirement of Constantinos Antonopoulos after twenty two years in the role. Kerastaris replaces Antonopoulos effective immediately, Intralot announced that Antonopoulos would remain at the company serving as Vice Chairman of the Board of Directors. Kerastaris joined Intralot operations …

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Jörn Anhalt – Sportradar Group – Live Impacts

SBC News Jörn Anhalt - Sportradar Group - Live Impacts

SBC caught up with Jörn Anhalt, Managing Director of Media Rights for the Sportradar Group, to discuss the impact of live-channel features on both digital and retail sports betting operations and consumer habits. Sportradar Group are European market leaders at providing syndicated sports content and betting related data and insight technology and provisions. Anhalt who leads strategic sales activities and …

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Former Premier League Player Delroy Facey pleads not guility to conspiracy charge

SBC News Former Premier League Player Delroy Facey pleads not guility to conspiracy charge

Former Premier League striker Delroy Facey has pleaded not guilty to the charge of conspiracy to commit bribery at Birmingham Crown Court. Facey who played in the Premier League for Bolton Wanderers FC (2002 – 2004) is alleged to have committed the offence of bribery by offering financial advantage to a group of registered professional football players. The 34 year …

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TCS John Huxley announces the departure of Catherine Burns as Group Operating Officer

SBC News TCS John Huxley announces the departure of Catherine Burns as Group Operating Officer

  Gambling equipment supplier TCS John Huxley has announced that Group Operating Officer Catherine Burns is set to leave the company on 21 November. Burns will be replaced by Tristan Sjöberg who will assume her responsibilities till a suitable replacement is found. Catherine Burns leaves the casino equipment supplier, having joined in March 2012, after serving as Vice President of …

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David Wentker – Tapcentive Inc – The Location Game

SBC News David Wentker - Tapcentive Inc - The Location Game

SBC begins this week by speaking to Tapcentive Inc Founder and CEO David Wentker on In-location marketing and Near Field Communication (NFC) technology. Wentker details to SBCNews why gambling retailers and online operators must pay attention to dynamics which will likely come into play through in-location marketing technologies. San Francisco based Tapcentive is a technology provider looking to transform how …

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Codere continues its struggle with €136 million net income loss

SBC News Codere continues its struggle with €136 million net income loss

Embattled Spanish casino and sports betting operator Grupo Codere increased its net income losses in the first nine months of 2014 by 36% €136 million (2013 – €93 million). The losses suffered by the operator were driven by increased costs in its debt restructure and its settlement with Italy’s Court of Auditors. In its latest financial report Codere senior management …

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