Retail

  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 …

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 …

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 …

Sportech Racing & Digital has agreed to supply Nebraska’s Lincoln Race Course and Horseman’s Park racecourses with digital and land-based betting provisions, as the pools betting provider expands its services in the USA. Both racecourse are operated by Omaha Exposition and Racing, who approached Sportech Racing & Digital to be its tote and pari-mutuel betting partner. Racecourse management will now …

LBO technology supplier A Bet A has unveiled a new betting shop display product that finally removes the discrepancy between the odds shown on the tills and the customer’s screen. The company’s Smart Screens prevent the sort of latency issues that have plagued the retail industry for years, becoming a major cause of customer dissatisfaction. Other system benefits include cutting …

Casino and leisure operator Caesars Entertainment has entered talks with creditors to create a financial restructuring plan in order to ease its debt burdens which exceed $24 billion (£15.4 billion). In its last quarter financial earnings report the casino operator recorded net losses of $900 million (£570 million), even though it had managed to grow revenues 6% to $2.21 billion. …

Medway in south east England is to trial a scheme which will allow gamblers to exclude themselves from all betting shops in the area with a single registration. Medway Council and the Association of British Bookmakers will launch the project in December which will enable customers to ban themselves from every betting shop operator in Chatham High Street for the …

South Africa’s National Gambling Board is to be scrapped after controversy surrounding international expenses, according to Trade and Industry Minister Rob Davies. The minister said that the National Gambling Board – which spent R4.1m (£230,000) on travel in the last three years, including a trip to Las Vegas which cost over R1m (£56,000) – told Parliament that the organisation would …

Betting pools and horseracing operator Sportech said its profits should fall within corporate forecasts following its trading update for the period from 22 August to 10 November 2014. The operator has been hit a 2% fall in bet wagering generated from its US racing operations, Sportech commented that the decline had been caused by changes made to the racing calendar. …

Gala Coral has released its preliminary unaudited 2014 Q4 and full year performance results (period ending 27 September). The operator recorded an increased Q4 2014 revenues of £288.3 million up 21% on Q4 2013 £238.6 million.  Increased gaming revenues were supported by improved Q4 gross profits of £211.7 million up 20% on Q4 £175.8 million. Gala Coral expects to post …