Retail

All the news form the retail betting sector

‘More needs to be done’ to future-proof the regulation of football betting, says Tracey Crouch

Former Minister for Sport and Civil Society (DCMS), Tracey Crouch, has weighed in on the recent debate surrounding the streaming rights for FA Cup games, arguing that Parliament has a duty to implement future-proof regulation while also ‘allowing those who gamble responsibly the freedom to continue’. The Conservative MP expressed her opinion in Parliament’s magazine The House, addressing the ‘cross-party …

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Rada approves SoP’s redrafted bill but heavy licensing fees remain on Ukraine’s gambling agenda

Following two day-long sessions of assessment, Ukraine’s Verkhovna Rada completes its review of the eight draft bills propositioning the nation’s new gambling framework. A vote carried on Thursday 16 December saw 260 MPs back the amendments of Bill 2285-D following its second Rada reading. Bill 2285 was the original draft law favoured by the ruling ‘Servant of the People’ (SoP) …

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Betfred extends Playtech SSBT partnership

Omni-channel sports betting solutions provider Playtech BGT Sports (PBS) has agreed to continue supplying its self-service betting terminals (SSBTs) to Betfred after the duo extended their long-term partnership. The contract, which now runs until the end of December 2021, will continue to cover the operator’s high street shops throughout the UK. Mark Stebbings, Group Chief Operating Officer at Betfred Group …

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Transformation directives see Rank confident of beating year expectations

Issuing a corporate filing, the governance of LSE-listed gambling group Rank Plc has this morning disclosed that ‘further positive trading’ will see the company deliver underlying operating profits ahead of market expectations. Updating investors, Rank governance underlines significant progress in its ‘corporate transformation programme’ which has underpinned growth within its Digital, Grosvenor and International units. Based on current trading trends, …

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BGC plays straight bat to NHS demands over marketing

The National Health Service (NHS) has demanded that gambling operators take ‘urgent action’ and stop taking credit card transactions ahead of the ban in April, VIP experiences and even bet to view streaming of sports.  In a letter to the Betting and Gaming Council (BGC), NHS England‘s National Mental Health Director Claire Murdoch has called for a ban on promotions …

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DCMS praises ‘constructive talks’ with FA over streaming rights

Ministers from the Department for Digital, Culture, Media and Sport (DCMS) have held ‘constructive discussions’ with the Football Association (FA) regarding the ongoing debate over streaming rights. In a statement, Minister for Sport Media and Communications Nigel Adams explained that no games will be streamed exclusively through gambling operators from this year’s fourth round. He explained: “The FA have confirmed …

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Industry eyes movements of freed FDJ giant

Industry observers will be monitoring closely the first publication of Française des Jeux (FDJ) corporate results as a public enterprise, scheduled for release on Thursday 13 February 2020. Closing 2019, the French government hailed the success of FDJ’s oversubscribed IPO on the Paris Euronext Exchange, as the French lottery operator doubled its corporate valuation to €3.8 billion. Raising capital of …

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GVC tops the list of GambleAware donations for Q1-Q3

Recent figures released by industry charity GambleAware have listed GVC Holdings, William Hill and Flutter Entertainment as the top three donors to the charity for the period 1 April 2019 – 31 December 2019. For the first three quarters of the year, the industry charity had received £7.6m in voluntary contributions, however this does not include funds received through regulatory …

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Paul Fisher confirms departure as Jockey Club Racecourses CEO

The governance of the Jockey Club has confirmed that Chief Executive Paul Fisher will end his tenure as Chief Executive of Jockey Club Racecourses next month, closing a 19-year executive relationship with the UK’s largest racetrack operator. The announcement sees further executive changes within the top ranks of UK racing, as the Jockey Club disclosed its executive management departure just hours …

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BHA seeks new CEO as Rust confirms 2020 leadership departure

The British Horseracing Authority (BHA) has begun its search for a new leader, after Nick Rust confirmed that he will end his Chief Executive tenure at the end of the year. A former Ladbrokes executive, Rust was appointed BHA CEO in November 2014, becoming British horseracing’s first leadership appointment from the betting sector. Upon taking charge of the BHA, Rust was …

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