Retail

All the news form the retail betting sector

Espinosa maintains DGOJ leadership ahead of Spanish gambling overhaul

Juan Garcia Espinosa will maintain his position as Director-General of Spanish gambling regulatory authority – Dirección General de Ordenación del Juego (DGOJ). On Wednesday, Spain’s newly formed PSOE and Podemos coalition government concluded a Council of Ministers meeting, in which ‘structural changes’ to Spanish ministerial departments were confirmed. Despite sanctioning significant ministerial changes, Spain’s ‘socialist union’ coalition government has chosen …

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Eamonn Wilmott departs UK Tote Group

The UK Tote Group has begun its search for a new Chairman after Eamonn Wilmott confirmed he would be stepping down from the company. Wilmott, who took control of The Tote in October 2019, was instrumental in the Together for the Tote initiative. The initiative saw The Tote team up with racecourse operator Britbet, later buying the pool betting operator …

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Digital performance drives growth for Rank Group

Rank Group has praised further growth across its digital division, with the group reporting growth in NGR and operating profit of 14% and 117% respectively. Publishing its interim results for the six months ended 31 December 2019, Rank attributed the 10% year-on-year lift in net gaming revenue (NGR) to the progress made on the group’s transformation programme. John O’Reilly, Chief …

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On-course bookies rail against ‘severe’ age-verification penalties

Members of the racing industry have expressed concerns over the UK Gambling Commission’s ‘absolutely horrendous’ decision to make seven on-course bookmakers pay what amounts to 2.5% of their gross profit for an entire year, as a penalty for allegedly allowing a 16-year-old was able to place a £5 bet at Royal Ascot 2019. The seven bookmakers affected have been granted …

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Ukraine Rada to review unclear tax frameworks

Four draft laws have been presented to Ukraine’s Verkhovna Rada (Parliament), which has set about establishing a new federal tax framework for gambling services. Nevertheless, industry observers appear unimpressed with the draft provisions to modify Ukraine’s tax code, in support of this month’s redrafted and approved Bill 2285-D, which will lay the foundations of ‘Ukraine’s Gambling Law’. The ‘main tax …

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BGC dismisses educational data allegations as ‘categorically untrue’

Responding to recent media reports which alleged that UK betting firms had been engaging with breached data from the ‘Learning Records Service’ educational index, the Betting and Gaming Council (Betting and Gaming Council) has stated that the allegations ‘are categorically untrue.’ In a statement on its website, the BGC reiterated that all betting companies are legally required to conduct age …

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Bill Moyes stands by UKGC’s National Strategy as the correct approach

Bill Moyes, Chairman of the UK Gambling Commission (UKGC), has backed the regulator’s ‘National Strategy’ on reducing problem gambling harms, protecting consumers and improving all-around industry standards. Speaking at the ‘North West Reducing Gambling Harms’ conference launched by the community councils of Greater Manchester, Moyes backed the UKGC’s strategy of ‘challenging gambling operators’ and improving collaboration between all stakeholders tackling …

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BoyleSports extends sponsorship of the Irish Grand National

Irish independent bookmaker BoyleSports has extended its sponsorship agreement for the Irish Grand National, renewing the deal for a further four years. The independent bookmaker has sponsored the race at Fairyhouse Racecourse since 2014, with this year’s edition celebrating the 150th anniversary of the track. Leon Blanche, Head of Communications at BoyleSports, commented: “BoyleSports are really proud to sponsor such …

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Racecourse betting continues to grow in Ireland reports HRI

The on-course betting sector in Ireland continued to grow throughout 2019, with Horse Racing Ireland (HRI) reporting a 6.6% increase in turnover. Previously, the betting ring had seen its turnover fall by 75% over the last 10 years, however the latest figures have shown a revival in on-course betting, with bookies handling €58.4m. HRI Chief Executive Brian Kavanagh said: “Horse …

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Tabcorp eyes joining the National Lottery’s hot pursuit

Australia ASX-listed Tabcorp Holdings will renew an ambition to establish its presence within UK gambling, as it prepares to bid for the 2023 National Lottery operating contract. The Daily Telegraph reports that Tabcorp governance has held discussions with investment bank Rothschild, one of four strategic advisors forming the UKGC’s tender evaluation body. A turbulent 2019 saw Tabcorp governance criticized by …

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