IGT Plc is confident of delivering on its 2022 financial targets and operating objectives, despite a slowdown in the performance of its flagship Global Lottery unit. Publishing its Q3 trading statement, the NYSE gambling technology group achieved consolidated revenues of $1.06bn, up 8% on 2021 comparative results of $984m. Headline growth was maintained by the group’s Global Gaming unit recording …
Read More »
Flutter Entertainment has notified shareholders that Zillah Byng Thorne has ended her nine-year tenure as a board member of the FTSE100 gambling group. The CEO of British media and publishing group Future Plc, Byng Thorne will officially resign from Flutter directorship duties on 31 January 2023. Departing Flutter, Byng Thorne has accepted to serve as a Non-Executive Director of NYSE-listed …
Read More »
Stride, a new horse racing platform centred around flat racing syndication, launched this week as a communications centre for key sporting stakeholders. The challenger platform has set an objective of becoming ‘the premier racing communications’ destination for racehorse owners and followers of the sport. In pursuit of this, Stride has established a network for use by owners, trainers, stable support …
Read More »
The World Lottery Association (WLA) has paid tribute to Guy Simonis, as its ‘founding father’, who passed away on October 5 at the age of 91. Simonis played an instrumental role in the lottery industry, particularly in Canada where he developed the country’s first sports lottery to help fund the activities of the Manitoba Amateur Sports Federation he founded in the 1960s. The scope of …
Read More »
Spotlight Sports Group (SSG) has extended its partnership with bet365, with the operator continuing as sponsor of the ‘Upping the Ante’ YouTube show. The contract with bet365 has been renewed for a further two years, naming the bookmaker as title sponsor of Upping the Ante for the fourth and fifth consecutive series, covering 21 weekly shows. Upping the Ante is …
Read More »
FSB has continued to make strides in developing its retail offering with the launch of a new Companion App. Players will now have the ability to transfer bets placed in a brick-and-mortar betting shop onto a digital wallet app via their smartphone. The app, which can be branded end to end for individual operators, also allows players to transfer bets …
Read More »
Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has issued a warning to Nationale Postcode Loterij (NPL), the Dutch Postcode Lottery, for breaching the advertising rules of the KOA regime. The warning concerns an NPL campaign which featured a ‘well-known celebrity’ to promote a ‘Deal or No Deal’ themed lottery game on TV and online media. The use of a celebrity contravenes …
Read More »
Several media rights distribution deals for the Melbourne Cup and Breeders Cup, two of Australia and North America’s flagship racing fixtures, have been signed by HBA Media. Of significance to UK viewers, HBA has signed another contract with ITV, marking the return of stateside racing content to the free-to-air channel, as the network makes its second broadcast of the Breeders …
Read More »
The UK National Lottery’s contribution to good causes has broken the £500m mark for the second time in five quarters after increasing by 18.7% sequentially. The UK Gambling Commission (UKGC) noted that Camelot, operator of the National Lottery, contributed £501.8m to good causes for the three-month period ending September 30, up 18.7% on Q1’s total of £422.9m. Meanwhile, the contribution …
Read More »
Exactly one week after announcing its takeover of horse racing ratings firm Punting Form, BetMakers has confirmed that the acquisition is complete. The Australian sports betting platform provider intends to incorporate Punting Form into its Global Betting Services division, a move which it believes will improve back-end tools and relative trading margins, as well as drive more efficient pricing. On …
Read More »
SBC News Voice of the Sports Betting Industry