Retail

Groupe FDJ has raised its full-year revenue and earnings forecasts, as the French gambling group anticipates a strong finish to 2022. Providing a Q3 trading update (period ending 30 September), FDJ recorded a 12% increase in corporate revenues to €592m. The Paris Euronext firm continues to benefit from the full recovery of Française des Jeux (FDJ) retail network benefitting the …

Horse racing, perhaps the ultimate mainstay product of the betting industry, has been suffering from declining public interest in recent years. Attempts to reach out to a new audience and drive attendances have been numerous, with notable developments including the launch of the Racing League in 2021, using a team based format to appeal to a wider sporting viewership.  For …

Scientific Games has announced the appointment of Mona Garland as Chief Human Resources Officer (CHRO) of the lottery technology and systems supplier. Garland will steer the new global HR strategy of Scientific Games, following the firm’s sell-off from Light & Wonder which saw the lottery tech group become an asset of Canadian private equity fund Brookfield Partners. The board of …

Rank Group Plc maintains growth against tough macroeconomic headwinds impacting customer spending activity and the profitability of its UK gambling venues. This morning the LSE gambling group published its Q1 2022/2023 trading statement, registering a 2% increase in net gaming revenues (NGR) to £166m.   Headline growth was maintained despite Rank’s flagship Grosvenor Casino unit’s continued performance decline, in which Q1 …

Betr, Matthew Tripp’s new sportsbook venture, is reportedly the front-runner for the coveted WA TAB operating licence, granted by the government of Western Australia.   Australian media reports that Betr is the ‘preferred suitor’ of the WA Gaming and Wagering Commission (DLGSC) to take charge of operating the WA TAB betting offices, ahead of Tabcorp and Entain. The Commission is reported …

SIS (Sports Information Services) is involved in a legal battle with an independent Irish bookmaker, focused around broadcasting rights. The news was broken yesterday by The Irish Times (IT), which reported that SIS Media Ltd, – the Republic of Ireland division of the wider SIS Group – is in the process of suing AlphaBet over broadcasting rights.  According to SIS, …

Lottoland has accused the German gambling regulator of “creating facts” to protect the state lottery after being singled out for enforcement actions. The Glücksspielaufsicht der Länder (GGL) has been targeting Lottoland since July, citing prohibition of betting on state lottery outcomes under the Fourth Interstate Gambling Treaty (GlüNeuRStv). Defending its German operations, Lottoland has argued that the regulator’s request for …

Premier Greyhound Racing has made a new addition to its senior management, in particular bolstering its animal welfare credentials, as Clarissa Baldwin joins as a Non-Executive Director.  A CBE recipient for animal welfare work, Baldwin joins the company – a joint venture between Entain and the Arena Racing Company – after a 25-year tenure as CEO of the Dogs Trust …

Tabcorp (TAB) has secured its position as naming rights sponsor of Australian Turf Club’s (ATC) Everest Race Day, in an extended three-year partnership. Described as Australia’s richest race day, the competition will be renamed to the TAB Everest Race Day, whilst the firm also remains the ATC’s official wagering partner for the next three years. The gambling firm’s CEO, Adam …

SIS (Sports Information Services) expanded its partnership with RETAbet, securing a multinational launch for its Competitive Gaming (CG) products in Spanish-speaking markets.  The deal includes provision of SIS’ NBA2K and FIFA esports tournaments, which will be distributed across RETAbet’s retail – in shops and bars – and online channels, allowing for 24/7 live viewership and betting. This marks the latest …