The Chancellery of Bremen has declared that 14 betting offices are to remain closed as the Interior Senator of the city-state finalises his review of money laundering rules and infringements. In July, Interior Senator Ulrich Mäurer ordered that all 32 betting offices licensed in Bremen to shut down immediately, impacting the businesses franchises of Tipico, HappyBet, Tipwin and XTiP. The …
Read More »Retail
GBGB condemns ‘ludicrous’ cross-charity greyhound racing ban call
Three prominent UK animal welfare charities – the RSPCA, Blue Cross and Dogs Trust – have called for a permanent ban on greyhound racing, prompting harsh criticism from the Greyhound Board of Great Britain (GBGB). In the trio’s joint statement, they cited GBGB data showing that over 2,000 greyhounds died and nearly 18,000 were injured between 2018 and 2021, whilst …
Read More »£50 & £20 paper notes to cease as legal tender on Friday
Businesses across Britain have been reminded that Friday will mark the final day that paper banknotes will be accepted as legal tender. Following the 30th of September, the old banknotes will no longer be seen as legal tender, and will be completely replaced with polymer notes. A statement from the Bank of England revealed: “Although the majority of paper £20 …
Read More »DAZN to acquire ELEVEN in bid to dominate all European football coverage
DAZN has entered an agreement to acquire the media division of football streaming OTT competitor ELEVEN Group in a power play to dominate European football broadcasts. The deal, announced this morning, saw DAZN declare that it will become the “largest holder of European sports rights”, as its business will net a further 40,000 live events per year taking control of …
Read More »Allwyn US listing put on hold as Cohn Robbins combination abandoned
Allwyn has stated that a public listing and expansion of its operations in the US remain future objectives, despite shelving its proposed merger with SPAC Cohn Robbins Holdings Corp (CRHC). The European lottery operator announced over the weekend that the duo had ‘jointly decided’ not to pursue the planned business combination, citing several factors. These included the timing of the …
Read More »UK Racing makes pledge to Respect in Racing campaign & code of conduct
UK racing has launched its first integrity-led campaign “Respect in Racing”, to promote the collective ambition to establish “the highest standards of behaviour and a culture of respect across all levels of horseracing.” Announced by the British Horseracing Authority (BHA), the campaign has been developed by a cross-industry working party comprised of UK racing’s major bodies, who share a unified …
Read More »FDJ enters ‘exclusive negotiations’ to acquire ZEturf
La Française des Jeux (FDJ) is apparently seeking an expansion of its standing in the French betting space, targeting an acquisition of ZEturf Group. The Boulogne-Billancourt-headquartered company announced that it had entered into ‘exclusive negotiations’ for a takeover of ZEturf, a horse racing betting operator as well as the company behind the ZEbet brand. Via its betting holdings, ZEturf is …
Read More »Prean Naidu targets ‘new commercial partnerships’ in SIS role
SIS (Sports Information Services) has continued its recruitment drive, appointing Prean Naidu as Commercial Manager – UK and Europe. Naidu’s responsibilities will primarily involve driving further commercial expansion, as the company aims to maintain momentum on international growth and enhance its profile across multiple markets. The appointment comes after a series of key hires and promotions within SIS to support …
Read More »UKGC formally awards National Lottery licence to Allwyn
Allwyn Entertainment UK has been officially awarded the National Lottery’s operating contract by the UK Gambling Commission (UKGC). Allwyn was first named as the preferred candidate for the fourth National Lottery licence in March, but current incumbents Camelot contested the Gambling Commission’s decision and appealed to the High Court. Therefore, commencement of the transition period was delayed until further notice, …
Read More »IGT increases debt note cash redemption to $600m
IGT Plc has disclosed that it has increased the cap on its tender offer to raise cash from its US and EU senior debt notes from $500m to $600m. This September the NYSE technology group authorised a ‘purchase for cash’ transaction, aiming to raise $500m from its outstanding $1.1bn senior secured $ notes due for 2025 at a 6.5% interest …
Read More »