Retail

The UK Tote Group has reported a record dividend for today’s Ayr Racecourse, the total pot for the six fixtures taking place throughout this afternoon standing at over £100,000. To be precise, the dividend stands at £129,858, boosted to £142,844.68 for punters using the firm’s Tote+ offering via its website or app, which provides a 10% boost. After reaching out …

Steven Spartinos, Chief Executive of Kiron Interactive looks forward to next week’s SBC Summit Barcelona (20-22 September) which will see the virtual sports games supplier showcase its stable of 51 HD interactive games actively available in 60 countries across five continents. ______________ SBC: What makes SBC Summit Barcelona stand out as an event? Steven Spartinos: The SBC Summit in Barcelona …

l’Autorité Nationale des Jeux (ANJ), France’s national gambling regulator, has announced changes to its governance overseeing the redevelopment of France’s unified gambling laws.  The decision has been approved by Bruno Le Maire, the French government’s  Minister of Economy, Finance and Industrial and Digital Sovereign. The ANJ will maintain its current board make-up of nine members, including President Isabelle Falque Pierrotin. …

IGT has completed the sale of its Italian proximity payment business to PostePay S.p.A, striving to maintain focus on its corporate restructure and debt reduction.  Finalised at €700m, the sale will see PostePay take control of the payments business from IGT’s IGT Lottery subsidiary. The price represents a negotiated sales price with an enterprise value of €630m, approximately €70m of …

Targeting expansion of its retail betting operations, FSB has signed an agreement with independent British bookmaker Bet Central. The company will integrate FSB’s SSBT technology across four ‘key shops’ within its regional estate, which is focused in Southeast England in locations such as Greater London, Braintree and Harwich. Through the omnichannel bookmaker’s partnership with the B2B sports betting and igaming …

Allwyn Entertainment has cited growth across all core markets as it finalises terms for a transformative SPAC merger with Cohn Robbins Holdings (CRHC) that will see the business list as the biggest lottery incumbent of the NYSE.  Publishing its consolidated H1 Interim trading report, Allwyn (formerly SAZKA Group) registered first-half 2022 gross gaming revenues of €1.77bn. The outcome reflected a …

Metropolitan Gaming has offloaded its South African casino interests in a move that the firm has said is reflective of a focused strategy to invest and develop facilities across primary markets. After purchasing 11 venues across the United Kingdom, Egypt and South Africa from Caesars Entertainment in August 2021, the casino and entertainment firm added the Park Lane Club London in June 2022 in what …

The British Horseracing Authority (BHA) has announced that all UK racing events will be postponed on Monday 19 September for the funeral of Her Late Majesty, Queen Elizabeth II. The decision was endorsed by UK racing’s governing bodies, to allow horseracing stakeholders the opportunity to respect Queen Elizabeth II’s state funeral that will take place at Westminster Abbey on Monday …

The board of the Hong Kong Jockey Club (HKJC) will be led by the new governance duo of Michael Lee as Chairman alongside Eric Li Ka Cheung serving as Deputy Chairman.  The appointment follows the restructuring of HKJC Board of Stewards, which saw members elect Lee as new Chairman to lead the corporate oversight of Hong Kong’s monopoly operator for …

William Hill and Betfred have separately confirmed that their betting shops will be closed on Friday 9 September to respect the passing of Her Majesty Queen Elizabeth II.  The Big-4 retail bookmakers announced their decision to close shops on Friday via Twitter. William Hill stated: “We’re saddened to hear of the passing of Her Majesty The Queen. “Queen Elizabeth II, …