Retail

Greyhound Racing Victoria (GRV) has signed a partnership with Tabcorp’s Sky Racing, granting the outlet broadcasting rights for the next four years.  The greyhound racing authority for the Australian state of Victoria aims to enhance the profile of the sport, whilst also developing additional content across the Sky Racing network.  Additionally, both Tabcorp and the GRV have outlined a joint …

Positive regulatory developments in Italy have seen bookmakers end their licensing limbo, as Parliament has allowed concessions to be extended for a further two years until 2024.  Italian ministers agreed to override gambling regulator ADM, the Customs and Monopolies Agency’s review of licence concessions that had been botched during 2021 – which saw the franchisees of Snaitech, Lottomatica, Sisal, SKS365 …

Boris Johnson’s resignation as Prime Minister has left UK gambling in limbo with regards to its regulatory future, as frustrated incumbents continue to wait for the publication of the government’s White Paper review of the 2005 Gambling Act. As the current situation stands, the government has under two weeks to publish the White Paper before Parliament’s recess on 22 July. …

A Swedish court has upheld three separate penalties imposed in 2019 by the national regulator against SkillOnNet, Betway and Betfair. The fines were issued by the Spelinspektionen, the Swedish Gambling Inspectorate, for violations of licensing conditions relating to bonus provisions and underage gambling, and combined they hit a total of SEK 23.2m (£1.84m)..  In the case of SkillOnNet, the company …

Political turmoil in Westminster is predictably impacting a range of sectors, with betting no exception as the 2005 Gambling Act review judgement is reportedly delayed once again. The white paper on the 19-month-long regulatory overhaul was initially scheduled for publication in the spring, but this date was pushed back until July as final details were hashed out amidst a debate …

888holdings has completed the sale of its B2B and B2C Bingo business to Saphalata Holdings, a major development in its corporate restructuring.  A member of the Broadway Gaming Group, Saphalata initially agreed to buy 888’s Dragonfish brand for a total cash consideration of $45,25 million (£37.4m) back in December 2021.  The transaction saw $45.25m payable on completion of the deal …

OpenBet, the sportsbook division of Light & Wonder, has partnered with Czech lottery operator Sazka to support the latter’s online and mobile wagering operations.  Part of the Allwyn Group – formerly the Sazka Group before its rebrand earlier this year, with Allwyn initially the UK identity of the company – Sazka maintains a Czech market sportsbook holding in Sazkabet. The …

Camelot UK’s High Court challenge of the Fourth National Lottery Licence Competition could cost the UK government £600m in damages – should the lawsuit deem the competition as an unfair outcome.  The operating steward of the National Lottery since its 1994 inception, Camelot refuses to accept the ruling of the UK Gambling Commission (UKGC) to award its next 10-year operating …

Flutter Entertainment has confirmed the departure of Victor Corcoran as Chief Executive of Paddy Power. Corcoran’s exit from the role comes as Flutter announces internal changes to its UK-&-IRE division, which has seen brand CEOs become Chief Commercial Officers (CCOs).  The CCOs will be charged with overseeing the commercial performance of the FTSE100 firm’s home market brands. Former Retail MD …

PointsBet, the Melbourne-based but US-focused betting operator, has announced an expansion of its European operations with the opening of a new HQ in Dublin.  The office marks the ASX-listed betting and igaming operators first major operational presence in a European country, as well as a strengthening of its presence in the Irish market in particular. Supported by PointsBet’s recently secured $65.8m …