Retail

US commercial property developer Cordish Companies is reported to have presented plans to build a mega-casino in Madrid, despite concerns from local authorities that have previously rejected its proposals.  The Executive of Madrid is reported to be reviewing a new proposal by Cordish to develop an entertainment complex branded “EuroVegas” that would include a multi-plex casino, restaurants and hotels, amongst …

Tim Kennedy, Vice President of Sales for Europe at SUZOHAPP, will speak at SBC’s Betting on Sports Europe in Twickenham this week. Here he talks about the firm and its long-held links with sports betting. SBC: For those of our readers less familiar with the SUZOHAPP brand, can you tell us more about the company and how it hopes to …

The Palaszczuk Government has revealed that it is delivering a boost to Queensland’s racing industry with a new sustainable funding model. With a key focus on country racing, Treasurer and Minister for Trade and Investment Cameron Dick said the model recognises ‘significant changes’ that have occurred in the racing industry and the important role country clubs play in regional communities. The …

Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing on NYSE will be temporarily delayed.  The transaction that was expected to be finalised during Q2, has been put back due to US stocks plummeting, amid fears of a pending global recession. The Times reports that “the transaction will now not …

The Global Lottery Monitoring System (GLMS) has added three new associate members in its fight against manipulation in sports betting. Following the launch of its updated statutes in September 2020, which permitted associate membership “to all entities engaged in enhancing sports integrity”, the CSCF Foundation for Sport Integrity, the Hungarian Supervisory Authority for Regulatory Affairs (SARA) and the Greek National Platform for Sports Integrity (EPATHLA) have all …

Sportech Plc has issued a business update, informing investors that Andrew Lindley has chosen to step down as Chief Executive of the London AIM wagering and racing systems provider.  Investors were informed that Lindley would not stand for re-election as company leader ahead of today’s AGM. Lindley’s departure comes less than a year in charge of Sportech, in which he …

Tabcorp Holdings has formally announced its new leadership team and boardroom restructure as the business expects to demerge The Lottery Corporation unit on 1 June 2022.  The transition sees David Attenborough retire as Chief Executive of the ASX gambling firm, who will be replaced by Adam Rytenskild as Group CEO of Tabcorp. Last year, Attenborough postponed his planned resignation, in …

Sports Information Services (SIS) has reorganised its senior management team, as part of its ongoing diversification and international growth strategy.   The supplier of 24/7 live betting services has confirmed the promotion of Head of Trading, Adam Conway, to the newly formed role of Head of Competitive Gaming. A 20-year trading specialist, Conway will be charged with overseeing the full operation …

Former Jockey Club and Racecourse Media Group (RMG) Chairman Simon Bazalgette has become the Founding Chair of MyRacehorse – a business that seeks to pioneer micro-share ownership in racehorses for the general public.   MyRacehorse launched its micro-share services for UK and Irish racing last month, providing the public with shares available in three horses currently in training: a £450,000 son …

The UK Gambling Commission (UKGC) has raised concerns that Camelot Group‘s legal challenge of the Fourth National Lottery Competition may delay the handover of the National Lottery’s operating contract to Allwyn UK. The concern was raised by UKGC executive John Tanner in his submission to the High Court of England and Wales, as Camelot seeks to overturn the appointment of …