Retail

Betsson names GoldenRace virtual supplier for Greek market

SBC News Betsson names GoldenRace virtual supplier for Greek market

Betsson Group and GoldenRace have announced a partnership focusing on Greece, with the latter providing the operator with its virtual sports offering. As the exclusive virtual sports provider of the Swedish international gambling group for the Greek market, GoldenRace has further bolstered its position in the recently regulated sector.  The company – which acquired a licence from the Hellenic Gaming …

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Swedish GGR climbs 6% YoY in Q1 2022 but falls from year end figures

SBC News Swedish GGR climbs 6% YoY in Q1 2022 but falls from year end figures

The Swedish betting and gaming industry’s post-lockdown recovery has continued in the first quarter of the year, as total revenue reached SEK 6.5 billion (€6.2m). A 6% increase on Q1 2021, the quarter saw Sweden’s 66 licensed sports betting and casino operators collect wagering revenue of SEK 4.1 billion (€392m), a rise of 4% on the previous year according to …

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BetMakers to upgrade Royal Sabah tote system with Quantum solution

SBC News BetMakers to upgrade Royal Sabah tote system with Quantum solution

BetMakers has signed an agreement with the Royal Sabah Turf Club, providing its solutions to the Malaysian racecourse operator and its betting network.  The five-year deal will see BetMakers deliver a tote betting system along with content management services at the Tambalang Race Course and the Royal Sabah’s off-course betting network, via its Global Tote and Global Racing Network divisions. …

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Betway loses appeal against €10k Swedish fine

SBC News Betway loses appeal against €10k Swedish fine

Betway’s appeal against a fine imposed by Sweden’s gambling regulator, the Spelinspektionen, has been rejected by the Administrative Court in Linköping. The Super Group sports betting and gaming brand’s case to the court was ‘rejected in its entirety’ by the court, upholding the SEK 100,000 (€9,800) fine imposed on the firm by the Swedish Gamlbling Inspectorate.  Spelinspektionen imposed the financial …

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Kindred continues to support working parents with Women in Racing

SBC News Kindred continues to support working parents with Women in Racing

Kindred has extended its partnership with Women in Racing on the Racing Home programme, which aims to educate stakeholders within the racing industry about motherhood and parenthood.  Racing Home has now launched an online educational portal as well as a rehabilitation programme and a podcast series to further support working parents. This offers guidance to mothers returning to riding post-pregnancy, as …

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Nueva Codere recovery outlook bolstered by positive Q1 results

SBC News Nueva Codere recovery outlook bolstered by positive Q1 results

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

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Tabcorp split signals new era for Australian betting 

Tabcorp revenue bitten by ‘softer trading’ in 1Q24

Australian gambling stands on the verge of a market transformation, as shareholders of ASX gambling group Tabcorp Holdings have unanimously approved splitting the business.  This morning, Tabcorp’s board disclosed that 99% of shareholders had approved for the demerger of ‘The Lottery Corporation Limited’ – the unit that operates the Tatts Lotto and Keno business across Australia’s six states. The demerger …

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HBA Media to manage France Galop’s portfolio of events

SBC News HBA Media to manage France Galop’s portfolio of events

International media rights agency, HBA Media, has been appointed as the global horseracing distribution partner of France Galop in a four-year agreement. The firm will control the steeplechase and flat racing authority’s racing portfolio in a bid to ensure global broadcast and multi-platform distribution for the Qatar Prix de l’Arc de Triomphe and a further 26 Group 1 and Group …

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Camelot claims National Lottery loss will render business obsolete

SBC News Camelot claims National Lottery loss will render business obsolete

Camelot’s case in the High Court continued this week, with the National Lottery operator maintaining its protests about the future direction of the contract.  A representative for the company reportedly informed the High Court that it would ‘cease to exist’ should the next ten-year licence for the National Lottery be awarded to Czech firm Allwyn.  Following a lengthy licence tender, …

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GBGB to probe benefits of increased betting industry welfare contributions

SBC News GBGB to probe benefits of increased betting industry welfare contributions

The Greyhound Board of Great Britain (GBGB) has issued an update on its welfare commitment, detailing progress across a number of areas. Notably, the sporting body has focused on the British betting industry’s contribution to greyhound welfare standards, noting that its strategy can ‘only be released’ with the sector’s long-term funding.  Building on this, the GBGB states that it will …

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