Retail

Codere backs stable portfolio ahead of further 2022 transformations

SBC News Codere backs stable portfolio ahead of further 2022 transformations

Codere SA has published a performance update on Q4 2021 trading activities – a period that saw the Spanish gambling group delist from the Bolsa Madrid exchange to comply with bondholders’ orders. During Q4 trading, Codere registered corporate revenues of €291m, a  result that saw the company match 85% of like-for-like revenues achieved during Q4 2019  prior to its business …

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Network Gaming secures £1.25m funding from prominent investors

SBC News Network Gaming secures £1.25m funding from prominent investors

Sports prediction games developer Network Gaming has received funding of £1.25 million from a raft of investors, including some major names in the betting and igaming industry. Participants in the funding round include Betfair Co-Founder Andrew Black, Colossus Bets CEO David O’Reilly and TX Odds CEO Einar Knobel. Additional investors include Sandford Loudon, a partner at financial consultancy firm Oakside …

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ITIA hires Stats Perform’s Iliffe to lead tennis’ new intelligence unit

integrity

The International Tennis Integrity Agency (ITIA) has confirmed the appointment of Nick Iliffe as Director of Intelligence, helping maintain pro tennis’ integrity against the threats of match-fixing and sports corruption. An expert in sports data and coordinating intelligence units, Iliffe joins the ITIA from leading sports tech and data provider Stats Perform, where he formally oversaw the development of the …

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SIS expands commercial team to drive multi-market growth

SBC News SIS expands commercial team to drive multi-market growth

SIS (Sports Information Services) has made a number of promotions and appointments in pursuit of its strategy for further international growth and partnership development. The 24/7 live betting services supplier has focused the hiring and promotions on its commercial team, creating three new Head of Sales roles covering three jurisdictions. Joe Andrews has been promoted to Head of Sales of …

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Swedish Ombudsman loses right to examine TV4 Triss partnership

SBC News Swedish Ombudsman loses right to examine TV4 Triss partnership

Konsumentombudsmannen (KO) – Sweden’s Consumer Ombudsman has been rejected in its appeal to examine a contract between Svenska Spel and TV4 AB regarding their existing arrangement to promote Triss (instant win) games. Since 2020, KO has stood by its original decision that news features on TV4 promoting Triss winners should be classified as advertising. Its decision was deemed necessary to …

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Camelot to challenge loss of National Lottery contract

SBC News Camelot to challenge loss of National Lottery contract

Camelot UK is set to launch a High Court legal challenge to the UK Gambling Commission’s (UKGC) decision to name Allwyn as the ‘preferred applicant’ for the fourth National Lottery licence. As reported this weekend by The Daily Telegraph, the ever-present officeholder will announce its intentions to take the Commission to court later this week, claiming it ‘broke the law’ when awarding the Czech-based operator the licence. …

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Merkur UK increases community donations to £1.25m

SBC News Merkur UK increases community donations to £1.25m

British arcade operator Merkur UK has underlined its ‘local community credentials’ by making a further £5,000 donation to the Bacta Charitable Trust. The donation was presented by Merkur UK General Manager, Sascha Blodau, to Industry figurehead and Chairman of the Trust, Jimmy Thomas, alongside Bacta CEO John White, at the recent Entertainment Attractions & Gaming International Expo (EAG Expo 10-12 …

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BGC: Industry is ‘supercharged’ to welcome visitors in English Tourism Week

SBC News BGC: Industry is ‘supercharged’ to welcome visitors in English Tourism Week

The Betting and Gaming Council (BGC) has stated that the UK’s gambling sector is ready to welcome international visitors through its doors after two years of travel and opening restrictions.  With travel restrictions to the UK easing as the country emerges from COVID-19 lockdown and safety conditions, the BGC has reiterated the financial contribution the gaming industry makes via international …

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Buenos Aires racecourses permitted to grant betting licences

SBC News Buenos Aires racecourses permitted to grant betting licences

Racetracks in the city and province of Buenos Aires will now be able to grant betting licences, following permission from regional regulatory authorities. A new update on the regulation of the province’s horse racing agencies from the Provincial Institute of Lotteries and Casinos (IPLyC) – the local regulator – and published in the provincial Official Gazette, confirmed the development. As …

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Racing League names team managers ahead of jockey draft 

SBC News Racing League names team managers ahead of jockey draft 

The Racing League will host a ‘jockey draft’ on Saturday morning (26 March) at Doncaster Racecourse to assign competing riders with their designated teams. The draft marks the return of the Racing League – the Arena Racing Company’s (ARC) team competition for its second season. Following its successful launch in 2021, the Racing League will begin its second season hosting …

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