Tag Archives: Sky Betting & Gaming

Industry big guns issue response on levy commitment

Five of the industry’s big guns have shed light on recent revelations that there would be a collaborative effort in improving problem gambling initiatives by boosting levy contributions from 0.1 per cent up to 1 per cent over the next five years. It was reported by the BBC yesterday that CEOs from Bet365, Flutter Entertainment, GVC Holdings, Sky Betting & …

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Greyhound Board of Great Britain commits further funding to animal welfare

The newly-rebranded Greyhound Board of Great Britain (GBGB) has pledged to continue directing at least 75% of the funding it receives from the betting industry towards animal welfare, as detailed in its first year update. Earlier in the year, a number of the industry’s bookmakers agreed to voluntarily set aside funds to go towards greyhound racing. Betfred, Paddypower Betfair, Sky …

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Sky Bet collaborates with Leeds charity to support individuals with autism

Sky Betting & Gaming has collaborated with Leeds-based charity Lighthouse Futures Trust to create a new approach which will see the duo help boost technical talent and increase employability for young adults with autism across the city. As part of the new programme, Sky Betting & Gaming has rolled out its ‘coding for beginners’ initiative which has already been proven …

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ABB backs bookmakers’ contribution to greyhound welfare

The Association of British Bookmakers (ABB) has welcomed UK bookmakers’ decision to supply an additional £3m in funding to the provision of greyhound welfare and the uplift of the greyhound racing industry as a whole. The funding commitment will be paid for by UK bookmakers, after the UK Gambling Commission secured a voluntary agreement with Betfred, William Hill, Sky Betting …

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Bookmakers commit to £3m funding scheme for Greyhound welfare

The UK greyhound scene secures a much-needed uplift, as this morning the UK Gambling Commission (UKGC) has confirmed a new funding deal of £3 million for the ‘Greyhound Trust’, focusing on animal welfare, training and protections. The funding commitment will be paid for by UK bookmakers, with the UKGC securing a voluntary agreement with – Betfred, William Hill, Sky Betting & …

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Stars Group to publish Sky Bet business report on 17 September

Updating the market, the governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will publish a ‘business acquisition report’ (BAR) related to its $4.7 billion takeover of Sky Betting & Gaming on Monday 17 September 2018. The report will include Sky Betting and Gaming’s audited financial statements for the fiscal year ending 30 June 2018 as well …

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Sky Bet launches new ‘Group Betting’ functionality

Online bookmaker Sky Bet has announced the launch of its new feature ‘Group Betting’, allowing its customer to form ‘community accumulators’. ‘The concept is for a group of friends to create a Group in which they build a Group Bet (Accumulator) by each member of the group making one selection each’ details Sky Bet in its product release. When the …

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The Stars Group changes corporate structure & debt capacity for Sky Bet acquisition

The Stars Group Inc has moved to restructure its corporate debt facilities, alongside its future operational structure to accommodate its agreed $4.7 billion (€3.9 billion) acquisition of Sky Betting & Gaming (SB&G). Detailing further insight of its industry-changing acquisition, Stars Group governance is set to pay ‘$3.6 billion cash’ to CVC Capital and Sky Plc for SB&G’s entire asset portfolio. …

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David Clifton: Licensing Expert – Dealing with LCCP changes & Key Event reportings

4 April 2018 has seen changes to the Gambling Commission’s Licence Conditions and Codes of Practice (“LCCP”) come into effect for UK licensed gambling operators. The up to date version of the LCCP is available on the Commission’s website, as too is an LCCP summary of the six key changes that have been made. Three of those changes relate to lotteries, …

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Sky Bet fined £1m by UKGC for social responsibility failures

Copyright: gioiak2 / 123RF Stock Photo

Sky Bet is to pay a £1m penalty package for failing to protect vulnerable customers, the Gambling Commission has stated. The regulatory body has detailed that the failures relate to customers who had self excluded from gambling, highlighting three key weaknesses in Sky Bet’s self exclusion scheme, meaning that: 736 self-excluded customers were able to open and use duplicate accounts …

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