Betting Business Bulletin 2nd January 2018
Penrose looking to next chapter after rescuing apparently doomed Sportech
Penrose looking to next chapter after rescuing apparently doomed Sportech
After releasing the Football and Horseracing Tipster products, Racing Post’s B2B team were inundated with requests for a Greyhound version and we are pleased to say that this is now live. The product covers all greyhound racing across Great Britain and Ireland each day, packed full with top-quality greyhound content to enhance coverage within shops. […]
GVC shareholders unhappy about executive pay GVC Holdings suffered a hiccup in their apparently serene progress to the high table of the betting industry last week thanks to shareholder disquiet over executive pay. More than a quarter of those who took part voted against approving GVC’s updated directors’ remuneration policy and the annual and deferred […]
GVC and Ladbrokes Coral confirm takeover The timing was a surprise but the news wasn’t when it was revealed last week that GVC Holdings was in detailed talks about a takeover worth up to £3.9 billion with Ladbrokes Coral. The two companies have been linked for some time but it had been thought news of […]
RACING POST CROWNED BEST MULTI-CHANNEL SUPPLIER AT SBC AWARDS 2017 The gaming industry gathered at the Artillery Garden last night to celebrate as the winners of the 2017 SBC Awards were announced. Racing Post were delighted to receive the Best Multi-Channel Provider award at this years awards. The win is recognition of the progress made […]
Commission figures highlight betting shop closures Betting shop closures highlighted in the latest set of industry statistics released by the Gambling Commission were “very bad news” for the sector’s future, according to the Association of British Bookmakers. The number of active betting shops closed at a rate of more than 13 a week over the […]
The clock is ticking down to the prestigious SBC Awards at the Artillery Garden at the Honourable Artillery Company in London on December 5 with anticipation rising among the nominees. BoyleSports are nominated for the Racing Post-sponsored Racing Bookmaker of the Year award and their digital managing director Eddie Bennett said they were thrilled to […]
A career in betting shops spanning 40 years was recognised on Monday when Ron Hearn of JenningsBet was named Racing Post/SIS Betting Shop Manager of the Year for 2017. Hearn, the regional champion for Greater London, beat seven rivals to receive the prize from ITV racing presenter Ed Chamberlin at the Jumeirah Carlton Tower hotel […]
Gambling industry warned to get its house in order The gambling industry last week received a stern warning from regulators that it had to change its ways. They were told the bar had been set too too low in treating customers fairly and that “change is now coming” by Gambling Commission chief executive Sarah Harrison, […]
Online growth boosts Ladbrokes Coral A strong online performance helped Ladbrokes Coral make up for weak trading in their betting shops as the bookmaker unveiled their latest trading update last week. Group revenue increased by three per cent in the four months to October 29, with digital net revenue up 12 per cent. However, UK […]