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William Hill names new finance and operations chiefs

London-listed gaming operator William Hill has announced the appointment of a new chief financial officer and chief operating officer.

William Hill has named Matt Ashley as its new CFO, replacing Ruth Prior, who stands down on 15 May following the company’s annual general meeting.

Ashley joins from London-listed transport provider National Express, [...]

2 mins read

CMA approves Flutter Entertainment’s combination with The Stars Group

The UK’s Competition and Markets Authority (CMA) has given unconditional phase one clearance to Flutter Entertainment’s proposed combination with The Stars Group.

The CMA had launched a merger inquiry in early February to consider whether the £10bn merger will create a “substantial lessening” of competition within the United Kingdom for goods or services.

This [...]

2 mins read

Flutter suspends 2020 dividend; Ashkenazi drops out as COO

The boards of Flutter Entertainment and The Stars Group (TSG) have provided an update on their proposed merger, confirming the suspension of the combined group’s dividend for the current financial year and a new non-executive role for TSG chief executive Rafi Ashkenazi.

The companies said that the proposed merger is expected [...]

4 mins read
William Hill

William Hill recommences search for new finance chief

London-listed betting and gaming operator William Hill has confirmed that Adrian Marsh will not be joining the company to take up his new role as chief financial officer.

William Hill had named Marsh as the company’s next CFO last month to replace Ruth Prior, who had announced her resignation at the start of [...]

2 mins read

Washington and West Virginia set to expand wagering options

Sport and racing enthusiasts in Washington and West Virginia could be able to bet on their favourite events once the COVID-19 restrictions are lifted, after their respective state Governors signed enabling legislation this week.

On Wednesday Governor Jay Inslee of Washington signed legislation authorising the state’s tribal gaming entities to amend Class [...]

2 mins read

Singapore Pools closes Livewire sportsbooks and off-course betting centres

Singapore Pools has implemented further measures to safeguard the health and well-being of its staff and customers in the wake of COVID-19.

With the country’s Ministry of Health introducing tighter measures to combat the coronavirus pandemic, Singapore Pools has confirmed that all live lottery draws for its 4D, TOTO and Singapore [...]

1 min read

Webis secures loan to support California sports betting expansion

Shares in betting and racetrack operator Webis Holding soared by more than a third in London Thursday after the company secured a new term loan to support its US expansion.

The primary purpose of the $500,000 loan is to further develop and market its Watch&Wager subsidiary in California, with the [...]

1 min read

New Zealand racing suspended as TAB retail outlets prepare to close

New Zealand has suspended all racing with immediate effect as the country prepares to close down all non-essential services for at least a month.

The TAB and New Zealand Racing are taking steps to close retail outlets and all racing has been temporarily suspended following the announcement that New Zealand is moving to [...]

1 min read

Australia latest to shut down gaming venues with restrictions lasting up to six months

Casinos in Australia could be closed for up to six months under new restrictions brought into force to contain the spread of COVID-19, including the shutdown of non-essential activities across the country.

In a National Cabinet meeting Sunday, Prime Minister Scott Morrison and state and territory leaders agreed to implement new [...]

1 min read

British horse racing suspended until end of April

The British Horseracing Authority (BHA) has confirmed that all horse racing in Britain will be suspended until the end of April, with effect from Wednesday.

Having announced Monday that British racing was to continue behind closed doors, the BHA has now changed stance and decided to cease all race meetings until the end of [...]

4 mins read

Churchill Downs Incorporated reschedules Kentucky Derby for September

New York-listed gaming and racetrack operator Churchill Downs Incorporated (CDI) has confirmed that the Kentucky Derby will be postponed by four months until September.

The company has decided to reschedule the Kentucky Oaks from 1 May until 4 September, with the 146th Kentucky Derby, one of the most lucrative horse races in the [...]

3 mins read

North American casinos take further action to reduce spread of COVID-19

More casinos have temporarily closed across the United States and Canada in a bid to reduce the spread of COVID-19.

Colorado

The Colorado Department of Public Health and Environment issued an order to close bars, restaurants, gyms, theaters and casinos for 30 days to slow the spread of the coronavirus.

“We understand [...]

1 min read
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