Today’s need-to-know news – Wednesday, January 14

Today’s need-to-know news – Wednesday, January 14

Wednesday, January 14, 2015

Rank Group-owned Mecca Bingo has signed up the SG Gaming division of Scientific Games to provide a server-based gaming solution to the UK-based bingo operator in a five-year deal. The platform, which is powered by technology partner Videobet, has already been tested in a number of Mecca Bingo venues across the country and will be rolled out in the early part of this year. “The trials we jointly undertook demonstrated that the content provision, yield analytics and enhanced platform tools drive improvements in cash box revenue and customer participation,” Mecca Bingo's head of slots, Mohammed Zabed, said...

William Hill has blamed the introduction of Point of Consumption tax in the UK for its decision not to renew its sponsorship of the Lincoln Handicap, one of the most important horse racing events of the flat racing season. Spokeswoman Kate Miller confirmed that a three-year deal would not be renewed and added: “We had to review a number of our marketing investments on the back of Point of Consumption tax.” Miller added that Hills does not plan to terminate any of its other major sponsorship deals...

In other news, William Hill's group director of legal services, Michael Leadbeater, has succeeded Thomas Murphy as the UK bookmaker’s general counsel and head of business systems...

Swedish horse race betting monopoly AB Trav och Galopp has revealed relatively flat turnover in its financial results for 2014, with revenue edging up by less than one per cent to SEK12.2bn (€1.28/$1.51bn)...

The Casino Association of South Africa warned national regulators about the damage caused by increasing levels of illegal gambling in the country. The association’s chief executive, Themba Ngobese, urged regulators to introduce a legalised gambling service in order to protect players online and generate additional tax income for South Africa...

Casino company Olympic Entertainment Group has registered a 3.8-per-cent increase in year-on-year net revenue in 2014 to €141m ($166.4m) following an impressive performance in Latvia, where turnover rocketed by 21.1 per cent to €43.9m. OEG also reported growth in Lithuania and Italy, but registered declines in Estonia, Slovakia and Belarus...

Finally, the latest sports club to jump aboard the fantasy sports bandwagon? Spanish Liga giant Barcelona, which has linked up with Mondogoal to create a new branded fantasy sports offering for the club’s millions of fans worldwide.

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