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Posted 2/1/11 : Names of contenders invited to proceed will not be made public
The UK minister for tourism and heritage, John Penrose released a statement on the progress of the proposed GBP200 million sale of the UK Tote this week.
The Government has confirmed that the first stage of the open market process has been successful and that eighteen proposals had been received and reviewed  for the purchase of the state-owned betting group.
Following the review, a selected number of parties (six according to Reuters) have been invited to advance to the next stage; however the Government will not be making the identity of these bidders public due to the "commercially sensitive nature" of the process.  Favourites are rumoured to include Betfred, Gala Coral, a consortium led by Chris Bell (former Ladbrokes chief executive) and a group led by British Airways Chairman, Sir Martin Broughton.
The statement confirms that in the event that the Tote is sold on the open market it will honour the previous Government's commitment to share 50 percent of the net cash proceeds of the sale with UK Racing.
Paul Roy, chairman of the British Horseracing Authority, said: "Racing welcomes the Government's latest steps in resolving the future of the Tote, and particularly that Racing interests are central to a successful outcome.  We look forward to continuing to work closely with Government to get the best outcome for the sport."
The Minister expects to update parliament "in the spring" (March/April/May) and has said it aims to complete the sale by May 2011.

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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

Red Riding Hood Online Slot Launched - The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.

Super Heroes Slot Launches - When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.

SIS Stream To Deliver racing games to online customers - Online and retail betting industry provider SIS has signed a multi-year deal that harnesses the power of its SIS Stream product to deliver 49s-branded racing games to online customers.

Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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