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Tote Sale Updates
Hopes that the UK government will announce final bidders by ICE 2011
The latest attempt to auction off the Tote, the UK's state bookmaking organisation, could deliver interesting news in time for the ICE exhibition in London at the end of January.
The shortlist of bidders could be announced in time for ICE 2011, with the Racing Post newspaper speculating that the shortlist may be reduced to as few as three 'interested parties' from an initial field of 13.
All parties have been told to prepare for a decision within three weeks, a period which would run through to the middle day of ICE 2011.
According to the Racing Post, the three frontrunners are Betfair, the Reuben Brothers (7/2) and Sportech (4/1). The publication claims that Betfair could use the Tote as a driver for their expansion plans but may need an industry partnership to secure the bid.
Sportech, the Liverpool-based pools company, recently established a horseracing arm with a US-based tote business.
The Reuben Brothers, who own Northern Racing and at least 24 percent of the seven-track racecourse group Arena Leisure, are committed to racing but have not yet had direct involvement in gambling.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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