LeoVegas has pointed to the tax rate in Denmark as evidence that a 21 per cent remote gaming duty on games of chance will not impact the sustainable running of its UK business. This week, Chancellor Philip Hammond confirmed to Parliament that UK Remote Gaming Duty would rise from 15 per cent to 21 per cent, effective from 1 October …
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Exhibition space selling out fast for inaugural BOSA conference
Some of the biggest names in sports betting have snapped up exhibition space for the inaugural Betting on Sports America conference, to be held from 23-25 April 2019. The Meadowlands Exposition Center in New Jersey, just a short trip from New York, has been chosen as the venue for both the conference and exhibition. It is ready to house 1,500 …
Read More »OPTIMA’S Jacob Lopez: The flexibility to support new front-end functionality
Cash out functionality, feed unification and bet builders are just three of the key components of the modern day sportsbook. OPTIMA CEO Jacob Lopez talks moving with the market in 2018, why differentiation has become a buzzword for the company, and how the technology behind its beefed up sportsbook stood up to the performance challenge presented by this year’s football World …
Read More »AgiproNews’ Italian View: ISS study outlines complex make-up of Italian problem gambling
Published this October, the Italian National Institute of Health (ISS) study on Italian gambling has shed significant light on the realities of tackling problem gambling within Italy. Undertaking Italy’s first ‘epidemiological study’ on problem gambling trends, effects and triggers, the ISS surveyed 12,000 adults, representing the nation’s most comprehensive research on gambling trends to date. Presented to the Italian Parliament …
Read More »William Hill eyes digital expansion through MRG acquisition
FTSE250 bookmaker William Hill Plc is looking to grow its digital footprint and expand its European profile, putting forward a cash offer to acquire Stockholm-listed MRG Group (legacy Mr Green & Co) for a sum equivalent to €271 million. This morning, William Hill governance offered its opening SEK69 in cash per share to MRG investors, representing a total of SEK2,819m (€270.96m). To date, William Hill …
Read More »SBC Bookies Corner: Grab’em by the Midterms
Billed as the most important midterm elections in modern US history, this 6 November US states decide their representatives for the House & Senate. Can the Democrats secure their much desired ‘Blue Wave’, or have polls underestimated President Trump yet again? Furthermore, will Midterms 2018 showcase the lead cast for the US 2020 General Election… SBC gets the bookies lowdown! …
Read More »Hammond’s ‘Give Away Budget’ triggers further ‘nightmare’ for UK gambling
This afternoon, Chancellor of the Exchequer Philip Hammond delivered the UK’s ‘final budget before Brexit’, promising a ‘big give away’ for UK public services and healthcare. Prior to publishing the 2018 Budget, political commentators expected Chancellor Hammond to deliver a fiscal plan which would support PM Theresa May’s autumn declaration that the ‘era of austerity was coming to an end’. …
Read More »Winning Post: Industry braced for budget blow
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Budget Day to bring tricks not treats The pumpkins are out, fake cobweb and plastic skeletons adorn the pubs – but Halloween may come early for gambling operators with …
Read More »“You might as well shout at the moon” – Hammond set to issue RGD hike
Next Week (Monday 29 October) will see all the debate come to an end as Chancellor Philip Hammond delivers the UK Budget 2018, with industry expectations firmly set to see a significant remote gaming duty (RGD) increase. Representing the third online gambling tax constraint imposed by the government since 2014, following point-of-consumption (POC-2014) and Industry Free-Play taxes (2016), 20 and …
Read More »The chicken or the egg? The cause and effect dilemma for sports betting operators
“I can’t get on to the integration fast-track with my technology supplier unless I’ve got increased turnover, and I can’t get the turnover without the content that I need to integrate.” Does this sound familiar? Conall McSorley, Business Development Director at gbet, is on hand to explain his take on the ’cause and effect’ dilemma that brings such frustration for …
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