The Department for Digital, Culture, Media & Sport (DCMS) has published an 8-point checklist, preparing gambling businesses and wider stakeholders for a potential No-Deal Brexit scenario. At present, the Conservative government maintains its deadline that the UK will leave all European Union institutions on 31 October, underlining that it will seek no further withdrawal negotiation extensions. This September, the government …
Read More »
News that five of the UK’s top operators had committed to a ten-fold increase in voluntary levy to GambleAware made big news in July, but a major deal for horse racing announced the following week – involving four of the same five – passed with considerably less fanfare. Tom Byrne, Operations Manager at HBLB, tells us more. The horseracing sector …
Read More »
The UK racing industry has been warned that it needs to begin making plans ahead of a potential no-deal Brexit scenario, which is expected to have a significant impact on the sector. In a note sent on behalf of the Thoroughbred Industries Brexit Steering Group, it was emphasised that ‘the political situation regarding the United Kingdom’s withdrawal from the European …
Read More »
As Parliament is due to be given another chance to vote for a general election on Monday, making it the second opportunity this week, Paddy Power has made it odds-on that MPs will choose to vote against an early election. Boris Johnson has faced a difficult week in Westminster, having faced a party rebellion, a number of resignations and a …
Read More »
As Boris Johnson’s trip over to the continent has continued to attract attention from UK media, Paddy Power has shortened its odds on whether BoJo can secure a deal with Angela Merkel where a backstop doesn’t exist, despite her outlining a hard line 30-day time limit. The Irish bookmaker has been offering odds of 8/1 that BoJo can agree a deal …
Read More »
Boris Johnson is the bookmakers’ favourite to be the next Prime Minister of Great Britain and Northern Ireland after Theresa May confirmed she is to leave 10 Downing Street on 7 June. May made the announcement this morning after meeting Graham Brady of the 1922 Committee, the influential group of backbench MPs from May’s Conservative Party, after it became clear …
Read More »
Leading online bookmaker bet365, one of the biggest employers in Gibraltar, is reported to have sanctioned a multi-million relocation project to migrate its staff to Malta. Issuing a statement, bet365 management has confirmed that it has undertaken relocating ‘certain functionalities’ to Malta as part of its ‘strategic and contingency plans to ensure EU market access’. bet365 maintains its operations unit …
Read More »
Brexit delays see the UK electorate participate in next Thursday’s European Elections (23 May). With Conservative and Labour parties damaged by their handling of Brexit, does this ‘last UK-EU election’ point towards a new dawn for UK politics? Furthermore, what are the implications of any UK-EU election results – SBC gets the bookies lowdown… ______________ SBC: Both Conservative and Labour …
Read More »
Brexit has once again dominated the UK headlines, with questions now being raised as to who may be replacing Theresa May as Prime Minister if she is to step down. With MPs set to convene in the House of Commons this evening to vote yet again on Theresa May’s deal, it appears that the country is more divided than ever. …
Read More »
With Brexit factors and implications on the minds of all UK business stakeholders, Matt Harrod, VP of Europe at Processing.com examines whether interchange rates and PSD3 are the least of the gaming/betting industries worries… ___________________ Everyone should probably be aware by now that the UK is due to leave the European Union at 11pm on Friday 29th March 2019, deal or …
Read More »
SBC News Voice of the Sports Betting Industry