Tag Archives: Brexit

Trio of Racing stakeholders warns Parliament of No Deal implications

The conversation surrounding Brexit has been inescapable for the last two and a half years, with MPs still unable to agree upon a deal that would be most beneficial for the UK. Later in the week, Chief Executive of Irish racing Brian Kavanagh will be travelling to Westminster to liaise with senior officials from both the British Horseracing Authority and …

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Codere Apuestas strikes first Melilla transfer

The executive of Melilla has announced a major coup as Bolsa Madrid gambling group Codere SA, has confirmed that it will transfer its online betting division Codere Apuestas to the Spanish autonomous city, which seeks to become a new strategic hub for the European online gambling industry. Codere Apuestas becomes the first online betting firm to migrate strategic units to …

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A no-deal brexit would be detrimental for British horse racing industry, warns Goffs’ chairman

The UK Chairman of Bloodstock sales group Goffs, Henry Beeby, has warned MPs that allowing a no-deal Brexit to occur will have adverse effects on the breeding and racing industries in the UK. Prime Minister Theresa May’s proposed deal suffered an overwhelming defeat in the House of Commons on Tuesday, which has dented hopes for a secure future in the …

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Bookmakers see all drama but no change in Brexit soap opera

As widely anticipated, PM Minister Theresa May lost her Brexit deal, as 432 ministers voted against her terms for exiting the European Union on 29 March 2019. May’s ‘record rejection’, would be countered by Labour leader Jeremy Corbyn immediately triggering a ‘vote of no confidence’ in the government, seeking a snap General Election. Such a crushing Commons defeat would normally lead …

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No-deal Brexit “could have huge ramifications” for racing

BetBright - Copyright: gabe123 / 123RF Stock Photo

A no-deal Brexit “could have huge ramifications for Irish and UK horse racing,” according to Irishracing.com Editor Vincent Finegan. Speaking to AffiliateINSIDER yesterday, Finegan stressed that the “movement of horses from one country to the other will virtually stop” in the event of no deal.   “The success of major racing festivals such as Cheltenham, Royal Ascot and the Aintree …

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Winning Post – Industry feels impact of parliament turbulence

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 – What did you do during the Brexit? The folly of the British gambling lobby was laid painfully bare in Westminster this week. Against the backdrop of the United Kingdom’s …

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Bookmakers suspend ‘no confidence vote’ on May’s party leadership

The majority of UK bookmakers have today suspended markets on a ‘vote of no confidence’ taking place on Theresa May’s party leadership. Following a frantic 24-hours of trading, triggered by the abrupt departure of Dominic Raab as lead Brexit negotiator – who stated that he could not support May’s draft EU-withdrawal agreement, bookmakers’ have suspended a no-confidence motion. This morning, …

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