Tag Archives: Brexit

Football INDEX – Top 200 footballers trump FTSE 100 performance

Industry start-up Football INDEX has stated that the “world’s best footballers are a better bet than Britain’s 100 biggest listed companies”. This morning Football INDEX a footballer performance-based stock market stated that its data showed that the value of 200 of the world’s leading footballers’ has more than doubled since its index launch last October. The growth of its footballer …

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Bookies’ Corner – The Brexit Fallout

The fallout from perhaps the most important political event for the UK in our lifetime has continued this week with Leave campaigner and former UKIP leader Nigel Farage stepping down. With David Cameron also having resigned, and Boris Johnson announcing he won’t be standing in the race for the next Prime Minister, the political betting markets have been in overdrive. In …

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BREXIT sees Davy downbeat on industry growth forecasts

Financial advisory group Davy has lowered sector-wide growth forecasts for UK-listed gambling operators as a result of BREXIT. The ‘Leave’ outcome has forced Davy to review the current positions of listed gambling operators as the UK economy faces months of fiscal and legal uncertainty.    Issuing a market note, Davy analysts detailed that UK legacy operators with both large retail …

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GBGA – Gibraltar will remain an industry commercial hub despite BREXIT result

Gibraltar industry trade association the ‘Gibraltar Betting & Gaming Association’ (GBGA) has moved to quell stakeholder concerns regarding the UK’s referendum decision to leave the European Union. The industry body which represents twenty Gibraltar-based European online betting operators, stated that governance of the British Overseas Territory remained ‘strongly committed’ in maintaining its present industry operations and framework. Following the UK’s …

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Boris throws in the towel with May day now firm favourite

BetVictor has made current Home Secretary Theresa May its 2/5 favourite to be the next leader of the Conservative party after Boris Johnson sensationally ruled himself out of the race in a speech yesterday lunchtime.  That morning Justice Secretary Michael Gove, another Leave campaigner, had announced he would be standing and the odds proceeded to fluctuate amidst these confirmations. It came …

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Scott Longley: Uneasy Future – Counting the cost of BREXIT

Last Thursday’s ‘BREXIT’ vote sent shockwaves throughout all global stock markets. Scott Longley details the impact of the ‘Leave’ vote on UK-listed betting firms’ and their operations. An industry that has undertaken recent multi-billion £ consolidation and M&A activity, betting governance will be weary of economic uncertainty and regulatory impacts to operational hubs in Gibraltar.  __________________________ The leading UK-listed gambling …

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“Stop Boris!” – Betfair places Theresa May as 11/8 Tory Leader favourite

Betfair has placed UK Home Secretary Theresa May as 11/8 market favourite to replace David Cameron as Conservative Party leader. With the Tory party in political turmoil following last Friday’s leadership resignation of  David Cameron, May becomes the market favourite having been branded as the  ‘Stop Boris’ candidate. ‘Leave’ campaign leader Boris Johnson has been placed as a close 11/5 …

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EU Referendum result costly for Sporting Index

Political spread betting company Sporting Index saw unprecedented action in the run-up to Britain’s EU referendum on Thursday of last week.  It was a painful night for the firm as its clients consistently favoured Leave throughout the campaign, resulting in a six figure loss for the company. Sporting Index was the first bookmaker to offer a market on turnout and …

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Tonybet – Nigel Farage turned down Tony’s €1 million charity bet

European bookmaker Tonybet has revealed that UKIP leader Nigel Farage did not accept Antanas Guoga’s (Tony Guoga) €1 million charity bet on Britain remaining in the European Union. The €1 million bet personally wagered by Guoga, would have capped off a victorious night for Farage as the ‘Leave’ camp won a nail-biting EU Referendum taking 52% of the votes. Guoga the …

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Better Collective backs industry recovery from shock EU result

The UK’s EU referendum may have left the bookmaking industry scrambling for position, but Michal Kopec of Better Collective thinks that the industry will soon recover from the shock Brexit result. Michael, who is Senior Business Manager for the company, also commented on the plummeting British pound in the immediate aftermath of the result, and the effect on Gibraltar based operators, who …

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