Tag Archives: Brexit

William Hill has revealed that it has taken bets on Britain not leaving the EU before 2020. At present, the bookmaker is offering odds of 2/1 on Britain not fulfilling its BREXIT mandate by 2020, with William Hill further offering 4/6 odds that the UK departure will come in 2019 and 4/1 by 2018. Publishing its market, company spokesman Graham …

GVC Holdings (GVC) this morning published its half-year trading results (period ending 30 June), detailing a strong H1 performance for both GVC and acquired bwin.party brands which achieved double-digit growth on a constant currency basis. Updating the market, GVC detailed that pro-forma Net Gaming Revenues (NGR) had reached €439 million, up 8% (H1-2015: €407 million). Detailing individual brand performance, GVC …

  With Justice Secretary Michael Gove failing to make the final round of the Conservative Party leadership contest, William Hill has shortened its odds on Andrea Leadsom taking the Tory helm from 7/2 to 3/1. The leadership race is now down to its final two mares in Andrea Leadsom (Minister of Energy) and market favourite Theresa May (Home Secretary).    …

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 …

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 …

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 …

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 …

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 …

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 …

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 …