In light of Chancellor Rishi Sunak’s package of new measures to support UK businesses during the COVID-19 pandemic, it has since been confirmed that betting shops and casinos will not qualify for relief in business rates. Backed by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP) to …
Read More »
Industry strategic consultancy Regulus Partners reviews a week of conflict and consequences for UK betting incumbents adjusting to new FOBTs and social responsibility realities. _______________________ Last week saw optically conflicting news coming from the GB LBO sector as to the impact of the B2 ban (primarily) on likely shop closures. First, William Hill guided that around 700 shops (30% of …
Read More »
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 …
Read More »
This week’s long awaited triennial review of gaming machines stakes and prizes not only led to a 12 week consultation period, but also incited an incredibly heated debate in Parliament on Tuesday. As part of the debate, the case was made for how future regulations on terminals could have implications on the horse racing industry, both co-chairs of the all-party …
Read More »
The UK Department for Digital, Culture, Media and Sport (DCMS) finally released its triennial review of gaming machines stakes and prizes this morning, ushering a 12 week period of proposals and consultation on industry changes. As part of the review, the Gambling minister Tracey Crouch underlined the importance of ‘striking the right balance between socially responsible growth and protecting the …
Read More »
SBC News Voice of the Sports Betting Industry