Tag Archives: Conservative Party

Government reshuffle sees Helen Whately appointed UK Gambling Minister

The Department for Digital, Culture, Media & Sports (DCMS) has confirmed the appointment of Helen Whately MP for Faversham and Mid Kent as its minister overseeing UK gambling. The Conservative government undertakes a reshuffle of departments and personnel, following the expulsion of twenty-one of its MPs and further senior cabinet resignations, having opposed the party’s stance over PM Boris Johnson‘s Brexit …

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Boris Johnson tipped as new Tory leader as May steps down

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 …

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Sports Minister Tracey Crouch says bye to DCMS over FOBTs delay

Crouch

UK Sports Minister Tracey Crouch has resigned from the Department for Digital, Culture, Media & Sports (DCMS), in relation to the government’s delay in implementing its £2 FOBTs stake reduction. Crouch had served as Sports Minister since 2015, leading the government’s relations with the UK betting and gambling sectors. Monday’s 2018 Budget announcement saw the Treasury confirm that it would implement …

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Tory Brexit standoff sees bookmakers revise all UK political markets

With the Conservative government split on how to negotiate the UK’s European Union withdrawal, bookmakers have been forced to revise all political betting markets. Hard Brexit Tory party figureheads are pressuring PM Theresa May to abandon her much-maligned ‘Chequers Common Rulebook Proposal’, as the party prepares for its Annual Conservative Conference on 30 September (ICC Birmingham). Furthermore, this week former …

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Industry welcomes Jeremy Wright as Culture Secretary

After 24 hours of turmoil in the Conservative Party, a Cabinet reshuffle saw the former Attorney General, Jeremy Wright appointed to the role of Secretary of State for Digital, Culture, Media and Sport (DCMS). The MP for Kenilworth and Southam replaced Matt Hancock in the role, who departed to take over as Health Secretary, after Jeremy Hunt took over as …

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Bookies Corner – Local Elections 2018 – Labour tipped to capitalise on Tory turbulence

Copyright: claudiodivizia / 123RF Stock Photo

It’s difficult to remember a time when political turmoil was so commonplace. Neither party is exactly blossoming in the opinion polls, but it’s Labour that will be feeling most confident heading into Thursday’s local council elections, with many analysts suggesting the Tory Party could suffer its worst ever result in London. SBC News caught up with three political betting experts to …

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Out by April… Betfair makes drastic cut to Theresa’s resignation odds

Betfair Politics has drastically reduced the odds on PM Theresa May departing 10 Downing Street in 2018, as Conservative Party rifts continue to rock the government’s Brexit negotiations strategy. The Times has reported that high-ranking Tory donors have demanded that May resign, due to her ‘tortoise approach to delivering Brexit’. PM May is currently visiting China, seeking to discuss future trade …

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Paddy Power – Philip Hammond’s ‘bantz budget’ sees Chancellor odds-on to be cut in 2018

UK Chancellor of the Exchequer Philip Hammond was full of banter and punch-lines as he delivered Wednesday’s Autumn Budget, but Paddy Power Politics details that it could be ‘Spreadsheet Phil that becomes a laughing stock in the aftermath of his speech’. The early Budget criticism is already enough for Paddy Power to make it odds-on for the Tory government to replace Hammond …

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Thanks Philip! No betting industry tax hike but industry faces tough 2018 context

The UK betting industry breathes a sigh of relief, as Chancellor of the Exchequer Philip Hammond has detailed no industry tax hike for the governments annual budget. Prior to yesterday’s budget presentation, a number of industry stakeholders had outlined concerns regarding further taxes being demanded from the UK betting sector. At Lunchtime, Hammond would present Commons a budget ‘designed to …

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Betfair Politics – All eyes on May as Corbyn evens General Election market

Following the conclusion of this week’s Labour Party Conference, Betfair Politics informs that at present both Labour and Conservative are evens to ‘win most seats at next General Election’. Jeremy Corbyn’s closing speech in Brighton was well received by Labour Party delegates. Following two years of fractious party conventions, UK media now reports that Corbyn may have finally united all …

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