As 2018 draws to a close, it’s safe to say that the World Cup embodied what was a year filled with highly engaging betting events. However, this year’s top ten read articles show interest in a wider range of stories published on SBC in 2018. Celtic and Dafabet streaks ahead after MotoGP deal Celtic Football Club are no stranger to …
Read More »Tag Archives: fobt
Independent Content Services: Looking ahead to 2019
Andrew Morgan, International Director at Independent Content Services, anticipates 2019 will be all about M&A, the USA and the ongoing rise of esports. It has been another incredible year for the global online gambling industry. From power-play acquisitions to new markets opening their doors to legal betting for the very first time, the past 12 months have been transformational for …
Read More »Year in Review: The impact of FOBT regulations
It has proven to be a very tumultuous year for the retail betting sector, with 151 stores closing to the public between March and September. The big four – Ladbrokes Coral, William Hill, Betfred and Paddy Power – continued to dominate the retail scene, holding 87 per cent of betting shops in Great Britain. Generally, however, stores have been struggling …
Read More »ARC plans for 1,000 betting shop closures with £3m prize cuts
Arena Racing Company (ARC) is set to be tightening its belts following the Government’s decision to crackdown on Fixed Odds Betting Terminals (FOBTs), announcing a reduction to its prize-money contribution by £3 million in 2019. The racetrack operator told The Racing Post that further reductions in prize money could not be ruled out, and that ARC “simply cannot continue” to maintain its …
Read More »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 …
Read More »Rebel MPs seek to force Treasury’s hand over FOBTs
The Treasury’s decision to delay the implementation of a £2 maximum stake on fixed-odds-betting-terminals (FOBTs) until October has led to a revolt amongst Tory MPs. Defiance over the delay has mounted since Tracey Crouch resigned from the Department for Digital, Culture, Media & Sports (DCMS) in the immediate aftermath of Chancellor Philip Hammond’s controversial budget announcement. Whilst Theresa May places her …
Read More »Winning Post: Industry braced for budget blow
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 – Budget Day to bring tricks not treats The pumpkins are out, fake cobweb and plastic skeletons adorn the pubs – but Halloween may come early for gambling operators with …
Read More »Winning Post – FOBT waiting game continues
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: Problem Gambling Rate Declines – That’s Good, Right? Good things it appears, do come to those who wait. GB Gambling Commission executives have made much in recent times of the need …
Read More »GVC Holdings rules out judicial review of FOBT decision despite £160m hit
GVC Plc, the owner of Ladbrokes Coral, has appealed for time to implement the new £2 stake for B2 Gaming Machines, given that it will cost the company £160m as soon as the cut is implemented, and said that it does not intend to seek a judicial review of the DCMS‘ decision. In an update to the stock market, the …
Read More »There are no winners in a race to the bottom
Chris Murphy, Editor of SBC Americas, takes a look at some of the political infighting happening in the UK around FOBTs and suggests that the industry should be working with each other rather than against. The fixed odds betting terminal. Crack cocaine of gambling or simply a misunderstood gambling prodigy? Whichever of those two you agree with, or perhaps it’s …
Read More »