Camelot UK has confirmed that it will proceed to launch a High Court appeal against the UK Gambling Commission’s (UKGC) decision to appoint bid competitor Allwyn UK as the preferred applicant for the fourth National Lottery licence. The High Court appeal was confirmed by Chief Executive Nigel Railton who seeks answers as to why Camelot’s bid was rejected as it …
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The High Court case around data rights between the two main horseracing broadcasters to the betting industry has come to an end, with Sports Information Services (SIS) being found guilty of breaching the confidentiality of Arena Racing Company’s Raceday Data, but not on the more serious charges of conspiracy by unlawful means or copyright infringement of database rights. SIS said it may …
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Sportradar has sent a message that it is prepared to protect its data rights and willing to go to some lengths to make sure that the work the firm puts into its data business is not undervalued. To that end, it has now announced it has agreed a settlement with BetConstruct and two unnamed bookmakers regarding its database rights. Sportradar …
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The long mooted takeover of the Ladbrokes Coral Group by GVC Holdings has finally reached completion, in a deal that could eventually be worth up to £4bn, just days after the High Court of England and Wales sanctioned the deal. With its shares now delisted from the London stock exchange, as part of the agreement the admission of 271,816,558 ordinary …
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After securing a near majority approval of its shareholders to proceed with the proposed acquisition of Ladbrokes Coral Plc, GVC Holdings has further receivgo-aheado ahead of its investor counterparts at the FTSE100 betting group. The transaction is now set to be forwarded on to the United Kingdom’s High Court for final judgement (target date 23 March) It has, however, been …
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Ladbrokes has confirmed that betting on Article 50 has been thrown into chaos after yesterday’s High Court intervention, which ruled that parliament must vote on whether the UK can start the process of leaving the EU. Following the ruling, Ladbrokes initially kept 2017 as the odds-on favourite for when the UK will invoke Article 50. However, it is now just …
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The billionaire gambler who bounced a cheque for £2m at London’s Ritz Casino has failed to defend himself successfully in court, despite claiming that the operator should not have served him in the first place as he had self-excluded himself from the casino. Safa Abdulla Al-Geabury wrote a cheque for £2m of roulette chips on February 19 2014, but when …
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The European Court of Justice should be referred to on important issues concerning the legality of a tax imposed on overseas gambling operators, according to a judgment handed down by the High Court, which could have major implications for the UK’s point of consumption regime. Law firm Olswang has claimed that if the current tax framework is found to be …
Read More »Specialist gaming law firm Harris Hagan has issued a bulletin detailing the outcome of the GBGA’s Judicial Review challenge to the point of consumption licensing regime. Here John Hagan digests some of the judgment. Mr Justice Green handed down his eagerly awaited Judgment this morning in the judicial review proceedings brought by the Gibraltar Betting and Gaming Association (“GBGA”). In …
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The High Court challenge to the point of consumption licensing by the Gibraltar Betting and Gaming Association (GBGA) has been rejected. The Gambling Commission commented: “We welcome the judgment. Now we can get on with improving the protection for those gambling in Britain.” The laws are now due to come into force on 1 November and those who are currently …
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