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 …
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Ladbrokes becomes official betting partner of Monumental May
The Vanarama National League Play-offs, or ‘Monumental May,’ has received British based betting and gambling firm Ladbrokes as its official betting partner. The partnership coincides with a brand new play-off format across The National League’s competition, which it states is “excited about the exposure it will bring.” Michael Tattersall, Chief Executive Officer of The National League, said: “We are proud …
Read More »Bookmakers make a last stand to Matt Hancock warning of ‘catastrophic FOBTs consequences’
The BBC has this weekend reported that UK betting bosses have penned a letter to Matt Hancock, Secretary of State for Culture, Media & Sport (DCMS), urging the government to drop its plans of implementing a £2 wagering limit on FOBTs machines. The letter to Hancock leader of DCMS, is supported by the leadership of GVC Holdings, William Hill, Betfred, Scotbet …
Read More »Betting Gods: Creating a World Cup Paradise for tipsters and affiliates
Betting Gods provides a network for a host of sports betting tipsters, allowing punters to choose between a variety of both free and premium options when looking to get informed on the latest betting markets. The upcoming World Cup will undoubtedly provide an unrivalled opportunity for Betting Gods to grow its audience, as new punters are aiming to become informed …
Read More »William Hill unveils new guarantee on ITV races
Commencing this week, William Hill will start trialling a new bet guarantee offer on TV races for retail and online customers. William Hill has outlined that its shops will lay customers to lose a minimum of £5,000 for win bets on all races that are shown on ITV Racing, with online customers also able to bet to win a minimum …
Read More »Ladbrokes extends retail lay-to-lose policy
Bringing its racing policy in line with that of Coral’s, Ladbrokes has extended its ‘lay to-lose’ horse racing bets guarantee, which will be spread across all the operator’s retail outlets. As first reported by the Racing Post, The group had already put in place a policy to lay bets to lose no less than £5,000 per capita on all races …
Read More »Ladbrokes’ Grid App heads towards paperless betting
Ladbrokes’ retail division has moved towards installing ‘paperless betting’ across its UK high street portfolio, by announcing the launch of its new ‘betslip generator’ functionality. The betslip tool forms part of Ladbrokes’ Football Buddy feature made available through its omni-channel ‘Grid App’. Utilising the Football Buddy feature to build bets, Ladbrokes customers will now be able to generate an instant …
Read More »CMA continues bonus promotions clean up
BGO Entertainment has agreed to change the way in which it offers bonus promotions, following a Competitions and Markets Authority (CMA) investigation. Relating to consumers who play “casino-like games online”, the adjustments give users the ability to access and release their own money. The study, carried out in conjunction with the Gambling Commission, aims to ensure that the £4.7bn online gambling …
Read More »Ladbrokes loses legacy £71 million HMRC tax dispute
The UK Court of Appeal has rejected Ladbrokes Coral’s £71 million tax avoidance claim, siding with UK Revenue & Customs (HMRC) over the decade-long legal dispute. In October 2017, Ladbrokes Coral governance had taken its dispute to the Court of Appeal, having lost a three-year-long hearing at the UK Tribunal Court. The Ladbrokes legacy tax avoidance case relates to a …
Read More »Variety of cash-out improvements disclosed by PBS
Playtech BGT Sports (PBS) has unveiled a multitude of retail cash-out improvements, designed to heighten a punters retail wagering experience, while bringing the high street in-line with its online counterparts. Detailed the improvements, PBS states that its cash-out option is to stay open for longer on matches with strong favourites, therefore heightening the tools availability in multiples bets. Players would …
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