January 18, 2024
The British Horseracing Authority (BHA) has summarised the relationship between racing and betting, and the effect of the Gambling Review so far. Betting has seen a substantial shift from retail to online and mobile devices in the past 15 years. A betting market boom has also been followed by an ongoing period of regulatory pressure, much of which was amidst …
Read More »March 29, 2021
Horse racing will receive a much needed financial boost as part of the Department of Digital, Culture, Media and Sport’s (DCMS) latest tranche of funding. As a result of the DCMS’ latest round of sports funding, horse racing will receive £21 million in loans, committed to the Horse Betting Levy Board (HBLB). This funding ‘will ensure essential race day integrity …
Read More »December 22, 2017
FTSE online gambling group GVC Holdings has today detailed its proposed bid for bookmaker Ladbrokes Coral Plc, putting forward a takeover deal that could be worth up to £4 billion, creating a new multi-channel, multi-market gambling group. Bringing clarity to its initial bid (first announced 7 December), GVC’s proposition values Ladbrokes Coral at 160.9p per share, equating to approximately £3.2 billion. However, deal …
Read More »September 15, 2014
In the week when Ministers from around 50 countries are expected to sign a new match-fixing Convention in Switzerland, the regulated betting industry, represented by the ABB, EGBA, ESSA and RGA has published a report entitled Sports Betting: Commercial and Integrity Issues to help inform the wider debate. The author Jason Foley-Train updates the 2010 report he produced while on secondment (to the betting industry) from the UK Department for …
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