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Has gambling advertising reached its watershed?

SBC News Has gambling advertising reached its watershed?

Today Helen Grant MP described gambling advertising as ‘pervasive’ while announcing a set of measures clamping down on the betting industry, put together as much for enhanced player protection as they have with one eye on next’s year’s General Election. While it obviously isn’t a good sign for the gambling industry (or indeed the TV companies), the government has actually …

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Strong quarter for Ladbrokes

SBC News Strong quarter for Ladbrokes

One of the UK’s oldest and largest retail bookmakers has warned of potential shop closures and job losses in 2015, because of regulatory uncertainty and a 5% hike in Machine Games Duty (MGD). Speaking as Ladbrokes released its Q1 Interim Management Statement, Chief Executive Richard Glynn, said: “The unexpected recent tax increases and ongoing uncertainty surrounding regulation are unwelcome. We …

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Ministerial statement: Betting shops and gambling

SBC News Ministerial statement: Betting shops and gambling

Minister for gambling Helen Grant MP has made this statement to Parliament: “The 2005 Gambling Act was introduced by the then Government with the aim of liberalising the gambling market in Great Britain. Nearly seven years on from the Act’s implementation, the gambling industry has developed in innovative ways, with new products now marketed and made available on a greater …

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Element Wave agrees mobile partnership with Colossus Bets

SBC News Element Wave agrees mobile partnership with Colossus Bets

Mobile optimization and retention specialists Element Wave has announced that it has signed a deal with sport pools provider Colossus Bets.Element Wave will provide real time mobile analytics and push notifications to its mobile app users, whilst future plans are also to use push notification for Colossus Bets revolutionary – cash in offers. Speaking on behalf of Element Wave, Chief …

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Union warns against knee-jerk LBO closures

SBC News Union warns against knee-jerk LBO closures

Trade union Community is concerned ahead of an expected announcement by the government that will provide new powers to local councils to curb the opening of high street betting shops and that the stakes on Fixed Odds Betting Terminals might be changed. The news follows Friday’s announcement of 420 potential job cuts at high street bookmaker William Hill. Responding to …

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Two new racecourse applications approved

SBC News Two new racecourse applications approved

The British Horseracing Authority (BHA) has announced that two applications for new or converted racetracks to enter the 2015 fixture allocation process have been approved by its Board. The two applications are: From Great Leighs Estates Limited (GLEL) for a new racecourse on the site of the former racecourse Great Leighs, now to be known as Chelmsford City racecourse. From …

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Oasis Glastonbury rumours causes PaddyPower & Ladbrokes to suspend market

SBC News Oasis Glastonbury rumours causes PaddyPower & Ladbrokes to suspend market

Paddy Power and Ladbrokes have suspended wagering on Glastonbury headlining acts, as social media rumours have circulated regarding the reunion of Manchester rock band oasis as headlining act of the festival. Oasis frontman Liam Gallagher tweeted the letters O A S I S, following it up by tweeting OASIS LG. The cryptic tweets led bookmakers Paddy Power and Ladbrokes to suspend betting …

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Sporting Index launches new tablet site

SBC News Sporting Index launches new tablet site

Spread betting operator Sporting Index have released a new version of its mobile website, specifically tailored to tablet users. Developed in-house by the Sporting Index Group’s award-winning London-based software engineering team, the site provides a fast, smooth and slick user experience with the depth of a desktop site. Perfectly responsive to any device, it allows users to view all of the …

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