UK

UK News

Winning Post: UK Government silent on several key reviews

SBC News Winning Post: UK Government silent on several key reviews

Regulus Partners observes that the UK government has remained silent on several key reviews ahead of the pending publication of its White Paper on Gambling Review recommendations… As with Monty Python’s Spanish Inquisition, it is extremely hard to know when to expect key events in the government’s review of the 2005 Gambling Act. This week’s non-barking dog was the Government …

Read More »

GambleAware lauds ‘Big Four’ donations but decries ‘inconsistent approach’

Zoe Osmund, GambleAware

GambleAware has published its list of corporate donors for the 12 months ending 31 March 2022, revealing that the ‘Big Four’ group of UK operators generated 89% of all contributions. The responsible and safer gambling organisation updated that Entain, Flutter Entertainment and William Hill all made donations in the millions, with total industry contributions to GambleAware reaching £34.7 million. The continued …

Read More »

Better Collective cools Spotlight Sports M&A speculation

SBC News Better Collective cools Spotlight Sports M&A speculation

Better Collective AS has branded UK media reports as ‘highly speculative‘ of its’ front runner interest’ in acquiring Spotlight Sports Group for £500 million. This weekend, The Sunday Times reported that private equity fund Exponent LLP, the majority investor of Spotlight Sports since 2016, had placed its racing and betting media asset ‘under starters orders‘  for a sale to be executed in …

Read More »

888sport renews UK and Ireland-facing NFL partnership

SBC News 888sport renews UK and Ireland-facing NFL partnership

888sport has provided another boost to its sports marketing in the UK and Ireland, renewing its regional agreement with the National Football League (NFL). The contract extension will see 888Holdings wagering brand continue as the NFL’s sports betting partner in the UK and Irish markets until 2025, with the arrangement having been in place for the past two seasons. This …

Read More »

BGC lauds industry’s efforts as Commission reports 0.2% problem gambling rate

Michael Dugher BGC

The UK Gambling Commission (UKGC) has revealed that the country’s problem gambling rate has dropped for another year to 0.2%, prompting the Betting and Gaming Council (BGC) to praise the industry’s efforts.  Issuing an update, the UKGC demonstrated that problem gambling rates had consistently fallen year-on-year from 2020 onwards, with the March 2020 figure standing at 0.6%, falling to 0.4% …

Read More »

AllSported goes private to pursue ‘aggressive growth strategy’

SBC News AllSported goes private to pursue ‘aggressive growth strategy'

Racing Post, Banach and TXODDS’s horseracing solution, AllSported, has been taken private following what is being described as a ‘substantial investment’.  The financial injection in the former three-way venture will be used to support an ‘aggressive’ growth strategy, facilitated by the new ownership that increases agility for the one-stop platform’s product development. Taking full control over its own operations, AllSported …

Read More »

Brigid Simmonds: Statutory RET levy threatens the development of the UK’s mature treatment support network   

SBC News Brigid Simmonds: Statutory RET levy threatens the development of the UK’s mature treatment support network   

Brigid Simmonds (OBE), Chair of the Betting and Gaming Council (BGC), has warned the government against radically alerting UK gambling’s RET (research, education and treatment) duties ahead of the of publication of the White Paper on industry reforms.  Writing an open editorial on Conservative Home, the central news source of the Conservative Party, Simmonds acknowledged that emotions had surpassed evidence …

Read More »

UKGC: National Lottery good causes funds fall 11% in latest quarter

SBC News UKGC: National Lottery good causes funds fall 11% in latest quarter

The UK Gambling Commission (UKGC) has revealed that the National Lottery’s Good Causes funding in Q4 fell in comparison to the previous quarter and last year.  Publishing an update on its website, the Commission showed that the total raised for good causes in Q4 (January-March 2022), was £491.3 million. This represented a decline of 3.4% from the previous quarter and …

Read More »

Playtech examines all options for transformative 2022

SBC News Playtech examines all options for transformative 2022

The board of Playtech Plc has stated confidence in achieving the group’s full-year 2022 commercial and corporate objectives following ‘an excellent start to year trading’.  Issuing a snapshot trading update, the FTSE250 gaming technology group revealed that positive Q1 trading had generated unaudited EBITDA results of more than €100 million, with the ‘run rate continuing through to April’.  Strong EBITDA …

Read More »