With negotiations between the UK and the European Union (EU) still ongoing, and only 24 days until the formal departure date, GVC Holdings (GVC) has released its Brexit contingency plans which will see the online gambling company alter its operational strategy. No deal has yet been reached between the UK and the EU, and so it is difficult to say what …
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Completing its first year as FTSE100 enterprise, GVC Holdings reports that the betting group has demonstrated its global scale and market diversification capacities, delivering growth across all operating territories. The firm’s enlarged portfolio of nineteen brands, operating across multiple European jurisdictions records full-year 2018 group revenues of £2.9 billion (FY2017: £800m) – as GVC governance continues to explore further new …
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Industry strategic consultancy Regulus Partners reviews a week of UK parliamentary debate on the future of betting/gambling’s regulatory structure, which appears to be turning into a game of political manoeuvring and posturing… _______________ UK: Regulation – Labour speaks softly but carries a big stick UK gambling operators awoke yesterday to the sight of two senior parliamentarians striding towards them, wielding big …
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BetVictor has signed an agreement with Sports Information Services (SIS), which will strengthen the operator’s current British and Irish greyhound content offering. Delivered as part of the operator’s new ‘Bet and Watch’ format, customers will have the opportunity to utilise regular short-form betting events, which is hoped to provide more engaging betting content designed to improve retention and dwell time. Eoin Ryan, …
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888 has secured the long-term product development strategy for its 888Sport division after acquiring the BetBright sports betting platform for £15 million. The platform will be integrated into 888’s proprietary gaming backend, giving the online gaming entertainment and solutions provider ‘complete ownership’ over its technology and product development across four key verticals – sport, casino, poker and bingo. However, more …
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Labour Deputy leader Tom Watson’s call for a tougher regulatory code on online gambling services/practices has received the backing of the Royal Society of Public Health (RSPH). In 2019, the RSPH is set to launch its ‘Gambling Health Alliance’, developed in partnership with industry charity GambleAware, as UK-wide gambling policy advisors push for problem-gambling to be treated as a public …
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Changing UK gambling dynamics see FTSE250 bookmaker William Hill Plc report operating losses of £721 million, closing its full-year 2018 accounts. In its end-of-year statement, the betting group accounts for combined exceptional costs totalling £922 million. These include the ‘one-off’ £880 million retail impairment charge, confirmed during Q3 2018 trading, following the UK government’s ‘Triennial Review’ judgement lowering FOBTs stakes to a …
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UK bookmaker Betfred announces a ‘sponsorship first’, for its marketing portfolio confirming that it has become the title sponsor of the ‘British Masters’ golf tournament (9-12 May – Hillside Golf Club – Southport Merseyside). Betfred marketing confirms that it has secured a 2-year agreement with the PGA European Tour, becoming title sponsor to one of its lead tournaments for its …
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Industry figureheads and wider health and education stakeholders addressed the issue of whether children are really gambling – at the latest meeting of the ‘Parliamentary All Party Betting and Gaming Group’ (APBGG – 26 February 2019). The subject matter which has become a prominent issue for the UK gambling industry was discussed by – David Williams, Director of Public Affairs …
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GVC Holdings’ property partypoker has announced its official return to the Czech Republic online gambling market in partnership with regional casino operator King’s Resort Rozvadov. Closing 2018, partypoker Managing Director Tom Waters revealed that the online poker room had been granted a licence by the Czech Finance Ministry. The update sees partypoker become the second international operator and online poker room …
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