UK

The fallout from perhaps the most important political event for the UK in our lifetime has continued this week with Leave campaigner and former UKIP leader Nigel Farage stepping down. With David Cameron also having resigned, and Boris Johnson announcing he won’t be standing in the race for the next Prime Minister, the political betting markets have been in overdrive. In …

Comedian Steve Coogan and former Isle of Man TT rider Guy Martin are 5/1 joint-favourites to replace Chris Evans as lead presenter of BBC’s Top Gear motoring show. This weekend Evans announced that he would not return for a second series of Top Gear, stating that he had tried ‘his best, but it just did not work out’. Publishing an …

Financial advisory group Davy has lowered sector-wide growth forecasts for UK-listed gambling operators as a result of BREXIT. The ‘Leave’ outcome has forced Davy to review the current positions of listed gambling operators as the UK economy faces months of fiscal and legal uncertainty.    Issuing a market note, Davy analysts detailed that UK legacy operators with both large retail …

Following a period of corporate restructuring, London AIM-listed mobile gambling software provider Nektan Plc is confident that it can reverse its financial performance in the second half of 2016. Last week, Nektan governance provided a preliminary update on its H1 2016 performance detailing that it expected to post £4.2 million in net gaming revenues (H1 2015: £1.6 million). The company …

Yorkshire based firm Equotion Ltd has announced two major pieces of news for the company this week. The first is the completion of a significant funding round and the second the appointment of Graham Martin as Non-Executive Chairman. Martin is the Founder of Bonne Terre, the licence holder for Sky Betting & Gaming, and he joins CEO James Waterhouse, Chief Data Scientist …

William Hill has confirmed that they are fearing for a fairy-tale Welsh success in the Euro 2016 final on Sunday. The bookmaker has made Germany and France joint 7/4 favourites to win the tournament, but they are hoping that big outsiders Wales fail to emulate the Leicester City story. Wales are currently 8/1, but William Hill have racked up seven …

The Financial Times has revealed that GVC Holdings (GVC) has secured a premium listing on the London Stock Exchange, boosting the firm’s ambitions of breaking the FTSE-250 by the end of 2016. The former London-AIM online betting operator had been granted approval to list on the London exchange in February following the completion of its £1.1 billion takeover of bwin.party …

The Gambling Commission has revealed that the total gross gambling yield (GGY) for the Great Britain gambling industry was £12.6 billion between October 2014 and September 2015, an increase of £1.4 billion on the figure recorded for the previous 11-month period (April 2014 – March 2015). This was a key part of the figures released by the Commission to provide a more …

Gibraltar industry trade association the ‘Gibraltar Betting & Gaming Association’ (GBGA) has moved to quell stakeholder concerns regarding the UK’s referendum decision to leave the European Union. The industry body which represents twenty Gibraltar-based European online betting operators, stated that governance of the British Overseas Territory remained ‘strongly committed’ in maintaining its present industry operations and framework. Following the UK’s …

BetVictor has today announced a new three-year deal to become a principal partner of Liverpool Football Club.  The agreement will see BetVictor become the Global Online Betting Partner and Training Kit Partner of the Club. The partnership also means that the BetVictor will create unique offers and markets for fans of the club. It also means that the firm’s branding will be …