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Ladbrokes loses legacy £71 million HMRC tax dispute

SBC News Ladbrokes loses legacy £71 million HMRC tax dispute

The UK Court of Appeal has rejected Ladbrokes Coral’s £71 million tax avoidance claim, siding with UK Revenue & Customs (HMRC) over the decade-long legal dispute. In October 2017, Ladbrokes Coral governance had taken its dispute to the Court of Appeal, having lost a three-year-long hearing at the UK Tribunal Court. The Ladbrokes legacy tax avoidance case relates to a …

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IGRG’s 4th code places GambleAware at the forefront of TV advertising campaigns  

SBC News IGRG’s 4th code places GambleAware at the forefront of TV advertising campaigns  

Seeking to improve industry advertising and promotional standards, the Industry Group for Responsible Gambling (IGRG) has moved to strengthen its code for operator advertising practices. Issuing a market update, the IGRG will require that all UK licensed gambling operators reference industry charity GambleAware (begambleaware.org) across their TV advertising campaigns. IGRG governance states that it will move to implement its required …

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Tabcorp secures US $1.4 billion debt note assisting its enlarged capacity

SBC News Tabcorp secures US $1.4 billion debt note assisting its enlarged capacity

Issuing a market update, Australia ASX-listed Tabcorp Holdings has confirmed that it has secured a US $1.4 billion long-term debt note from US private investors. The debt bond financing will be used to assist Tabcorp’s enlarged operations having secured its merger with Tatts Group (approved December 2017). Tabcorp governance details that the debt note will comprise four US $ denominated …

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Suren Khachatryan: Digitain – The Eastern Promise of World Cup 2018

SBC News Suren Khachatryan: Digitain - The Eastern Promise of World Cup 2018

Suren Khachatryan, Chief Executive of Digitain, details to SBC readers and #bofcon2018 delegates why Russia 2018 will be a challenge for all industry operators. A key stakeholder in CIS betting, for Khachatryan World Cup 2018 further holds a personal connection for Digitain operations… ———————– The Betting on Football Conference (#bofcon2018) and World Cup 2018 complement each other and like Butch Cassidy …

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Lewis Hamilton favourite as Formula One explodes into action

Copyright : Kiko Jimenez / 123RF Stock Photo

The Formula One curtain raiser gets underway this weekend, with Melbourne once again playing host as the razzmatazz rolls back into town. Australia welcomes the glitz and glamour, to open a season which sees Lewis Hamilton aim to become back to back World Champion for the second time in his career. The enigmatic Englishman, Britain’s most successful driver, is favourite …

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Paddy Power sponsors CONIFA ‘Rebels’ World Football Cup

SBC News Paddy Power sponsors CONIFA 'Rebels' World Football Cup

We are delighted to announce that we are sponsoring the CONIFA World Football Cup in London this summer. Find out more: https://t.co/YqcwIPpOab pic.twitter.com/IkIhkIl2mm — Paddy Power (@paddypower) March 21, 2018   Paddy Power has become the lead sponsor of the ‘CONIFA – World Football Cup 2018’ tournament, which will be hosted in London (31 May – 10 June). CONIFA, the …

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Innovation DK partners with Betting Gods Malta

SBC News Innovation DK partners with Betting Gods Malta

Innovative technology company Sports Innovation DK has secured a partnership with Betting Gods Malta Ltd. which will enable Betting Gods to deliver a much enhanced, feature-rich experience for its customers. This is another feather in the cap for Danish company Sports Innovation, which has already developed a client base that includes LeoVegas, the Danish national TV company DR and the …

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Go on an Easter Island expedition courtesy of Yggdrasil Gaming

SBC News Go on an Easter Island expedition courtesy of Yggdrasil Gaming

Yggdrasil Gaming has sailed into the remote Pacific Ocean for its new offering, with an Easter Island slot aiming to take advantage of a customers adventurous side. With the action taking place a great distance away from the nearest continent, players will need to make use of expanding reels and sticky wilds to ensure they enjoy a successful expedition. Consumers …

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Expansion continues for ARC with Vermantia acquisition

Grosvenor Sport

Arena Racing Company (“ARC”), the largest racecourse group in the UK, has acquired a majority stake in Vermantia, a leading provider of multi-channel content solutions worldwide. As part of the deal, Vermantia Founder and Chief Executive, Filippos Antonopoulos will remain in his position as a shareholder in the business and shall carry on in his executive role. The deal ensures ARC …

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