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
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 …
Read More »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 …
Read More »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 …
Read More »Lewis Hamilton favourite as Formula One explodes into action
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »The Spanish perception of the gambling sector
On the opening day of the Betting on Football Conference at Stamford Bridge, an expert panel gave their insight on the gambling market in Spain and how it’s perceived by the Spanish audience. The panel entitled Spain – a new window of opportunity, which took place as part of the Global Market Profiles track, saw suppliers and operators come together …
Read More »Expansion continues for ARC with Vermantia acquisition
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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