In the wake of former PM Boris Johnson announcing his ministerial resignation, Betfair Politics sees odds shorten further on the Labour Party to secure a majority in the forthcoming general election. A repricing of all UK political markets comes in the aftermath of Johnson’s resignation as an MP, which has been subsequently followed by a chaotic fallout amid Conservative Party …
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Gambling White Paper lands on RET levy, ombudsman, age restrictions and affordability
After 28 months in development and overseen by the tenure of three Prime Ministers, three Secretaries of State and six junior Ministers, the Gambling Act review White Paper has finally been released this afternoon. The White Paper sees the Conservative government fulfil a 2019 manifesto pledge made by PM Boris Johnson to overhaul the gambling sector by replacing its “analogue …
Read More »Winning Post: UK Gambling… The Start of the End Game
As the end of April dawns, UK gambling’s purgatory may soon be over. Regulus Partners reflects on the winding journey of the Gambling Review and how its original mandate was altered by backdrop of chaos across the government’s ranks. After more false dawns than the Carnival of Las Palmas, it seems that the publication of the Government’s White Paper on …
Read More »Betfair: Boris future in peril as Sunak sees best week as PM
A week of contrasting fortunes cast on PM Rishi Sunak and leadership adversary Boris Johnson sees Betfair Politics revise its markets on the future of a divided Conservative Party. The passing of a revised Northern Ireland Protocol Bill has strengthened PM Sunak’s credentials to lead the Conservatives into a likely 2024 General Election. Former PMs Boris Johnson and Liz Truss …
Read More »Winning Post: What Football’s White Paper tells of gambling’s regulatory future
Last week the UK government delivered on a pledge of the 2019 General Election, publishing the White Paper of its review of Football. Regulus Partners draws on the expected parallels and horse-trading of how football’s fan-led recommendations will resemble UK gambling’s forthcoming judgements… The government demonstrated this week that, contrary to speculation, DCMS White Papers do exist. It has taken …
Read More »Premier League to agree on betting shirt sponsorship phase-out
Premier League club bosses are likely to settle on betting sponsorships no longer appearing on the front of team shirts. The decision was reported yesterday evening by BBC News as pressure mounts on the Premier League to end its relationship with betting and gambling. The government had previously granted Premier League clubs the right to settle its sponsorship terms with …
Read More »Year in Review: British farce offers no help to gambling in dire times
The whirlwind period of July to September of 2022 saw gambling caught up in a farce of political affairs, providing leadership no help to navigate the headwinds of a changing economic climate. Interim results saw all gambling PLCs outline deep concerns on averse macroeconomic trends driven by high inflation and the costs of living crisis. Challenging factors to test the …
Read More »Iain Duncan Smith: Government ‘not altogether certain’ on Gambling Review
Anyone who attended the discussion on the Gambling Act review at the Conservative Party conference in Birmingham yesterday hoping for clarity may well have been dismayed. Speaking on the ‘the gambling white paper and the future of reform’ panel on Tuesday afternoon, former Conservative leader and long-time gambling reform advocate Iain Duncan Smith stated that the White Paper is a …
Read More »PM Truss appoints Michelle Donelan to lead DCMS
The office of 10 Downing Street has confirmed the appointment of Michelle Donelan as new Secretary of State for DCMS. The MP for Chippenham (Wiltshire) will replace incumbent Nadine Dorries, who has chosen not to serve in the senior cabinet of new PM Liz Truss, having stated her preference to ‘return to the backbenches’. Under PM Boris Johnson, Donelan served …
Read More »BGC warns of energy crisis threat to leisure and hospitality
Soaring energy costs have hit the headlines for the past few months, and the Betting and Gaming Council (BGC) has highlighted the impact these could have on the hospitality sector. Specifically, the betting and gaming trade association highlighted the difficulties faced by retail bookmakers and casinos, citing ‘news reports’ suggesting that these businesses are facing average increases of 300% under …
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