Tag Archives: Brexit

UK Racing issues Brexit travel warning as transition period ends

UK racing stakeholders have been warned to prepare for ‘significant changes’ to equine travel arrangements between the UK and EU, irrespective of whether the government can secure a Free Trade Agreement (FTA) from 1 January 2021. The warning was issued by the ‘Thoroughbred Industries Brexit Steering Group’ which leads racing’s preparations for the UK’s departure from the European Union. As …

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Winning Post – Flip-flopping Number 10 wants control of Gambling Act reforms

Regulus Partners observes odd Downing Street movements, as PM Boris Johnson seeks direct control of UK gambling reforms. Facing a daunting end-of-year schedule, ensuring that the UK economy can withstand a COVID-19 winter and Brexit fallout… Regulus asks why is Boris picking on gambling? UK: in Parliament – Casinos reel from ‘curfew’ as Johnson preaches morality “As flies to wanton …

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EU research agency demands urgent action on loot box consumer safeguards

The European Union (EU) has been urged to improve and align standards and safeguards related to loot boxes’ design features and consumer interactions. The recommendation follows research undertaken by the EU’s committee on ‘Internal Market and Consumer Protection’ (IMCO), which analysed ‘loot boxes in online games’ and ‘their effect on young consumers’.    The IMCO report has been described as the …

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Andrew Lyman – Brexit is no ‘doom & gloom scenario’ for Gibraltar gambling

Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub navigating Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, industry …

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Smarkets tips Keir Starmer as new Labour leader

Following on from the Labour’s disastrous performance in last December’s General Election, losing 60 seats and recording its biggest electoral defeat since Michael Foot’s 1983 campaign, bookmakers are pricing the early contenders competing for Party leadership. With Jeremy Corbyn’s successor to be decided on April 4, former shadow Brexit secretary Keir Starmer continues to be the front runner, followed by …

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Keir Adams, SBTech: Pricing betting’s most unpredictable market

pricing

Bookmakers will have their political credentials put under the spotlight once again, as the UK prepares for a general election on Thursday 12 December. Following year-on-year political upsets since 2015, Keir Adams, Head of UK Sports at SBTech, spoke to SBC News about pricing betting’s most unpredictable market. SBC: How do you price an election? And how do you price in …

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UK not leaving EU on October 31 trading on exchanges at 97%

Punters have shown little faith in PM Boris Johnson passing his Brexit deal in Parliament before the 31st October, with the possibility of a deal being reached currently trading at 3% on the Smarkets betting exchange.  Johnson continues to face an uphill battle in Westminster, having lost a succession of important votes since taking up the role of Prime Minister.  …

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Smarkets: A50 extension likely as DUP shuts down Boris’ deal

With only two weeks to go until the UK is due to leave the European Union, the UK government this afternoon presented its withdrawal terms, yet bookmakers are sceptical of a ‘Halloween departure’ on 31 October as markets trade at 78% for an Article 50 extension.  Online betting exchange Smarkets has reported a spike in trading this morning following the …

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UK granted ‘listed status’ to protect movement of horses

With only 16 days to go until the Brexit deadline, the UK has been granted ‘national listed status’ by the European Union, which will ensure that racehorses can move across the borders in the event of a no-deal Brexit.  While barriers to ‘seamless’ movement will still be in place, the third-country status is hoped to provide certainty for owners and …

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Malta MGA publishes Brexit guidance

The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …

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