Tag Archives: Brexit

Matt Harrod: Processing.com – Brexit… What are the industry’s divorce proceedings?

With Brexit factors and implications on the minds of all UK business stakeholders, Matt Harrod, VP of Europe at Processing.com examines whether interchange rates and PSD3 are the least of the gaming/betting industries worries… ___________________ Everyone should probably be aware by now that the UK is due to leave the European Union at 11pm on Friday 29th March 2019, deal or …

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SBC Bookies Corner: Brexit enters its final straight

Coming up to the final straight of Brexit negotiations, Theresa May has been making a few last-minute attempts to broker a deal between the UK and the European Union. But with only 17 days to go, rumours are continuing to circulate as to whether we will leave on time, or even whether the UK will leave the EU at all. …

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Paddy Power faces legal action over Solskjaer Brexit dig

Paddy Power has been threatened with legal action for failing to consult Manchester United interim manager Ole Gunnar Solskjaer for using his likeness to support a dig at the current Brexit situation. The 46-year-old Norwegian, who has enjoyed such success at Old Trafford since replacing Jose Mourinho in December, reportedly reacted by saying that Paddy Power will have “big problems” …

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France Galop: All equine stakeholders are losers in No Deal Brexit

Echoing the concerns of Irish counterpart Brian Kavanagh (Chief Executive of Horseracing Ireland), Olivier Delloye, Director General of France Galop has stated that a no deal Brexit, will severely damage the entire equine value chain, with regards to racing, breeding, transport, animal welfare and certifications. Leading France’s horseracing authority, Delloye states that at present the UK, Ireland and France, simply do not sustain …

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Brexit upheaval sees GVC shift focus to Ireland and Malta

With negotiations between the UK and the European Union (EU) still ongoing, and only 24 days until the formal departure date, GVC Holdings (GVC) has released its Brexit contingency plans which will see the online gambling company alter its operational strategy. No deal has yet been reached between the UK and the EU, and so it is difficult to say what …

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Odds shorten on May departure reports Ladbrokes Coral

Brexit has continued to take hold of British politics, with Ladbrokes Coral reporting that odds have shortened on a potential Theresa May departure in May 2019. With only 36 days until the UK is due to formally leave the European Union (EU), MPs are still struggling to gauge any clear idea as to what will actually happen when 29 March eventually arrives. …

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Ladbrokes punters pile in on no deal Brexit after Commons vote

Brexit has dominated headlines for the last two and a half years, with less than 60 days to go until the UK is due to leave Europe. Both the EU and UK remain uncertain as to whether or not a deal, that will be agreed upon by both parties, can be reached by 29 March. In Tuesday’s vote, MPs voted …

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Trio of Racing stakeholders warns Parliament of No Deal implications

The conversation surrounding Brexit has been inescapable for the last two and a half years, with MPs still unable to agree upon a deal that would be most beneficial for the UK. Later in the week, Chief Executive of Irish racing Brian Kavanagh will be travelling to Westminster to liaise with senior officials from both the British Horseracing Authority and …

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Codere Apuestas strikes first Melilla transfer

The executive of Melilla has announced a major coup as Bolsa Madrid gambling group Codere SA, has confirmed that it will transfer its online betting division Codere Apuestas to the Spanish autonomous city, which seeks to become a new strategic hub for the European online gambling industry. Codere Apuestas becomes the first online betting firm to migrate strategic units to …

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A no-deal brexit would be detrimental for British horse racing industry, warns Goffs’ chairman

The UK Chairman of Bloodstock sales group Goffs, Henry Beeby, has warned MPs that allowing a no-deal Brexit to occur will have adverse effects on the breeding and racing industries in the UK. Prime Minister Theresa May’s proposed deal suffered an overwhelming defeat in the House of Commons on Tuesday, which has dented hopes for a secure future in the …

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