The British Horseracing Authority (BHA) has added six job categories related to horseracing and breeding to the UK government’s Shortage Occupation List (SOL), which is overseen by the Migration Advisory Committee (MAC). The independent Committee, tasked with advising the government on the migration of skilled workers, has been alerted by the BHA and stakeholders to a “shortfall of around 2,000 …
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Bacta calls for easing of immigration rules to help hospitality sector
Bacta, the trade association for the UK’s amusement and gaming machine industry, has joined calls for the government to ease employment requirements to alleviate a labour shortfall impacting multiple sectors. In a letter penned by CEO John White, Bacta attributes the UK’s current labour crisis to the effects of Brexit and the Covid pandemic, which have caused many foreign workers …
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 »Gibraltar confirms corporate tax rate increase to 12.5%
The government of Gibraltar has confirmed that corporate taxes will be raised from 10-to-12.5%, helping support the British overseas territory’s economic recovery from the COVID-19 pandemic. Yesterday, First Minister Fabian Picardo outlined directives of Gibraltar’s new budget that requires an interim corporate tax hike to help balance the country’s projected deficits totalling + £250 million. “There is nothing to giveaway,” …
Read More »Matt Shaddick ends 18-year reign as Ladbrokes Politics guru
Posting an update via Linkedin, Ladbrokes’ Matt Shaddick has confirmed that he has ended his 18-year stint as the bookmaker’s lead political markets analyst. Shaddick, who joined Ladbrokes in 2007 as sportsbook executive, thanked “the many fantastic people” who had helped establish and support Ladbrokes Politics as a key market offering of the heritage bookmaker. Announcing his departure, Shaddick detailed …
Read More »HRI to commence CEO recruitment drive as Kavanagh steps down
Horse Racing Ireland (HRI) is looking for a new CEO as current incumbent Brian Kavanagh has announced he will be vacating the position in September this year. As CEO of the governing body responsible for horse racing in Ireland, Kavanagh oversaw several major milestones and challenges during his tenure, including the implementation of the country’s updated betting tax framework, closely …
Read More »Mishcon de Reya issues Brexit warning on unsettled data transfer rights
London law firm Mishcon de Reya has issued a notice to its online gambling partners highlighting further Brexit concerns on data protection rights, staff employment and services contracts impacting the industry. Online gambling has faced less friction than other sectors (travel, exports, entertainment) when adapting to the UK’s post-EU future, as the majority of operators undertook significant operational changes during the …
Read More »EGBA: UK and EU must settle on post-Brexit digital data rules
Brussels-based industry trade body The European Gaming and Betting Association (EGBA) has warned the European Union and UK government that current Brexit arrangements carry operational and business concerns for the online gambling sector. Though the UK and EU settled on a post-Brexit trade agreement, the EGBA has stated that the terms and conditions fall short of safeguarding online gambling, mirroring …
Read More »Smarkets: Punters’ confidence in Brexit deal slips to 69%
With the deadline for a Brexit deal fast approaching, the possibility of Boris Johnson reaching an agreement with the European Union appears to be slipping away according to Smarkets. According to the betting exchange, a ‘no deal Brexit’ appears to be more likely with 69% of punters backing the possibility of a trade deal, compared to 90% last week, as …
Read More »Smarkets – 2020 will close on rollercoaster Brexit market
Smarkets has revealed that its political markets have been re-energised by the government’s last-minute negotiations to secure a fraught trade deal with the European Union. This weekend, PM Boris Johnson took charge of negotiations meeting face-to-face with EU President Ursula von der Leyen, in a bid to break the deadlock. Yet following reports that no progress has been made on …
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