Bookmakers have had no time to ease back to work following the Easter Break as Prime Minister Theresa May this morning called for an unexpected 8 June Snap UK General Election, in order to drive a clean mandate for Brexit. Reacting to the news, the majority of UK bookmakers have slashed the odds on a Conservative Party victory to 1/14 …
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FTSE250 operator 888 Holdings (888) is considering alternatives to Gibraltar as its operational centre, should the British Overseas Territory be negatively impacted or restricted by Brexit. The governance of 888, are the first industry stakeholders to publicly view Brexit as a potential ‘future risk’ for its operations. Publishing its 2016 annual report, 888 detailed that Gibraltar’s current licensing remit remains …
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Having triggered Article 50, The UK enters a new political landscape as it negotiates its withdrawal from the European Union. Setting a two-year target for EU exit, Brexit has been labelled the most important UK political mandate of modern times. Fraught with risks and intriguing political contexts, SBC’s ‘Bookies Corner’ asks industry stakeholders how political betting markets will be …
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Despite the unknown circumstances of Brexit negotiations, financial services firm KPMG believes that the future is bright for Gibraltar business and its community of industry stakeholders. This week KPMG hosted its seventh annual ‘eSummit in Gibraltar’ on 23 March ( Sunborn Hotel). As the event organiser, KPMG would host a Gibraltar Brexit ‘current state of play update. Opening the eSummit, the Hon. …
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Having triggered Article 50 which begins the process of withdrawal from the European Union, the UK now enters an unprecedented cycle in its politics, with Brexit negotiations likely to dominate all political agenda and discussion. Following PM Theresa May’s official triggering of Article 50 on the 29 March, all bookmakers have updated their respective political markets as the Conservative government …
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Following yesterday’s decision by the UK Supreme Court that the UK government cannot trigger Article 50 without the consent of Parliament, bookmaker William Hill has lengthened its odds on the UK beginning its EU exit negotiations’ before the end of March, the target date specified by Prime Minister Theresa May. Updating its ‘Article 50 deadline’ market William Hill has moved …
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Warwick Bartlett Chief Executive of industry consultancy GBGC, details to SBC the potential effects of Brexit following further details of the UK’s EU departure presented by the government last week. _________________________ SBC: Now that PM Theresa May has confirmed that Britain will be leaving the EU Single Market, what impact do you feel the UK exit will have on the UK …
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It’s been quite a year for political betting junkies. From Brexit to Trump, and via some tasty markets on who, variously, would be the next leader of the Tory party, the Labour Party and UKIP, those with an eye on the front pages have been enjoying a year to remember. But it’ not over yet. Those hoping for one last …
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Betfair expects Zach Goldsmith to maintain his Richmond Park constituency, despite resigning from the Conservative Party last October following the decision by Government to approve a third runway at Heathrow airport. Goldsmith priced at 1.3 by Betfair, will run unopposed for by the Conservative Party who have backed their former MP as an independent candidate for Richmond Park. However, Betfair …
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Returning from the Malta iGaming Summit (MiGs), Lee Richardson, CEO of Gaming Economics assesses the impact of Brexit on gambling’s international stakeholders. Facing an uncertain future who stands to gain the most from Brexit and its wider impacts… _______________________ Late last month Collins, the dictionary publishers, named ‘Brexit’ the word of the year…and in light of the UK’s historic referendum …
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