Tag Archives: Brexit

Betfair has said that its Next President market is set to become the most traded it has ever seen, even surpassing the Brexit vote. By 6 November, approximately $130 million had been traded on the winner of the presidential race between Democrat Hillary Clinton and Republican Donald Trump. This figure is in comparison to roughly $50 on the equivalent market in …

Ladbrokes has confirmed that betting on Article 50 has been thrown into chaos after yesterday’s High Court intervention, which ruled that parliament must vote on whether the UK can start the process of leaving the EU. Following the ruling, Ladbrokes initially kept 2017 as the odds-on favourite for when the UK will invoke Article 50. However, it is now just …

Ahead of the third and final US Presidential Debate (University of Nevada), UK bookmaker William Hill has slashed its odds on Donald Trump becoming the 45th President of the United States from 11-2 to 4-1. Updating its ‘2016 US Election’ market, William Hill stated that the betting patterns were reminiscent of those seen in the lead up to the UK …

The start of the 2016 Conservative Party Conference (Birmingham 2-5 October), has seen UK Prime Minister Theresa May declare that her party will look to trigger Article 50 by the ‘end of March 2017’. Once Article 50 is invoked the UK will begin its two-year process of leaving the European Union. Speaking to Conservative Party delegates, May stated that the …

Returning from her summer holidays in the Swiss Alps, UK Prime Minister Theresa May has again reiterated to her cabinet that ‘Brexit means Brexit’. Facing growing scepticism regarding the Conservative Party’s ability to negotiate a successful withdrawal from the European Union, May and her cabinet are expected to present the public with an initial Brexit update. The Conservative Party has …

Paul Leyland, Founding Partner at industry advisors Regulus Partners, will open the ‘Betting on Sports’ Conference (15-16 September, Grange Tower Bridge Hotel London) detailing the potential impacts of BREXIT on betting stakeholders and the sector’s value chain. With the betting industry likely to face internal and external conflicts, Leyland details the demands governance, and leadership will likely face in testing …

New UK Prime Minister Theresa May has appointed Karen Bradley as the new Secretary of Culture, Media & Sport replacing John Whittingdale who will no longer hold a Conservative Party cabinet position. Bradley, the former Home Office minister has been described as a ‘May Loyalist’, and will now lead the Department for Culture Media & Sports (DCMS) ensuring UK media …

William Hill has revealed that it has taken bets on Britain not leaving the EU before 2020. At present, the bookmaker is offering odds of 2/1 on Britain not fulfilling its BREXIT mandate by 2020, with William Hill further offering 4/6 odds that the UK departure will come in 2019 and 4/1 by 2018. Publishing its market, company spokesman Graham …

GVC Holdings (GVC) this morning published its half-year trading results (period ending 30 June), detailing a strong H1 performance for both GVC and acquired bwin.party brands which achieved double-digit growth on a constant currency basis. Updating the market, GVC detailed that pro-forma Net Gaming Revenues (NGR) had reached €439 million, up 8% (H1-2015: €407 million). Detailing individual brand performance, GVC …

  With Justice Secretary Michael Gove failing to make the final round of the Conservative Party leadership contest, William Hill has shortened its odds on Andrea Leadsom taking the Tory helm from 7/2 to 3/1. The leadership race is now down to its final two mares in Andrea Leadsom (Minister of Energy) and market favourite Theresa May (Home Secretary).    …