Tag Archives: dcms

May Day! Industry braces itself for incoming FOBTs £2 cut

The betting industry’s regulatory agenda has reached a speculative overdrive, as concerns grow as to how and when the UK government will move to implement its anticipated £2 cut on FOBTs machine wagering levels. The polemic subject matter of FOBTs wagering has seen contrasting news stories published this weekend by multiple sources, each specifying potential different outcomes to the government’s long-awaited …

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Scott Longley: The £2 reckoning – betting & racing face their nightmare

Following the conclusion of this week’s local elections, the Conservative government will likely move to implement a £2 FOBTs wagering limit, impacting all UK betting stakeholders. SBC contributor Scott Longley assess whether the government understands the consequences of its drastic cut, or if it can justify its FOBTs policy logic… _________________ Politics has trumped economics in the final stages of …

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Waiting Game… Unsure Hammond delays industry FOBTs judgement

UK news sources have this morning, reported that the government will delay once more it’s pending triennial review judgement on industry FOBTs wagering and advertising standards. Parliament insiders have detailed that UK Chancellor Phillip Hammond, has put the government’s decision ‘on hold’, with the judgement to be made following the conclusion of England’s local council elections on 3 May. According …

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Lottery firms plead for suspension of Parliamentary approval

Matchbook - Copyright: ventdusud / 123RF Stock Photo

The Lotto Betting Group is calling for Matt Hancock, the Secretary of State for Digital, Culture, Media and Sport (DCMS), to suspend a parliamentary process related to EuroMillions betting. The four companies who make up this opposition, World Lottery Club, Lottoland, Jackpot.com and Multilotto, currently exploit a loophole allowing punters to make cut price wagers on the EuroMillions draw. Launched …

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GambleAware calls for creative pitch for new TV marketing campaign

Crystal Palace

Industry charity GambleAware seeks a new creative marketing agency, to lead its £7 million TV advertising account. GambleAware is currently planning its next UK marketing campaign, focusing on raising public awareness of problem gambling, targeting ‘low-level players’ who may be at risk of becoming addicts. The industry charity will run its creative marketing pitch through the Incorporated Society of British …

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Winning Post – Opportunity for US sportsbetting begins to emerge

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. US: sportsbetting regulation – slam dunk or airball? The nature of any US sportsbetting opportunity ‘post PASPA’ is now starting to take shape, with a number of states …

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DCMS to deliver UK bookmakers £2 FOBT nightmare scenario

UK news sources have this weekend reported, that highstreet bookmakers are likely to face their ‘nightmare scenario’ as the government will move to impose a £2 limit on FOBTs wagering levels. On Tuesday, the Department of Digital, Culture, Media and Sport (DCMS) will finish its 12-week consultation period relating to the government’s pending triennial industry review, focusing on FOBTS wagering …

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BHA “delighted” with the appointment of Matt Hancock

The British Horseracing Authority (BHA) has reacted positively to the appointment of Matt Hancock as Culture Secretary, in the cabinet reshuffle of Prime Minister Theresa May.   Within the UK Parliament, the Department for Digital, Culture, Media and Sport are accountable for all gambling matters, including Horseracing. Speaking about the appointment, BHA Chairman Steve Harman stated: “We’re delighted with the appointment …

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Matt Hancock leads DCMS in critical year for UK gambling sector

West Suffolk MP, Matt Hancock has been promoted to Secretary of Digital, Culture, Media and Sport (DCMS) following yesterday’s Conservative government cabinet reshuffle. Hancock (39), has served DCMS as Minister of Digital & Culture since 2016 and will replace Karen Bradley as leader of the department overseeing UK media and culture; standards, promotions, regulatory policies and social practices. In its …

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GVC completes Turkish offload as 2018 judgement looms

Updating the market, FTSE online gambling group GVC Holdings has confirmed the complete disposal of Turkish business unit ‘Headlong Limited’ to Malta-based technology firm Ropso ltd. Last November, GVC governance announced that it would sell its Turkish enterprise and associated assets to Ropso for a total consideration of €150 million. Announcing the sale of Headlong, GVC leadership stated that the …

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