Tag Archives: deloitte

William Hill advances ‘Nobody Harmed’ campaign with Dan Whitlam appointment

As part of the advancement to its ‘Nobody Harmed by Gambling’ campaign launched in July 2018, William Hill has appointed Dan Whitlam as its Head of Responsible Gambling for retail. Whitlam will be tasked with working alongside the Compliance, Gaming, L&D and Data Science divisions to strengthen and develop the ways in which the operator identifies, interacts and intervenes with …

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Ladbrokes loses legacy £71 million HMRC tax dispute

The UK Court of Appeal has rejected Ladbrokes Coral’s £71 million tax avoidance claim, siding with UK Revenue & Customs (HMRC) over the decade-long legal dispute. In October 2017, Ladbrokes Coral governance had taken its dispute to the Court of Appeal, having lost a three-year-long hearing at the UK Tribunal Court. The Ladbrokes legacy tax avoidance case relates to a …

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High flyer Smarkets looks forward to 2018, following Deloitte ‘Fast 50’ tech recognition

Online betting exchange Smarkets has secured the fourth spot on the ‘Deloitte Fast 50’, an enterprise index listing the ‘fastest growth UK technology businesses’. The only industry enterprise to list in the Deloitte Fast 50, Smarkets joins a prestigious top ten of UK-based technology firms, which is headed up by food delivery platform Deliveroo ranking number 1 for 2017. Recognised by …

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UK Court of Appeal to hear Ladbrokes Coral £70 million HMRC dispute

Bloomberg News has reported that FTSE-listed Ladbrokes Coral Plc is set to take its £70 million overturned UK Revenue & Customs (HMRC) ‘2008 tax avoidance’ dispute to the UK Court of Appeal (the UK’s second highest law court). The betting group targets a February date for the Court of Appeal to rehear its arguments against HMRC, who had charged Ladbrokes …

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Appeal loss sees Ladbrokes hit with £70 million HMRC tax charge

UK business news sources have reported this weekend, that bookmaker Ladbrokes has been hit with a £70 million tax charge relating to an overturned UK Revenue & Customs (HMRC) ‘2008 tax avoidance’ scheme. The UK Tax Tribunal stated that Ladbrokes Group and its auditor Deloitte knowingly exploited a 2008 tax loophole relating to loans between corporations and third parties to …

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Smarkets wins fourth place in ‘Deloitte Fast 50’ UK tech & innovation index

Professional online betting exchange Smakets, has ranked fourth on the ‘Deloitte Fast 50’ UK technology and innovation index. The ‘Deloitte Fast 50’ recognises the fastest growing new enterprises within the UK technology sector. Launched in 2008, Smarkets is the only UK betting industry incumbent to have ranked in Deloitte’s prestigious 2016 index. Gaining the fourth spot on the ‘Fast 50’, …

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Finnplay signs agreement with Trustly Group AB

Finland-based gaming platform provider, Finnplay, has signed an agreement with Trustly Group AB to integrate its online payment solutions. Trustly Group AB is a European FinTech company, named by Deloitte as one of Sweden’s fastest growing technology companies in 2004. Martin Prantner, CEO of Finnplay, commented: “We are delighted to partner with one of Europe’s fastest growing FinTech companies and …

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Intertain’s independent commitee refutes Spruce Point ‘Short-Seller’ attack

Responding to a 120-page dossier published by Spruce Point Capital Management last December, which criticised the governance of Toronto TSX listed Intertain Group (Intertain). A special independent committee appointed by Intertain governance has deemed the report to be “Self-serving and to contain numerous factual inaccuracies and mischaracterizations of company data” The committee made up of corporate independent directors, with the counsel of …

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Duncan Stewart – Deloitte – A response to SBC’s esports report analysis

Deloitte recently released its TMT 2016 predictions which included a fascinating and debatable section on esports, and its projected growth. Following an analysis of the report by SBC’s Sam Cooke, Deloitte Canada’s Director of Technology, Media and Telecommunications Research Duncan Stewart has responded to it with an explanation of their findings and the all important differences in the analytics of esports and …

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SBC analysis: Deloitte’s eSports 2016 predictions

Deloitte has released its technology media telecommunications (TMT) forecast for 2016, and it makes for some interesting reading in regard to eSports.  It is estimated that as an industry it will grow by 25% and create global revenues of $500m (£346.8m) in 2016. This is up $100m (£69.4m) from last year. Deloitte’s predictions fall some way short of some of last year’s …

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