Bookmakers will have their political credentials put under the spotlight once again, as the UK prepares for a general election on Thursday 12 December. Following year-on-year political upsets since 2015, Keir Adams, Head of UK Sports at SBTech, spoke to SBC News about pricing betting’s most unpredictable market. SBC: How do you price an election? And how do you price in …
Read More »Tag Archives: election
Tom Watson resignation leaves question over gambling review
In the latest major political news in the UK, Labour’s Deputy Leader Tom Watson has announced his resignation and that he will not be sitting in the upcoming General Election. The surprising news has sent shockwaves through the UK political scene but also has implications for the gambling industry, given that it was Watson who was spearheading a review into the …
Read More »Warren Lush – Who had a good General Election?
A week after the country discovered that its next government was a Conservative majority one, independent consultant Warren Lush takes a look at how the election campaign played out for bookmakers. The dust has now settled on the UK 2015 General Election…well I suppose you could say that! How did the bookmakers fair and which companies can claim the campaign …
Read More »Chancellor gives green light to horserace betting right
Chancellor George Osborne has seemingly given the go-ahead for the long-standing Horseracing Levy to be replaced by a ‘betting right’ – presumably meaning that bookmakers will have to pay racing for the privilege of taking bets on the sport. In today’s Budget announcement, Osborne said that the Government was ‘introducing a horseracing betting right’ , although there was scant other …
Read More »Lords debate restrictions on B2 Gaming Machines
Fixed odds betting terminals have been debated in the House of Lords, with the usual mix of hot air and in-depth analysis that has come to be frequently parodied of the UK’s second legislative house. The whole discussion has been kicked off by Lib Dem Peer Lord Strasburger, despite the fact he doesn’t appear to know what the existing stake …
Read More »Paul Leyland: continuous tax challenges may not be wise
Paul Leyland, Principle Consultant at Regulus Partners, takes a look at the news that there is to be another attempt at a Judicial Review on the UK’s Point of Consumption regime and asks whether it is altogether wise. The Gibraltar Betting and Gaming Association, having failed to overturn the UK remote Gambling (Licensing and Advertising) Act, is now attempting a …
Read More »