Tag Archives: European Union

UK not leaving EU on October 31 trading on exchanges at 97%

Punters have shown little faith in PM Boris Johnson passing his Brexit deal in Parliament before the 31st October, with the possibility of a deal being reached currently trading at 3% on the Smarkets betting exchange.  Johnson continues to face an uphill battle in Westminster, having lost a succession of important votes since taking up the role of Prime Minister.  …

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Smarkets: A50 extension likely as DUP shuts down Boris’ deal

With only two weeks to go until the UK is due to leave the European Union, the UK government this afternoon presented its withdrawal terms, yet bookmakers are sceptical of a ‘Halloween departure’ on 31 October as markets trade at 78% for an Article 50 extension.  Online betting exchange Smarkets has reported a spike in trading this morning following the …

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PM tipped for further defeats says Paddy Power

As Parliament is due to be given another chance to vote for a general election on Monday, making it the second opportunity this week, Paddy Power has made it odds-on that MPs will choose to vote against an early election. Boris Johnson has faced a difficult week in Westminster, having faced a party rebellion, a number of resignations and a …

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No-deal Brexit ‘is a real risk to racing’ warns Flutter’s Peter Jackson

With only 79 days until the UK is pencilled in to leave the European Union, horse racing stakeholders continue to make preparations in anticipation of potential disruptions to the sport and further impacts on betting markets.  The Financial Times reported this morning that a no-deal Brexit – which at present appears to be the UK’s likely outcome – will threaten …

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Women take the lead in gambling communications management

According to a new report published by customer retention specialist, Optimove, has found that more women had exercised the right to be forgotten under the European Union’s  General Data Protection Regulation (GDPR) implemented last year. The report found that 68 per cent of those who had opted out of data communications identified as female, while age also played a role –  as players aged …

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Brexit vote “really is the last chance” for May to assert leadership

Brexit has once again dominated the UK headlines, with questions now being raised as to who may be replacing Theresa May as Prime Minister if she is to step down. With MPs set to convene in the House of Commons this evening to vote yet again on Theresa May’s deal, it appears that the country is more divided than ever. …

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Brexit upheaval sees GVC shift focus to Ireland and Malta

With negotiations between the UK and the European Union (EU) still ongoing, and only 24 days until the formal departure date, GVC Holdings (GVC) has released its Brexit contingency plans which will see the online gambling company alter its operational strategy. No deal has yet been reached between the UK and the EU, and so it is difficult to say what …

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Trio of Racing stakeholders warns Parliament of No Deal implications

The conversation surrounding Brexit has been inescapable for the last two and a half years, with MPs still unable to agree upon a deal that would be most beneficial for the UK. Later in the week, Chief Executive of Irish racing Brian Kavanagh will be travelling to Westminster to liaise with senior officials from both the British Horseracing Authority and …

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A no-deal brexit would be detrimental for British horse racing industry, warns Goffs’ chairman

The UK Chairman of Bloodstock sales group Goffs, Henry Beeby, has warned MPs that allowing a no-deal Brexit to occur will have adverse effects on the breeding and racing industries in the UK. Prime Minister Theresa May’s proposed deal suffered an overwhelming defeat in the House of Commons on Tuesday, which has dented hopes for a secure future in the …

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No-deal Brexit “could have huge ramifications” for racing

BetBright - Copyright: gabe123 / 123RF Stock Photo

A no-deal Brexit “could have huge ramifications for Irish and UK horse racing,” according to Irishracing.com Editor Vincent Finegan. Speaking to AffiliateINSIDER yesterday, Finegan stressed that the “movement of horses from one country to the other will virtually stop” in the event of no deal.   “The success of major racing festivals such as Cheltenham, Royal Ascot and the Aintree …

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