Tag Archives: European Union

Smarkets: Punters’ confidence in Brexit deal slips to 69%

brexit

With the deadline for a Brexit deal fast approaching, the possibility of Boris Johnson reaching an agreement with the European Union appears to be slipping away according to Smarkets. According to the betting exchange, a ‘no deal Brexit’ appears to be more likely with 69% of punters backing the possibility of a trade deal, compared to 90% last week, as …

Read More »

Europol warns of ‘greater risk’ of match-fixing during pandemic

Europol, the European Union’s agency for law enforcement cooperation, has issued a warning against the ‘greater risk’ of match-fixing by organised crime groups (OCGs). The report, entitled The involvement of organised crime groups in sports corruption, emphasised that OCGs have been exploiting ‘the changing circumstances during the COVID-19 pandemic’. “Sports corruption is a serious crime involving organised crime groups operating …

Read More »

Spelinspektionen demands tightening of Sweden’s AML codes

Issuing a market update, Swedish gambling inspectorate Spelinspektionen detailed that it has requested specific amendments to be introduced to Riksdag (Swedish Parliament) approved measures and protections against money laundering. Spelinspektionen undertakes its parliamentary request, as it seeks to establish a new Swedish Treasury approved AML control system to monitor specific gambling transactions. On 1 January 2020, the Riksdag sanctioned new …

Read More »

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.  …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »