Tag Archives: government

Government issues racing assurances over ‘no deal’ Brexit

The Government has emphasised it will help owners to navigate the new processes for moving horses and other equine animals from the UK to EU member states, in the event event of a ‘no deal’ Brexit. Although, leaving the EU with a deal remains the top priority, the government is continuing with ‘no deal’ preparations to ensure the country is …

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Winning Post: Changing perceptions of animal betting sports

In play - Copyright: gabe123 / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: Florida greyhounds – dog days are over Florida, home to the oldest continually operated dog track in the world (and one of the largest) has banned wagering on greyhound races in …

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DCMS guarantees gambling industry engagement on FOBTS

Last week during a Parliamentary debate over Fixed Odds Betting Terminals (FOBTs), the Parliamentary Under-Secretary of State for Digital, Culture, Media and Sport (DCMS) Lord Ashton of Hyde emphasised that bookmakers would be engaged with the implementation process of new FOBT regulations. It was announced by the Government in May that after an extended triennial review that there would be …

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UK government to consider society lottery reform

Society Lotteries could be set for major reform, as the UK government embarks upon a consultation period relating to the amount of money that can be raised for good causes. Running for a period of ten weeks, and open to members of the public, a series of rises are to be considered, with the previous sales limit increase occurring in …

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DAREBS: The solution to recovering FOBT losses?

DAREBS

The onus has been put on betting shop operators to replace the inevitable dip in revenues caused by the slashing of maximum stakes to £2 on fixed odds betting terminals and the now, effectively defunct, B2 profile. Pavel Korolev, Business Development Director at InBet Games, believes his firm has a product that could help stem the flow. “Fifteen years of …

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OPTIMA joins call for FOBTs transition period

OPTIMA

OPTIMA CEO Jacob Lopez has echoed a call from GVC for the government to afford UK bookmakers a reasonable transition period to adapt their retail business models. Lopez was consulted by SBC on yesterday’s announcement, which saw the government reject advice from the Gambling Commission by cutting stakes on B2 Gaming Machines (FOBTs) from £100 to £2. To cover the …

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GVC set for £4bn Ladbrokes Coral takeover

FTSE online gambling group GVC Holdings has today detailed its proposed bid for bookmaker Ladbrokes Coral Plc, putting forward a takeover deal that could be worth up to £4 billion, creating a new multi-channel, multi-market gambling group. Bringing clarity to its initial bid (first announced 7 December), GVC’s proposition values Ladbrokes Coral at 160.9p per share, equating to approximately £3.2 billion. However, deal …

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David Clifton: Licensing Expert – Last chance saloon

In all my 35 years advising the UK’s gambling industry I can think of no time when it has been so besieged with adverse criticism from the Government, the Parliamentary Opposition, regulators, the media and the general public alike.  Clearly opinions on gambling (whether justified, exaggerated or prejudiced) expressed in the media heavily influence public opinion. The opinions expressed by …

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Business Briefs – featuring loopholes, knockouts and whip cracks

Copyright: zerbor / 123RF Stock Photo

This latest edition features a returning gaming congress, partnerships, expansions and huge fines being issued in the USA. Atlantic City to train youths Fifteen minority youths in Atlantic City are to receive speciality construction based training, courtesy of a new 12 week initiative. Upon completion a jobs connection with Hard Rock Hotel and Casino will be made, with the company’s …

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Aliens try to take over the world in Yggdrasil’s Reptoids

All is not what is seems at Yggdrasil Gaming, thanks to the launch of its 1960s inspired extra terrestrial slot Reptoids. Aliens will become exposed in top Government positions in this latest title, which evokes conspiracy theories of the time, and hopes to provide players with an engaging story line alongside its ‘old school graphics.’ A Repto Detector feature is …

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