Tag Archives: Kwasi Kwarteng

Winning Post: Brazil to copy the UK… but not in a good way

SBC News Winning Post: Brazil to copy the UK... but not in a good way

The industry sees progress on Brazil launching its long-awaited sports betting regime in 2022. Yet observing policy developments, Regulus Partners warns that lawmakers will regret adopting a  UK model to tax operators of a new marketplace. The Brazilian government has announced that it will ‘follow the UK model’ of online betting tax, applying a 15% GGR duty, explicitly to ensure …

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Punters plough money on Liz to have the shortest of PM premierships

SBC News Punters plough money on Liz to have the shortest of PM premierships

Betting exchanges have cited a whirlwind weekend pricing ‘Storm Liz’, as once again speculation swirls around a Conservative Party mutiny against its leader.  Less than six weeks in office, PM Liz Truss is fighting for survival, as her chaotic economic recovery plan was ripped up by new chancellor Jeremy Hunt in an address this morning. Short on friends and allies …

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Bookies Corner: In Liz we Trust…

SBC News Bookies Corner: In Liz we Trust…

Less than a month in charge, is PM Liz Truss premiership over following a week of chaos? The past seven days have seen the Bank of England and IMF at loggerheads with The Treasury related to the UK’s economic strategy… As speculation mounts of buyer remorse among Conservative peers, does PM Liz have enough support and friends to lead the …

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Winning Post: Growth Plan 2023 or gambling on the UK’s future?

SBC News Winning Post: Growth Plan 2023 or gambling on the UK's future?

Regulus Partners dissects the ‘mini-budget’ statement summoned by new Chancellor of the Exchequer Kwasi Kwarteng, as the closing months of 2022 will reveal the true impact of macro trends on UK gambling as consumers face a winter pinch. For the first time in over a decade, macroeconomic issues are likely to be the dominant drivers of revenue performance in more …

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Government ‘currently minded’ to approve Premier League rights renewal

SBC News Government ‘currently minded’ to approve Premier League rights renewal

The UK government is reviewing the Premier League’s principal agreements with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport for the £4.5 billion renewal of its existing media rights deal. The three-year extension, which runs from the 2022/23 campaign to the end of the 2024/25 season, requires the government’s approval to be rectified with the Competition Act 1998 …

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BGC welcomes Kwasi Kwarteng as Business Secretary

BGC welcomes Kwasi Kwarteng as Business Secretary

The Betting and Gaming Council (BGC) has welcomed the government’s appointment of Kwasi Kwarteng as the new Business Secretary.  The Conservative Minister will replace Alok Sharma, who has been named president of the ‘UN COP26 Climate Conference’ – the UN’s headline climate emergency conference which will take place in Glasgow later this year. Recognised as a close ally to Boris …

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