Tag Archives: labour

MPs emphasise the importance of the DCMS review on the horse racing industry

This week’s long awaited triennial review of gaming machines stakes and prizes not only led to a 12 week consultation period, but also incited an incredibly heated debate in Parliament on Tuesday. As part of the debate, the case was made for how future regulations on terminals could have implications on the horse racing industry, both co-chairs of the all-party …

Read More »

Timeline – How the fate of fobts became such a deep seated issue

As the long awaited triennial review of gaming machines stakes and prizes looms, it’s seemingly becoming increasingly likely that the result will be a crippling clampdown on the maximum stakes on fixed-odds-betting-terminals (FOBTs). Since the introduction of the Gambling Act in 2005, the political maelstrom that has engulfed FOBTs has inevitably intensified the levels of tension, and decreased the levels …

Read More »

Betway defends football shirt sponsorship deals

Betway has defended the gambling industry’s ability to sponsor Premier league football shirts in the wake of Labour’s proposals to ban gambling firms sponsoring football shirts. Since February 2015, Betway has been the official shirt sponsor of West Ham United, this season’s extension of the partnership, means The Hammers are one of nine Premier League clubs with a gambling company …

Read More »

William Hill – UK awaits landscape changing by-election results

With the crucial constituency by-elections of Stoke-on-Trent Central (Staffordshire) and Copeland (Cumbria) taking place tomorrow, William Hill politics believes that the results may set the agenda for the future of UK politics. Updating its by-election markets, William Hill details that political punters are speculating that the results could spark a change of leader for different parties and even mark a …

Read More »

Too Late! No gambling provisions to be attached to the Wales Bill

The UK government will not allow the ‘Wales Bill’ to be amended in order to add new gambling legislations for the national assembly. On Monday Labour and Plaid Cymru attempted to add ‘final hour’ provisions to the bill, seeking to give the Welsh assembly the right to restrict and regulate gambling machines on betting shop premises. Late in the game …

Read More »

William Hill – Smith has slim labour leadership chances despite Khan endorsement

This weekend’s shock news that London Mayor Sadiq Khan has sided with Owen Smith against Jeremy Corbyn in the Labour Leadership Election has seen bookmaker William Hill reduce its odds on Smith winning party leadership from 11/2 to 9/2. Khan who had been thought of as a ‘Corbyn stalwart’, changed his position on the current Labour leader, citing that the …

Read More »

UK Bookmakers cool on Owen Smith Labour leadership ambitions

UK bookmakers appear adamant that Jeremy Corbyn will keep his position as Labour Party leader despite the electoral challenge of Shadow Work & Pensions Secretary Owen Smith. Smith will now challenge Corbyn at the upcoming Labour Party Elections on 24 September as sole leadership candidate, with Angela Eagles (Shadow Secretary of Business) having yesterday announced her departure from the race …

Read More »

William Hill – Corbyn Labour victory clobbers UK Bookmakers

William Hill has stated that Jeremy Corbyn’s Labour leadership victory, has hit UK bookmakers for millions of pounds. Alerting the UK media this weekend, William Hill stated that Corbyn had achieved the biggest UK political gamble ever. An unprecedented campaign which saw far-left Corbyn as a 200/1 leadership outsider in May, caught momentum with Labour party members and powerful trade …

Read More »

“Done Deal” for Labour as Paddy Power pays out early on Corbyn victory

Paddy Power has announced another early political pay-out, as the bookmaker confirmed that it had cashed out + £100,000 on Jeremy Corbyn winning the Labour Leadership Election. Releasing a statement to the UK media, the bookmaker reported that it had closed the political market with almost a month of party member voting left (results will be announced on 12 September). …

Read More »

Betfred – Labour Leadership market reaches £250,000 in wagers

UK independent bookmaker Betfred has revealed that it has recorded £250,000 wagered on the outcome of the Labour Party Leadership election. The bookmaker stated that its market levels were unprecedented, reaching its highest levels for a party political leadership campaign. With candidate ballots due to be sent out today to party members, the bookmaker revealed that it had recorded 50% …

Read More »