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 »
According to recent figures released by GambleAware, UK operators Bet365, GVC Holdings and William Hill have again topped the list of donations received by the industry charity, for the period between 1 April 2019 – 30 September 2019. The charity had received £5.4m in pledges and donations for Q1 and Q2 of this year, however this does not include funds …
Read More »
Announced as part of the Irish financial budget for 2020, bookmakers are set to receive a €50,000 a year relief from the 2 per cent tax levied on betting in the Republic which is hoped will support the country’s independent bookmaking sector. Minister for Finance Paschal Donohoe confirmed yesterday that bookmakers across the Republic will not be subject to tax …
Read More »
GVC Holdings has confirmed the appointment of BBH London as lead creative marketing agency for its Ladbrokes Coral advertising account. This September, GVC governance called for an ‘agency pitch’, consolidating the multi-million £ creative advertising accounts of Ladbrokes and Coral – the FTSE gambling group’s flagship UK betting brands. A specialist in delivering effective brand development strategies for large scale …
Read More »
Spain’s Competition & Markets Authority (CNMC) will allow Grupo CIRSA to acquire bookmaker Sportium outright, permitting the Blackstone owned operator the right to purchase Ladbrokes 50% joint-venture shareholding. The CNMC had been forced to review CIRSA’s pending €70 million acquisition of Ladbrokes JV stake in Sportium, which would see CIRSA control Spain’s biggest wagering network made-up of 3,000 retail betting …
Read More »
GVC Holdings has strengthened its senior operational management team by announcing the appointment of a new director of payments and compliance, and a new gaming product director. Set to join the operator’s leadership in early November, Gabriele Griesbacher will assume the role of Director of Payments, while Colin Cole-Johnson takes up the role of Gaming Product Director. Shay Segev, Chief …
Read More »
GVC Holdings has strengthened its commitment to racing after securing a new global racing partnership with Australia-based BetMakers Technology Group, which will roll out BetMakers’ technology and wagering products rolled out in Australia and other international markets. Under the terms of the new agreement, BetMakers has confirmed that it will continue to service GVC Australia brands. However, it has now …
Read More »
The impact of stake reductions on Fixed Odds Betting Terminals (FOBTs) is continuing to have a ‘profound impact’ upon UK bookmakers as the Association of British Bookmakers (ABB) anticipates further shop closures by the end of the year. The statement comes after retailers and unions have urged the government to take action over the rate of shop closures on UK …
Read More »
Down Royal racecourse has named Ladbrokes as the new sponsor for its first Grade 1 of this year’s jumps season, with the deal estimated to be the largest in Down Royal’s history. The race, which will now be called the Ladbrokes Champion Chase, comes as part of a six-figure deal between the racecourse and operator, with prize-money tipped at €140,000. …
Read More »
Ladbrokes has moved to enhance its Irish sports status by confirming the appointment of former Republic of Ireland striker Kevin Doyle and former Munster and Ireland Rugby blindside flanker Stephen Ferris as Brand Ambassadors. Doyle and Ferris join middleweight boxer Jason Quigley and champion jockey Paul Townend as Ladbrokes Ireland expands its ambassadorial stable. The quintet is set to engage football, …
Read More »
SBC News Voice of the Sports Betting Industry