Tag Archives: poct

Industry Snapshot – Remote Gambling

The remote gambling sector in Great Britain has undergone a period of great change in recent times. The Gambling (Licensing and Advertising) Act 2014 introduced in November 2014 meant that from then on overseas operators offering services to customers in Great Britain needed to obtain licences from the Gambling Commission and undergo consistent regulation. The introduction of the point of …

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Industry Snapshot – Betting Shops

With the industry focus on live in-play betting, and the ever increasing focus on mobile betting as a whole, the natural assumption would be that betting shops suffered in 2015. Indeed, one of the latest BetVictor adverts promotes the idea of placing a bet at a shop as an outdated and somewhat horrifying experience. Here’s an analysis of how betting …

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Betfair – Paddy Power merger on course for Q1 2016

The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran. During the exchange operator’s half year results, the company confirmed that all relevant regulatory filings have been submitted and the merger is on track for completion in Q1 2016, subject to shareholder and regulatory approval Betfair appears to …

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William Hill cites tax increases for £21m drop in profits

William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as the bookmaker reported a 30% drop in profits after tax to £69.5m. Despite group net revenue marginally growing, even against 2014 World Cup comparatives, operating profit dropped 12% to £155.7m for the first half. Group net …

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888 delivers record breaking 2014 performance

888 Holdings has announced ‘another record-breaking year’, as the operator posted its 2014 full year performance, with reported growth on all top line metrics. The igaming operator was able to record revenue increases in both of its key product divisions, as B2C saw a 11% jump to $391 million (FY 2013: $352 million) and B2B increased 32% to $64 million …

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London Baby: Sponsor Profile – Realex Payments

Its time to meet our latest London Baby Sponsor Realex Payments! Corporate Sales Manager Ian Nicholson explains what his firm has in store for ICE Totally Gaming and London Baby! SBC: What key topics and discussion do you feel will dominate the industry in agenda in 2015? Ian: Regulation will continue to evolve in many regions as governments seek to reap tax revenues from online gaming …

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