Tag Archives: Rishi Sunak

Sam Rosbottom, Betfair: politics punters expecting change on both sides of Atlantic

Sam Rosbottom, Betfair: politics punters expecting change on both sides of Atlantic

Betting isn’t always about sports – politics and elections can be a popular punt for the news-savvy, and betting exchanges such as Betfair are often the ideal destination for these bettors Political betting has seen some huge moments over the past decade, particularly in 2016, 2019 and 2020. With the US Presidential election set next year and a UK general …

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GWL confirms Prochaska exit as Strategy Director

SBC News GWL confirms Prochaska exit as Strategy Director

Gambling with Lives (GWL) has announced that Will Prochaska has resigned as Strategy Director of the charity and reform group representing the families of those bereaved by gambling-related suicides. As announced this weekend, “Will Prochaska is leaving to operate as an independent advisor on gambling harm initiatives, a move that reflects his continued commitment to tackling the harm caused by …

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PaymentExpert: Tech giants commit to UK’s Online Fraud Charter

SBC News PaymentExpert: Tech giants commit to UK's Online Fraud Charter

The UK government has deepened its commitment to protecting citizens from fraud after reaching what it calls ‘the first agreement of its kind’ with global tech companies. Eleven Big Tech conglomerates – Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok and YouTube – are expected to sign a pledge to remove fraudulent content from their platforms as …

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BGC: Simplified tax measure will become a Trojan horse for UK gambling  

BGC pledges to maintain safer gambling momentum. Michael Dugher.

The Treasury has been warned by the Betting and Gaming Council (BGC) not to impose a simplified measure on UK gambling taxes, branded as a ‘Trojan horse’ for the industry and its diverse stakeholders. Last week’s Autumn Statement saw Chancellor Jeremy Hunt confirm that the Treasury would consult on proposals to bring remote betting into a single tax framework, replacing …

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PaymentExpert: UK playing catch-up on key Open Banking disciplines

SBC News PaymentExpert: UK playing catch-up on key Open Banking disciplines

The UK government has been warned of technical shortfalls and entry barriers in its path to unlocking an open banking system to reducing SME costs and to change retail banking processes benefitting the consumer. PaymentExpert drills down on the ‘Future of Payments’ report by Joe Garner, former Chief Executive of Nationwide, on how the UK can overcome existing challenges and deliver banking transparency …

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DCMS highlights business impact of a standalone gambling sector

SBC News DCMS highlights business impact of a standalone gambling sector

DCMS has submitted its business estimates to the National Office of Statistics (ONS), tracking the performance of sectors under its regulatory remit for the period of March 2019 to March 2022. The report provides estimates on the business contribution (number, turnover, and employment) of sectors governed by DCMS, excluding civil society (charities and voluntary associations). At present, DCMS’ regulatory remit …

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Betfair: Sunak faces losing record number of seats at next General Election

SBC News Betfair: Sunak faces losing record number of seats at next General Election

Betfair projects a bleak outlook for the Conservative Party and its plans to remain in government as the UK’s next General Election looms. At this week’s Party Conference in Manchester, Betfair announced: “Punters on the Exchange are backing the Conservatives to lose more than 201 seats (5/2 – 29% chance) at the next general election.” The favoured outcome among Betfair …

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Betfair: Boris toxic exit hurts Sunak’s General Election plans

SBC News Betfair: Boris toxic exit hurts Sunak's General Election plans

In the wake of former PM Boris Johnson announcing his ministerial resignation, Betfair Politics sees odds shorten further on the Labour Party to secure a majority in the forthcoming general election.  A repricing of all UK political markets comes in the aftermath of Johnson’s resignation as an MP, which has been subsequently followed by a chaotic fallout amid Conservative Party …

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Winning Post: UK Gambling lacking support in Parliament

SBC News Winning Post: UK Gambling lacking support in Parliament

Regulus Partners comments on the loss of gambling’s voice in Parliament following the All Party Parliamentary Betting and Gaming Group’s decision to close its ranks. UK gambling requires a new approach to engage with MPs on pending matters.   The paper tiger of gambling’s ‘powerful industry lobby’ emitted a plaintive meow this week, as the All Party Parliamentary Betting and Gaming …

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Media eyes on Sunak to call on White Paper’s April conclusion

SBC News Media eyes on Sunak to call on White Paper's April conclusion

Speculation mounts across the UK media’s grapevine that April will be the definitive month in which the government publishes the long-overdue White Paper on gambling reforms. Writing in The Sunday Times, long-standing gambling critic Dominic Lawson – son of Nigel Lawson, former Chancellor of the Thatcher government – cited: “I’m told the white paper will at last be published on …

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