Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has called on Chancellor of the Exchequer Rishi Sunak to introduce a ‘Budget for Jobs’ to the House of Commons on Wednesday. In a statement this morning, Dugher reiterated his long-held argument that the regulated betting and gaming industry is ‘ready, willing and able’ to assist the UK Treasury …
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Plans for the UK Gambling Commission (UKGC) to conduct advanced affordability checks as a result of the review of the UK’s betting and gaming regulations may be shelved due to the findings of the consultation, according to a report by The Telegraph. The enforcement of applied affordability checks on all UK gamblers wagering over £100 a month has been submitted …
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The Betting and Gaming Council (BGC) has joined wider leisure and hospitality trade bodies in welcoming Chancellor Rishi Sunak’s COVID business support and economic measures. This lunchtime’s Budget announcement saw the government extend its much-needed rates relief on highstreet retail and hospitality venues – a decision welcomed by the BGC on behalf of England’s betting shops. Also positively received was …
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UK gambling will be at the forefront of global business headlines and further M&A speculation this week as its ‘big-three’ PLCs declare their end-of-year results having navigated the events of an unprecedented 2020. Opening the FTSE bell on Tuesday 2 February, Flutter Entertainment will publish its 2020 financial results, with City and Wall Street eyes eager to gauge the …
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The UK government has announced that all non-essential services – including betting shops – will receive direct cash payments of £6,000 per site in ‘recovery grants.’ Chancellor of the Exchequer, Rishi Sunak, made the announcement ahead of the confirmation of the country’s national Budget this coming Wednesday. As part of the plans, a grant scheme totalling £5 billion will be …
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The Betting and Gaming Council (BGC) has joined wider UK industries in calling for the HM Treasury to extend business rates relief and help the economy emerge from lockdown. UK business currently waits for Chancellor Rishi Sunak to present his spring statement on Wednesday 3 March, when he will announce the Budget proposals for 2021, outlining the fiscal measures and …
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Conservative MP Laurence Robertson has expressed concern to the UK Gambling Commission (UKGC) about the potential ‘devastating impact’ of enhanced affordability checks on UK racing. The new affordability checks are currently being discussed in a consultation which will close tonight [9 February]. If introduced, the new regulations could enforce affordability checks once a customer has experienced a net monthly loss …
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A report commissioned by the Betting and Gaming Council (BGC), with the support of William Hill and Entain Plc, has provided evidence of black market threats to the UK’s gambling industry. The BGC commissioned ‘Big 4’ auditor PWC to undertake the ‘evidence-backed primary research’ on black market threats to the UK gambling sector. Findings indicate that although the number of …
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Chancellor of the Exchequer Rishi Sunak has raised direct concerns with the DCMS about further ‘enhanced affordability checks’ being imposed on bookmakers. Reported by the Racing Post, local racing delegates of Sunak’s Richmond North Yorkshire constituency wrote to the Chancellor opposing a consultation proposal being reviewed by the UK Gambling Commission (UKGC). Forming part of the government’s ongoing review of …
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SBC recounts the traumatic months of March and April 2020, as the deadly coronavirus spread across Europe, leading to nationwide lockdowns and the cancellation of sports fixtures across the world. SBC – COVID-19 shocks signal that 2020 will be no ordinary year… As COVID-19 triggered what has been described as an ‘unprecedented’ situation, the betting industry was forced to enact …
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