Tag Archives: The Times

Ladbrokes chief warns of £2 FOBT ramifications

SBC News Ladbrokes chief warns of £2 FOBT ramifications

Ladbrokes Coral Chief Executive Jim Mullen has emphasised that cutting the stakes of fixed odds betting terminals (FOBTs) will not only have negative economic implications, but will also “fail to adequately address any issue of problem gambling”. Mullen was responding to a report in the Sunday Times, which claimed newly appointed culture secretary Matt Hancock is in favour of delivering a …

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Positive Year 1 results vindicate ITV’s racing gamble

SBC News Positive Year 1 results vindicate ITV's racing gamble

UK terrestrial TV broadcaster ITV is pleased by its first year of coverage of UK racing, detailing to The Times that it ‘feels vindicated’ by its decision to invest in the sport. In January 2016, ITV secured the rights to broadcast Racecourse Media Group (RMG) syndicated content, replacing Channel 4 Racing as the lead domestic TV broadcaster for racing. Setting …

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October pains… UK DCMS expected to delay final judgement on FOBTs wagering

SBC News October pains… UK DCMS expected to delay final judgement on FOBTs wagering

UK newspapers The Times and The Guardian have reported that the Department for Digital, Culture, Media and Sport (DCMS) will seek to open a further ‘12-week consultation period’ for its ongoing review of FOBTs wagering levels. At present, it appears that DCMS will delay its judgement on whether to reduce FOBTs wagering from £100 max-bet to the reported options of £50, …

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UKGC strengthens its stance on protecting children from betting-related harm

SBC News UKGC strengthens its stance on protecting children from betting-related harm

An article published in the Times on Sunday 8 October accusing online betting operators of using cartoons to ‘lure kids to online gambling’, has caused the UK Gambling Commission (UKGC) to reaffirm its stance on protecting children from betting-related harm. The article claimed that gambling operators utilised flaws in the guidelines enforced by the UKGC and promoted games that appeal specifically to …

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Smarkets lists second on The Sunday Times ‘Tech Track 100’ index

SBC News Smarkets lists second on The Sunday Times 'Tech Track 100' index

The Sunday Times has ranked online betting exchange Smarkets as the second fastest growing UK private technology enterprise for its ‘2017 Tech Track 100’ index. The company which reported a 280% annual sales rise over three years was beaten to the top of the Sunday Times tech index by children’s ‘digital personalised book publisher Wonderbly. Led by CEO and Founder …

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Scott Longley – William Hill chief: ‘Drop TV ads’

William Hill - Copyright: micchaelpuche / 123RF Stock Photo

Philip Bowcock, chief executive at William Hill, suggests that his company has the brand presence to withstand the loss of TV advertising, writes Scott Longley. _________________________ Philip Bowcock, chief executive of William Hill, said he personally would like to see the gambling industry reined in when it comes to TV advertising and suggested his company would benefit from the general …

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Smarkets wins fourth place in ‘Deloitte Fast 50’ UK tech & innovation index

SBC News Smarkets wins fourth place in 'Deloitte Fast 50' UK tech & innovation index

Professional online betting exchange Smakets, has ranked fourth on the ‘Deloitte Fast 50’ UK technology and innovation index. The ‘Deloitte Fast 50’ recognises the fastest growing new enterprises within the UK technology sector. Launched in 2008, Smarkets is the only UK betting industry incumbent to have ranked in Deloitte’s prestigious 2016 index. Gaining the fourth spot on the ‘Fast 50’, …

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‘Out of Luck’…UK government to review gambling advertising standards

SBC News 'Out of Luck'...UK government to review gambling advertising standards

UK news sources have reported that the Conservative Government are considering a blanket ban on all gambling advertisements before the 9pm watershed. The government is set to add a review of UK gambling advertising practices to its ongoing examination of Fixed Odds Betting Terminals (FOBTs).  Early reports indicate that government will seek to clampdown gambling on TV advertising, expressing concerns …

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