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      Betfred ditch Derby sponsorship and blame Healey Budget tax hikes

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Sport Betting

  • ‘Jobs killer’: Gambling industry lashes out at Healey betting tax raid

    Sport Business

    After the Chancellor announced a tax hike for the gambling and betting sector, Saskia Koopman dissected the industry reaction Machine Games Duty (MGD) will rise from 20 to 25 per cent in April 2027, below the 40 per cent demanded by campaigners and some Labour MPs. The Betting and Gaming Council (BGC) warned that almost [...]

    William Hill parent company Evoke says it has seen lower football staking volumes in the United Kingdom and Ireland since Euro 2024.
  • Doubts over £458m gambling tax plan emerge days before Budget

    Betting

    A week before the Budget, questions have emerged about the evidence behind a proposed £458m gambling tax rise, after internal comments revealed doubts among the campaigners that were pushing for the increase. The Betting and Gaming Council (BGC) told City AM that the comments, which appeared in a draft report by the Social Market Foundation [...]

    Millions of Brits love a little betting flutter now and again, and sport is where the majority of our punts go.
  • Premier League front-of-shirt sponsorship revenues rise to £444m

    Sport Business

    Premier League clubs’ front-of-shirt sponsorship revenue has risen eight per cent to £444m despite implementing a voluntary ban on gambling firms. The English top flight agreed to ban betting and casino brands from the lucrative front-of-shirt sponsorship slot in a move that lost the 20 clubs a collective £67m. But Premier League teams have managed [...]

    Declan Rice of Arsenal dribbles the football during a match, with another player in blue closely behind him.
  • West Ham to announce betting front-of-shirt sponsor after Premier League relegation

    June 30, 2026

    West Ham United will this morning announce that they are keeping betting brand Boyle Sports as its front-of-shirt sponsor next season after being relegated from the Premier League. The London club had the Irish family-owned firm across its claret and blue shirts across last season’s Premier League campaign but risked losing them after top flight [...]

  • Concern as gambling black market set for £40m Royal Ascot boost

    June 18, 2026

    Illicit Royal Ascot betting could boost the gambling black market industry by £40m as punters get drawn in by unregulated operators. The horse racing spectacle is underway in Berkshire with 300,000 fans expected across five days of Royal Ascot racing. But many punters across the racing diaspora are turning to black market betting, with regulations [...]

  • Children as young as 14 are being targeted by unregulated gambling firms on social media

    June 16, 2026

    Children as young as 14 are being targeted by unregulated gambling firms, with AI-generated tipsters, influencers and the manosphere blamed for exploiting teenagers on social media. Over 30 unregulated gambling sites – such as Stake and Rainbet – are accused of targeting UK users primarily aged 14-25, according to new data collected last month by [...]

  • World Cup office sweepstakes could leave employers facing legal red cards

    June 10, 2026

    With the World Cup set to kick off on Thursday, many offices across the City will be gearing up to offer employees the chance to participate in competitions – known as sweepstakes – to place informal bets on who might win.  Sweepstakes involve participants paying a fee into a cash pot and being randomly assigned [...]

  • Sport data giant Sportradar slapped with lawsuits in UK and US

    April 1, 2026

    The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar.  Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]

  • Formula 1 signs first ever official betting operator in multi-year deal

    March 5, 2026

    Betway has announced a deal with Formula 1 in a move that will see the motorsport agree its first ever betting operator sponsorship. The move, which is not a global sponsor, spans Europe, the Middle East and Africa, as well as Canada and Mexico and sees Formula 1 enter the betting market. Betway platforms will [...]

  • Premier League clubs face unlicensed gambling firms ban

    February 23, 2026

    Premier League clubs could be banned from being sponsored by a plethora of betting firms as the government looks to crack down on illegal gambling. Despite a voluntary move by Premier League clubs to remove gambling and casino sponsors from the front of shirts from next season, those brands can move to sleeves and maintain [...]

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