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GAMBLING

  • Flutter: Paddy Power owner loses over £300m on bad US bets

    January 8, 2025

    Flutter, the gambling giant owner of Paddy Power, has downgraded its revenue estimates for 2024 by $390m (£312m) after a period of “very unfavourable US sports results”. In a stock exchange notice, the Fanduel owner reported that November and December had seen a surge in unfavourable results for the bookie, especially in American football parlay [...]

  • Hamilton world title or Fury vs Joshua? The betting trends set to dominate 2025

    January 4, 2025

    Millions of Brits love a little betting flutter now and again, and sport is where the majority of our punts go. Government reports state that “the provisional 2024 to 2025 year-to-date [April to September] total for betting and gaming receipts is £1,78bn, which is £102m (6 per cent) higher than the same period during the [...]

  • Sport in 2025: A rallying cry to London, Mayor Khan and Londoners

    January 2, 2025

    For at least the past five years it has felt as if London was disappearing off the global sporting stage. The capital may boast the Home of Cricket, 17 professional football clubs and five stadiums with a capacity of over 50,000 but huge sporting events have sought refuge in the likes of Saudi Arabia, the [...]

  • Entain reveal sports events punters bet on the most in 2024

    December 26, 2024

    Betting giant Entain has revealed the biggest sporting events of 2024, using their global sportsbook to identify which events saw the most bets placed. The Grand National was the runaway winner but 60 per cent of the top 10 featured matches from the summer’s Euro Championships in Germany. The NFL, Champions League final and golf’s [...]

  • BBC Match of the Day decision to cost bookies a triple payout

    December 18, 2024

    The BBC will bash the bookmakers if, as expected, it names Kelly Cates, Gabby Logan and Mark Chapman as the successors to Match of the Day presenter Gary Lineker. Multiple betting firms offered markets on which host would replace Lineker when he vacates the hotseat after a quarter of a century in the job at [...]

  • The Best Online Casino Sites in the UK

    November 1, 2024

    City AM has pulled together the best online gaming options for our readers. Our team has examined qualities such as user features, game libraries, new and existing customer promotions, and software. We’ve also examined usability, including mobile compatibility and adequate security, key features of all our recommended online casinos. Below we’ve listed our top picks [...]

  • Mecca Bingo owner Rank Group wins again with double-digit growth

    October 17, 2024

    Mecca Bingo owner Rank Group has reported double-digit growth as UK patrons flock back to casinos and digital gambling channels. In an update to markets this morning, the London-listed gambling firm said group like-for-like Net Gaming Revenue (NGR) jumped 12 per cent to £197.4m, building on the momentum of a return to casinos. Venues NGR [...]

  • Entain upgrades guidance after boost from Euros and NFL

    October 17, 2024

    Gambling group Entain has upgraded its guidance after popular sports matches helped it grow its gaming revenue and deliver a stronger than expected performance in the third quarter The owner of Ladbrokes and 888casino said total net gaming revenue (NGR) grew eight per cent in the three months to 30 September, including its 50 per [...]

  • Tories hit out at government over £3bn gambling tax raid plan

    October 14, 2024

    The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”.  Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]

  • Win a dream house for £10? How Omaze found controversial success in the UK

    October 7, 2024

    Luxury house prize draw Omaze has found booming success in the UK, but not everyone's happy about it. Anna Moloney examines why.

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