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GAMBLING

  • 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.

  • CPS offers pleas to Entain suspects ahead of charging decisions

    October 4, 2024

    The Crown Prosecution Service (CPS) offers pleas discussions with suspects from Entain as it gears up to make charging decisions by end of the year

  • Playtech upgrades guidance as B2B business grows amid Snaitech sale

    September 30, 2024

    Gambling software firm Playtech has upgraded its guidance due to growth in its business-to-business arm grows, and said it will deliver €1.7bn (£1.42bn) to shareholders via the sale of Snaitech. Adjusted earning before interest, tax, depreciation and amortization (EBITDA) in the six months ended 30 June rose 11 per cent to €243m (£202m), driven by [...]

  • Premier League fantasy football partner Sorare charged by Gambling Commission

    September 26, 2024

    Cryptocurrency based fantasy football game Sorare, an official Premier League partner, has been ordered to appear in court next week on the charge of providing unlicensed gambling facilities to British consumers. The charges have been brought by the Gambling Commission, which first opened an investigation into Sorare in October 2021, and could lead to unlimited [...]

  • Playtech sells Italian arm to Flutter for £2bn

    September 17, 2024

     London-listed gambling tech provider Playtech has agreed to sell its Italian gaming arm Snaitech to Flutter Entertainment for €2.3bn (£1.9bn). Playtech first confirmed discussions with Flutter, the owner of Paddy Power and Betfair, in August. The deal values Snaitech at a significant premium to Playtech’s market capitalisation as of 13 August, the last date before negotiations [...]

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