Turmoil at No 10 signals further delays for gambling review July 7, 2022 The upcoming gambling white paper appears to be put on hold once again, as Boris Johnson’s impending resignation dominates the political agenda and DCMS Minister for Tech and Digital Minister Chris Philp steps down. In the latter’s resignation letter this morning, he said that the Gambling Review is currently “with No 10 at the moment [...]
Premier League said to have asked clubs to back ban on gambling to avoid regulation July 5, 2022 Premier League clubs have been asked to back a voluntary ban on shirt sponsorships relating to gambling companies as the English football’s top flight looks to avoid legislation that could be part of a gambling White Paper due in the coming weeks. According to Sky Sports, clubs were contacted yesterday by their governing body with [...]
William Hill top execs step down as 888 completes takeover July 1, 2022 William Hill top executives will step down as 888 completes its acquisition of the gambling powerhouse.
Camelot’s National Lottery damages claim could drain £600m out of good causes says Gambling Commission June 30, 2022 Gambling Commission Chair Andrew Rhodes has admitted that damages for the National Lottery competition process may come from good causes, potentially sucking £600m from sports and arts funding. It comes after the High Court found in favour of the gambling regulator after the Camelot chief executive Sir Nigel Railton launched legal action claiming the body had [...]
Nervous gambling sector holds its breath as govt moves towards maximum casino stakes and ban on free bets and VIP packages June 29, 2022 The Prime Minister is set to announce restrictions on the industry as part of the review of the 2005 Gambling Act amid concerns current regulations require changes to accommodate the growth of online betting. The Government confirmed it will publish a White Paper into gambling reform in coming weeks. The Times reported proposals to prohibit [...]
Gambling reform: Free bets ban could push a third of Brits to the black market June 28, 2022 A ban on ‘free bets’ would push almost a third of punters to the black market while sucking millions out of horse racing, new data released today shows.
Outgoing lottery operator Camelot faced with falling ticket sales and Brits ‘tightening their belts’ June 28, 2022 Falling sales of tickets and instant win games amid signs that players had “tightened their belts” in the face of soaring costs are hitting outgoing UK National Lottery operator Camelot hard. Camelot, which recently launched legal action against the Gambling Commission after losing the lottery’s next licence to rival Allwyn, saw sales drop 3 per [...]
Rank Group warns over profits for second time in three months as people stay away from casinos June 20, 2022 Gambling giant Rank Group has warned investors profits will be hit following a "considerably weaker-than-expected" recovery from the pandemic.
Betting on levelling up: Gambling industry set to create 15,000 UK tech jobs in next five years June 6, 2022 Britain’s regulated betting and gaming industry will generate 15,000 tech jobs in the next five years, as the industry faces the prospect of government crackdowns.
Just Eat’s Grubhub sale goes sour as tech shares continue to slip May 29, 2022 Just Eat's sale of Grubhub may be scuppered as brutal market movements wipe £5bn off its valuation and bosses prepare for a major writedown.