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.
Stick or twist: Ministers prepare to water down upcoming gambling review May 29, 2022 As the review for gambling legislation beckons, it is understood that ministers are rethinking what the industry has called "draconian" measures.
Over half of punters push back against government imposed gambling limits May 23, 2022 New data has revealed nearly two thirds of punters (65 per cent) believe there is a large or substantial risk that setting limits on the amount of money spent on betting would drive more people to the unsafe, unregulated black market online.
Lucky hand: 888 to complete William Hill takeover by end of June following shareholder approval May 16, 2022 Gambling giant 888 is expected to complete its takeover of William Hill sometime “on or around” 30 June following a successful shareholders seal of approval.
‘That’s how it should be’: UK gambling chief pushes back against lobbying criticisms ahead of industry white paper May 8, 2022 UK gambling chief has pushed back against criticism that betting giants have lobbied with government over the upcoming white paper.
Paul Merson: Football should do more to stop lives being ruined by gambling addiction May 3, 2022 Former footballer and reformed addict Paul Merson believes the sport should do more to stop players falling prey to gambling problems. Merson also battled alcohol and drugs during a career that nevertheless gleaned league titles, European trophies and playing at World Cups for England. The ex-Arsenal forward, 54, was driven to the brink of suicide [...]
Calls for mandatory levy resurface as industry clamps down on gambling harms and cost of living crunch April 27, 2022 GambleAware has called for a mandatory one per cent levy on post winning earnings from gambling operators as the government heads for industry reform.
Home run: FanDuel pens partnership with New York Yankees as Flutter continues stateside domination April 26, 2022 Flutter owned FanDuel has agreed a new multi-year partnership with the New York Yankees as it continues its stateside domination.
Mecca owner Rank slashes estimates as punters dodge bingo halls and casinos April 21, 2022 Mecca owner Rank issued a warning on profits this morning after the firm struggled to hit the jackpot with its pandemic recovery. Following softer than expected trading and increased costs pressures, the company lowered trading expectations by roughly 15 per cent, estimating earnings of around £47m to £55m for the year. It comes after the [...]
888’s UK user dip cuts into revenue as player restrictions sink in April 20, 2022 Gambling giant 888 posted humble growth this morning, with group revenue up one per cent to $224m (£172m) for the first quarter.