William Hill could close 200 betting shops as gambling industry faces mounting tax pressure Business William Hill is eyeing shutting 200 of its UK betting shops as parent company Evoke looks to steady its heavily indebted balance sheet ahead of a potential tax raid in next month’s budget. The move comes as the Gambling Commission and Treasury consider tougher rules and levies for the gambling sector, which has already been [...]
Ladbrokes and Coral owner files copyright claim against matched betting rival firms Legal Entain, the owner of Ladbrokes and Coral, has filed an intellectual property lawsuit against two of the largest matched betting companies, OddsMonkey and Outplayed. The claim, filed with the English High Court by law firm Wiggin, alleges unauthorised use of its brand logos and copyrighted materials, with Entain describing the matched betting business model as [...]
Fraud prevention firm SEON raises $80m amid growing compliance demands Tech SEON, an AI-driven fraud prevention and compliance platform, has closed an $80m (£58.7m) Series C funding round led by Sixth Street Growth, bringing total investment to $187m. The company, based in Budapest and Austin, analyses tens of millions of customer interactions daily for clients including Revolut, Plaid, Spotify, Afterpay, and Entain. Its platform, delivered via [...]
CPS charges former Entain execs over alleged bribery August 28, 2025 The Crown Prosecution Service (CPS) has charged 11 individuals, including five former Entain executives, with several offences, including bribery and conspiracy to defraud, in connection with its investigation into the company’s former Turkish business. Commenting in a press statement, CPS’s chief crown prosecutor, Hannah von Dadelsze, confirmed that it was authorised to prosecute 11 individuals [...]
Entain: US Open set to be most bet-on grand slam ever August 24, 2025 Betting on tennis is soaring with the US Open at Flushing Meadows set to be the most bet-on grand slam in history. Ladbrokes, Coral and BetMGM owner Entain is forecasting the coming major, which begins in New York later today, to smash betting records across tennis. The racket sport has climbed into the top two [...]
Entain cashes in as BetMGM partnership pays off August 12, 2025 Gambling giant Entain has posted first-half year results ahead of expectations, driven by a strong recovery in its online division and an accelerating performance from its US joint venture, BetMGM. The FTSE 100 operator behind brands like Ladbrokes and Coral reported its total Group Net Gaming Revenue (NGR), including its 50 per cent share of [...]
Meet the 60-year-old jockey riding at Glorious Goodwood July 31, 2025 At the age of 60, Entain’s chief marketing officer Charlotte Emery is making a high-profile horse racing debut today at Glorious Goodwood. She has spent the last few months preparing for the race, all while recovering from a serious injury she suffered late last year. Charlotte is the oldest rider in the Magnolia Cup, Goodwood’s [...]
FTSE 100 shrugs off Israel-Iran strikes June 16, 2025 The FTSE 100 was unmoved by simmering tensions in Israel and Iran, despite reports that the UK was scrambling to send fighter jets, and conflict in the Middle East was on the brink of a significant escalation with US involvement. The UK’s leading index was up 0.2 per cent after the first hour of trading, [...]
Entain: US investment giants hit Ladbrokes owner with lawsuit May 13, 2025 Gambling giant Entain has been hit with new legal action by a number of investment trusts
Global jockey league: Dettori among stars set for $15m competition May 5, 2025 Frankie Dettori, Ryan Moore and William Buick are among a dozen elite riders who have signed up to compete in a global jockey league that its backers believe will revolutionise horse racing. Australian James McDonald, Brazilian Joao Moreira and French jockeys Christophe Lemaire and Mickael Barzalona have also committed to the competition, which could start [...]