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UK Betting Firms Reveal 11% Profit Gains Amid Gambling Harms Action Lab Launch

8th November 2024 By Graham

UK Betting Firms Reveal 11% Profit Gains Amid Gambling Harms Action Lab Launch

The latest industry data, captured by the UK Gambling Commission, reveals that betting firms enjoyed an 11% increase in their gross gambling yield in the second quarter of 2024. The numbers, collated from the second quarter of the financial year (July to September), show that sports betting yield rose by 6% – despite the number […]

Filed Under: Business

Sky Bet Brings the Curtain Down on RequestABet After Almost Ten Years

5th November 2024 By Graham

Sky Bet Brings the Curtain Down on RequestABet After Almost Ten Years

Sky Bet is the first UK facing bookmaker to end its RequestABet service. First launched almost a decade ago, the #RequestABet option allowed betting sites to tap into the burgeoning world of social media – allowing punters to ask for odds on multiples that otherwise weren’t available on their site/app. But the advent of the […]

Filed Under: Business

Ready for Take Off: EasyJet Makes Surprise Move Into Sports Betting

30th October 2024 By Graham

Ready for Take Off: EasyJet Makes Surprise Move Into Sports Betting

You might have booked a holiday with them, or at the very least sat on board one of their flights. But now, you can place your bets with the company behind the EasyJet aviation company. Stelios Haji-Ioannou, the billionaire entrepreneur, is famed for his ‘Easy’ stable of brands. And now he has another: EasyBet. Taking […]

Filed Under: Business

DraftKings Announces Immediate Exit from UK Market in Major Overhaul

8th October 2024 By Graham

DraftKings Announces Immediate Exit from UK Market in Major Overhaul

Although they had yet to launch their sports betting platform in the UK, DraftKings still has plenty of customers on these shores that enter their daily fantasy sports contests. But no more: the American firm has revealed that they are exiting the UK market with immediate effect. And that likely puts to bed the rumours […]

Filed Under: Business

Flutter Snaps Up Playtech Subsidiary Snaitech in £2 Billion Acquisition

17th September 2024 By Graham

Flutter Snaps Up Playtech Subsidiary Snaitech in £2 Billion Acquisition

Flutter Entertainment has made moves to strengthen its European position by acquiring Playtech subsidiary Snaitech in a £2 billion acquisition. Flutter, whose firms include Paddy Power, Betfair and Tombola, has struck an agreement with Playtech over their consumer-facing operator that will see Snaitech added to their already-sturdy interests in the sector. It will give Flutter […]

Filed Under: Business

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Latest Bookmaker News

  • Gross Gambling Yield Was Up In 2025/26 – But Betting Shop Numbers Dwindled Once Again
  • Fred Done Predicts the Death of the High Street Betting Shop By 2030
  • House of Lords Calls for ‘Comprehensive’ Ban on All Forms of Gambling Advertising
  • Entain Confirms 400 Job Cuts – Bringing the Total to 2,500 Jobs Lost Since the Gambling Tax Hike
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