Business

Betfred founder Fred Done has warned that he would be forced to close ALL of his high street betting shops if the chancellor, Rachel Reeves, hikes gambling tax in next month’s autumn budget. That would amount to as many as 1,287 closures, with around 7,500 jobs at risk. Done labelled the prospect of a tax […]

Gambling giant Entain has posted encouraging results for the first half of 2025… although the success hasn’t been reflected in their share price. The Ladbrokes, Coral and BetMGM owner recorded net gaming revenue – that’s the amount taken in bets minus winnings paid out – of £2.6 billion in the UK alone for the period, […]

The Rank Group have confirmed that they will be adding sports betting terminals to their UK casinos from September following an overhaul of land-based gambling law. The UK parliament enshrined new legislation in July that allowed casinos and gambling establishments to make a raft of upgrades to their venues, which include an increase in the […]

Gambling giant Flutter Entertainment has taken unprecedented action in the American state of Illinois after regulators instigated significant tax hikes. Now, punters in the Prairie State will have to pay a $0.50 surcharge on every bet they place… even if the amount staked is less than $0.50. It’s raised fears that Flutter, who operate Paddy […]

Despite facing regulatory and economic pressures, the UK gambling industry experienced healthy growth in the first quarter of the year. According to data published by the UK Gambling Commission, the sector enjoyed a 7% uptick in activity from January through to March compared to the same period in 2024 – taking total revenue for the […]