It’s official: the U.S. Election betting market on the most popular betting exchange has breached the £100 million mark. There’s still eleven days to go until the polls officially open for voting, but it looks likely that the battle for the White House between Donald Trump and Kamala Harris will break political betting records. And […]
Government
Gambling Commission Chiefs Vows to Fight Back Against Growing Black Market Threat
There’s a cause-and-effect relationship in the gambling industry that is making many sector stakeholders increasingly nervous: the more you make licensed betting unfavourable, the more likely it is that punters will seek out ‘black market’ bookmakers. And in an age of digital innovations like WhatsApp, it’s becoming easier and easier for unlicensed ‘bookies’ to build […]
Are Labour Plotting a £3 Billion Tax Hike on UK Gambling Firms?
The new Labour government has already taken some bold steps early on in their time in office, and reports suggest they are plotting more controversial steps ahead of their autumn Budget. According to the chancellor, Rachel Reeves, the UK economy has a £22 billion ‘black hole’ that it needs to shore up in a bid […]
Punters and Horse Racing on Red Alert as Ireland’s Gambling Regulation Bill Nears Approval
As a sport, horse racing owes a tremendous debt of gratitude to the investment and interest in it from across the Irish Sea. However, that relationship could become increasingly strained due to Ireland’s controversial Gambling Regulation Bill. In an update to previous legislation, politicians in the country are aiming to ban gambling adverts on TV […]
Labour Party MPs Receive £1 Million of ‘Freebies’ from the Gambling Sector
Any political party that wants to attain the respect of its electorate needs to operate in a way that is commensurate with that objective. So accepting millions of pounds in free gifts, VIP event tickets and hospitality perks is hardly a sensible way to go about your first few months in office. But that’s exactly […]