888 runs out of luck: Revenues drop as betting giant completes William Hill acquisition August 12, 2022 888’s revenue and profit fell in the second quarter as it completed the acquisition of betting company William Hill. The betting and gaming company suffered a 13 per cent revenue decline to £332.1m from £380.9m in the first quarter of last year. Stricter gambling laws in the UK and the closure of the Netherlands led [...]
Gambling sponsors back on the up in sport despite continued threat of a ban, study finds August 4, 2022 Gambling sponsorship in English sport is back on the rise despite the threat of a potential ban, according to a new study. The number of betting companies with front-of-shirt sponsorship deals at leading clubs appeared to be in terminal decline just a year ago, having plummeted 48 per cent from 2019 to 2021. Premier League [...]
Turmoil at No 10 signals further delays for gambling review July 7, 2022 The upcoming gambling white paper appears to be put on hold once again, as Boris Johnson’s impending resignation dominates the political agenda and DCMS Minister for Tech and Digital Minister Chris Philp steps down. In the latter’s resignation letter this morning, he said that the Gambling Review is currently “with No 10 at the moment [...]
Premier League said to have asked clubs to back ban on gambling to avoid regulation July 5, 2022 Premier League clubs have been asked to back a voluntary ban on shirt sponsorships relating to gambling companies as the English football’s top flight looks to avoid legislation that could be part of a gambling White Paper due in the coming weeks. According to Sky Sports, clubs were contacted yesterday by their governing body with [...]
William Hill top execs step down as 888 completes takeover July 1, 2022 William Hill top executives will step down as 888 completes its acquisition of the gambling powerhouse.
Camelot’s National Lottery damages claim could drain £600m out of good causes says Gambling Commission June 30, 2022 Gambling Commission Chair Andrew Rhodes has admitted that damages for the National Lottery competition process may come from good causes, potentially sucking £600m from sports and arts funding. It comes after the High Court found in favour of the gambling regulator after the Camelot chief executive Sir Nigel Railton launched legal action claiming the body had [...]
Gambling reform: Free bets ban could push a third of Brits to the black market June 28, 2022 A ban on ‘free bets’ would push almost a third of punters to the black market while sucking millions out of horse racing, new data released today shows.
Outgoing lottery operator Camelot faced with falling ticket sales and Brits ‘tightening their belts’ June 28, 2022 Falling sales of tickets and instant win games amid signs that players had “tightened their belts” in the face of soaring costs are hitting outgoing UK National Lottery operator Camelot hard. Camelot, which recently launched legal action against the Gambling Commission after losing the lottery’s next licence to rival Allwyn, saw sales drop 3 per [...]
