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3 min read
885
885
Two UK Bookmakers Surrender Licences After Gambling Commission Suspensions
BresBet and Bet St George surrendered their Great Britain licences after suspensions over suspected social responsibility and anti-money-laundering failures.
3 min read
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865
Playtech’s US Growth Meets Britain’s 40% Gaming Duty Test
Playtech’s earnings jumped 77%, but UK revenue fell 8% after Britain doubled its Remote Gaming Duty rate.
4 min read
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811
Brightstar Extends Debt Maturities as New Notes Raise Annual Interest Costs
Brightstar priced €500 million of 2032 notes at a higher coupon while carrying $3.8 billion in net debt after its Italian licence payment.
4 min read
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946
Bet365 Job Cuts Put Britain’s Gambling Tax Strategy Under Pressure
Bet365 plans to cut about 340 roles across three locations, intensifying scrutiny of Britain’s higher gambling duties and their effect on jobs.
3 min read
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1155
Ruth Evans Named New Gambling Commission Chair as Regulatory Pressure Builds
Ruth Evans will lead the Gambling Commission from 30 September, with illegal gambling and consumer protection among her key challenges.
3 min read
846
846
Bally’s UK Growth Meets 40% Gaming Duty as evoke Deal Awaits Approval
Bally’s UK expansion is growing, but a sharp tax increase and the pending evoke deal are testing its path to sustainable earnings.
3 min read
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1039
Bally’s Intralot debt rises as evoke takeover faces higher UK gambling costs
Bally’s Intralot reported €1.61 billion in net debt as its evoke takeover advances amid sharply higher UK gambling duties.
3 min read
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725
Buzz Bingo sales rise 11%, but £65m loss reveals Britain’s margin squeeze
Buzz Bingo grew revenue to £241.4m, but rising labour, tax and finance costs drove its pre-tax loss to about £65m.
4 min read
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655
Great Britain’s Planned Gambling Fee Hike Fuels a New Compliance Software Market
LiSense launched licence-monitoring software as higher Gambling Commission fees and ongoing third-party checks raise compliance demands across Great Britain.
3 min read
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652
BetMakers Earnings Rebound Raises Questions Over UK Racing Tech Deal
BetMakers’ earnings surged as Tabcorp’s proposed acquisition remained pending, putting the supplier’s UK racing technology ties under closer scrutiny.
4 min read
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849
Entain’s FTSE 100 Exit Exposes the Growing Cost of Britain’s Gambling Taxes
Entain’s proposed FTSE 100 exit highlights how higher gambling duties are squeezing earnings despite strong UK revenue growth.
3 min read
695
695
Bally’s Intralot takes €34 million UK tax hit despite record online growth
Bally’s Intralot reported €544.2 million in first-half revenue, but higher UK gaming duty cut second-quarter adjusted EBITDA by €34 million.
4 min read
873
873
GiG Raises €8.5 Million as Weak Results Test 888AFRICA Acquisition
GiG raised €8.5 million for its proposed 888AFRICA acquisition after first-half revenue, profits and cash reserves declined.
4 min read
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1060
Entain’s FTSE 100 Exit Risk Puts Britain’s Gambling Tax Rise in Focus
Entain could leave the FTSE 100 after its shares fell, intensifying scrutiny of higher UK gambling taxes and its recovery plan.
4 min read
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907
MPs Challenge Allwyn UK Chief’s Appointment Over Gambling Industry Record
MPs want the Gambling Commission to examine Phil Walker’s appointment before he takes charge of Allwyn UK and its National Lottery responsibilities.
2 min read
1189
1189
Gambling Commission suspends two UK betting licences over suspected compliance failures
The Gambling Commission suspended BresBet and Bet St George licences while reviewing suspected anti-money laundering and social responsibility failures.