A crackdown on fixed odds betting terminals (FOBTs) on the UK’s high streets could cost companies like Ladbrokes Coral almost £450 million according to Barclays.

Ladbrokes to lose £450 in FOBT move.

Ladbrokes could lose nearly £450 million in annual sales if the government limits FOBT bets to £2. (Image: flickr/Ian Sutton)

With gambling opponents continuing to push the government to reduce the maximum wager on FOBTs across the UK, analysts at Barclays Capital have looked into the financial impact of such a move.

Taking the current betting limit of £100 and combining it with annual revenue figures from various high street bookmakers, the analysts concluded that … Read more

British horseracing is causing a stir in more ways than one this week after two different bets led to two very different outcomes.

Kerry McKay loses £10,000.

Kerry McKay has missed out on a £10,000 payout despite making all the right moves at the recent Cheltenham Festival. (Image: Sunday Mail)

When Kerry McKay played the Pick 7 game on Sky Bet, she never expected her horses to win at Cheltenham Festival and net her £10,000.

However, despite banking a hefty sum of money, the 25-year-old’s dreams quickly turned to a nightmare after Sky Bet refused to pay the money into her account.

A month … Read more

The UK Gambling Commission (UKGC) has issued a stark warning to operators that they need to improve or face a backlash from customers who believe they aren’t offering a fair service.

The Last Samuri Grand National.

Can The Last Samuri make history at this year’s Grand National and equal a 43-year-old record set by Red Rum. (Image: metro.co.uk/Getty)

As part of the UKGC’s continued efforts to improve standards across the industry it has conducted a review of the complaints procedures offered by operators.

The Complaints Processes in the Gambling Industry report, which was published on March 30, found that the information about dispute resolution is … Read more

Anthony Gardner, formerly of Tottenham Hotspur, Crystal Palace and Sheffield Wednesday, scored his first poker win recently inside Nottingham’s Dusk Till Dawn.

Anthony Gardner wins at Dusk Till Dawn.

Ex-footballer Anthony Gardner scores his first win at the felt after winning Dusk Till Dawn’s £100,000 guarantee. (Image: telegraph.co.uk/ Getty Images)

The former professional footballer, who made a single appearance for England, has become an avid poker player since retiring from football in 2014.

Although his Hendon Mob record stretches back to 2012, Gardner has stepped up his game over the last three years.

As his Twitter timeline shows, Gardner is now winning online satellites to events like … Read more

Islam Uddin from London has been jailed for 10 years after being found guilty of robbing a string of betting shops using a Nerf Gun.

Islam Uddin Nerf Gun robberies.

Islam Uddin has been jailed for ten years after pleading guilty to a spate of betting shop robberies using a Nerf Gun like the one pictured. (Image: uk.pinterest.com)

Despite sounding like something out of a movie, the spate of incidents left a number of cashiers at properties owned by Paddy Power and Betfred with lasting mental scares.

According to police reports, 32-year-old Uddin originally burst into Paddy Power in Camden Town on February 28, 2016.… Read more

UK horse racing has produced another big money winner after a punter from North London placed a £2 stake with Ladbrokes on March 3.

Man wins £457k horse racing jackpot.

A mystery punter from North London wins a six-figure sum after a six-fold accumulator came in. (Image: mirror.co.uk/AFP)

Despite wishing to remain anonymous, the retired account from London has made the betting headlines this week after a £2 stake banked him a pension-boosting £457,067.52.

Speaking to The Mirror, the mystery man explained how he’d placed £2 worth of £0.10 accumulators on seven races at Lingfield, Doncaster and Newbury.

Early Loss Results in Impressive Late Win

In … Read more

Almost 50 percent of Brits gamble according to a recent report by the UK Gambling Commission (UKGC).

UK Gambling Commission study.

Almost half of the UK likes to gamble according to a recent study by the UK Gambling Commission. (theguardian.com/Alex Segre/Rex Features)

Analysing industry spending habits in 2016, the UKGC found that the number of people who said they’d gambling in the last four weeks was up by 3 percent compared to 2015.

Moreover, the number of men who now said they gambled was 53 percent, while 44 percent of women surveyed said they’ve made at least one bet within the 12 month period.… Read more

Wayne Shaw, the larger than life Sutton United goalkeeper, may have bitten off more than he can chew after he tucked into a pie during his side’s FA Cup tie against Arsenal.

Wayne Shaw eating pie bet.

Sutton United’s Wayne Shaw takes a bite out of Sun Bets’ profits after eating a pie during his team’s FA Cup clash against Arsenal. (Image: surreycomet.co.uk)

Leading up to the FA Cup fifth round match, Sutton reserve keeper Shaw hit the headlines for his less than athletic appearance. Weighing more than the average footballer, Shaw admitted that he was a fan of pies.

Naturally, with the Sutton vs. … Read more

William Hill could be put up for sale later this year if its biggest shareholder, Parvus Asset Management, get its way.

Parvus Asset Management wants to sell William Hill.

William Hill could be put up for sale in 2017 following a drop in share price and a push from Parvus Asset Management. (Image: BBC.co.uk/Press Association)

Despite a series of acquisitions and mergers taking place around it, William Hill has resisted the urge to partner up with another iGaming operator in 2016.

Almost an act of defiance against the current movement of the market, William Hill appears to have taken the opinion that it should be the main player … Read more

Two British video gamers have been prosecuted by the UK Gambling Commission (UKGC) after an investigation showed they accepted illegal payments through the popular game FIFA 17.

Craig Douglas FIFA betting.

YouTuber and pro gamer Craig Douglas has been fined £91,000 by the UKGC for accepting illegal FIFA 17 bets. (YouTube/NepentheZ)

Craig Douglas and Dylan Rigby are two of the UK’s most popular gamers with more than 1.3 million YouTube subscribers tuning in to watch their videos.

However, as well as being professional gamers, the pair also ran a site called FUT Galaxy, which allowed FIFA players to use in-game credits to bet on … Read more