EU Green Lights New UK Horseracing Betting Levy

The UK horseracing industry changed for good on April 25, 2017, after the European Commission endorsed the government’s proposed 10 percent levy.

Back in January 2017, Sports Minister Tracey Crouch MP announced the government’s long awaited funding plan for the UK horseracing industry.

After reviewing the old system through which offshore operators weren’t required to contribute to the industry, the government decided to shake things up.

Months of planning, discussions and disputes with betting operators ensued before a final proposal was submitted to the European Commission for approval in late 2016.

That approval was finally granted in mid-April this year … Read more

£2 Fixed Odds Betting Terminals Could Cost Ladbrokes Coral £450 Million

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.

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 Ladbrokes Coral would be the hardest hit.

Limits Would Cost Every Industry player

According to Barclays’ figures, reducing the maximum … Read more

IP Issues Mean British Horseracing Punter Loses Out On £10,000

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

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 after scooping her unexpected win, McKay told Scottish newspaper The Daily Record that she’s been denied the £10,000 because Sky Bet claims she … Read more

Customer Confidence in at a 10 Year Low Says UK Gambling Commission

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.

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 lacking across the board.

UKGC Wants Operators to Do More For Customers

Back in March 2016, the UKGC launched the alternative dispute … Read more

Ex-Spurs Defender Anthony Gardner Wins Dusk Till Dawn’s £100K GTD

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

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 PokerStars Caribbean Adventure while taking part in local events such as the Genting Poker Series.

With his confidence starting to grow, … Read more

Islam Uddin Jailed for Holding Up Betting Shops with Nerf Gun

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.

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.

Uddin on a Rampage with Nerf Gun

Concealing the toy gun under a black bin bag, Uddin demanded the tills to be opened before escaping with an unreported … Read more

Mystery Man Banks £457,000+ from £2 Horse Racing Bet

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

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 spite of his initial optimism, the man quickly lost interest in his bet after checking on his tablet … Read more

UKGC Survey Shows Almost 50 Percent of Brits Gamble

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

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.

Gambling is on the Up in the UK

Although these figures drop when the National Lottery is excluded (e.g. the number … Read more

Pie Eating Bet Lands Sutton United’s Wayne Shaw in Hot Water

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.

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. Arsenal match being the standout match of the fifth round, one UK bookmaker decided to capitalise on the opportunity with a novelty bet. On top of … Read more

William Hill Could be Sold While Lottery Winner Tries to Sue Camelot

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

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 in any deal that goes down.

Evidence of this came to light in the summer of 2016 when talks of a deal between the Rank Group, … Read more