Tyson Fury Refuses to Endorse Betting Brands Ahead of Wilder Fight

Tyson Fury has spurned the advances of all betting brands as he prepares for his WBC heavyweight title fight against Deontay Wilder.

Ahead of the December 1 showdown against the American champion, Fury told IFL TV that he didn’t want to endorse something that could harm people. Having suffered from mental health issues himself, the British boxer told presenter Kugan Cassius that he wants to use his position to promote positive thinking.

Fury Wants People to be Happy

Although he declined to address the topic or company directly, a previous interview with Fury’s trainer Ben Davison revealed that a close … Read more

UK Gaming and Betting Brands Spend £1.1 Billion on Online Advertising

UK gaming and betting companies now spend the majority of their marketing budgets in the online world according to a recent report by Regulus Partners.

Outlined in the Gambling Advertising and Marketing Spend in Great Britain 2014-17 report, operators spent £747 million on online adverts in 2017. As well as being almost 50 percent more than 2014’s £400 million total, the latest figure is £513 million more than the industry’s TV advertising expenditure.

Billion Pound Budgets

Breaking down the statistics, betting, casino, bingo and poker operators are responsible for the bulk of the industry’s online spending. Compared to the lottery’s … Read more

Bet365 Boss Denise Coates Nets £265 Million Payday

Bet365 CEO Denise Coates has reaffirmed her position as the top gaming CEO in the UK by receiving a £48 million annual pay rise.

After making the headlines in 2017 thanks to her £217 million payout, the Bet365 founder has seen her salary top £265 million this year. Outlining its 2017/2018 accounts, Bet365 noted Coates’ salary increased from £199 million to £220 million, while dividend payments of £25 million added to her latest pay packet.

Revenue Boost for Bet365

As well as reporting on Coates’ earnings, the financial summary offered an insight into Bet365’s annual performance.

According to a Companies … Read more

High Court Rejects Lottoland Appeal in Long-Running EuroMillions Conflict

Lottery betting site Lottoland has failed in its bid to overturn an amendment to the Gambling Act that prevents it from accepting EuroMillions bets.

After lodging an appeal with the High Court in February, Lottoland and Multi Lotto recently argued that banning bets on EuroMillions draws was beyond the remit of the UK Gambling Commission (UKGC).

At the heart of the case are changes made to the Gambling Act 2005 that make it illegal for third-party operators to offer markets on certain offshore lotteries.

UK Forces Block European Activity

Amending the law, the UKGC made it illegal for lottery betting … Read more

New National Lottery Rules Make it Easier to Win £1 Million

The National Lottery has implemented a new set of rules, making it easier for players to win prizes topping £1 million.

Going live on November 19, the revised payout structure is designed to increase payouts for fewer matches and, in turn, counteract the recent slump in ticket sales.

Under the new system, players will have to match five numbers and the bonus ball, instead of six numbers, to win a guaranteed £1 million.

Fewer Matches Means Bigger Prizes

In addition to upping the prize for five numbers plus the bonus ball, the National Lottery will offer the improved payouts for … Read more

GVC Holdings Wins as Theresa May Brings Forward FOBT Deadline

The deadline reducing the maximum bet on fixed odds betting terminals (FOBTs) will now take place earlier than expected, something that will benefit GVC Holdings but hurt other operators.

Following pressure from Conservative party members, backbenchers and opposing MPs, Prime Minster Theresa May has been forced to backtrack on the recent FOBT decision. As part of the 2019 budget, Chancellor Philip Hammond said the maximum FOBT stakes would be cut from £100 to £2 in October.

May Performs U-Turn

However, following backlash from MPs across Westminster, May has confirmed that the changes will now take place in April 2019 as … Read more

Daniel Sturridge Facing Red Card for Alleged Betting Foul

Liverpool striker Daniel Sturridge is at the centre of Football Association (FA) investigation after suspicions were raised about his January transfer movements.

According to information given to The Telegraph, the footballer is under the spotlight for “allegedly passing on gambling information” to a member of the public. Ahead of his loan move to West Brom, an unnamed punter placed a large bet on Sturridge making his way to Inter Milan.

Unusual Bet Sparks Investigation

Described as someone from a “modest background,” the size of the wager was enough to raise alarm bells and prompt an investigation into what motivated the … Read more

MPs Line Up to Vote Down Philip Hammond’s FOBT Changes

Fixed odds betting terminals (FOBTs) are threatening to split the government as Tory members line up to vote against Philip Hammond’s recent budget announcement.

In the wake of Tracey Crouch resigning as Minister for Sport and Civil Society, Westminster insiders have said that there are more than 20 MPs ready to take action against FOBTs.

As part of the parliamentary process, Hammond’s 2019 budget will have to pass a vote before the new levies, rates and taxes come into effect.

According to political publication The Spectator, Conservative MPs, including Jacob Rees-Mogg, have signed a Commons amendment calling for the FOBT … Read more

Scout Gaming to Diversify UK Gaming with Daily Fantasy Sports Licence

Scout Gaming has been granted a B2B licence by the UK Gambling Commission (UKGC), a move that will give British punters access to more fantasy sports (DFS) sites in the coming months.

Announced on November 6, the approval goes alongside the gaming operator’s existing B2C licence and will dramatically increase its footprint within another regulated market. In real terms, Scout Gaming can offer its DFS services across its 12 partners, including those already active in the UK.

DFS Demographics are Different

Commenting on the news, Scout Gaming CEO Andreas Ternström said the deal was not only a positive for his … Read more

LeoVegas Sees Third-Quarter Growth but CEO Wants More

LeoVegas is on course to meet its two-year financial targets despite recent regulatory unrest within the UK and European gaming industry.

Publishing its latest quarterly report on November 7, LeoVegas noted a revenue increase of 41 percent to £68.6 million. Delving further into the data for the period between July 1 and September 30, net gaming revenue from regulated markets now stands at 35.5 percent, while organic growth improved by 14 percent.

UK Opens Up New Potential

The number of depositing customers also grew year-on-year from 202,890 to 318,189. The growth was fuelled, in part, by an increased presence in … Read more