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....”. It also emerged that Greg Knight, the managing director of the UK’s largest independent bookmaker, Jennings Racing, warned 500 staff their jobs were at risk the day before voters went to the polls. ... [Read full article on Guardian ]
Monday 12th of June 2017 04:05:44 PM
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.... A recent study by Landman Economics concluded that FOBTs are actually a drain on the economy, even when their tax contribution is taken into account. (Although it should be said that the report was commissioned by an anti-FOBT group, the Campaign for Fairer Gambling, which bookmakers say has links to the casino industry. ... [Read full article on Guardian ]
Sunday 28th of May 2017 06:00:02 AM
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.... Bosses at the privately-owned Storm Technologies and Jennings Racing, authors of two versions of “vote Conservative” dispatches, ought to know better. The latter is a bookmaker and should have remembered the admirable stance adopted by the Ladbrokes boss Jim Mullen in 2015. ... [Read full article on Guardian ]
Monday 12th of June 2017 06:14:50 PM
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Latest Finance News related to Bookmaker

Bosses are right: political uncertainty will damage the economy | Nils Pratley image
.... Bosses at the privately-owned Storm Technologies and Jennings Racing, authors of two versions of “vote Conservative” dispatches, ought to know better. The latter is a bookmaker and should have remembered the admirable stance adopted by the Ladbrokes boss Jim Mullen in 2015. ...
Bosses under fire for telling staff to vote Tory or risk losing jobs image
Source : Guardian [Read Article] Monday 12th of June 2017 04:05:44 PM
....”. It also emerged that Greg Knight, the managing director of the UK’s largest independent bookmaker, Jennings Racing, warned 500 staff their jobs were at risk the day before voters went to the polls. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
.... The Conservative manifesto did not address the issue and the government has so far resisted calls for stake reduction, pending a review due to be published this summer. The data also shows a greater concentration of betting shops in areas with higher rates of poverty, fuelling existing concerns that bookmakers are “clustering” their shops in deprived areas. ...
Ford faces lots of bumps in the road to a world of driverless cars image
Source : Guardian [Read Article] Sunday 28th of May 2017 06:00:02 AM
.... A recent study by Landman Economics concluded that FOBTs are actually a drain on the economy, even when their tax contribution is taken into account. (Although it should be said that the report was commissioned by an anti-FOBT group, the Campaign for Fairer Gambling, which bookmakers say has links to the casino industry. ...
UK gamblers lose record £13.8bn as industry braces for FOBT crackdown image
....But the Campaign for Fairer Gambling said the machines were a net drain on the economy. “The bizarre experiment to allow high stakes, high speed roulette in betting shops is delivering huge profits for the bookmakers at the expense of an even greater cost to society and the economy,” said a spokesperson. ...
Online betting firm 888 investigated by watchdog image
Source : Guardian [Read Article] Monday 15th of May 2017 02:37:15 PM
....The commission signalled earlier this year it intends to come down harder than before on firms that breach rules designed to promote responsible gambling. Several other bookmakers have been hit with financial penalties in the past year. ...
FTSE 100 lifted by HSBC and Shell results image
Source : BBC [Read Article] Thursday 4th of May 2017 08:36:35 AM
....In the FTSE 250, shares in Ladbrokes Coral fell 4% after it reported a 2% drop in UK net revenues at its betting shops. The bookmaker said tougher trading on the High Street had led to a 7% fall in bets made over the counter, although this had been offset to some extent by an increase in revenues from machines in its shops. ...
MPs' report on FOBTs found to breach parliamentary standards image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:51:21 PM
....Breaches cited by the parliamentary commissioner for standards include a lack of transparency about free advice the group received from a public affairs firm employed by gambling companies that do not offer FOBTs. The verdict has been hailed as a victory by bookmakers, who derive more than half of their revenue from the machines and say cutting the maximum stake would cost jobs in the industry. ...
Jockey Club horse racing posts record annual turnover image
Source : BBC [Read Article] Wednesday 26th of April 2017 05:05:46 AM
....Boss Simon Bazalgette said UK racing can now "kick-on, matter to more people in this country, and ensure the sport has a healthy future at all levels". He also welcomed "reforms to racing's funding", namely the introduction earlier this week of a reformed version of the bookmakers' levy system. ...
A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
....I suspect the locals are shocked that a walk in Snowdonia should be associated with an election whose manifesto, the Daily Mail tells us, will herald “Theresa’s Cast-Iron Brexit Pledge”. I did not get where I am today forecasting the results of elections, and have never forgotten my failure, along with the economist Roger Bootle, to take advantage of the odds of 6-1 against the Conservatives being offered by bookmakers at Ascot the day before the 1992 election. ...
Bookies bet on record weekend of sport image
Source : BBC [Read Article] Friday 7th of April 2017 08:21:42 PM
. A bumper roster of sport including the Grand National, the Masters and Premier League games, is expected to produce a record weekend for bookmakers. ...
Bookmakers' software under scrutiny image
Source : BBC [Read Article] Wednesday 5th of April 2017 02:32:06 PM
.... . Brian Chappell, who runs the campaign website Justice for Punters, has had his accounts closed with online bookmakers after placing winning bets. ...
Gamblers 'lost more than £10,000' on fixed-odds betting terminals image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:49:55 PM
....90 – more than half the UK’s national average wage – in a marathon seven-and-a-half-hour sitting. Staff in bookmakers’ high street shops, which took £1. ...
Standup chancellor shuns sit-down with Tyrie image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
....” Their guesses will surely be on the money. Tuesday marks the start of national hunt’s Cheltenham festival – the most important week of the year for the bookmakers (and brewers). ...
FTSE 100 dragged lower as Paddy Power Betfair shares fall image
Source : BBC [Read Article] Tuesday 7th of March 2017 09:33:52 AM
. Shares in Paddy Power Betfair fell more than 5% despite the bookmaker reporting rising revenues and underlying profits. ...
William Hill's potential next CEO backs curbs on TV gambling adverts image
Source : Guardian [Read Article] Friday 24th of February 2017 05:53:03 PM
. The man tipped to lead the UK’s second-biggest bookmaker has broken ranks with the industry by offering support for a curb on TV gambling adverts. ...
RBS leads FTSE 100 lower as losses mount image
Source : BBC [Read Article] Friday 24th of February 2017 09:10:51 AM
....Shares in William Hill were up 2. 5% after the bookmaker reported a slight increase in annual pre-tax profits to £225. ...
Betting turf war is torpedoing efforts to help problem gamblers image
Source : Guardian [Read Article] Tuesday 21st of February 2017 07:00:02 AM
....The government is conducting a review of gaming machines that industry figures fear will lead to tighter curbs on betting machines and reduced profits. The review has seen amusement arcades and casinos go on the offensive against bookmakers by highlighting the addictive nature of FOBTs, which make up more than half of bookies’ revenues at about £1. ...
Booker Tesco deal has hedge funds in a funk image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
....It seems unlikely to soften that position this week – and few will shed any tears about that. Still, in an intriguing footnote, the companies funding this work include Bacta – the amusement arcades trade body – and Hippodrome Casino, both of which might want to nobble bookmakers. ...
Pokémon Go and no sign of stopping: Apple’s App Store sales boom image
Source : Guardian [Read Article] Saturday 28th of January 2017 03:59:04 PM
....”. Anderson, who has clients including KPMG, Network Rail and Standard Life, cites the example of bookmaker Ladbrokes, which has gone from 30% of digital revenues coming from mobile products to 80%. ...
Paddy Power Betfair takes £5m hit from Trump election win image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:30:32 PM
....Paddy Power Betfair blamed the unlikely pairing of Donald Trump and the Manchester United striker Zlatan Ibrahimovic as it cut its full-year profit forecast. The “unexpected US election outcome”, in which Trump triumphed over Hillary Clinton in November, cost the bookmaker £5m as it paid out to punters who backed him for the White House. ...
Bookmakers face losing their licence and huge fines over problem gambling image
....Gambling firms that fail to tackle problem gambling and money laundering face heftier fines and a higher risk of losing their operating licence under a tougher regime to be unveiled by the industry’s regulator. The Gambling Commission will lay out its new enforcement strategy this month, detailing how bookmakers, casinos and online gaming companies who are deemed to have breached regulations will be punished. ...
William Hill tells staff to shine torches through rival bookies' windows image
Source : Guardian [Read Article] Friday 13th of January 2017 06:12:54 PM
. William Hill has been accused of “appalling” behaviour after encouraging torch-waving staff to visit rival bookmakers and lure gamblers into its own shops with the promise of free bets. ...
William Hill profits hit by 'customer friendly' results image
Source : BBC [Read Article] Monday 9th of January 2017 08:20:03 AM
. UK bookmaker William Hill has said profits will be at the low end of forecasts following "unfavourable" football and horseracing results. ...
Gambling firms charmed MPs ahead of betting review in 2016 image
Source : Guardian [Read Article] Sunday 1st of January 2017 05:37:37 PM
....The increased scrutiny culminated in a government review of betting firms’ social responsibility, including controversial fixed-odds betting terminals (FOBTs), often dubbed the “crack cocaine” of gambling for their addictive nature. The parliamentary register of members’ interests, which details the value of gifts and donations received by politicians, reveals that major bookmakers and horse racing firms quadrupled their efforts to entertain MPs ahead of the review. ...
Observer business agenda’s review of the year image
Source : Guardian [Read Article] Sunday 1st of January 2017 09:00:02 AM
.... Something like 2016’s performance is required in 2017, therefore. When Leicester City won the Premier League in May – having started the season as a 5,000-1 shot – all the quoted bookmakers started whining that they had paid out £25m, which was dubbed “the biggest loss in British history on a single sporting market”. ...
Japan parliament legalises casinos image
Source : BBC [Read Article] Thursday 15th of December 2016 12:38:33 AM
....An opinion poll by public broadcaster NHK found 44% of those questioned opposed the plans, with just 12% supporting it and 34% of respondents undecided. Casinos are currently illegal in Japan, though gambling on horse, boat and bicycle races is allowed through government-backed bookmakers. ...
Gambling shares up on Japan casino vote image
Source : BBC [Read Article] Wednesday 14th of December 2016 01:04:38 AM
....Las Vegas Sands shares closed 3% higher, while Wynn Resorts and MGM Resorts both added 2%. Casinos are currently illegal in Japan, though gambling on horse, boat and bicycle races is allowed through government-backed bookmakers. ...
Courtside gambling ads dumped from Australian Open image
Source : BBC [Read Article] Friday 9th of December 2016 05:44:59 AM
. Controversial courtside ads for UK bookmaker William Hill have been dumped from next month's Australian Open tennis tournament. ...
MPs recommend clampdown on fixed-odds betting machines image
Source : BBC [Read Article] Thursday 8th of December 2016 01:04:05 PM
....Shares in William Hill fell more than 7% and Ladbrokes Coral shares fell more than 6% after the MPs' announcement. Fixed-odds betting terminals (FOBTs) are gambling machines, normally located on bookmakers' premises, where players can stake large amounts of money on games such as roulette. ...
Cut fixed-odds betting stakes to £2, MPs urge image
Source : Guardian [Read Article] Thursday 8th of December 2016 12:28:54 PM
. The amount gamblers can stake on controversial fixed-odds betting terminals (FOBTs) should be slashed and councils given powers to stop bookmakers “clustering” betting shops on high streets, an influential group of MPs has said. ...
Capita shares plunge after profit warning image
Source : BBC [Read Article] Thursday 8th of December 2016 09:18:21 AM
....Despite Capita's fall, the FTSE 100 index closed up 30 points at 6,932. In the FTSE 250, shares in bookmakers were hit after MPs recommended that the maximum amount gamblers can stake on fixed-odds betting machines should be cut from £100 to £2. ...
FTSE 100 bolstered by housebuilder Taylor Wimpey image
Source : BBC [Read Article] Monday 14th of November 2016 09:30:51 AM
....Shares in William Hill were up 1. 5% after the bookmaker gave an upbeat forecast for full-year profits as its online business improved. ...
Paddy Power faced with £4m bill after Republican's victory image
Source : Guardian [Read Article] Wednesday 9th of November 2016 05:50:17 PM
....They say the bookie always wins, but not on Tuesday night. Three weeks ago, bookmaker Paddy Power paid out £800,000 in winnings to punters who had backed Hillary Clinton to be the next US president, only now to be left with a bill for £4m to pay clients who had backed Donald Trump. ...
FTSE 100 falls on US election uncertainty image
Source : BBC [Read Article] Friday 4th of November 2016 08:49:51 AM
....Stock markets in France and Germany also closed in negative territory after polls showed that the Republican presidential nominee Donald Trump appeared to be closing the gap with Democrat Hillary Clinton. The bookmaker Paddy Power finished as the biggest gainer in the FTSE 100, up 4. ...
Australia gambling giants Tabcorp and Tatts plan merger image
Source : BBC [Read Article] Wednesday 19th of October 2016 12:41:38 AM
. Two of Australia's biggest bookmakers plan to merge, as they try to compete against the rise of online betting. ...
William Hill and Amaya abandon merger talks image
Source : BBC [Read Article] Tuesday 18th of October 2016 06:26:53 AM
. British bookmaker William Hill and Amaya, owner of the world's biggest online poker business, have ended talks of a possible £4. ...
Ladbrokes-Coral sells shops to Betfred and Stan James image
Source : BBC [Read Article] Monday 17th of October 2016 06:47:53 AM
...." . The two bookmakers said they would seek approval from the CMA to complete the merger once they sell one further shop. ...
Football Pools to be sold for nearly £100m image
Source : BBC [Read Article] Tuesday 13th of September 2016 07:20:38 AM
....The next step could see investors buy shares in the Football Pools, as Burlywood Capital plans to list a new company on London's Alternative Investment Market to buy the business. Burlywood, which is co-founded by Mark Blandford, who made millions from Sportingbet - once the world's largest online bookmaker - was one of several gambling firms to look at the pools. ...
Bets are off image
Source : BBC [Read Article] Monday 5th of September 2016 11:34:47 PM
.... . Ask any bookmaker, though, and they will tell you it is not a big event for them. ...
FTSE 100 dips but Easyjet higher on bid speculation image
Source : BBC [Read Article] Friday 19th of August 2016 08:10:31 AM
....In the FTSE 250, William Hill shares rose 5% after it raised its full-year profit outlook. The bookmaker said 2016's operating profits would be at the higher end of its previous guidance of £260m-£280m. ...
William Hill rejects revised offer from Rank and 888 image
Source : BBC [Read Article] Monday 15th of August 2016 07:08:23 AM
....The chief executive of 888, Itai Frieberger, said a combined business could "lead innovation in the sector", while Rank chief executive Henry Birch said the deal made "compelling strategic sense for all three businesses". The UK's second and third-largest retail bookmakers, Ladbrokes and Gala Coral, are currently proceeding with their £2. ...
Ladbrokes profits up strongly on 'bookie friendly' results image
Source : BBC [Read Article] Thursday 4th of August 2016 07:01:31 AM
....4m loss. The bookmaker says this strong performance is in part due to "sporting gods" being on its side. ...
Ladbrokes-Gala Coral must sell 350-400 shops to clear merger image
Source : BBC [Read Article] Tuesday 26th of July 2016 07:00:44 AM
....The Competition and Markets Authority identified 642 local areas where it said the merger would hit competition. Ladbrokes and Gala Coral are the UK's second and third largest retail bookmakers, behind William Hill. ...

Labour leadership contest: Legal documents reveal depth of split between Jeremy Corbyn and party’s general secretary
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.... . The criticism also calls into question whether Mr McNichol can retain his post should Mr Cobryn win re-election this summer, as the bookmakers have suggested. ...
William Hill approached by 888 and Rank for gambling merger image
Source : BBC [Read Article] Sunday 24th of July 2016 06:36:19 PM
....Online operator 888 and Rank, the UK's biggest casino chain, said they saw "significant industrial logic in the combination". William Hill said the approach was "highly preliminary", while Rank and 888 said they had not yet made a formal offer to the bookmaker's board. ...

Idris Elba: I'm too old to be James Bond and chasing women like that would be inappropriate for me
 image
....But some fans and former Bond Sir Roger Moore have suggested that his race was not what the character’s creator Ian Fleming had in mind. Daniel Craig, 48, who currently plays the role, said that Mr Elba should be his successor and bookmaker Paddy Power has him as 6/1 to get the job. ...
Carpetright shares shed nearly a fifth of value image
Source : Guardian [Read Article] Tuesday 28th of June 2016 04:13:51 PM
....” He said it was too soon to judge what the fallout from the referendum would be. Walsh, a former managing director of the bookmaker Coral, was hired in 2014 to lead a turnaround following several difficult years for the company as sales and profits collapsed during the last recession. ...
Market reaction to Britain's leave vote: it could have been worse image
Source : Guardian [Read Article] Friday 24th of June 2016 10:24:00 AM
.... Share prices and the pound had rallied strongly in the days before on the expectation of a vote for remain. A victory for leave – a 10% chance, according to the bookmakers, as the polls closed – couldn’t fail to provoke a strong market reaction. ...
Business news: Ted Baker, Betfred, Premier Farnell and Virgin Active image
Source : Daily Express [Read Article] Wednesday 15th of June 2016 08:14:00 AM
.... . The Gambling Commission said the bookmaker had failed in its anti-money laundering and social responsibility policies. ...
Gambling Commission orders Betfred to pay £800,000 image
Source : Guardian [Read Article] Tuesday 14th of June 2016 09:33:51 AM
. The bookmaker Betfred has agreed to an £800,000 settlement after accepting stolen cash from a “VIP” customer, who was allegedly offered free drinks and day trips to encourage him to keep betting. ...
JP McManus tax refund demand rejected by US authority image
Source : Guardian [Read Article] Friday 3rd of June 2016 06:21:32 PM
....”. The Limerick-born horse-racing tycoon began his working life in the family construction plant hire firm before becoming an on-course bookmaker at the local greyhound track. ...
Turkey 'wins' 2016 house price Championship image
Source : Guardian [Read Article] Thursday 2nd of June 2016 05:01:19 PM
....The figures show that prices have risen in all but six of the competing nations, and show a marked contrast between northern and southern Europe. Prices are 6% below 2012 levels in France, the bookmakers’ favourites to win the Euros, while in Ukraine they are 22. ...
City News: Betfred, Axa Insurance, Mitie Group, Joules image
Source : Daily Express [Read Article] Tuesday 24th of May 2016 08:25:00 AM
. Under the exclusive deal Sportingbet and Bwin owner GVC will license its online sportsbook and gaming platform to the bookmaker. ...
City News: Smashburger, Ladbrokes, Moss Bros image
Source : Daily Express [Read Article] Saturday 21st of May 2016 02:56:00 PM
....The CMA found that the merger could “result in a substantial loss of competition” in the gambling market at both a national and local level. The proposed merger would create Britain’s biggest bookmaker, with about 4,000 betting shops, but the CMA has identified 659 areas across the country where the deal could harm competition. ...
Ladbrokes/Coral merger may force sale of up to 400 betting shops image
Source : Guardian [Read Article] Friday 20th of May 2016 06:45:10 AM
....Ladbrokes and Coral could be forced to sell up to 400 betting shops if the £2. 3bn merger of the two bookmakers is to go ahead, the competition regulator has said. ...
Gordon Brown could knock out Boris Johnson in a Brexit bout image
Source : Guardian [Read Article] Sunday 15th of May 2016 05:59:17 AM
....For it seems to me that some of my fellow members in the Remain camp are manifesting signs of that traditional phenomenon known as “panic in the ranks”. Although bookmakers William Hill make Remain firm odds-on favourites – as I write, if you put £100 on Remain, and that is the outcome, you win only £30, whereas £100 on Brexit stands to win £300 – that is not what the opinion polls indicate. ...
TUI waves bon voyage to niche brands  image
Source : Daily Express [Read Article] Thursday 12th of May 2016 10:01:00 AM
.... . The FTSE 250 bookmaker has also felt the impact of online customers’ self-imposed time-outs in measures introduced to curb problem gambling. ...
William Hill pays out £3m to punters backing Leicester City image
Source : Guardian [Read Article] Wednesday 11th of May 2016 05:52:35 PM
. William Hill has paid out £3m to punters who backed Leicester City to win the Premier League, but the hit to the bookmaker was partly offset by good results from the rest of the season’s matches. ...
Three more companies face shareholder wrath over executive pay image
Source : Guardian [Read Article] Thursday 5th of May 2016 04:54:20 PM
....Three more big UK companies have suffered damaging investor revolts over executive pay at their annual shareholder meetings. The latest rebukes came at bookmaker Ladbrokes, consumer goods company Reckitt Benckiser and construction firm Carillion. ...
Leicester won the league but the bookies were far from beaten image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 06:22:26 PM
....The bookies took a right old caning on Leicester City, right? Don’t believe a word of it. The part of the tale that is correct is that the Foxes’ triumph, at odds that started the season at 5,000-1, ensured a loss for most bookmakers on the thin market in predicting the outright winner of the Premier League. ...
Leicester won the league but the bookies were far from beaten image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 06:22:26 PM
....The bookies took a right old caning on Leicester City, right? Don’t believe a word of it. The part of the tale that is correct is that the Foxes’ triumph, at odds that started the season at 5,000-1, ensured a loss for most bookmakers on the thin market in predicting the outright winner of the Premier League. ...
Gala Coral pays out £880,000 over gambler who stole to feed habit image
Source : Guardian [Read Article] Wednesday 27th of April 2016 09:49:09 AM
. The bookmaker Gala Coral has agreed with the gambling regulator to pay out nearly £880,000 after taking hundreds of thousands of pounds from a “VIP” problem gambler who was using the proceeds of theft to feed his habit. ...
Pay ratio between bosses and employees will be '2016's hot topic' image
Source : Guardian [Read Article] Sunday 24th of April 2016 11:01:30 PM
....In its report of how it voted in 2015, LGIM provided the example of FTSE 250 company biotech Genus which had an all male board, prompting it to vote against the chairman. The report provides other examples of where it held discussions with companies, including bookmaker Ladbrokes and at banking group Standard Chartered. ...
Times are hard for bankers – but they did nearly bankrupt the planet image
....The difference between an investment banker and a pigeon, the old joke went during the credit crunch, is that a pigeon can put down a deposit on a new Porsche. It’s not a classic, perhaps, but it was enough to irk many of the jumped-up bookmakers that inhabit the trade, until the shock of nearly bankrupting the planet wore off and they discovered new ways of trousering massive bonuses. ...
Bookies lose £60m after 'worst-ever' Cheltenham Festival image
Source : Guardian [Read Article] Thursday 21st of April 2016 11:26:31 AM
....Bookmaker Ladbrokes has been hit by the worst Cheltenham horse racing festival in living memory, which left the betting industry nursing collective losses of more than £60m. Cheltenham proved disastrous for bookmakers, as nine favourites and one joint favourite won in the 28 races over four days. ...
David Cameron gambles on the status quo in EU referendum image
Source : Guardian [Read Article] Sunday 10th of April 2016 11:50:15 AM
.... It makes a case for the status quo, argues that the alternative is fraught with danger and relies on the innate conservatism of voters to carry the day. It worked in the Scottish referendum, it worked in the 2015 general election and the bookmakers think it will work again on 23 June. ...
New rules ‘will crack down’ on exploitation of gambling addicts image
Source : Guardian [Read Article] Saturday 9th of April 2016 03:00:19 PM
....A key measure is an upgraded “self-exclusion” system, under which addicts tell betting companies not to take their money. The new system lets addicts sign up to a central register shared by bookmakers, rather than excluding themselves from individual firms. ...
....Reuters' latest monthly poll of 13 UK-based investors, carried out between March 17-30, also revealed growing anxiety that Donald Trump will win the Republican nomination to run for president in the United States. With bookmakers shortening odds on a British vote to quit the EU after a June 23 referendum, sterling is on its worst run in eight years as fears grow for trade and economic growth in the event of "Brexit". ...
City news: Lloyd's, Odeon, B&Q and William Hill image
Source : Daily Express [Read Article] Thursday 24th of March 2016 12:01:00 AM
...._____________________________________________________________. MORE than £350million was wiped from the value of William Hill after the bookmaker counted the cost of its worst Cheltenham Festival and new measures to curb problem gambling. ...
FTSE edges higher as AstraZeneca shrugs off drug disappointment image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 09:48:27 AM
....40 as Exane BNP Paribas moved from neutral to outperform. But bookmakers were on a losing streak after a profit warning from William Hill, down 49. ...
William Hill shares hit by profit alert image
Source : BBC [Read Article] Wednesday 23rd of March 2016 09:00:25 AM
William Hill issues profit warning after Cheltenham and online losses image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 08:48:19 AM
. Dire horse racing results at the Cheltenham festival and high-value online customers imposing restrictions on their own gambling have triggered a profit warning for bookmaker William Hill. ...
Australian stock exchange boss resigns image
Source : BBC [Read Article] Monday 21st of March 2016 07:21:50 AM
....The head of Australia's stock exchange Elmer Funke-Kupper has resigned amid allegations of bribery at a betting company he used to run. He's also taken a leave of absence from the board of Tabcorp, Australia's biggest bookmaker, and the company under investigation. ...
'President Trump' as big a threat as jihadi terror to global economy - EIU image
.... A British exit could also “exacerbate the ongoing global currency instability, notably in the west”. Latest opinion polls have shown that the remain and leave campaigns are neck-and-neck, although Britain is odds-on to remain in the EU with the bookmakers. ...
George Osborne's budget 2016 giveaways 'mask £56bn black hole' image
Source : Guardian [Read Article] Wednesday 16th of March 2016 09:26:48 PM
.... A government that’s on your side”. A barrage of anti-tax-avoidance measures, plus levying gambling tax on the “free bets” given by bookmakers and forcing employers to pay national insurance contributions on staff redundancy payments over £30,000, are slated to bring in almost £3bn a year by 2019-10, although the OBR pointed out that the revenue from tax avoidance could be uncertain. ...

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