Betting

and’s horse racing governing body, Horse Racing Ireland (HRI), has proposed higher taxes for the betting sector.The body suggested in a petition submitted to the Department of Finance that the industry should implement a 1.5% increase for sports betting levies.The proposal demands that the rate of duty should rise from the current 1% of bookies’ […]

nd Ireland sportsbook operator Ladbrokes Coral has announced a 7% year-on-year rise in its operating profits for the first half of 2017.The betting giant’s proforma group operating profits grew to £158.3m, rising from the £147.9m operating profits reported in the same period of 2016.Group revenues increased year-on-year by 1%, growing from £1.18bn in the first

nd Ireland sportsbook operator Paddy Power Betfair have announced the appointment of Jan Bolz to the post of independent Non- Executive Director, with effect from the 6th September. Bolz, who most recently served as CEO of German sports betting firm Tipico has over twenty-five years of industry experience, having previously held several senior executive roles

shock announcement on Wednesday, industry giants Scientific Games and NYX Gaming Group Limited have announced they have entered into a definitive merger agreement.Under the terms of the transaction, Scientific Games will acquire NYX and all the outstanding shares of the company for CAD$2.40 per share, equivalent to approximately CAD$775m (US$631m).The strategic benefits of the deal

ET has announced it has signed a contract extension to remain as the official Main Sponsor of English Super League club Wigan Warriors for the 2018 season.The new deal will see the online betting operator’s logo displayed on the front of Wigan’s match and replica shirts for the third consecutive year. 188BET has been Main

man due to take over as chairman of the UK Advertising Standards Authority (ASA) has told the Financial times newspaper that the liberalisation of the UK gambling market in 2005 may have caused the industries current travails. In an interview, Lord David Currie said that “People who are worried about the spread of gambling have

nd Ireland sportsbook operator Paddy Power Betfair has become the first bookmaker to voice its support for the proposed crackdown on controversial fixed odds betting terminals by the UK government, following publication of its triennial review into gambling later this year. According to reports in the Financial Times newspaper, Paddy Power Betfair CEO Breon Corcoran

he Sunday Times has claimed that gambling operators are using a loophole to target minors, creating games that appeal to children without necessarily breaching The Gambling Commission’s terms and conditions.The national newspaper’s investigation reported that operators were luring children to gamble with their favourite cartoon and storybook characters in online betting games.The issue raised from

ral European betting and gaming operator Fortuna Group has announced a 69.1% year-on-year rise in the amount of bets during the first nine months of 2017.In its latest financial report, the company announced the total amount staked was €1.3bn during the nine month period ending on 30 September, with total gross win also increasing year-on-year

ts betting site OddsMonkey has become the latest gambling related entity to fall foul of the Advertising Standards Authority (ASA) over spurious claims made on its website.The ASA received complaints over a video on the OddsMonkey homepage which claimed that “For years OddsMonkey has helped over 30,000 people earn up to £1,500 per month.”Responding to