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382 results for "betting shops"
‘Loss-Making’ Fan Duel Contributes to Paddy Power Betfair’s Revised Earnings Forecast
Paddy Power Betfair (PPB) has said that losses incurred by its US operations, the FanDuel Group, has forced it to revise its earnings outlook for the year. Meanwhile, a lucrative World Cup...
William Hill Blames Billion-Dollar Loss on FOBT Cuts, Looks to US for Silver Lining
William Hill blamed the UK government’s clampdown on fixed-odds betting terminals (FOBTs), Friday, for dragging it one billion into the red in the first half of the year. The British sports betting...
FOBT Maximum Bet Cut From ￡100 to ￡2 by UK Government
Bookmakers in the United Kingdom woke up to a worst-case scenario on Thursday, as government officials announced that they would impose a ￡2 ($2.70) maximum bet on fixed odds betting terminals (FOBT)....
Royal Baby Named Prince Louis of Cambridge, Oddsmakers Get It Wrong
His Royal Highness Prince Louis of Cambridge is the newest member of Britain's Royal Family. Informally known as Louis Arthur Charles, the name of Prince William and Kate's third child came as...
Fertittas, Ruffin, Wynn Fueling President Trump’s Early Reelection Campaign
Numerous Las Vegas billionaires including Sheldon Adelson, Frank and Lorenzo Fertitta, Phil Ruffin, and Steve Wynn gave tens of millions of dollars to then-candidate Donald Trump during the 2016 presidential election. More...
Playtech Makes Billion-Dollar Bet on Italian Market with Snaitech Acquisition
Playtech will establish a dominant presence in the burgeoning Italian gambling market through its biggest ever acquisition.?The British online gambling software provider and financial trading group announced Wednesday it will pay $1.05...
UKGC calls for ￡30 Stake-Limit on FOBTs
Shares in the UK’s biggest betting companies rose on the back of a report by the UK Gambling Commission recommending maximum stakes on fixed-odds betting terminal (FOBT) roulette should be cut to...
Financial Regulator Probes Ladbrokes and William Hill Over ‘False Market’ Claims
The UK’s financial regulator is examining a complaint by The Campaign for Fairer Gambling (CFG) which claims Ladbrokes and William Hill have create a “false market” through their pronouncements on proposed gambling...
Three Online Gambling Operators Quit Malta Over MGA Anti-Mafia Investigation
An unprecedented anti-Mafia investigation by the Malta Gaming Authority (MGA) into all its Italian licensees has resulted in three companies “unilaterally terminating their own licenses,” according to Malta Today. Betent.com (Betent Group...
GVC Gets Shareholder Approval for Takeover of Ladbrokes Coral
GVC Holdings received nearly unanimous approval from its shareholders to proceed with a planned takeover of bookmaker Ladbrokes Coral, a transaction that will create one of the world’s largest gaming entities. GVC...