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GAMBLING

  • Ladbrokes pocketed £102m in furlough cash despite record online sales

    January 7, 2022

    Ladbrokes received £102m from the furlough scheme, despite an online boom which overshadowed store closure losses.

  • YouTuber’s 888 poker ads were not aimed at children says industry watchdog

    January 5, 2022

    The UK advertising watchdog has dismissed two complaints against gambling company 888 UK for two videos on a YouTuber's channel, supposedly promoting gambling to young people.

  • 888 offloads bingo business for £38m in discounted deal

    December 15, 2021

    888 has sold its bingo business at a hefty discount with the gambling giant looking to prioritise North America expansion and its core business.

  • December 2, 2021

    Online gambling business Greentube Alderney must pay £685,000 after a Gambling Commission investigation revealed social responsibility and money laundering failures this morning.

  • Debate intensifies around the ‘morality’ of the National Lottery as a new licence decision looms

    November 30, 2021

    The Digital, Culture, Media and Sport Committee interrogated the National Lottery this morning amidst criticism that the current operators, Camelot UK, have increased profits at a faster rate than funding for good causes. 

  • Betting giant 888 on track to complete £2.2bn takeover of William Hill’s European business early next year

    November 30, 2021

    Online betting firm 888 has said it expects to complete its £2.2bn takeover of William Hill’s European business in the first quarter of 2022 after “strong progress”. The two firms agreed the deal in September, which will return its 1,400 betting shops to British hands. 888 told shareholders that it has now received all mandatory [...]

  • Paddy Power and Betfair owner Flutter snaps up bingo giant Tombola for £402m

    November 18, 2021

    Paddy Power and Betfair owner Flutter Entertainment has agreed to buy UK bingo group Tombola for £402m. Tombola’s founder Phil Cronin, who set up the bingo firm 16 years ago, will leave the business after the acquisition, with himself and his family expected to net a fortune from the cash deal. Based across sites in [...]

  • Former F1 boss weighs in on £3bn bidding war for Playtech

    November 17, 2021

    Former formula one team-owner, Eddie Jordan, is reportedly part of a consortium entering the contest to snap up a London listed gambling software company. A firm founded by Jordan is working with a US investor, believed to be Centerbridge Partners, on financing an offer for Playtech, Sky News first reported. A source told Sky News [...]

  • Exclusive: Sportradar signs major new NBA betting data deal

    November 17, 2021

    Sports data giant Sportradar has continued its spree of major deals by signing a new contract with the NBA until 2031, CityAM can reveal. The agreement, announced today, will see the Swiss company provide betting data to the world-leading basketball competition on an exclusive basis. The eight-year deal extends Sportradar’s current arrangement with the [...]

  • November 2, 2021

    An employment tribunal has found that exclusive London casino, Crown Aspinalls, racially discriminated against one of its dealers by allowing a request by a patron not to have black dealers at their table.

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