Category Archives: Betting

Premier League clubs to settle on final terms of betting shirt sponship ban 

Premier League clubs will meet next week to hold definitive talks on whether to impose a voluntary ban on gambling shirt sponsorships.  On Monday afternoon, The Times reported that a meeting of EPL shareholders will take place next week – as pressure mounts on the top-tier of English football to end its relationship with betting.   …

Report: Entain Australia targeting status as ‘fully fledged media business’

Entain Australia is developing a media arm, as reported by The Sydney Morning Herald, which will manage a suite of online television channels. The newspaper reported today that Entain has created four online horse and greyhound racing channels and is producing both written and video content – the latter in the form of documentaries.  One …

How Esports Designed For Betting Can Drive Superior Margins

Esports is one of the fastest growing betting verticals, and according to a recent report from Valuates Reports, the global esports betting market is projected to reach $1.8bn by 2026, up from $692m in 2019. However, despite the significant growth in the value of the esports betting market, margins remains a key challenge for many …

NSW Government ensures ‘no one is left behind’ in problem gambling campaign

The NSW Government has announced investment in a campaign helping people from diverse communities who are facing problems with gambling; ‘The Number that Changed our Life’. Aimed at those who are uncertain of how to get help, the four-month programme specifically supports people experiencing gambling harms from across Chinese, Vietnamese, Korean, Arabic and Hindu communities. …

Hong Kong betting growth continues as HJKC reports record turnover

The Hong Kong Jockey Club (HKJC) has detailed progress on its ‘important strategy’ of boosting the global visibility of the region’s racing scene, Issuing an update on seasonal developments, the Hong Kong racing authority outlined turnover for the 2021/22 season increasing by 3% year-on-year to HK$140bn, with local race turnover standing at HK$129.9bn.  In the …

Peru agrees on final tax plan to launch online gambling regime 

Peru has moved forward on plans to launch a regulated online gambling regime, following Congress’ endorsement of the final policy requirements of Bill-2070/2021.  On Friday 15 July, Congress saw lawmakers settle on the final tax arrangements of the bill that will “regulate the exploitation of sports betting and remote games, creating a tax benefit for …

Coral enhances British racing commitment in Goodwood Festival sponsorships

Coral has entered a partnership with Goodwood Racecourse as it becomes the official fixed-odds betting partner of the Qatar Goodwood Festival. The three year commercial relationship sees the bookmaker sponsor 10 races across the five days of the competition including the Coral Golden Mile on 29 July and the Coral Stewards’ Cup the following day. …

DCMS orders mandatory parental locks on loot boxes

DCMS has informed video game stakeholders that the purchase of loot boxes should be unavailable to children and minors without parental consent. The measure of ‘parental locks on loot boxes’ will be applied as an industry across video game platforms, as DCMS seeks “to step up and improve protections for children as well as players …

New hope on the horizon for Playtech as Eddie Jordan reconsiders bid

Playtech’s hopes for a new owner may have been raised, as Irish businessman Eddie Jordan has reportedly renewed his interest in the company, according to The Times. The newspaper stated today that Jordan is ‘understood to be considering returning to the table’ after a bid for Playtech from Hong Kong investment fund TTB Partners fell …

David Clifton: Licensing Expert – Change will come…eventually

I suspect there are few people who have never faced the morning, thinking ‘last night I drank far too much’… Fortunately, a dawn conclusion of this nature does not usually call for a letter of apology to the Prime Minister. However – and I am ‘groping’ for the correct words here – recent incidents have …