888 Launch In-House Sports Betting Platform Replacing Kambi

Back when 888 bought out the struggling BetBright brand they had good reason for doing so. The £15 million it cost them might have seemed like money down the drain on the face of things, but there was a plan. They were less interested in the brand itself (which has since ceased trading) and more…

MGM £8.1 Billion Bid for Entain Rejected

If someone offered you £8.1 billion for your business would you sell it? Entain (the new brand name of GVC) wouldn’t. MGM Resorts yesterday put the huge offer on the table, but were knocked back by the owners of brands such as Ladbrokes, Coral, and Betdaq. Entain believe the offer, representing £13.83 per share, does…

Horse Racing Levy to be Reviewed 3 Years Early

It’s been a rough year for sports betting in general, but for horse racing the going has been particularly hard. The sport has been struggling with physical attendance at race tracks for years, with on course bookies reporting lower and lower takings outside of the really big meetings. The COVID hit, reducing attendance to zero….

UK Gambling Law Review

Culture secretary, Oliver Dowden, has called the 15 year old gambling act an “analogue law in a digital age”, while launching the review into online gambling law reform. The pandemic held up the review which was supposed to begin earlier this year, but the first stages – known as a call for evidence – have…

Boylesport Fined £2.8 Million for Money Laundering Failings

The UKGC seem to be dishing out multi-million pound fines as often as Boris Johnson changes the rules of lockdown. Boylesport are the latest to be found lacking and will have to pay for their lacklustre anti money laundering procedures to the tune of £2.8 million – just what they need after such a miserable…

A £100 Monthly Loss Limit on Gambling in the UK

Back in August I wrote about a potential £100 monthly betting limit that had been tabled by a cross party think tank called the Social Market Foundation. This figure was partly based on a report by Dr James Noyes, and the idea seems to have been adapted somewhat by the UKGC and turned into a…