News

Online contribution to operators’ gambling revenues

This month’s graph shows the contribution of each operator’s online gambling division to their overall revenues. Related posts: Global gambling revenues pass US$ 450 billion in 2014 William Hill’s woes Poker Suffers In World Cup

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Steep Decline in Betting Shop Values

Steep Decline in Betting Shop Values By Warwick Bartlett The news that BoyleSports is considering the purchase of 360 shops from the newly merged Ladbrokes Coral business for £100 million demonstrates the decline in the values of betting shops. This purchase value equates to a value of […]

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Rank, 888 and Hills: three into one won’t go

Rank, 888 and Hills: three into one won’t go By Warwick Bartlett Rank, with a market cap of £925m, is teaming up with 888 Holdings (market cap of £803m), to create a new enterprise worth £1.7 billion and have now made a takeover approach to William Hill […]

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The Cashless Betting Shop

The Cashless Betting Shop By Warwick Bartlett Would the betting shop survive without cash? People like cash, even though more and more payments are made by cards. They trust cash. It is the one form of payment that can be spent universally. It has been around for […]

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Philweb suffers under new Filipino president

The situation in the Philippines over recent months demonstrates once again that regulation and politics are the biggest influences on the gambling sector. New president Rodrigo Duterte has been in post since 30 June 2016 but his hard-line views have already had a devastating effect on Philweb. […]

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Bosnia plans increased betting taxation

Bosnia plans increased betting taxation By Tibor Simić On 30 June 2016, the Government of the Federation of Bosnia and Herzegovina introduced an emergency bill that, if signed into law, will increase taxation on the land-based betting industry in this political entity. Under the new legislation, the […]

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William Hill’s woes

The departure of James Henderson as CEO of William Hill comes as the company tries to overcome difficulties in its online division. Henderson took over as chief executive in 2014 just as a number of tax and regulatory changes were about break over William Hill, not least […]

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Gambling and the post-EU UK

Gambling and the post-EU UK • Pound trashed • Gibraltar between a rock and a hard place • A big win for horseracing by Warwick Bartlett The referendum is over but the political and economic fallout is only just beginning. Writing last month ahead of the vote […]

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