Posts From: May 2020

Betting operators call for global sports data standards

The International Betting Integrity Association (IBIA) has called on all parties engaged in the supply chain of sports event data for betting to adhere to global best practice standards. IBIA...

Business News
British horse racing on course for June 1 return

British racing continues to plan for resumption on Monday 1 June, in line with the UK Government’s provisional timetable for the return of sport behind closed doors. To support this...

Business News
GVC expected to claim back £200m in FOBT tax

GVC Holdings has learned that the UK tax authority, Her Majesty’s Revenue & Customs, has taken the decision not to appeal the ruling of the Upper Tribunal (Tax and Chancery...

Business News
MGA and World Snooker sign data-sharing partnership

The Malta Gaming Authority has established a data-sharing agreement with the World Professional Billiards & Snooker Association (WPBSA). The WPBSA is the regulatory authority for both Billiards and Snooker worldwide....

Business News
William Hill set for £150m VAT refund

William Hill estimated that it may receive a cash refund from UK tax authorities of between £125m and £150m. The company noted that Her Majesty’s Revenue and Customer had decided...

Business News
Casino industry expresses concern during constructive meeting with minister

Holland Casino and VAN Kans games conducted a good and constructive consultation with Minister Dekker and the NCTV. They discussed the sector’s objections to the timetable proposed by the cabinet...

Business News
Tabcorp investors hit by dividend drought

Tabcorp will not pay a full-year dividend to shareholders amid the uncertainty of the COVID-19 pandemic. The group informed the share market on Tuesday and said it had arranged more...

Business News
OneComply releases compliance and licensing solution with support from GameCo

Vancouver-based OneComply have entered into a service agreement that will see the launch of  OneComply, a web-based compliance, and licensing solution. Arguably one of the United States’ most strictly regulated industries, the gambling industry is...

Business News
New data shows no uplift in complaints about illegal gambling during Covid-19

New data released today shows that there has been no increase in the number of complaints about illegal gambling websites during Britain’s Covid-19 lockdown.  The data shows that since 23...

Business News
IGT reports first quarter loss amid pandemic

International Game Technology announced the company is withdrawing its previous 2020 outlook due to COVID-19 uncertainty. At March 31, 2020, liquidity totalled $2.2 billion, comprised of $1.5 billion in unrestricted...

Business News