Finance News – Gambling
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Tories: Labour desperate to use bookies tax to bail out Rachel Reeves
The proposed changes to gambling taxes have raised concerns about their potential impact on betting shops and horse racing, highlighting debates over government revenue strategies...
Read Full Article →Gambling ban could cut Premier League sponsorship income by 60 per cent
The potential restriction on gambling advertisements in the Premier League may lead to a substantial decline in sponsorship revenue, significantly impacting the financial stability...
Read Full Article →William Hill accidentally announces death of King Charles
The mistaken announcement regarding King Charles by William Hill briefly impacted the company’s public image, potentially influencing investor confidence and market perceptions in...
Read Full Article →Wynn Resorts drops bid for NYC casino license
The decision by Wynn Resorts to withdraw from the New York City casino license competition may impact the company’s future revenue opportunities and influence the local gaming mark...
Read Full Article →‘Conflict of interest’ claim over new double ministry of sport, communication
Combining the sport and communications departments under a single minister may impact regulatory decisions, potentially slowing efforts to restrict gambling advertisements targeted...
Read Full Article →Online bettors spent over $40 million gambling on the identity of the next pope—one winner made $52,...
Participants in prediction markets collectively wagered upwards of $40 million betting on the election of the new pope, resulting in at least one individual earning a $52,000 payou...
Read Full Article →Spin doctors: gambling firms adopt hard tactics to flood towns with 24-hour slot machines
The increased presence of round-the-clock slot machines significantly boosts revenue for gambling companies while challenging local councils striving to regulate market expansion a...
Read Full Article →Denise Coates gets her timing right again at Bet365 | Nils Pratley
The potential for UK and Irish gambling companies to succeed in the expanding US market may increase with strategic partnerships or acquisitions of American businesses amidst evolv...
Read Full Article →Bet365: Billionaire Coates family consider £9bn sale of betting giant
The Coates family is contemplating the sale of Bet365, potentially valuing the online gambling company at £9 billion as they engage with investment banks and advisors regarding str...
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