Inside Betting
Nov
28th

Swiss government look to amend gambling ban

Category: Betting, Sport // No Comments »

The Swiss Gaming board is considering removing the current ban on online gambling for national operators so that they can be studied to monitor their quality and to assess whether income can be generated from taxing domestic providers. Benno Schneider the President of the Swiss Gaming Board said “We should investigate whether Switzerland can grant [...]

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Nov
27th

Channel 4 to trial live odds broadcasting

Category: Betting, Bookmakers, Horse Racing, Sport // No Comments »

The UK broadcaster Channel 4 is looking for a partner for its plan to launch a 60 second live television advert to update viewers with the latest odds before the start of major horse races as part of its Channel 4 Racing programme shown on most Saturdays. Mike Parker, Head of Strategic Sales for Channel [...]

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Nov
26th

No tax increase on Irish online gambling

Category: Betting, Bookmakers, Boylesports, Paddypower // No Comments »

The Irish Government has confirmed this week that is has no plans to tax bookmakers operating over the telephone or online because it needs to spend more time researching the industry. Brian Lenihan the Irish minister for Finance declared that the tax on land based bookmakers was to doubled to two per cent on turnover [...]

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Nov
25th

William Hill Sports Book of the Year Winner

Category: Bookmakers, Cricket, Sport, William Hill // No Comments »

Marcus Trescothick has been awarded the William Hill Sports Book of the Year, for his autobiography, ‘Coming Back To Me’, winning the £20,000 prize from William Hill (along with his co writer, Peter Hayter) along with a £2000 William Hill bet and a hand-bound copy of the book by master binder David Sellars. The former [...]

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Nov
24th

Costly promotion for Sportingbet

Category: Betting, Bookmakers, Horse Racing, Sport, Sportingbet // No Comments »

Sportingbet is today counting the cost on one of its main promotions as they had to pay out to numerous punters who had bet on the favourite Kauto Star to win the Betfair Lancashire Chase at the weekend. The offer from Sportingbet was to refund all fallers at Haydock and Ascot on Saturday however during [...]

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Nov
21st

William Hill prepare for largest ever horse racing jackpot

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This Saturday there will be the largest jackpot in horse racing betting history when a possible £5 million plus is available in the Tote Scoop6 bet. To be in with a chance of winning you need find a winner in all six of the televised races on Saturday. It costs just £2 to select one [...]

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Nov
17th

Ladrokes announce quarterly profits

Category: Betting, Bookmakers, Ladbrokes // No Comments »

The UK based Casino and Sports Book operator Ladbrokes has announced a 12% increase in gross win in the quarter ended 31st October 2008. Group profit has increased to 10%, the management team expect that profitabily in the full year to be inline with 2007. The CEO of Ladbrokes Chris Bell said “Despite the generally challenging [...]

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Nov
13th

UK bookmakers getting ready for reality TV betting onslaught

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William Hill the UK based bookmaker is getting ready for one of the busiest fortnights of reality television betting and they have estimated that there will be over £10 million worth of bets will be staked on reality TV shows such as X Factor, I’m A Celebrity and Come Dancing in the coming weeks. When last [...]

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Nov
12th

UK Government pays back £59.1m to Rank Group

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The Rank Group plc has announced this week that it have received a repayment from Her Majesty’s Revenue and Customs (HMRC) of £59.1 million from VAT overpayments relating to its Mecca Bingo clubs. The repayment covers a period of just over five and half years from January 2003 to June 2008 following a ruling relating [...]

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Nov
11th

Ladbrokes goes to court against the Norwegian government

Category: Betting, Bookmakers, Ladbrokes // No Comments »

Ladbrokes has today appealed against the rejection of its application for a betting license to allow it to trade in Norway; it was originally turned down in October 2004. The refusal had led Ladbrokes to initiate legal proceeds against Norway citing it was a breach of EC directives and the EFTA agreement. John O’Reilly Ladbrokes’ [...]

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