Sports Relief get one of its first large donations for 2010 campaign

April 29, 2009 by mbates 

The sponsors of this years World Championship Snooker tournament Bet Fred are to donate £147,000 to Sports Relief following the maximum 147 break achieved by Stephen Hendry in his match on Tuesday at the Crucible Theatre in Sheffield, the last prior recorded professional 147 break belonged to Ding Junhui in the Maplin UK Championship in December 2008.

Sport Relief’s Head of Fundraising, Karl Reynolds said “We are thrilled that Stephen Hendry’s skill has potted Sport Relief an amazing £147,000. A big thank you to Stephen and Betfred for one of the first donations to Sport Relief 2010.”

The founder of Bet Fred;Fred Done said: “It’s fantastic that Sport Relief are receiving the £147,000 donation and I’m delighted that it was a true snooker legend in Stephen that made the 147 break.”

Ladbrokes launch Bet British advertising campaign

March 23, 2009 by mbates 

The UK based bookmaker Ladbrokes has launched an advertising campaign started from 21st March aimed at encouraging punters to only place bets with UK licensed bookmakers, the campaign will appear in the Racing Post.

A PR spokesman for Ladbrokes said “Very few advertisers in the Racing Post are paying tax or levy in the UK but not many consumers would be aware of this. We are informing betting customers that by betting with Ladbrokes or other UK-based operators they are encouraging employment and tax generation in the UK as well as supporting British racing through the levy. We are also reinforcing the fact that while we are increasingly a global business we remain as British as British beef.”

Ladbrokes is responsible for paying 35% of all Horserace & Betting Levy for 07/08 payments made in the UK during this they paid £100.4m in Gross Profits Tax, £68.5 million in VAT and £49.9 million in Corporation Tax as well as paying £40.4 million in levy to UK horseracing and £45 million in local taxes.

How this campaign will be viewed by other operators is yet to be known but a majority do operate from offshore locations such as the Isle of Man, Gibraltar and Malta where companies based in these locations benefit from payer tax of just 1% or less, such as Sporting Bet, Blue SQ and Bet Fred.