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382 results for "betting shops"
Irish Government Shoots Itself in Foot Over Betting Tax
The?decision to double the Irish betting tax?was taken "without a detailed analysis of the economic consequences,” according to a professor of Economics, and could result in a loss for government coffers. In...
UK Lawmakers Angry Over Plan to Delay £2 FOBT Betting Limits Until October 2019
According to a report from The Guardian, a plan to cut the maximum bet on fixed-odds betting terminals (FOBT) is being delayed until October 2019, sparking outrage from some UK lawmakers. The...
Irish Government Doubles Betting Tax Threatening Independent Bookmakers with Extinction
The Irish government has doubled tax rates on betting as part of its 2019 budget, as it had threatened to last week. Shares in Paddy Power Betfair fell five percent on the...
Penn National Gaming Shops for a Satellite Casino Locale, Finds it at York, Pennsylvania Mall
Penn National Gaming says it will soon present plans to put a satellite casino inside a mall in York, Pennsylvania.?In January, the casino operator that specializes in regional gambling properties secured the...
Fix Is In: FOBT Betting Change Delayed as UK Bookmakers and Treasury Strike Backroom Deal
UK bookmakers and the Treasury are being heavily criticized by government after the two parties struck a deal late last week to delay the implementation of the reduced max bet on fixed-odds...
Paddy Power Betfair Merger with DFS Giant FanDuel Follows on Heels of PASPA Sports Betting Ban Overturn
Paddy Power Betfair (PPB) has announced it will acquire the daily fantasy sports operator FanDuel, which it will merge with its existing US assets, a deal which could position the new alliance...
UK Armed Robbery Gang that Laundered Money Through Fixed Odds Betting Terminals Sentenced
A gang of thieves that terrorized North West England with a string of raids on armored cash-in-transit vehicles, banks, and supermarkets laundered the proceeds of their crimes through fixed-odds betting terminals (FOBTs)...
Paddy Power Betfair Accuses Betting Industry of FOBT Scare Tactics
Peter Jackson, the newly appointed CEO of Paddy Power Betfair, has suggested the rest of the betting industry is employing “scare stories” over the impact of impending FOBT regulations on the retail...
William Hill Australia Mulls Four Takeover Bids From Sports Betting Rivals
William Hill Australia is considering four takeover bids, according to the Australian Financial Review, and the winning proposal will be announced before the end of this week. London-based William Hill wants to...
GVC Ladbrokes Coral Takeover Could Cost 1,600 Jobs for Acquired Betting Company
The GVC Ladbrokes Coral acquisition of one of the oldest and biggest bookmakers in Britain may be phenomenal news for the company buying it, but it could be a brutal blow for...