Tatts Group announced yesterday that it was selling Talarius, its UK AGC business to Novomatic for £111m. The business operates c. 160 AGCs across GB (11% market share by licence) mainly under the Quicksilver brand, including in motorway service stations. YT June 2015, it generated...

Betfred Group accounts published Betfred has published its accounts to 27 September 2015 with UK Companies House. Turnover (is, bets placed) has increased 18.0% to £10.4bn, driven by an increase in customers and stake size. However, gross win increased by 8.2% to £526.1m (less favorable results)...

UK LBOs - Party Like its 1999? Today the UK CMA gave its provisional findings and remedies for the proposed Ladbrokes-Coral merger (see our summary below). Based upon the phraseology of the reports and press release, it appears as though the CMA is minded to allow...

The Draft Gambling Act in Poland – will it succeed in its Objectives? Poland is the latest EU Member State to engage in the process of modernising its online gambling laws. The government has published a draft Gambling Act with clear and sensible objectives. However, the...

UK Racing: Twilight Zone When UK bookmakers make financial announcements, if horseracing is mentioned, it is typically to highlight decline (see Coral H1 as the latest example). This is true from a retail perspective, and can be clearly seen from the Gambling Commission’s official statistics on...

Australian in-play – changing the rules of engagement Last Friday, Australia’s Northern Territory regulator informed its licensees (substantially all Australian corporate bookmakers) that they must desist from offering mobile in-play betting within 28 days, ahead of a new licensing condition being added which will prohibit ‘click-to-call’...

Brexit Special – Down and Out? The UK has voted to leave the EU. This time, the pollsters (margin of error) were a little closer to reality than the bookmakers (final Leave price 11/2) and global markets (rallying all week). It is still impossible to know...

“If it looks like a duck, sounds like a duck and walks like a duck it’s unlikely to be a horse.” One of the problems with regulating gambling in a relatively permissive society like Great Britain is that the target simply refuses to stand still. Changes...