Bookmakers should be forced to pay tax on bets placed in the UK to raise revenue for horseracing and help provide a level playing field for British-based operators, an MP has urged.
Betfair will close its South African betting operation next week after taking legal advice over a Supreme Court ruling that online gaming in the country is illegal.
Campaigners for poker machine reform in Australia have been dealt another blow after the Victorian government made a U-turn on plans to introduce its own legislation on limiting player stakes.
Shares in some of the UK’s biggest bookmakers fell sharply yesterday after analysts warned there was a significant danger they could be hit by higher taxes in March’s budget.
UK leisure giant Rank is in talks with rival group Gala Coral to buy its casino division in a £250m deal that would see it become the biggest casino operator in the country.
European gaming giant Fortuna yesterday became the first operator to offer legal internet sports betting in Poland following last year’s legalisation of online gaming in the country.
A proposal to legalise casino gambling in Kentucky is set to be put before the state’s Senate within days — and voters will get a chance to approve the plans later this year.
Online betting firm Gaming VC said yesterday it remained “cautiously optimistic” for 2012, despite a poor start to the year because of winning football favourites across Europe.
Bookmaker William Hill faces paying substantial damages to a rival online firm after the UK courts yesterday upheld claims that it had infringed the trademark of the 32Red company.
A senior government minister in Grenada has been sacked after allegedly telling a foreign gaming firm that it would receive a casino licence once gaming had been legalised in the country.
