Gambling News 02nd December, 2015

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HMRC WINS TAX AVOIDANCE CASE AGAINST LADBROKES

02nd December, 2015 at 21:09:02
Involves GBP 54 million.

HM Revenue and Customs has won a tax avoidance in a British court against Ladbrokes involving GBP 54 million.

Full Story: Hmrc Wins Tax Avoidance Case Against Ladbrokes »

AUSSIE OFFSHORE GAMBLING REVIEW GATHERS PACE (Update)

02nd December, 2015 at 21:09:02
Hears submissions for digital and banking giants.

Having heard proposals from Clubs Australia earlier today (see previous reports), Australian offshore gambling review chairman Barry O'Farrell listened as Facebook, Google and Twitter, under the Digital Industry Group (DIG) umbrella association, weighed in on the workability of blocking illicit websites and cutting off access to payment processors.

Full Story: Aussie Offshore Gambling Review Gathers Pace (update) »

BETWAY EXTENDS ITF SPONSORSHIP (Update)

02nd December, 2015 at 15:15:16
With new Tie Break Tens tournament.

Online betting operator BETWAY expanded on its recently announced three-year sponsorship of the International Tennis Federation's Davis Cup and Fed Cup (see previous reports), putting its name to a new quick-fire Tie Break Tens tennis tournament featuring Davis Cup heroes.

Full Story: Betway Extends Itf Sponsorship (update) »

UKRAINE LOOKS TOWARDS LIBERALISING GAMBLING MARKET

02nd December, 2015 at 15:15:16
Sweeping changes across all gambling sectors proposed.

The Ukraine Finance Ministry is proposing the legalisation and regulation of all forms of gambling in the country from retail to bricks and mortar casinos to online gambling.

Full Story: Ukraine Looks Towards Liberalising Gambling Market »

PLAYTECH EYEING OPENBET AND INSPIRED ACQUISITION OPPORTUNITIES?

02nd December, 2015 at 15:15:16
Cash-rich after failure to close AvaTrade and Plus500 deals.

According to UBS analyst, Tal Grant, Playtech may be considering acquisition bids on OpenBet and Inspired in line with a focus on strengthening its sports business.

Full Story: Playtech Eyeing Openbet And Inspired Acquisition Opportunities? »

DRAFTKINGS FILES ANOTHER LEGAL ACTION

02nd December, 2015 at 08:02:31
Daily fantasy sports operator sues payment processors regarding their withdrawal of services.

DFS market leader DraftKings has launched litigation in a Boston court against payment processing firms Optimal and Vantiv, accusing them of breach of contract.

Full Story: Draftkings Files Another Legal Action »

NEW CYBER SECURITY DIVISION FOR MACAU?

02nd December, 2015 at 08:02:31
More internet enforcement activity likely next year.

Macau's Secretary for Security, Wong Sio Chak, has announced that next year will see the updating of the gambling island's cyber and anti-internet crime legislation, along with the establishment of a new cyber security centre similar to those operating in neighbouring Hong Kong and on the Chinese mainland.

Full Story: New Cyber Security Division For Macau? »

LADBROKES SALLIES INTO GERMAN FOOTBALL SPONSORSHIP SECTOR

02nd December, 2015 at 08:02:31
First agreement signed with SV Werder Bremen.

British bookmaker Ladbrokes has entered into an advertising and sponsorship agreement with German club SV Werder Bremen, with the first signage going up over the weekend at the football team's home ground.

Full Story: Ladbrokes Sallies Into German Football Sponsorship Sector »

SPORTS BETTING TOPS IN SPANISH ONLINE GAMBLING

02nd December, 2015 at 08:02:31
2014 numbers show that 60 percent of online punters bet on sports.

Annual statistics quoted at a recent meeting in Brussels by Juan Espinosa, chief of the Spanish regulator Dirección General de Ordenación del Juego reveal that sports betting still rules in the online environment, with 60 percent of Spanish internet and mobile punters wagering on sports events.

Full Story: Sports Betting Tops In Spanish Online Gambling »

AUSSIE CLUBS USE GAMBLING REVIEW TO ATTACK ONLINE OPERATORS

02nd December, 2015 at 08:02:31
Clubs Australia opposes expansion of online gambling services.

Clubs Australia, the organisation representing Australia's 6,500 licensed clubs in a A$7 billion business sector, has urged the Australian government's review of online gambling to recommend a ban on further expansion of online gambling services; the imposition of a place of consumption tax on internet operators; and to reject representations from the online sector to allow in-play betting.

Full Story: Aussie Clubs Use Gambling Review To Attack Online Operators »