BGC boss warns tech giants over black market ads ahead of World Cup betting surge Betting The boss of Britain’s gambling trade body has urged major tech platforms to crack down on illegal betting adverts ahead of what is expected to be the biggest World Cup for gambling in history. In an open letter seen by Morning Wire, Betting and Gaming Council (BGC) chief executive Grainne Hurst warned that black market [...]
Report calls for overhaul of horse racing betting industry Sport Business A new report has called for an overhaul of the horse racing betting industry as the sport looks to capture a new audience. The Spotlight Sports Group report, The Horse Racing Audience Opportunity, says that “the sport should concentrate on intuitive betting formats that are easy to understand and move away from offering solely those [...]
Entain losses deepen as Budget gambling tax bites Betting Britain’s new gambling tax regime has delivered an early sting for Entain, pushing the Ladbrokes owner to a wider annual loss even as its core betting business continued to grow. The FTSE-listed bookmaker said it swung to a loss of £681m for 2025, compared with £461m a year earlier, after booking a £488m impairment linked to [...]
Betfred rakes in £1.5bn as founders enjoy jackpot payday January 5, 2026 The billionaire brothers who founded Betfred have shared a bumper payday after the betting giant raked in almost £1.5bn. The Warrington-headquartered business has posted a turnover of £1.45bn for the 78 weeks to 30 March, 2025. New accounts filed with Companies House also show Betfred made a pre-tax profit of £188.6m over the same period. [...]
Bet365 boss banks £260m payout despite profit slide December 23, 2025 Billionaire founder and chief executive of Bet365, Denise Coates, saw her pay surge last year, despite the firm’s profit going south. Coates was paid a salary of £104m in the year to March, according to newly filed accounts, while cash dividends to family shareholders tripled to £313.6m. As the firm’s majority owner, Coates was entitled [...]