bookmakers

Affordability Checks Expose Flaw in British Racing's Business Model 

These are challenging times for British punters. If you win too much, your bookmaker could shut you down. If you lose too much, the state might send Big Brother in. This pincer of control and interference in online betting is weirdly at odds with the UK's economic culture, which favours deregulation and free markets - often to society's cost. The way power works, you will hear a lot more about the Gambling Commission's proposed affordability checks than you will bookmaking conglomerates restricting how much punters can stake - and the...

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British Bookmaker Fitzdares to Open in Toronto

Fitzdares, the British bookmaker that has been taking bets since 1882, will have a North American launch in the coming weeks with the opening of an Ontario operation. Fitzdares received its iGaming Operator Registration from the Alcohol and Gaming Commission of Ontario (AGCO) this month. Subject to final approvals, Fitzdares will be one of the first sports betting and iCasino operators to have its registration approved by the AGCO. Canada will join the United Kingdom and Ireland to become the third country where Fitzdares operates real-money online gaming. "We are...

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Bookmakers Will Donate Profits From Britannia S. to Charity

Several bookmakers will donate their profits from the Britannia S. at Royal Ascot to various charities for the second year in a row. The following Betting and Gaming Council Members have all signed on: Flutter, which included Paddy Power, Betfair & Sky Bet bet365 Entain which is Ladbrokes and Coral William Hill Kindred (Unibet) BetVictor Betway Rank Group (Grosvenor Sport) the Tote Fitzdares In 2020, £250,000 was raised. This year the chartities that stand to benefit are: Prostate Cancer UK, Marie Curie, Care Radio and the three Armed Forces charities....

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Ladbrokes, Coral Quit Betting Ring

Ladbrokes and Coral will no longer have a presence in racecourse betting rings after their parent company GVC announced it will cease operation of all of its 106 racecourse betting pitches, which have been sold to John Hooper. "This decision has not been taken lightly, and we are very sad to be calling time on Ladbrokes and Coral's longstanding presence in the racecourse betting ring," said GVC's Trading Director Tom Ritzema. "GVC remains totally committed to horse racing, with a significant race sponsorship portfolio under the Ladbrokes and Coral brands,...

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The Changing U.S. Betting Landscape Can Deliver Both Higher Handle & Purses

Lessons Learned from Australia Racing Prove when a Gambling Pie Grows, It Can Benefit Everyone Back in 2008, Australia began opening up their betting markets. In particular, corporate bookmakers and exchanges were allowed to flourish, offering racing and sports betting customers myriad choice. As we've often noticed in horse racing when presented with something new, in 2010, the sport down under was in full protection mode. They fought the changes in court, predicting "the total destruction of the racing industry as we know it," and "all 50,000 participants in the...

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