LONDON/DUBLIN, May 23 (Reuters) – Tech-savvy gamblers using smartphones and tablets to bet on live match action will help to make next month’s soccer World Cup the most lucrative sports event ever for British bookmakers and bring welcome relief from tough market conditions.
Betting companies in Britain are grappling with tighter regulation and an additional tax burden of 400 million pounds ($675 million) over the coming year – moves that have weighed heavily on their share prices.
LONDON, May 22 (Reuters) – An activist American investment
group agreed to take a seat on the board of online gambling
company bwin.party on Thursday after a compromise deal
following weeks of verbal sparring.
The agreement headed off an expected clash at the company’s
annual meeting in Gibraltar where investor SpringOwl, which has
a 5 percent stake in bwin.party, had proposed four nominees for
LONDON (Reuters) – A football agent plans to pursue his legal case against UEFA’s new Financial Fair Play (FFP) rules despite the rejection of a complaint filed with the European Commission, his lawyer said on Wednesday.
Agent Daniel Striani has been challenging FFP via the Commission and in a separate case brought before a court in Belgium that is expected to be decided next year.