30th
August
London Source: The Scotsman
Hilton
posts profit slide despite rise in gambling
The company proposes setting
up a casino division next year after selling its existing portfolio to
Gala group for £235.3m in 2000.
29th
August
London Source: FT.com
Hilton
Group PLC - Interim Results
Betting and gaming profits
for the six months ended 30th June were up 19.9% to £76.5m. Hotel
and lodging profits declined 22.5% to £97.8. eGaming profits were
£5.1m on a turnover of £192.3m. Ladbrokes betting offices saw
the number of betting slips rise 25% for the period.
29th
August
London Source: FT.com & Yahoo UK
Hilton
shares drop as profits weaken - Gains in gaming business offset by losses
in hotels
Hilton
Group reports H1 profits down by 9.9% at £130m
27th
August
Liverpool Source: icLiverpool/Liverpool
Echo
Gaming
group's casino plan - Stanley
Leisure
24th
August
London Source: FT.com
ITC's
new standards code to keep restriction on gambling
The Independent Television
Commission decision will make it highly unlikely that casinos and bookmakers
will be able to advertise their services on British TV before a National
Gambling Commision is established.
23rd
August
London Source: The Times
Bets
are on for rich returns from sport sites
Faced with dwindling advertising
British based sports news websites are increasingly turning to gambling
services to balance the books. “So far as it is known, none of the recognised
sports websites have ever made a profit,”
21st
August
London & Rhode Island Source: Ananova.com
- Aug 19th
Wembley
defends reputation of Rhode Island business
20th
August
London Source: The Times
New
tracks follow the punters as greyhounds pick up speed
A look at the UK's second
most popular spectator sport that has over the last few years been steadily
gaining in popularity.
20th
August
Yarmouth, England Source: Yarmouth Evening
News
Jackpot
for Vegas-style casino bosses
Yarmouth is the UK's third
largest tourist resort and has two casinos. The budget for the proposed
new Atlantis casino is not quite of Las Vegas proportions - just £5
million.
19th
August
London Source: Northern Light/AFX
Alphameric,
Satellite Information Services in data transmission agreement
19th
August
London Source: FT.com
Wembley
transformation pays off - Gaming profits rise, completes disposal programme
Wembley's
interim operating profits up 29%
18th
August
London Source: iii.co.uk/AFP & Yahoo
UK/Reuters
Ladbrokes
signs deals to provide betting services to Arsenal, Liverpool
Liverpool
and Arsenal take punt with Ladbrokes
Ladbrokes will now be providing
betting services to the top 3 premiership clubs in the UK having announced
a deal in May with Manchester Utd.
18th
August
London Source: The Scotsman
Motorway
is Britain’s top horror
Blackpool's Golden Mile
where there are plans by Leisure Parcs to build "Las Vegas style" casinos
is presently thought by the public to be one of the seven worst eyesores
in the UK.
17th
August
London Source: Teletext.com
Casinos
set to topple lottery
16th
August
London Source: The Times
A
reckless gamble with the lives of the poor
Former Labour minister Roy
Hattersley becomes the latest politival heavyweight to critisise the Government's
deregulation plans. "At worst, it will bring back to Britain the dark forces
of violence and corruption which the gaming laws of 30 years ago were designed
to deter. "
16th
August
London Source: The Guardian - Letters
August 13th
Odds
against new law on gambling
Letters to the Guardian
on the UK's proposed gambling deregulations.
16th
August
London Source: New Media Zero
BT
excludes gambling and adult sites from Click&buy scheme
14th
August
London Source: Yahoo UK/Reuters
Ladbrokes
tips record football betting season
14th
August
London Source: Yahoo/Dow Jones Business
News & Ananova.com
Zetters
Sells Pools To Focus on SpreadBetting
Zetters
to shed football pools business
13th
August
Torquay, England Source: ThisisDevon.co.uk
Casino
plan for seafront
10th
August
London Source: Ananova.com - August 7th
Major
in court accused of £1m quiz show conspiracy
Earlier links to the story
at BBC.co.uk
Couple
questioned in £1m 'cheat' inquiry
Game
show cough man baffled by row
10th
August
London Source: The Guardian
Labour's
big gamble on casino debts
Tycoon
who knows what 'real people' want
The Labour Government are
apparently ignoring warnings from Lady Littler (Chair of the Gaming Board
from 1992 to 1998) about the potential dangers of allowing Credit Cards
to be used in British casinos. Lobby groups are also named who have been
pushing for the gambling reforms on behalf of operators.
9th
August
Bangor, Northern Ireland Source: BBC.co.uk
Slot
machines seized in crackdown
BBC.co.uk video report
- http://news.bbc.co.uk/media/video/38187000/rm/_38187753_machines2_vi.ram
51 machines and £10,000
was sized by Customs and Exise officers. Some of the slots appear not to
be AWP's!.
9th
August
London & Las Vegas Source: Las
Vegas Sun
Flatley
interested in buying hotel-casino
8th
August
London Source: The Daily Telegraph
- August 6th
Spread
betters discover silver lining behind share falls
Apparently one IG Index
client is £500,000 up this year and has not placed a bet on any share
to rise since January 2000!.
7th
August
London Source: Ananova.com
& The Guardian
Tycoon
denies link between donation and casinos shake-up
Donation
and casino shake-up 'coincidental'
6th
August
London Source: The Guardian
Concern
at huge rise in bet disputes
The abolishment of betting
tax has led to a 40% rise in turnover over the last 10 months. The Independent
Betting Arbitration Service is now being swamped with betting disputes,
many relating to the World Cup.
Website: www.ibas-uk.com
4th
August
Manchester, England Source: The Independent
Ex-director
of Manchester United made a bankrupt
Amer Al Midani was sued
in court for unpaid gambling debts of £1.2m incurred in 2000 at Harrah's
Rio casino.
2nd
August
London Source: Yahoo Singapore/Reuters
Want
to gamble on stock market? Try spread betting
A look at spread betting
on the FTSE, Dow Jones and DAX which is seeing a surge in activity due
to the recent volatility of the markets.
2nd
August
London Source: Yahoo UK/Reuters &
Northern Light/AFX
Dark
horse Charterhouse wins Coral stakes
Coral
Eurobet sold in 860 mln stg MBO backed by Charterhouse Development
2nd
August
London Source: Bloomberg.co.uk
Charterhouse
to Pay $1.3 Billion for Coral Eurobet
2nd
August
London Source: BBC.co.uk
Women
odds on for a gamble
The survey by Teletext racing
finds that 47% of women liked to bet compared to 53% of men.
2nd
August
London Source: Ananova.com &
BBC.co.uk
Coral
Eurobet in £860m management buy-out
Coral
betting chain sold for £860m
The deal is supported by
Charterhouse Development Capital. Ladbrokes, Stanley Leisure and Rank Group
had all been tipped as potential buyers.
1st
August
London Source: The Scotsman/PA
Women
Catching Up in Betting Stakes
More women are apparently
gambling online in the UK. They are generally small stake players and prefer
to wager on TV shows and the Eurovision Song Contest rather than soccer
or horse racing.
31st
July London
Source: The Daily Telegraph & Yahoo Singapore/Dow Jones
London
Clubs aims for black after loss hits £120m
UK
Casino Opportunity May Open For PBL
- in brief
LCI has succesfully renegotiated
its bank debt, but the company has the additional problem of chasing up
some £7 million owed by players.
30th
& 31st July
London Source: NetImperative.info
William
Hill: P2P gamblers are 'flagrantly breaking the law'
Betfair
squares up with William Hill
Betfair now claims to be
generating revenue growth of 25% every month and could well be a victim
of its own success. Traditional bookmakers including the recently floated
Hill's believe that individuals engaging in Peer to Peer betting are presently
breaking the law.
30th
July Manchester
& Las Vegas Source: London
Evening Standard
£1m
casino debt of Manchester United tycoon
The player is being sued
by the Rio casino (Harrah's) in a Manchester court for the sum of $1.8
million. A British national newspaper successfully challenged the ruling
that the hearing should be held in private.
30th
July London
Source: Sky News & Northern Light/AFX
New
Lease For London Clubs
London
Clubs full year loss nearly doubles; secures extension on debt facilities
LCI has been given a 2 year
extension on debt payments and additional working capital of £15
million. Loss for the year was 78.4p per share.
29th
July London
Source: The Daily Telegraph
City
Index disciplines staff over £5m bet
29th
July London
Source: The Daily Telegraph
If
bookies bleat, it must be hurting
British Bookmakers are now
resorting to legal threats against the new betting exchanges. Betfair matches
£30 million in bets each week on horse racing alone. Website: www.betfair.com
25th
July London
Source: The Guardian
MPs
back plans to relax casino laws
A committee of MP's has
rejected Blackpool being given special privileges as a pilot area for Las
Vegas style casinos. They also believe that odds and gambling dangers should
be taught in school. Casinos in the UK could double to 250 and primary
legislation to enable this is recommended for fast tracking.
24th
July London
Source: The Guardian
Betting
Laws Shake-up 'Will Not Cause More Gambling'
A House of Commons Culture
Committee believes that primary legislation to deregulate the industry
should be introduced no later than the 2003-4 session.
22nd
July London
Source: Northern Light/AFX
IG
Group full year profits slip due to bad luck, Sept 11 impact
IG's
Wheeler sells shares to refurbish Chilham Castle
IG
Group chairman sells 4 million shares at 182.5p, reduces stake in co to
24.1%
22nd
July London
Source: Number 10 (UK Government website)
Changes
to gambling regulations a safe bet
Along with live music for
casinos, Bingo operators will also be allowed to offer a £2 million
linked jackpot.
22nd
July London
Source: Ananova.com
Live
music in UK casinos one step closer as govt introduces new rule
21st
July London
Source: Ananova.com
Retailers
under pressure over falling lottery sales
21st
July London
Source: London Evening Standard/Mail on Sunday
Boss
sued after spread-bet backfires
20th
July London
Source: Glasgow Herald
Gaming
firms to put money on spread bets - Punters can play City without shares
18th
July London
Source: Demy's news service
Lottery
operator loses domain challenge
UK lottery provider Camelot
Group has lost a challenge under Nominet's Dispute Resolution Service for
the domain name camelotto.co.uk
17th
July Scotland
Source: USA Today
The
British Open - British bookmakers add to the ambiance
With the British open starting
tomorrow USA Today has an excellent article on betting within the sport,
although it is apparently prohibited by the PGA Tour.
15th
July London
Source: The Guardian
Rank
becomes the favourite to buy Coral
15th
July Birmingham
Source: Reuters
Birmingham
set for gambling bonanza
15th
July Birmingham
Source: BBC.co.uk, CNN.com/AP & Ananova.com
Giant
casino destined for Birmingham
Britain's
biggest casino coming to Birmingham
Stanley
Leisure granted license to build 'UK's biggest casino'
Stanley Leisure have been
granted a license to open a 40 table operation to be known as Stanley Star
City Casino. With the agreed purchase of Tower Casinos the company will
have three casinos in the UK's second largest city.
15th
July London
Source: Yahoo UK/Reuters
Don't
bet on Coral bid
Rank
said close to announcing Coral buy
14th
July London
Source: The Observer
Rank
to grab Coral chain for £800m
13th
July London
Source: EuropeMedia.net
Sky
launches iTV betting and gaming portal
8th
July Blackpool
Source: Yahoo Singapore/Reporters Notebook
Blackpool
on the Rocks
A detailed look at Leisure
Parc's and major shareholder Trevor Hemming's plans to turn Blackpool into
the Las Vegas of the North of England.
8th
July London
Source: Northern Light/AFX
Stanley
Leisure's £350 million issue to bid for Coral approved by City -
report
8th
July London
Source: epolitix.com - July 5th & London Evening Standard
Caborn
defends gambling reforms
Gambling
shake-up 'not for money'
Labour Culture Minister
Richard Caborn has denied in Parliament that the proposed gambling reforms
are motivated by a desire to increase tax revenues.
8th
July
London Source: London Evening
Standard
Horse
Racing - 'Free bets' for trainers scam
7th
July London
Source: The Scotsman
Bookies
accuse Big Brother of fix
Bookmakers are now reluctant
to take any large bets on the 3rd series with William Hill spokesman Graham
Sharpe saying the company had been "stitched up" by punters on the first
two.
7th
July Blackpool
Source: The Observer
Last
roll of dice for Vegas by the sea
In Blackpool, the proposed
Leisure Parcs owned Pharoah's Palace will be a 1,000-bedroom casino hotel
with 80 table games and 2,500 slots complete with sports betting &
bingo. But will the plan rejuvenate a town that has seen visitor numbers
decline by 50% over the last 10 years.
5th
July London
Source: The Daily Telegraph & The Guardian
Stanley
buys Tower Casino and runs rule over Coral
Stanley
expands UK casino estate
All good news for the Liverpool
based Stanley, apart from a London casino punter who has stiffed them for
£1.7m.
5th
July Birmingham
Source: icBirmingham
Casino
murder suspect escapes
5th
July London
& Alderney Source: London
Evening Standard
Sportingbet
is on the ropes
As the share price continues
to fall the company is fighting rumours of unpaid bets and staff defections.
4th
July Liverpool
& London Source: The Independent,
Northern Light/AFX & Bloomberg
Stanley
Leisure hits the jackpot with 40% increase in profits
Stanley
Leisure unveils 44.3 mln casino buy with 40 pct pretax rise
Stanley
Leisure Buys Five Casinos for 44.3 Mln Pounds
4th
July Liverpool
Source: Ananova.com & Yahoo/Dow Jones Newswires
Stanley
Leisure's results beat expectations
Stanley
Leisure Fiscal Year Pretax Profit GBP35.8 Million Versus GBP25.1 Million
4th
July Liverpool
Source: Daily Telegraph
Casino
deal turns up trumps for Stanley
The Tower Casino Group deal
will bring the Stanley Estate up to 40 units. The 3 London casinos are
the Colony Club, Crockfords and the Cromwell Mint.
4th
July Liverpool
Source: London Evening Standard
Stanley
ups stakes with casinos buy
Stanley Casinos is buying
the five casinos of theTower Casino Group for £44.3m in cash and
shares
3rd
July London
Source: Ananova.com
Arena
Leisure's attheraces June viewing figures show peak of 270,111
2nd
July London
Source: Ananova.com
World
Cup was 'best ever event' for Britain's bookies
William Hill and Ladbrokes
reveal that after the month long tournament there appears to be only one
winner!
1st
July London
Source: Northern Light/AFX
Gala
Group says no decision yet whether to pursue LSE flotation
UK's
Gala Group plans LSE flotation - report
The Sunday Business reported
that the company was looking at a floatation that would value it at £1.3
billion. Gala is presently 80% owned by Credit Suisse Private Equity.
1st
July London
Source: Yahoo UK/Reuters
London
Clubs wins more time from lenders
The company that is heavily
in debt following the Aladdin Casino failure has reached an agreement on
a payment timetable with creditors.
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