Paddy Power has strengthened its position in the regulated Australian sports betting market by acquiring the remaining shares in Sportsbet for €100m taking full ownership of the country’s largest bookmaker.
Read More . . .The existing 41% taxation of land-based operators in Denmark will not be brought in line with the proposed online gaming levy of 20%.
Read More . . .Gibraltar has emerged as something of an online gambling capital over the past decade, due to its competitive tax regime. From next year.
Read More . . .Betfair made up significant ground on Bet365 this month, moving to within 3% of the market leader in November after substantial gains over the course of the month.
Read More . . .Cyprus has put off legislation to ban online gambling because of a three-month delay in feedback on its plans from its European Union partners.
Read More . . .Gibraltar is to raise corporation tax on online companies to ensure the rates are in keeping with EU regulations.
Read More . . .Business ExchangeBuzz up!DiggPrint Email .888 Holdings Plc rose the most in at least five years in London trading after saying it’s in the “early stages�.
Read More . . .Germany's federal states are split over whether to allow private operators into the country’s online sports betting market, it emerged yesterday after a meeting of the 16 Länder ministers responsible for gaming policy.
Read More . . .Racing certainty Betfair yesterday dismayed punters after reporting lower than expected half-year earnings.
Read More . . .The European Commission (EC) has confirmed it has launched a formal investigation into whether Denmark’s proposed tax rate for egaming operators would give them an unfair competitive advantage over land-based casinos.
Read More . . .Betfair has seen its first half profits slide by £1m due to a one-off £14.7m total cost of listing earlier this year, the company said in a statement to the London Stock Exchange (LSE) this morning.
Read More . . .Schleswig-Holstein CDU parliamentary deputy Hans-Jörn Arp is facing questions raised about an all-expenses paid trip to Malta.
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