Denise Coates, boss of online gambling company Bet365, saw reserves in her foundation rise by almost 50%A charity founded by Denise Coates, the billionaire boss of online gambling firm Bet365, has reduced its donations to good causes from £9m to £6m, d…
Irish virtual sports giant’s new startup bets big on rugby in bid for US market share
A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market […]
Victoria Coren Mitchell: ‘I’m not at all competitive, which surprises people’
The writer, presenter and professional poker player on taking part in Taskmaster, her pub quiz dilemma and a life surrounded by comediansVictoria Coren Mitchell was born and went to school in Hammersmith, west London. She is the younger sister of the r…
Britain need not be a nation of gamblers. We have to rein in this industry | Heather Wardle
Massive profits are extracted from society’s most vulnerable. But the review of the gambling act will reinforce the status quoGambling takes a remarkable toll on society. In England alone, the cost of dealing with the social harms it causes (such as jo…
The Grand Old Lady
“When we opened the back panel, it revealed an amazing array of moving relays, stepper units and scanning motors worthy of vintage mechanical telephone switching equipment. I happily let my friends play the machine while I sat in the back watching the …
A windfall tax? Kwarteng better be sure it doesn’t get messy | Nils Pratley
The gas crisis is global and HM Treasury can hardly send an invoice to Gazprom or QatarHere’s a development in the energy crisis we didn’t expect from a free-market business secretary: talk of a windfall tax on companies that are making big profits fro…
Ladbrokes owner bet big that it was undervalued. It won … big
Liberalisation of US gambling law is fuelling a wave of buyouts of more tech-savvy UK betting firmsThe stock market bargain during the wild pandemic trading of March 2020, it turns out, was the owner of antique betting chains Ladbrokes and Coral. In th…
DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain
Shares in FTSE 100 gambling company rise by almost a fifth after approach from US rivalEntain, the gambling company behind Ladbrokes and Coral, has received a $20bn takeover approach from DraftKings – the latest swoop by an American rival.Shares in Ent…
EasyJet needs investors on board as next takeover bid may be serious | Nils Pratley
Wizz Air’s offer was rejected, of course, but £1.2bn rights issue hardly put fizz back into sharesThe pandemic has transformed the airline industry in unexpected ways: Wizz Air, whose shares have recovered all the altitude lost in the early months of l…
Gambling firm 888 buys William Hill International in £2.2bn deal
Online casino business signals intention to keep bookmaker’s shops as part of a foray into bricks and mortarThe online casino company 888 Holdings has confirmed its £2.2bn purchase of William Hill International and signalled its intent to keep the book…