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British Premier League football clubs Loosing Money Due To UK Gambling ClampDown
Wednesday May 7,2014 : U.K. PREMIER LEAGUE TEAMS MAY SUFFER FROM GOVERNMENT'S BOOKIE DECISIONS
Clampdown on internet gambling companies could result in a loss of up to GBP 90 million for football clubs.
With additional government taxation, point of consumption regulations on internet gambling, restrictions on betting limits and retail betting shop locations, it's been a depressing couple of months for UK online bookmaking companies, but British Premier League football clubs could be feeling the impact as well, according to a report in the Financial Times.
In an article by Roger Blitz the respected business publication says that the clubs could be impacted to the tune of GBP 90 million on income "...because of a clampdown by the gambling regulator on online betting operators that use the league’s international popularity to promote their websites to Asian audiences."
Blitz names Arsenal, Chelsea, Liverpool and Everton among a number of top clubs "...that have sponsorship deals with online operators that take very few bets from UK customers but benefit from the Premier League’s popularity in Asian betting markets."
He uses Dafabet as an example, claiming that the company sponsors Aston Villa’s shirts. Others, such as SBOBet, 188 Bet and 138.com, "....pay clubs for perimeter advertising at home matches, but often in Asian languages," in order to win business from football fans watching overseas.
Such sponsorship deals are at risk following the UK Gambling Commission's ruling that from August 2014 it would grant U.K. licenses only to operators that are British facing businesses and either currently transact with British consumers or have a clear business plan for doing so, the FT article notes.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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