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May Day also marks the 50th anniversary of legalised UK betting shops

Written On  4.29.11 By Recentpoker.com staff writer Jennifer Jearu :

Stan Hey, a writer for The Independent newspaper in the UK, marked an important betting anniversary this week in an informative and amusing article on the legalisation of British betting shops fifty years ago.
 
The article is replete with funny anecdotes from Hey's childhood experiences with his father, who seems to have been quite a character, illustrating the difficulties of laying a bet prior to the legalisation of betting shops in the 'fifties under the Macmillan government, which introduced the Betting & Gaming Act, changing the face of UK gambling.
 
The article covers the evolution of small and dingy betting shops to today's offerings, and importantly talks about the development of online betting and its impact on the business over the past decade or more.
 
"Online gaming – bingo, poker, blackjack – is flourishing while betting directly on book-makers' websites is certainly the fastest way to "get on". Indeed there is a generation of younger punters who have never been inside a betting shop and simply conduct their business by computer or mobile phone," writes Hey.
 
"Newish boys, such as Irish firm Paddy Power, make about 50 percent of their multimillion pound profits from online betting but their shop business is holding up well.
 
"One bookmaker, the Millfield educated Victor Chandler, sold his 41 betting shops in 2006 in order to concentrate on the worldwide passion for on-line gaming. He has kept open a luxury betting lounge in Mayfair – air-conditioning, leather sofas, designer snacks – for his high-roller clients and one in Dublin, but clearly sees a tax-haven base and cyberspace betting as the future. With the Tote, the government-owned pool-betting operation, soon to be sold off, there may be further changes in a once-constant ecology.”
 
The article is well worth the read, and can be found here: http://www.independent.co.uk/news/business/analysis-and-features/a-gamble-that-paid-off-fifty-years-on-betting-shops-are-glossy-recessionbusting-businesses-2276268.html

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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