Author: Joe Lyons
Posts by Joe Lyons
Former Prime Minister Gordon Brown is confident the two-child benefit cap will be addressed in the autumn budget. Earlier this year Brown called on the Labour government to hike gambling taxes to prevent a social crisis. Brown wants the additional funds generated to cover the cost of scrapping the two-child rule, which restricts child tax […]
Cleveland Guardians duo Luis Ortiz and Emmanuel Clase have been indicted in connection to a sports gambling investigation. Prosecutors allege that Ortiz was paid $5,000 for throwing an intentional ball during a game on June 15 against the Seattle Mariners. Additionally, Clase is alleged to have been given $5,000 for facilitating the rigged pitch and […]
ESPN has terminated its sports betting partnership with Penn Entertainment, paving the way for DraftKings to take charge. The multiplatform sports media firm, owned by the Walt Disney Company, ended its agreement with Penn not long after agreeing a ten-year, $2 billion deal back in 2023. In July, analyst Jeffrey Stantail revealed it was increasingly […]
MPs have urged Rachel Reeves to move forward with gambling tax hikes despite bookmaker ‘scaremongering.’ In a report by the Treasury Select Committee, MPs accused betting firms of exaggerating the damage tax rises could cause to the industry. They encouraged the Chancellor “not to cave into industry scaremongering” and argued taxes should accurately reflect the […]
NBA officials met with a United States congressional committee to discuss the gambling probes that resulted in stunning indictments. According to ESPN, the meeting was considered an informational sit-down for members of the House Committee on Energy and Commerce – including conversations about the league’s partnerships with sportsbooks and measures to prevent illegal use of […]
The Northern Ireland Assembly’s All-Party Group on Reducing Harm Related to Gambling has called for a closer look on tax hike proposals. The cross-party group wrote a letter to Chancellor Rachel Reeves expressing concern regarding the Treasury’s plans to harmonise tax rates across different remote gambling products. The group thinks standardising tax rates would contradict […]
The Gambling Commission has ordered NetBet to pay £650,000 in anti-money laundering (AML) and social responsibility failures. NetBet, which operates the UK’s Netbet.co.uk website, will pay the penalty as part of a settlement with the watchdog and all funds will go to socially responsible causes. Just last month, the operator behind major UK gambling firm […]
NHL star Arthur Kaliyev has been accused of stealing $50,000 from his ex-girlfriend to fuel a gambling addiction. Kaliyev’s former partner, adult-content model Lauren Mochen, claimed the Belleville Senators forward borrowed large sums of money from her, asked for access to her PayPal account and used her to cash fraudulent checks. In a series of […]
Isaac Dulgarian has been axed by the UFC amid allegations of fight fixing. The featherweight was cut from Dana White’s roster just one day after falling to defeat at UFC Vegas 110 on Saturday, where he submitted to a rear-naked choke three minutes and 41 seconds into the bout. Suspicious betting patterns emerged in the […]
Victoria Gate Casino has had its license suspended due to serious concerns regarding anti-money laundering and counter-terrorist financing risks. The Leeds venue was closed on Friday after the Gambling Commission withdrew its operating license and started an investigation into ‘significant failings.’ The UK watchdog said a compliance assessment had flagged concerns the casino ‘failed to […]
Former NBA player Damon Jones, currently at the centre of an FBI gambling probe, allegedly used his championship ring as collateral. Jones was arrested last month amid charges that he disclosed privileged injury information about a ‘prominent’ basketball player to facilitate illegal sports betting. That player, according to ESPN, is Los Angeles Lakers superstar LeBron […]
Horse racing will not be included in Chancellor Rachel Reeves’ proposed gambling tax rises. First reported by the Telegraph, Reeves is set to focus on gaming machines and online casinos to raise around £1 billion in extra funds for the Treasury. As it stands, Machine Games Duty (MGD) and Remote Gaming Duty (RGD) is taxed […]