Regulus Partners is a strategic advisory business focused on the sports and leisure sectors, and a trading name of Alpha Leonis Group Limited. Founded in 2013, it takes a data driven approach to advising large corporates, governments, regulators, sports bodies, financial institutions and other stakeholders, and says it has supported more than 200 clients across five continents. It offers senior level advice drawing on its team's sector knowledge and practical experience, and its people include Paul Leyland and Dan Waugh, with Betsmart Consulting also listed. The firm publishes newsletters to which readers can subscribe, including RP Financial Updates and Winning Post. Its name refers to Regulus, the brightest star in the Leo constellation, chosen to represent clarity, integrity and passion.
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President Luiz Inácio Lula da Silva won Sunday's run-off on the day Brazil's federal betting licences expired, ending the industry's hope that a new government would withdraw the ban. What happens next rests with a Congress that has still not installed the committee due to report on the measure by 23 November, and with a Supreme Court justice who held his ruling until the vote was over.
The former Coral managing director will leave the racecourses' trade body on 31 December, ten days after it replaced him on the British Horseracing Authority board. No reason was given and no successor named, six days before a Budget that could raise machine games duty.
The Times reports that the Chancellor will lift the main rate of machine duty by five points at next week's Budget, a quarter more than today but well short of the doubling campaigners wanted. Nothing is confirmed, the industry says any rise will cost jobs, and Rank's shares rose after the report.
A Racing Post count of every British race title shows bookmakers sponsoring 17% fewer races this year, with the cuts deepening after Remote Gaming Duty went to 40% in April. It lands three weeks before a Budget that may raise machine games duty, which would hit racing harder.
The first month to reflect the higher rate brought in 108% more online gaming duty than a year earlier, more than the rate rise alone explains. The industry says one month proves nothing; the Treasury, three weeks from a Budget that may double Machine Games Duty, may read it differently.
The Betting and Gaming Council has launched a campaign built on shop workers' stories and a poll of Andy Burnham's Makerfield seat, a month before a Budget that may double Machine Games Duty. Its job figures are its own; the think tank behind the proposal says the rise would raise up to £458 million.
Six years after the Gambling Industry Committee asked for a public health approach to advertising, the Lords Liaison Committee has followed up and found the recommendations "largely unaddressed". Its answer is a ban, and it says the black-market argument against one did not convince it.
Euromat puts Europe's illegal online market at €12 billion and says it has tripled since 2019. The Betting and Gaming Council promotes a separate report putting the global figure at $50 billion. The two numbers cannot be compared, both were commissioned by interested parties, and both reach the same conclusion about what enforcement is doing wrong.
The UK's Remote Gaming Duty has doubled overnight. Industry insiders are warning of a spiral effect that could permanently reshape Britain's licensed gambling market, and nobody, including the Treasury, knows where it ends.
NEXT.io reveals Playtech hired Black Cube for the 2021 Evolution report. Playtech faces billions in potential legal liability from Evolution's defamation lawsuit.
Plans put forward by HM Revenue & Customs (HMRC) and the Treasury to restructure the UK's remote gambling tax system have immediately drawn skepticism and