The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFlutter Entertainment Share News (FLTR)

Share Price Information for Flutter Entertainment (FLTR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 15,990.00
Bid: 16,035.00
Ask: 16,045.00
Change: 135.00 (0.85%)
Spread: 10.00 (0.062%)
Open: 15,685.00
High: 16,090.00
Low: 15,685.00
Prev. Close: 15,855.00
FLTR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK government proposals on gambling finally expected to be published

Thu, 27th Apr 2023 08:46

(Alliance News) - The long-awaited gambling white paper setting out UK government proposals to make regulation of the sector "fit for the digital age" is expected to be published on Thursday.

Campaigners are hopeful it will include plans for affordability checks and the introduction of a statutory levy on gambling operators to pay for research, education and treatment of problem gambling.

Other measures hoped to feature include a reduction in stakes for online slot games to match those found in land-based gambling and the creation of a gambling ombudsman to deal with customer complaints.

However, reports suggest that the majority of measures, including the exact level of stake limits of online slot machines and curbs on digital marketing such as "free" bets or bonuses, will be subject to further consultation, signalling even more delay to long-awaited changes.

The UK government launched its gambling review in December 2020 but publication of the subsequent white paper has been the subject of repeated delays due to a succession of ministerial changes.

Ministers from the Department for Culture, Media & Sport, including gambling minister Stuart Andrew and culture secretary Lucy Frazer, are due to answer questions in the House of Commons on Thursday.

Writing in The Times on Thursday, Frazer said the regulations towards gambling have not matched the advancements in the industry, particularly due to the rise of smartphones and the internet.

"British punters spend almost GBP10 billion a year on online casino games, sports betting and other forms of commercial gambling," Frazer said.

"Our phones have opened up a digital wonderland where everyone can access a maze of flashing slot machines, virtual races and blackjack tables.

"That's why the government is committed to an overhaul of the rules with an approach centred on balance: to protect the most vulnerable, but not get in the way of the majority of people who want to have a flutter."

Frazer said the gambling white paper will target the power balance between punters and operators, it will do more to protect children and fund research on how to prevent gambling addiction in the future.

Campaigners have called for a ban on gambling advertising and sponsorship but the Premier League has already announced a voluntary ban on gambling sponsorship from the front of match day shirts.

The Premier League also said it was working with other sports on the development of a new gambling sponsorship code.

Zoe Osmond, chief executive of charity GambleAware, said: "Gambling harm is a serious public health issue, which can affect anyone.

"As the leading independent charity and strategic commissioner of gambling harm prevention and treatment across Great Britain, we look forward to the publication of the white paper and with it, further regulation to prevent gambling harm."

London-listed gambling operators include Entain PLC, Flutter Entertainment PLC and 888 Holdings PLC.

By Josie Clarke, PA Consumer Affairs Correspondent

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
29 Jan 2024 13:06

TOP NEWS: London loses another as Flutter moves primary listing to NY

(Alliance News) - Flutter Entertainment PLC on Monday said it plans to shift its primary stock market listing to New York from London, after "supportive" talks with US investors.

Read more
24 Jan 2024 11:27

IN BRIEF: Flutter shares stop trading in Dublin ahead of NY listing

Flutter Entertainment PLC - Dublin-based sports betting operator - Shares cease trading on Euronext Dublin on Tuesday and will be de-listed on Monday next week. The owner of the Paddy Power, FanDuel and PokerStars brands plans to list on the New York Stock Exchange, saying this is on track for Monday as well. It will keep a premium listing on the London Main Market, remaining in the FTSE 100 index as a result. Flutter also remains headquartered in Dublin.

Read more
24 Jan 2024 09:11

LONDON BROKER RATINGS: UBS cuts BAT to 'neutral'; Barclays cuts Senior

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
24 Jan 2024 07:47

LONDON BRIEFING: abrdn to cut 100 jobs; Rio Tinto plane crash

(Alliance News) - Stocks in London are expected to open higher on Wednesday, following a largely positive performance in New York.

Read more
19 Jan 2024 17:12

UK stocks log weekly losses, bleak retail sales data weighs

UK retail sales slump points to new risk of recession

*

Read more
19 Jan 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 edges up despite poor UK retail sales

(Alliance News) - The FTSE 100 edged higher on Friday at around midday, though the pound struggled after data showed that UK retail sales plunged in December.

Read more
19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
18 Jan 2024 17:16

UK equities rise on upbeat earnings, Watches of Switzerland slumps

Travel and leisure stocks hit near one-month high

*

Read more
18 Jan 2024 17:08

European shares advance as chipmakers rally, earnings a bright spot

Richemont jumps on Q3 sales beat

*

Read more
18 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks recover poise after Wednesday sell-off

(Alliance News) - Stock prices in London closed higher on Thursday, recovering some lost ground after markets across the globe took a big hit on Wednesday on interest rate worries.

Read more
18 Jan 2024 15:14

London close: Stocks manage gains after deluge of updates

(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.

Read more
18 Jan 2024 11:48

Flutter's shares soar on U.S. margins, market share gains

Fanduel further increases leading U.S. market share

*

Read more
18 Jan 2024 11:47

LONDON MARKET MIDDAY: FTSE 100 subdued after Wednesday's slump

(Alliance News) - Stock prices in London stabilised at midday Thursday, following a slump on Wednesday and a busy morning of corporate updates.

Read more
18 Jan 2024 09:04

TOP NEWS: Flutter revenue tackled short from end zone by NFL results

(Alliance News) - Sports betting operator Flutter Entertainment PLC reported a strong end to 2023, with revenue and numbers of players up on a year before, but its US revenue fell short of guidance due to "very customer friendly sports results" in November.

Read more
18 Jan 2024 08:49

LONDON MARKET OPEN: Stocks flat; Flutter rises on strong trading

(Alliance News) - Stock prices in London opened flat on Thursday, as investors failed to find positive catalysts after steep falls on Wednesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.