Largest Sports Betting Market in the World

Total Page:16

File Type:pdf, Size:1020Kb

Largest Sports Betting Market in the World William Hill PLC Hill William IT’S WHO YOU PLAY WITH Annual Report and Accounts 2019 Accounts and Report Annual Annual Report and Accounts 2019 William Hill PLC Contents Strategic Report Corporate Governance Report Financial Statements 01 Our investment case 62 Governance at a glance 124 Independent Auditor’s Report 08 Chairman’s statement 63 Chairman’s governance statement 134 Group financial statements 10 Group at a glance 66 Corporate Governance Report 177 Parent Company financial 12 CEO’s review 83 Audit and Risk Management statements 17 Market overview Committee Report 185 Five-year summary 20 Our business model 88 Corporate Responsibility 186 Statement of Group Accounting 22 Stakeholder engagement Committee Report Policies 24 Key Performance Indicators 90 Nomination Committee Report 26 Our strategy in action 93 Directors’ Remuneration Report Other information 38 Sustainability Report 120 Directors’ Report 197 Abbreviations and glossary 50 Non-Financial Information 123 Directors’ statement of 199 Shareholder information Statement responsibilities 51 Financial review 58 Viability statement 59 Managing our risks Pages 01 to 61 form the Strategic Report of William Hill PLC for the 52-week period ended 31 December 2019. The Strategic Report has been approved by the Board of William Hill PLC and signed on behalf of the Board by the CEO and CFO. 2019 performance highlights Net revenue1 R Profit/(loss) Basic (loss)/ Adjusted Basic, adjusted Dividend (£bn) before interest earnings per operating profit2 R earnings per per share and tax (£m) share (p) (£m) share3 R (p) (p) £1.6bn £12.9m -3.1p £147.0m 10.7p 8.0p 17 7.4 16.6 12.9 (3.1) 13.2 273.8 26.1 1.6 1.6 1.6 12.0 233.6 20.6 8.0 147.0 10.7 (687.9) (83.6) 2017 2018 2019 2017 2018 2019 2017 2018 2019 2017 2018 2019 2017 2018 2019 2017 2018 2019 1. Net revenue is an industry term equivalent to revenue as defined in the notes to the financial statements. 2. We achieved a statutory profit of £12.9m due to £134.1m of exceptional costs, predominantly related to the restructuring of the Retail estate post Triennial Review. Adjusted operating profit is defined as profit before interest and tax, excluding exceptional items and other defined adjustments. Further detail on exceptional items and adjusted measures is provided in note 3 to the financial statements. 3. Adjusted EPS is calculated using adjusted profit after tax and is used in evaluating performance for dividend policy purposes. Further detail on adjusted measures is provided in note 3 to the financial statements. The calculation of EPS measures is shown in note 11 to the financial statements. RR. This performance metric is linked to Directors’ remuneration (see page 93 onwards). Strategic Report WILLIAM HILL IS ONE OF THE WORLD’S LEADING SPORTS BETTING AND GAMING COMPANIES Our 86 years of heritage and strong brand, combined with our growing digital expertise and global presence, create a solid platform from which to grow. With these foundations in place, our strategy will build a sustainable business that puts player safety at the heart of our culture. We are excited by the opportunities and recognise the challenges that lie ahead, as we work with our customers, our teams and our partners to provide a great betting and gaming experience. IT’S WHO YOU PLAY WITH William Hill PLC Annual Report and Accounts 2019 1 Images from our ‘Brotherhood’ marketing campaign which promotes moderate and sociable sports betting and gaming. TO REALISE OUR AMBITION… …OF DOUBLING PROFITS BY 2023… An investment in William Hill delivers cash-generative growth opportunities, underpinned by an embedded focus on safer gambling. This has enabled us to sustain the dividend while continuing to grow the business. 2 William Hill PLC Annual Report and Accounts 2019 TO REALISE OUR AMBITION… …OF DOUBLING PROFITS BY 2023… 2019 operating profit1 2023 ambition to £147m diversify internationally UK2 UK International International2 US2 US The ambition to double operating profit was established in November 2018 and relates to full year 2018 adjusted operating profit of £233.6m. 1. Adjusted operating profit is defined as profit before interest and tax, excluding exceptional items and other defined adjustments. Further detail on exceptional items and adjusted measures is provided in note 3 to the financial statements. 2. Geographical market is based on operating profit excluding corporate costs and other of £56.0m. William Hill PLC Annual Report and Accounts 2019 3 …WE’RE BUILDING A DIGITALLY LED… …INTERNATIONALLY DIVERSE… The global gambling industry is worth cUS$300bn 12% happens online and the growth is outpacing the1 retail market. This is a significant opportunity. Through continuous; only investment in our modular digital platform the competitiveness of our offering will ensure we participate in the growth of digital 12% gaming and sports betting. of global gambling happens online 1. H2GC; Global gambling gross win data, October 2019. 4 William Hill PLC Annual Report and Accounts 2019 …WE’RE BUILDING A DIGITALLY LED… …INTERNATIONALLY DIVERSE… We are diversifying our global reach through organic and inorganic growth. We anticipate the US, where we have access to 24 states will be the largest sports betting market in the world. Following the overturn of PASPA, estimates forecast the market will grow rapidly2, By 2023, the US to be worth between US$5bn and US$19bn gambling market is estimated to be to expand our Online offering into high-growth3 global geographies by 2023. We will continue worth up to beyond the UK. US$19bn 2. 24 states is contingent on the completion of the acquisition of Caesars by Eldorado. Excluding Caesars, William Hill US has access to 18 states. When referring to states this includes Washington D.C. 3. Broker research, CIA country profiles, U.S. Census Bureau, H2GC. William Hill PLC Annual Report and Accounts 2019 5 …SAFE AND RESPONSIBLE… …BUSINESS OF SCALE Our investment case is underpinned by our commitment to safer gambling. Our aspiration that nobody is harmed by gambling guides our decision-making and sustains a culture of customer protection. In the UK we are actively involved in the Betting and Gaming Council and are working with others to lead the development of the Safer Gambling Commitments. 6 William Hill PLC Annual Report and Accounts 2019 …SAFE AND RESPONSIBLE… …BUSINESS OF SCALE Betting and gaming are intrinsically cash-generative activities. William Hill delivers strong operating cash flow. When combined with our disciplined approach to investment, we have maintained a healthy balance sheet and a long-term track record of dividend Net revenue1 payment while continuing to grow the business. £1,582m Adjusted operating profit2 1. Net revenue is an industry term equivalent to revenue as defined in the notes to the financial statements. £147m 2. Adjusted operating profit is defined as profit before interest and tax, excluding exceptional items and other defined adjustments. Further detail on exceptional items and adjusted measures is provided in note 3 to the financial statements. Operating cash flow £183m William Hill PLC Annual Report and Accounts 2019 7 Chairman’s statement A YEAR OF TRANSITION 2019 has been a promising year of transition as we set out to deliver on our five-year plan to build a digitally led and internationally diverse business of scale. Basic, adjusted earnings per share1 10.7p Dividend per share 8.0p Roger Devlin, Chairman During the first year of delivery of our long-term strategy, we made success in the US. We look forward with great anticipation good progress on a number of fronts, while continuing to respond to the completion of the acquisition of Caesars Entertainment to the changing regulatory landscape in the UK and overseas. by our valued partner, Eldorado Resorts. We completed the acquisition of Mr Green in January 2019 for Creating a culture of self-regulation £245m to expand our global footprint and enhance our digital Throughout 2019, and in recognition of the regulatory capability. Mr Green brings the Group broader access to developments the industry is facing, we pushed forward with regulated markets, and its emphasis on customer protection self-regulation. In July, we agreed a package of measures to fund through its Green Gaming technology is a natural cultural fit. research, education and treatment initiatives in collaboration The integration has progressed well, and we have rebased with industry peers. This will see a ten-fold increase in our our International operations to Malta, to ensure the Company financial support for safer gambling measures over the next has an EU domicile post Brexit. five years. In August, the voluntary ‘whistle-to-whistle’ ban on In April 2019, we saw the implementation of the £2 stake limit advertising around live sports matches came into effect with on B2 gaming products. As set out in our strategic review in 2018, the intention to reduce exposure to under 18s. We are pleased our commitment to remodel our Retail operations saw the to note this has been a successful initiative, with a 97% reduction 2 decisive closure of 713 shops in the third quarter. Our Retail in sports gambling TV advertising seen by children . colleagues have risen to the challenge, executed the strategy, In November, the industry worked together with our new and we acknowledge their professionalism during this difficult representative body, the Betting and Gaming Council, to but necessary transition. announce a package of Safer Gambling Commitments. This is In 2018, the Professional and Amateur Sports Protection Act a comprehensive set of measures intended to deliver long-term (PASPA) was overturned, a regulatory development that has benefits to address the harm caused by gambling. provided the Group with material opportunities.
Recommended publications
  • Information Memorandum in Connection with the Acquisition Financing
    Information Memorandum in connection with the Acquisition Financing March 2018 Table of contents List of figures 4 1. Disclaimer 6 2. Transaction overview 8 2.1. Introduction 8 2.2. Sources and uses 9 2.3. Pro forma capitalisation 9 2.4. Illustrative transaction timeline 10 2.5. Key terms of the acquisition financing 11 2.6. Pro forma organisational structure 12 2.7. Strategic rationale for the Acquisition 13 3. Key credit highlights 14 3.1. Largest multi-channel gaming operator globally with leading positions in key markets 14 3.2. Over 90% of revenue from regulated and / or taxed markets 17 3.3. Strong and complementary brand portfolio with cross-sell growth opportunity 19 3.4. Enhanced scale underpinned by best-in-class technology 20 3.5. Acquisition to generate material run-rate synergies 22 3.6. Highly profitable business with robust cash generation 24 3.7. Experienced management team with a track record of successful acquisitions 25 4. Industry overview 27 4.1. Regulatory landscape 27 4.2. Recent trends in online gaming 28 4.3. Recent trends in retail gaming 34 4.4. Competitive landscape 38 4.5. Industry business model 40 5. Triennial Review and Contingent Value Right 41 5.1. Triennial Review 41 5.2. Contingent Value Right 43 6. GVC company overview 47 6.1. Summary 47 6.2. Company history and recent developments 50 6.3. Business overview 51 6.4. Technology 53 Page 2 of 75 7. Ladbrokes Coral Group company overview 55 7.1. Summary 55 7.2. Company history 57 7.3.
    [Show full text]
  • William Hill PLC (Incorporated with Limited Liability in England and Wales with Registered Number 4212563) £350,000,000 4.875 Per Cent
    William Hill PLC (incorporated with limited liability in England and Wales with registered number 4212563) £350,000,000 4.875 per cent. Guaranteed Notes due 2023 unconditionally and irrevocably guaranteed by William Hill Organization Limited (incorporated with limited liability in England and Wales with registered number 00278208) WHG (International) Limited (incorporated with limited liability in Gibraltar with registered number 99191) William Hill Australia Holdings Pty Limited (incorporated with limited liability in Australia with registered number ACN 161 652 955) Issue price: 100 per cent. The £350,000,000 4.875 per cent. Guaranteed Notes due 2023 (the “Notes”) will be issued by William Hill PLC (the “Issuer”) and will be unconditionally and irrevocably guaranteed (the “Notes Guarantee”) on a joint and several basis by William Hill Organization Limited (“WHO”), WHG (International) Limited (“WHG”) and William Hill Australia Holdings Pty Limited (“William Hill Australia”) (each a “Guarantor” and, together, the “Guarantors”) and any other subsidiary of the Issuer which becomes a guarantor of the Notes after the Issue Date (as defined on page 20), as described under “Terms and Conditions of the Notes — Notes Guarantee”. References herein to the “Guarantors” shall, so far as the context permits, also include any subsidiary of the Issuer which becomes a guarantor of the Notes after the Issue Date but shall not include any subsidiary of the Issuer which ceases to be a guarantor of the Notes after the Issue Date, all as described under “Terms and Conditions of the Notes — Notes Guarantee”. References herein to the “Group” are to the Issuer and its subsidiaries.
    [Show full text]
  • Financial Statements
    It’s all about Annual Report and Accounts 2008 - 2009 1 ANNUAL REPORT 2008/2009 Contents Overview Highlights 1 It’s All About Sport 2 Sport 4 Enhancing Sport: Casino, Games and Poker 5 Supporting Our Customer 6 Chairman’s Statement 7 Group Chief Executive’s Review 9 Governance Corporate Social Responsibility 15 Board of Directors 19 Financial Review 22 Corporate Governance Statement 23 Directors’ Report 26 Remuneration Report 28 Regulatory Developments 33 Financial Statements Independent Auditors’ Report 36 Group Financial Statements 37 Notes to the Consolidated Financial Statements 41 Parent Company Financial Statements 70 Notes to the Parent Company Financial Statements 72 Other Information Notice of Meeting 78 Notes to the Notice of Meeting 80 Shareholder Information 84 Financial Summary 85 Corporate Directory 86 Highlights Key highlights zzBreadth of sports product increased significantly to over 8,000 different offers per day. zzIntroduced live streaming to supplement in:play betting. zzLaunched in Romania and South Africa. zz90+ new casino style games launched in Q4. zzReinstatement of dividend payments. 1.0p final dividend declared. Financial highlights (from continuing operations) 2009 2008 % £m £m Amounts Wagered 1,577.2 1,347.8 17 Net Gaming Revenue 163.6 144.3 13 EBITDA* 39.7 31.0 28 Adjusted Operating Profit* 31.1 24.7 26 Group Operating Profit 21.9 0.8 - Diluted EPS (p) 4.2 (0.5) - Adjusted Diluted EPS* (p) 6.0 4.2 41 Net cash** 23.8 28.6 -17 * Adjusted to exclude exceptional items, share option charge and amortisation ** Net of long term debt and customer liabilities 1 ANNUAL REPORT 2008/2009 It’s All About Sport Our ethos is ‘it’s all about sport’.
    [Show full text]
  • A Review of Online Gambling Literature
    A Review of Online Gambling Literature Amanda V. McCormick & Irwin M. Cohen A Review of Online Gambling Literature 2007 Authors: Amanda V. McCormick Irwin M. Cohen © No part of this publication may be used or reproduced in whole or in part, or stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission of the publisher. To obtain permission, contact the BC Centre for Social Responsibility at 33844 King Road, Abbotsford, British Columbia, V2S 7M8. Library and Archives Canada Cataloguing in Publication McCormick, Amanda V A review of online gambling literature, 2007 / prepared by Amanda V. McCormick and Irwin M. Cohen. Includes bibliographical references. ISBN 978-0-9864996-7-8 1. Internet gambling. 2. Internet gambling--Law and legislation. I. Cohen, Irwin M II. BC Centre for Social Responsibility III. Title. HV6710.M34 2010 306.4'82 C2010-901319-0 Contents Contents ........................................................................................................................................... 1 Introduction ..................................................................................................................................... 1 Location of Online Gambling Companies ....................................................................................... 4 Online Payments .......................................................................................................................... 5 Benefits of Online
    [Show full text]
  • DRIVING INNOVATION ACROSS OUR BUSINESS William Hill PLC Annual Report and Accounts 2011 Contents
    William Hill PLC PLC Hill William Annual Report and Accounts 2011 Accounts and Report Annual DRIVING INNOVATION ACROSS OUR BUSINESS William Hill PLC Annual Report and Accounts 2011 Contents Overview William Hill at a glance 02 Chairman’s statement 04 Business review Chief Executive’s overview 06 Our market place 10 Divisional overview 12 ‘Setting the Pace’ showcases Financial review 20 some of the ways in which we are using innovation to drive our Managing our risks 22 business forward – developing Corporate responsibility 24 our business through our service, products, technology. Governance Board of Directors 34 2011 proved to be another year Directors’ Report 36 of continued financial progress, Directors’ Remuneration Report 39 reflecting the underlying strength of the business and benefitting from Statement on Corporate Governance 52 our innovations and investments. Report of the Nomination Committee 58 Report of the Audit and Risk Management Committee 60 £275.7m Operating profit1 generated in 2011 £1,136.7m Net revenue achieved in 2011 Financial statements Statement of Directors’ Responsibilities 63 53:47 Even balance between gaming (53%) Group Independent Auditor’s Report 64 and betting (47%) Group Financial Statements 66 More detail Parent Company Independent on page 20 Auditor’s Report 104 Parent Company Financial Statements 106 Five‑Year Summary 114 Shareholder Information 115 1 Operating profit/loss is defined as pre‑exceptional profit/loss before tax, interest and amortisation of Abbreviations and Glossary 116 £3.6m (2010: £3.6m) of certain Online intangible assets (see page 114). William Hill PLC Annual Report and Accounts 2011 William Hill at a glance Chairman’s statement Overview A WORLD LEADING GAMBLING BRAND.
    [Show full text]
  • Focused on Opportunities for Growth
    William Hill PLC Annual report and accounts Focused on opportunities for growth 2016 Contents 01 48 85 Strategic report Governance Financial statements 02 Chairman’s statement 46 Board of Directors 93 Directors’ responsibilities statement 04 Looking ahead 48 Chairman’s introduction 94 Independent Auditor’s Report 10 Strategy update 50 Report on Corporate Governance 99 Group Financial Statements 12 Our business today 60 Report of the Audit and Risk Management 141 Parent Company Financial Statements Committee 14 Key trends in the market 149 Five-year summary 64 Report of the Corporate Responsibility 16 Our business model 150 Abbreviations and glossary Committee 18 Key performance indicators 151 Statement of Group Accounting Policies 66 Report of the Nomination Committee 20 Our marketplace 157 Shareholder information 68 Directors’ Remuneration Report 24 Divisional overview 90 Directors’ Report 30 Financial review 32 Corporate responsibility 40 Managing our risks 04 10 Looking ahead Strategy update Technology, Building on the the UK and good work International already underway growth 16 48 Our business model Chairman’s introduction to governance Creating Good value for all governance in stakeholders a demanding year Pages 01 to 45 form the Strategic Report of William Hill PLC for the period ended 27 December 2016. The Strategic Report has been approved by the Board of William Hill PLC and signed on behalf of the Board by Philip Bowcock, Interim CEO. 01 William Hill PLC Strategic Annual Report and Accounts 2016 report Introduction Governance Financial statements We are one of the world’s leading gambling companies. With over 80 years of heritage, William Hill is a powerful brand.
    [Show full text]
  • Trafficology-2019-December.Pdf
    Trafficology, [trah-fik-ol-uh-jee], verb, 1. The study of traffic, 2. Objective, the capacity to maximise revenue traffic AFFILIATE FOCUS BY GAMBLING INSIDER DECEMBER 2019 TRAFFIC INSIDE • THE BEST OF PLAY HARD 2019 • WHY AFFILIATES AND SUPPLIERS SHOULD LOOK TO COLLABORATION • DANGEROUS LANDING PAGES • PLAY HARD: SHAHAR ATTIAS, HYBRID INTERACTION Sponsored by: A YEAR TO REMEMBER How affiliates have advanced in 2019 the digits Traffic report Trafficology has partnered with data experts Casino City Press to provide insight into website and traffic trends across the gaming industry. Here is a breakdown of the top 20 affiliate programs overall and by continent for H1 2019, in comparison with H2 2018. overall Overall change Rank +/- Name Website Owner 1 - Bet365 Sportsbook bet365.com Bet365 Group & Racebook 2 - Caliente Sports sports.caliente.mx Grupo Caliente 3 - Bet9ja web.bet9ja.com KC Gaming Networks 4 3 Nesine.com nesine.com DOL Unibet Sports & 5 1 Racebook unibet.com/betting Kindred Group 6 1 Parimatch parimatch.com Parimatch 7 1 Olimp olimp.com Euromirbet Hollywood Bets hollywoodbets.net Hollywood Sportsbook 8 - Holdings Betfair Sportsbook 9 - & Racebook betfair.com/sport Flutter 10 4 Bovada Sportsbook sports.bovada.lv Lynton 11 6 Betika betika.com Shop and Deliver 12 2 1xBet 1xbet.com Bonnal 13 8 Sportingbet UK sportingbet.com GVC Holdings 14 1 Tipico Online Gaming tipico.com Tipico 15 3 BetPlay betplay.com.co Corredor Empresarial William Hill Sportsbook sports.williamhill.com 16 5 & Racebook William Hill 17 7 Stoiximan stoiximan.gr GML Interactive Hong Kong 18 5 Jockey Club hkjc.com HKJC 19 3 PMU pmu.fr PMU Sky Betting 20 1 Sky Bet skybet.com & Gaming Africa change Rank +/- Name Website Owner Rankings are estimated using statistical data and should not be considered absolute ranking values.
    [Show full text]
  • (2020) the Changing Business Environment for Betting Shops
    This is a peer-reviewed, final published version of the following document and is licensed under All Rights Reserved license: Jones, Peter ORCID: 0000-0002-9566-9393, Hall, Tim R and Comfort, Daphne (2020) The changing business environment for betting shops. International Journal of Management Cases, 22 (3). pp. 5-12. Official URL: http://www.ijmc.org/IJMC/Vol_22.3.html EPrint URI: http://eprints.glos.ac.uk/id/eprint/8873 Disclaimer The University of Gloucestershire has obtained warranties from all depositors as to their title in the material deposited and as to their right to deposit such material. The University of Gloucestershire makes no representation or warranties of commercial utility, title, or fitness for a particular purpose or any other warranty, express or implied in respect of any material deposited. The University of Gloucestershire makes no representation that the use of the materials will not infringe any patent, copyright, trademark or other property or proprietary rights. The University of Gloucestershire accepts no liability for any infringement of intellectual property rights in any material deposited but will remove such material from public view pending investigation in the event of an allegation of any such infringement. PLEASE SCROLL DOWN FOR TEXT. International Journal of Management Cases ! IJMC International Journal of Management Cases The changing business environmentSpecial for betting Issue shops A circular case: The circular economy and the service industriesCorporate governance in Southeast Europe: in The impactsearch of for marketing transparency agricultural products in Kosovo on increasing andtheir efcencycompetitiveness in the market toward customer loyalty Guest editors RelationshipDarko Tipuric between and Veljko Trivun promotion and customer awareness 2020Volume - Volume 14 22 Issue Issue 3 3 !1 International Journal of Management Cases ! IJMC EDITORS Editor in Chief Dr.
    [Show full text]
  • 2048 Sportingbet Accounts.Indd
    Contents Page Directors and advisors 2 Directors’ report 3 Directors’ responsibilities 5 Chairman’s statement 6 Corporate Governance 9 Independent Auditors’ report 11 Consolidated profi t and loss account 12 Balance sheets 13 Consolidated Cash fl ow statement 14 Accounting policies 15 Notes to the fi nancial statements 17 Notice of Annual General Meeting 29 Report & Accounts 2001 1 Directors and Advisors DIRECTORS P Dicks Chairman M Blandford Managing Director N Payne Finance Director C Walker Operations Director J Blower Non executive S O’Connor Non executive R Williams Non executive SECRETARY CORPORATE ADVISERS N Payne Dresdner Kleinwort Wasserstein 20 Fenchurch Street REGISTERED OFFICE London EC3P 3DB Level 6, Transworld House 82-100 City Road Daniel Stewart & Company London EC1Y 2BJ 17 St Helens Place Bishopsgate COMPANY NUMBER London EC3A 6DE 3534726 PRINCIPAL BANKERS REGISTRARS Royal Bank of Scotland Capita IRG 1 Threadneedle Street Balfour House 390-398 High Road London EC3 Ilford National Westminster Bank Plc Essex IG1 1NW 35 High Street St Peter Port AUDITORS Guernsey BDO Stoy Hayward Channel Islands GY1 4BE Chartered Accountants 8 Baker Street London W1U 3LL STOCKBROKERS Dresdner Kleinwort Wasserstein SOLICITORS 20 Fenchurch Street Linklaters & Alliance London EC3P 3DB One Silk Street London EC2Y 8HQ 2 sportingbet.com (UK) plc Directors Report The directors submit their annual report and audited Financial Directors’ interests Statements of the Group for the year ended 31 March 2001. The directors of the company during the year and their Principal activities benefi cial interests (unless otherwise stated) in the ordinary share capital of the company and options to purchase such The principal activities of the Group are the operation of shares arising from incentive schemes were as follows: interactive licensed betting operations primarily over the Ordinary shares Internet and telephone.
    [Show full text]
  • Regulating Gaming in Ireland
    12 774406 4 77 4 56 00352 52 235 6 4 3 4 3 23284 1983 7 50 218395 7 4 4 74 45311 35 452 23 2 6 7 0 1119 7502 4 21 577 5 9 5 45 10035 45 423 22 6 7 3 2 52328 1198 4 75 420 9 3 7 93 49 03496 57 34 70 2 3 7 1 56738 950 6 80 58015 5 3 20 46 32343 02 23 11 8 4 2 9 38751 454978 0 67857 3 0 70 20 0709 10 Regulating Gaming in Ireland 73 95 4 8 4 58345 264647 3 39002 2 2 11 83 02342 98 75 45 7 0 9 34068 912035 6 08110 738 95 468 94580 64 34 4 0 9 0 6904 026 0 4 5 50103 053 54 34 100 25 3 13455 01 5 1 50134 040054 5 8 3789 4250432 46 0435 81 75804 59 8 3 89985 407007 86 8972 7076121 37 7043 37 5 82734 54 1 8 01364 034285 31 286 1424504 97 34967 79034 09120 56 0 1 67380 501468 01 583 2064980 7 60540 690467 60043 52 1 2 21540 425501 50 250 4550013 5 41501 455040 56807Regulating78 3 0 Gaming55469 043507 43 580 5978802 1 985424070070 4945 15 5 5 64647 234390 28 19 7502342 9 5193454 800 7857 340in8 Ireland1 56070 811056 50 680 5801564 34 2646473 343 35232 411 9 7 34200 387519 80 496 57 03406 09 35 709 11056 80095 146 0 5 56458 520649 50 054 469 46798 60 45 010 205321540034 550 0 5 13425 345500 11 150 345 0400 56 37 834 043255469760 350 6 5 19758 6597880 1488 854 407 0705 48 0 761 053768270437 837 2 3 73455 4134582 1364 034 850 3145 07 1 567 8009501468009 580 5 8 20264 7332343 2352 841 198 4750 20 7 193 5497800349678 790 4 7 20356 0908158 5978 213 488 9854 70 67489 2707076121053Report of the Casino Committee 682 0 9 42504358273455 1345 070 364 7034 0731 28675 4245047497800 496 8Report90 of the68709120356070 1105 380 950 4680 5801 58345 0649801973501 054Casino4
    [Show full text]
  • The Gambling Act 2005: a Bet Worth Taking?
    House of Commons Culture, Media and Sport Committee The Gambling Act 2005: A bet worth taking? First Report of Session 2012–13 Volume I Volume I: Report, together with formal minutes, oral and written evidence Additional written evidence is contained in Volume II, available on the Committee website at www.parliament.uk/cmscom Ordered by the House of Commons to be printed 12 July 2012 HC 421 (Incorporating HC 1554-i to vii of Session 2010-12) Published on 24 July 2012 by authority of the House of Commons London: The Stationery Office Limited £30.50 The Culture, Media and Sport Committee The Culture, Media and Sport Committee is appointed by the House of Commons to examine the expenditure, administration and policy of the Department for Culture, Media and Sport and its associated public bodies. Current membership Mr John Whittingdale MP (Conservative, Maldon) (Chair) Dr Thérèse Coffey MP (Conservative, Suffolk Coastal) Damian Collins MP (Conservative, Folkestone and Hythe) Philip Davies MP (Conservative, Shipley) Paul Farrelly MP (Labour, Newcastle-under-Lyme) Louise Mensch MP (Conservative, Corby) Steve Rotheram MP (Labour, Liverpool, Walton) Mr Adrian Sanders MP (Liberal Democrat, Torbay) Jim Sheridan MP (Labour, Paisley and Renfrewshire North) Mr Gerry Sutcliffe MP (Labour, Bradford South) Mr Tom Watson MP (Labour, West Bromwich East) Powers The committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. These are available on the internet via www.parliament.uk. Publication The Reports and evidence of the Committee are published by The Stationery Office by Order of the House.
    [Show full text]
  • Betting Shops
    Committee: Licensing Committee Date: 28 February 2013 Agenda item: Wards: Subject: the use of the planning system to restrict betting shops in Merton Lead officer: Director for Environment and Regeneration, Chris Lee Lead member: Cabinet Member for Environment and Regeneration, Councillor Andrew Judge Forward Plan reference number: N/A Contact officer: Claire O’Donovan, Tara Butler – Future Merton team Recommendations: A. local research that does not support the restriction of new betting shops in Merton via planning policy or Article 4 Directions B. That government be requested to give betting shops their own planning Use Class, without the ability to change to other uses. 1 PURPOSE OF REPORT AND EXECUTIVE SUMMARY 1.1. The purpose of this report is to identify the number, location and change over time of betting shops in Merton and to explore whether the number of betting shops could be restricted in Merton through planning mechanisms such as developing planning policy or issuing an Article 4 Direction. 2 DETAILS 2.1. This report explores the number, location, concentration and changes over time of the numbers of betting shops in Merton and, if there is an over-concentration, whether the planning system can be effectively used to manage this. 2.2. The Gambling Act (2005) and national planning policy allow flexibility for betting shops to locate in Merton. The planning system’s Use Classes Order allows certain premises (such as cafes, restaurants, bars, pubs, estate agents, banks and takeaways) to become betting shops without the need for planning permission. However, despite this flexibility there has been little change in the number or concentration of betting shops in Merton over the past 5 years, nor is future change forecast.
    [Show full text]