Saturday, February 4, 2023


Gibraltar’s tax challenge comes to a close

Betting Business - Gibraltar Brexit Girls Gibraltar's
Gibraltar's attempt to escape a UK tax on offshore betting fell at the final hurdle on Tuesday 13 March, as the EU’s top court ruled ‘the Rock’ could not be considered a separate entity for tax purposes.   The European Court of Justice was called to make a final decision, after Gibraltar's Betting and Gaming Association (GBGA) argued at the UK’s...

Kenny Alexander: Running against the pack

BBi - Kenny Alexander GVC
In an interview with the Evening Standard, Kenny Alexander, CEO of the snowballing GVC Holdings, says a dependency on betting shops is “not a poison pill to any deal”.   If there’s one betting boss acutely unfazed by the Damoclean prospect of a triennial review, it’s GVC’s Kenny Alexander. While the campaign to cut FOBTs is “ridiculous”, he tells the London Standard,...

Merger success puts GVC back in MA market

Betting Business - GVC M&A
GVC Holdings, a company that only four years ago was valued at less than £100m, is today worth in excess of £2bn. Having been built on the back of M&A success, CEO Kenny Alexander, says he’s definitely in the market for another transformative transaction.   Isle of Man-based GVC Holdings issued its first full year figures in March, since its acquisition...