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17.12.25 - 12:54
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Paddy Power and Betfair to pay £2m settlement after failing to protect users (The Guardian)
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Failings included allowing customer to place £20,000 of bets across eight-hour session, Gambling Commission found• Business live – latest updatesPaddy Power and Betfair have reached a £2m settlement with the gambling industry's regulator over social responsibility failings, including allowing one customer to bet for nearly eight hours solid.The Gambling Commission said the online betting and gaming brands, which are owned by Flutter Entertainment, had fallen “far short” of what was expected during a routine compliance assessment performed in 2024. Continue reading......
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03.12.25 - 09:18
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An eco obscenity: Norman Foster′s steroidal new skyscraper is an affront to the New York skyline (The Guardian)
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It contains enough steel to go round the world twice – and even has a fake breeze to flutter the star-and-stripes flag in its lobby. If this colossus is just the first of a new breed of bulky supertalls, is Britain next?Among the slender needles and elegant spires of the Manhattan skyline, a mountainous lump has reared into view. It galumphs its way up above the others, climbing in bulky steps with the look of several towers strapped together, forming a dark, looming mass. From some angles it forms the silhouette of a hulking bar chart. From others, it glowers like a coffin, ready to swallow the dainty Chrysler building that trembles in its shadow. It is New York's final boss, a brawny, bronzed behemoth that now lords it over the city with a brutish swagger.Fittingly, this is the new global headquarters of JP Morgan, the world's biggest bank. The firm enjoys a market capitalisation of $855bn (£645bn), more than Bank of America, Wells Fargo and Citigroup's combined, and it looks as if it might have s...
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29.11.25 - 16:06
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Brussels Bends The Knee: EU Signs Off On Deep Tariff Cuts For American Goods (ZeroHedge)
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Brussels Bends The Knee: EU Signs Off On Deep Tariff Cuts For American Goods
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
European Union (EU) countries have endorsed sweeping tariff cuts for American farm and manufactured products, adopting negotiating mandates that move the bloc closer to eliminating all remaining duties on U.S. industrial goods and opening new preferential access for a broad range of American agricultural exports.
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, on July 16, 2025. Yves Herman /Reuters
The decision by the European Council, announced on Nov. 28, clears the way for talks with the European Parliament on two regulations that implement the tariff elements of the Aug. 21 EU–U.S. Joint Statement—an accord that aims to stabilize transatlantic trade ties, reduce tensions, and rebalance two-way commerce amid lingering disputes over metals, tariffs, and digital-sector rules.
The first regulation would zero out t...
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27.11.25 - 10:18
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Paddy Power owner says raising online gambling taxes will hit profits hard (The Guardian)
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Flutter says move in budget will affect underlying earnings by about $320m in 2025-26 and $540m in 2026-27.Business live – latest updatesThe Paddy Power and Betfair owner, Flutter Entertainment, has warned the budget move to increase UK gambling taxes will hit its annual profits by $860m (£650m) over the next two years.The chancellor, Rachel Reeves, announced on Wednesday that remote online gaming duty would rise from 21% to 40%, while online sports betting – excluding horse racing – would increase from 15% to 25%. Continue reading......
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26.11.25 - 22:06
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Flutter Response to Tax Changes within UK Budget (GlobeNewswire EN)
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NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE: FLUT; LSE: FLTR), the world's leading online sports betting and iGaming operator, notes changes to gaming taxation announced by the UK Government in its autumn budget....
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