Raiders Of The Last Arc

The BBC has signed a one-year deal to cover Europe’s greatest all-age middle distance race, the Prix del’Arc de Triomphe, in Paris in early October, but the minimum term contract has racing fans wondering if this will be the last time the great event will be shown on terrestrial television, writes Elliot Slater. In view of …

Bingo Tax Duty Cut

Some good news for bingo players in today’s budget, Chancellor Alistair Darling has announced that the tax duty on real world bingo halls will be cut from 22% to 20% in April 2010. However, it’s really a case of one step forward and two steps back, after the tax hike from 15% to 22% was …

Macau Casinos Up 59%

The former Portuguese colony of Macau (now a Special Administrative Region of the People’s Republic of China) has bucked the credit crunch to announce a rise in gambling revenues from it’s casinos. The numbers are impressive to say the least, up 59% on last year. With such a positive upturn in fortunes for Macau’s casino industry …

Top Trumps

Business mogul Donald Trump has ended his stand-off with bondholders of Trump Entertainment Resorts, by settling for a 10% stake in the business once it comes out of bankruptcy. It follows a long stand battle by Trump and his daughter Ivanka to cease control of the casino business, which went into administration in February of …