Betting and Gaming
The betting and gaming industry has taken an evolutionary leap in recent years. Coupled with its huge global expansion, radical legislative changes in the UK and internationally are opening up increased opportunities for businesses. However, these changes are also bringing new levels of risk - particularly from increased international competition, jurisdictional issues and the introduction in the UK of a single regulatory body to oversee gambling.
Our betting and gaming lawyers have first-rate industry experience in assisting domestic and international operators, vendors and those engaged in providing operational, marketing and other services to the industry. Our team has been involved in many of the landmark online gambling transactions. We can guide you through the financial opportunities whilst ensuring you remain protected from the potential legislative and regulatory pitfalls.
Our expertise covers:
For further information about our services or to discuss a particular initiative or situation, please contact Susan Breen on +44 (0)20 7440 7434 or by email.
Work Highlights
Recently, members of our team have advised the following:
- Two of the founders of Party Gaming Plc on its £4.64b IPO.
- The owners of sportsbook.com on its $180m sale to Sportingbet Plc. Also on restructuring of the earnout in 2003 and settlement of loan notes during the Paradise Poker acquisition by Sportingbet in 2004.
- Antigua-based ISC Entertainment Inc. on the sale of its marketing operations for sportsbook.com and other sites to Sportingbet Plc.
- A well-known London Football Club on a joint venture with a US operator to develop a casino at its football ground.
- Poker and other software developers on their exit or redomiciling options in Europe, Canada, the Caribbean and UK.
- Offshore clients on the impact of the draft Gambling Bill on their online businesses.
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