He is going in studs up. What is the end game?
Iād say Yatesy junior has had a few sherries. He unloaded on Icy on a Twitter spaces a few months ago half cut
Sure itās to do with payouts over 2k. Iām not sure what difference they hoped that would make?
Youād have to do the KYC check up front if bet was 2k apparentlyā¦this way they only needed to do it if horse won
Whatās the gist of it?
Yatesy in top form on Virgin Media tonight.
Why did he not just place bet with one of the on course firms
How many shops did Paddy Power cut back to the last time? Ladbrokes have gotten out, BarOne must be the next biggest in terms of outlets now
Wonāt be many takers for them Iād imagine. Way too many shops and like ghost towns. Would require enormous investment then to break into big new markets (USA for example).
Yeah, I have to agree with that. I think the day of the high street bookies is coming to an end. Anytime Iām inside a place now, itās either empty or full of fellas with drug addictions, itās only a social service for them. Iāve seen their beaten dockets, one euro, two euros on the numbers or some other rubbish like toy racing.
Last time I was in, there was a young upcoming drug dealer, giving verbal abuse to a nice wee girl behind the counter, Thatās about the only sort of interaction there is now. No, Iād say the high street bookies are done
Once Powers starting cutting back the writing was probably on the wall.
Not following it too closely but seems new/upcoming regulations in the UK will have a big impact and seems to be thoughts (among people with vested interest) that a lot of people will switch to black market companies.
Not sure if thats really plausible. Everything is so tightly policed with suspicious transactions regulations, I cant see how an unlicensed bookie would operate with any significant turnover
Can someone post that up does it mention a valuation? Current profits etc?
Yeah unsure about that as well. I suspect a fair bit of scare mongering.
Imagine canāt provide with any sort of accurate figures as to many people use unregulated/black market bookies.
Hard enough get legal bookies to payout. Dunno how you could punt with confidence with some random on whatsapp
The black market just refers to bookmakers operating offshore say but without a license to operate in Ireland. So itās illegal as the state canāt tax them but also they canāt really touch them. It doesnāt just refer to some fella operating out of a terraced house on whatsapp. But yeah if youāve a big win with them youāve no right to legal recourse then if they refuse to pay out. Probably be grand for most recreational/mug type punters though.