iGB Affiliate 43 Feb/March 2014 | Page 91

WEBMASTER WORLD “Retail conditions and pressure on disposable income have created challenges for the industry, particularly in the more traditional bricks-andmortar subsectors.” 160 140 120 Index 100 80 60 40 20 0 Feb-07 Feb-08 EY betting & gaming index Feb-09 Feb-10 However, this hypothesis is not supported by the performance of the shares included within the betting and gambling index. GRAnT HUMpHReY and ADRiAn CHeoW are assistant directors in ERNST & YOUNG’s Transaction Support team in the UK, specialising in the betting and gaming sector. Figure 3 Feb-06 the overall decline in household expenditure. Feb-11 FTSE 350 travel & leisure index Feb-12 Feb-13 FTSE 100 index eRnsT & YoUnG is a global leader in assurance, tax, transaction and advisory services. Our global betting and gaming team have a deep knowledge of the sector, with a proven track record of working with land-based and remote betting and gaming client, as well as regulators. iGB Affiliate FEBRUARY/MARCH 2014 91