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Industry
June 30, 2022
SportsBroker – Responsible But Still Unlicensed
SportsBroker, a virtual stock market for sports shares that “rise and fall based on team performance” continues to be operational in the UK, despite lacking a license, EGR reports. According to regulators, the company’s offerings do not constitute gambling. SportsBroker Is Yet to Receive a License SportsBroker is a company that introduces a novel form […]
Legal
June 30, 2022
Camelot to Continue Its Battle Against UKGC in October
Camelot, UK’s former National Lottery license holder, has vowed to go forth with its legal battle against the country’s regulator even though the UK High Court decided to lift the ban on the license transition and give it to Allwyn after Camelot held it for 28 years. The Case Is Set to Resume in October […]
Industry
June 30, 2022
UK’s Upcoming Gambling Reform Continues to Attract Controversy
The UK government will likely unveil its new gambling reforms within days. The changes are motivated by the explosive growth of online betting and the increased threat of gambling addiction. Recent rumors about some suggestions getting removed from the white paper caused an uproar among anti-gambling campaigners. Gambling Regulations in the UK Are in Dire […]
Sports
June 30, 2022
Sunderland AFC Strikes Spreadex Shirt Sponsorship Deal
Sunderland AFC announced today a three-year partnership with UK-based financial trading and sports betting company Spreadex ahead of the Sky Bet Championship 2022-23 Season. Shirt, Stadium and Digital Brand Exposure Under the terms of the deal, Sunderland players’ shirts will feature the Spreadex Sports logo during both home and away matches until the summer of […]
Sports
June 29, 2022
Report Reveals Insights for Environmental Sustainability of UK’s Racing Industry
A new report reveals what environmental risks, challenges and opportunities the British racing industry is facing. Sustainability Consultant Releases a New Report White Griffin, the sustainability consultant within the sports and music sectors, released details regarding a new report called “Environmental Sustainability in British Horseracing.” The white paper was prepared for the British horseracing industry. […]
Legal
June 29, 2022
UK’s DCMS Abandoned Gambling Shirt Sponsorship Ban
British soccer will avoid the ban on shirt sponsorship according to a report in The Times which claims that the government backtracked on the measure and instead, elected to seek voluntary agreements with clubs. Backtracking on Radical Reforms The report claims that the proposal to stop betting companies from signing shirt sponsorships with soccer clubs […]
Lottery
June 29, 2022
Court Allows UKGC to Name Allwyn as Lottery Operator
Great Britain’s High Court has revoked the suspension of Allwyn’s licensing as the next National Lottery operator. The UKGC recently chose the Czech company to inherit the position from Camelot, much to the latter’s dismay. High Court Allows the UKGC to Begin Licensing Process The High Court had barred the UKGC from officially licensing Allwyn […]
Legal
June 29, 2022
UK Woman Faked Cancer to Get $55K for Gambling
A British woman scammed people for $55,000 only to waste the money on expensive trips and a losing gambling streak. Because of her irresponsible spending, the fraud quickly went destitute and will have to repay only about $6. Elkabbas Manipulated People on the Internet Nicole Elkabbas, 44, preyed upon people who wanted to help by […]
Industry
June 28, 2022
YouGov: A Third of UK Bettors to Turn to the Black Market amid Reforms
New research by YouGov, a British international Internet-based market research and data analytics firm, assessed how bettors in the United Kingdom feel about the proposed restrictions. It turns out that many of them aren’t happy and may turn to the black market. Punters Aren’t Happy with the Proposed Restrictions As the United Kingdom anticipates the […]
Lottery
June 28, 2022
Camelot Gave $2.3B to Charity despite Lower Revenues
Camelot, Britain’s current National Lottery operator, posted its financial results for the 2021/22 fiscal year ending on March 31. According to the results, the company experienced a slight decline in ticket sales. Camelot Posted Its 2021/22 Results Camelot sold a total of $9.8 billion worth of tickets. Although impressive, this number is 3% lower than […]
