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Industry
June 9, 2022
Brits in Poor Areas Lose Thousands to Gaming
A recent gambling study shows that gambling losses in the United Kingdom tend to be very high in less well-off areas. Commissioned by GambleAware, the concerning data shows that almost half a million Brits lose thousands a year. Gamblers Lose Thousands a Year According to the research, about 420,000 gamblers in Britain lose $2,500 a […]
Casino
June 9, 2022
Football Index Clients Lose Hope as UK Minister Denies Them Compensation
A UK cabinet minister announced that the government would not provide any compensation for clients of failed sports betting company Football Index. This decision comes more than a year after the UK gambling commission stripped Football Index of its gambling license and quashed the hopes of thousands of customers. Football Index Suffered a Swift and […]
Legal
June 8, 2022
UK’s Gambling White Paper Postponed Yet Again
The release of the United Kingdom’s white paper review of the Gambling Act 2005 still lacks a date. The review has sparked countless discussions and arguments as some demand stricter rules to be introduced. The White Paper Will Come out “In the Next Few Weeks” During a recent debate at the Westminster Hall, Nigel Huddleston, […]
Industry
June 7, 2022
Gambling Study Offers an Insight Into UK’s Gambling
While the UK Gambling Commission (UKGC) has been working effortlessly in an attempt to show its support for gamblers in the UK, it has also continuously reinforced its clear and concise message of gaming responsibility and accountability for operators, licensing bodies, and consumers alike. In spite of the rich array of regulations in the country […]
Business
June 7, 2022
Swifty Global Acquires UKGC-Suspended Operator Goldchip
Financial and sports betting technology solutions provider Swifty Global has confirmed its acquisition of Goldchip, a UK-focused betting firm that recently had its license revoked by the country’s regulator. The acquisition paves the way for Goldchip’s return to the market, as its new owner already possesses UK and Curacao gambling licenses. A Second Chance for […]
Legal
June 6, 2022
Bettors Believe Johnson Will Win the Vote of Confidence
Boris Johnson will be subjected to a vote of confidence by other Party members. However, bettors believe he will not lose his post as the PM of the UK. Smarkets Users Voted in Favor of Johnson The vote of confidence was triggered today as the chairman of the 1922 Committee, Sir Graham Brady, announced that […]
Industry
June 6, 2022
BGC Forecasts 15,000 New Tech Jobs in UK Gambling
Britain’s Betting and Gaming Council promised that the growing gambling industry will create 15,000 new tech jobs in five years. This comes as a part of the Leveling Up agenda that seeks to expand the local regulated market. The BGC Expects 15,000 New Tech Jobs in the UK Gaming Sector Professional analysts forecast that the […]
Industry
June 3, 2022
UK Gambling Commission Publishes New Research, “Path to Play”
The UK gambling commission recently released the result of its newest research regarding the betting habits of gamblers. The Path to Play examines the key milestones and stages which gamblers go through and shows how gambling experiences can differ for different people or in varying contexts. The survey included 937 people who had gambled within […]
Industry
June 2, 2022
GambleAware Focuses on Community-Driven Approach with Lived Experience Council
GambleAware, a UK-based charity focusing on tackling problem gambling, is actively pursuing a course that will clean up the industry from harm and enable consumers to enjoy better gambling experiences. This cannot be achieved without the input from industry stakeholders and ordinary people, and the latest Lived Experience Council is a new attempt by the […]
Industry
June 1, 2022
Allwyn’s Merger with SPAC Cohn Robbins Pushed Back to Q3
A multi-billion special purpose acquisition company (SPAC)-type merger slated to complete in the second business quarter of 2022 has now been postponed for the third quarter and is dependent on the US Securities and Exchange Commission (SEC). Standard Regulatory Reviews The $9.3 billion merger between Allwyn Entertainment and SPAC Cohn Robbins Holdings Corp and the […]
