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Business
March 25, 2022
bet365 Waived £120m Stoke City Debt, Converted into Shares another £40m
bet365 Group, an online gambling business operating out of Stoke-on-Trent and owner of Stoke City FC, announced this week a reduction of the English Football League (EFL) club’s debt by £160million ($211.2 million). ‘More Long-Term Stability for the Club’ The reduction which took place in a debt conversion of £40million ($52.8 million) of shareholder loans […]
Industry
March 24, 2022
YouGov’s Research Gives ‘Credence to Industry’s Concerns’
A survey conducted by global public opinion and data company YouGov confirmed industry fears that a further tightening of the regulated gambling market in the UK is likely to work in favor of the black market. Regulation is Very Important Conducted across a demographic of UK bettors who had wagered on sports in the previous […]
Industry
March 23, 2022
GambleAware Launches Treatment and Support Awareness Campaign
Independent UK charity commissioning gambling prevention and treatment services GambleAware alerted the public that an estimated 1.4 million people suffer from harms related to gambling as gambling levels returned to pre-pandemic levels. Gambling Harm Still Misunderstood GambleAware is ringing the alarm as it launches a campaign to raise public awareness of the treatment and support […]
Industry
March 23, 2022
Study Says ‘Play Breaks’ Help Gamblers Spend Less
A new study by the Journal of Gambling Studies may have the key to mitigating gambling harm and helping excessive gamblers find the means to counterweigh their excessive gaming behavior in the long term. While the study did not target problem gamblers per se, it focused on those who tend to gamble the most and […]
Blockchain
March 23, 2022
ASA Warns 50 Crypto Companies for Misleading Advertisement
The high-risk profile of crypto investment and its dubious returns have made many suspicious of this activity. Some, including regulators, have likened investing in cryptocurrency to a form of gambling, and a good number of observers agree it is. Now, the UK’s advertising watchdog has had to step in and issue yet another warning to […]
Industry
March 22, 2022
Camelot Fined by the UK Gambling Commission over Mobile App Breaches
Camelot is facing some struggles connected to the UK National Lottery. Shortly after it was announced that it will lose its lottery license, the company has now been fined by the UK Gambling Commission for 3 failures that are connected to its mobile app. The Breaches Were Significant and the Total Fine Exceeds $4 Million […]
Industry
March 22, 2022
BGC Tells Gambling Act Reviewers to Watch Out for Unintentional Side Effects
The Betting and Gaming Council continues to lead the offensive against regulatory changes in the United Kingdom that may have unintended negative consequences for businesses, consumers, and the treasury. BGC chief executive Michael Dugher issued a statement on how re-regulating the industry in a time of a global pandemic may compound the already existing issues […]
Industry
March 17, 2022
Leading Global Aggregator Betting.bet Announces Mobile App Launch
Betting.bet, the leading global online betting aggregator, has announced that it launched its mobile app for customers in North America and the UK. North America, UK Users Can Now Enjoy Betting.bet’s App The new application gives users access to the latest bonuses, cashback offers, free bets and free spins. Thanks to the recent launch, Betting.bet’s […]
Business
March 16, 2022
STS Introduces Horse Racing for Customers in the UK
STS Holding, the leading sports betting company in Poland and Europe, has announced that it included horse racing to its offering for customers in the UK. Under a New Deal, STS Includes Horse Racing for UK Customers The recent expansion was facilitated thanks to a deal inked between STS, Pythia Sports and At The Races […]
Sports
March 16, 2022
Johnson Fury Endorses Gambling with Freebets.com’s Partnership
Unlike his son, Tyson, Johnson Fury has no problem with accepting or endorsing betting brands. Just a few weeks after Tyson gave a public statement in which he said he would not be endorsing any alcoholic beverages or gambling, citing his own struggles with addiction, John has now accepted to become a brand ambassador for […]