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Industry
June 3, 2021
Report Shows that Proposed Gambling Reform Measures in the UK Could Cost Operators $1bn in Profits
Gambling reform proponents in the UK are daft. That’s the view of many in the industry, especially after a series of proposals have been released over the past year that shows a certain lack of understanding of basic economics. Peers for Gambling Reform, the Social Markets Foundation (SMF) and the All-Party Parliamentary Group (APPG) on […]
Industry
May 28, 2021
Report by the British Gambling Commission Shows How COVID-19 Impacted UK Gaming
The global gaming industry is curious to see, as quickly as possible, the exact impact COVID-19 had on gaming revenue everywhere. Figures are being reported more often, even if they’re sometimes incomplete, as industry players try to determine their next moves. The British Gambling Commission (BGC) had historically issued an annual report on the state […]
Industry
May 18, 2021
British Gamblers Skeptical of Crypto but Likely to Use It
A YouGov survey has assessed attitudes towards cryptocurrencies among the gambling and non-gambling population in Britain. Gamblers Take Dim View of Cryptocurrencies New research by YouGov has looked into gambling tendencies in British society and specifically focused on attitudes towards the use of cryptocurrencies, factoring in general knowledge of these digital assets as well as how they […]
Industry
May 17, 2021
UK Land-Based Gambling Facilities Can Reopen as of May 17
Casinos and Bingo halls in the UK are allowed to open again as of today, May 17, as the government moved to the next step of its lockdown exit. UK Casinos and Bingo Halls Finally Allowed to Open UK Land-based gambling facilities have suffered a third national lockdown in January, along with venues in Scotland […]
Legal
May 14, 2021
Stakers Weighs Its Options as Appeal to Lift License Suspension in the UK Fails
It’s a well-known fact in the gaming space that the UK Gambling Commission (UKGC) expects gaming operators to toe the line at all times and that it doesn’t allow much margin for error. The regulator has repeatedly cracked down on companies that it feels aren’t playing by the rules, issuing fines, suspending licenses, and even […]
Casino
May 13, 2021
Aggregator Relax Gaming Receives UK Gaming Supplier License
Gibraltar subsidiary of iGaming aggregator and content supplier Relax Gaming was granted gaming supplier license by the UK Gambling Commission, the company announced in a press release today. New Growth Opportunities The approval for one of the world’s strongest markets for online casino games will open up new opportunities for Relax Gaming’s suite of quality […]
Sports
May 13, 2021
Premier League: £4.5B Deal Renewal Needs Government Approval
A formal approval by the UK Government is the final hurdle the new media rights deal of the Premier League with its current broadcast partners needs to overcome to become reality. Renewal Alleviates Value Concerns The Premier League and Sky Sports, BT Sport, Amazon Prime Video, and BBC Sport agreed to renew their £4.5 billion […]
Legal
May 12, 2021
ASA Issues a Ruling on Paul Coleman’s VIP Inner Circle
The Advertising Standards Authority issued a ruling today regarding the text of an ad appearing on Paul Coleman’s website. The texts relate to advertising a money-back guarantee and suggest that gambling may provide an alternative to employment, which according to the ASA breaches CAP Code Rules. ASA Reveals a Ruling Regarding an Online Ad The […]
Legal
May 10, 2021
Football Index Administrators Begin Allocating Customer Funds
Administrators at BetIndex, operators of sports betting platform Football Index, initiated the process of allocation of funds to current and former users of the platform at a hearing in the Royal Court in Jersey today. Formal Launch of Funds Allocation Initiated Insolvency practitioner firm Begbies Traynor which was appointed in late March to administer the […]
Business
May 5, 2021
Aspire Global Achieved Q1 2021 Record High Revenue and EBITDA
Aspire Global released in a trading update today its 2021 first quarter report posting another quarter of record high revenue and earnings before interest, tax, depreciation and amortization (EBITDA). Quarter Figures The technology solutions provider for the iGaming industry picked up in 2021 right where it left in 2020, posting revenue of €48.1 million for […]