Business
February 21, 2022
Playtech CEO Weizer Willing to Join Investors behind TTB Partners
British gambling software maker Playtech continues to be making the headlines after an official statement today revealed its chief executive officer and a former director are willing to join the group of investors behind the latest candidate to acquire the company. CEO Backs Potential Buyers Playtech stated chief executive officer Mor Weizer and former company […]
Industry
February 21, 2022
Betting and Gaming Council Report Shows Fallacy of Over-regulation
Governments and regulators continue to turn the screws on the clamps holding down the regulated gambling industry. As they do, they are inadvertently allowing the size of the unregulated market to grow. This is the revelation of a new report conducted by the Betting and Gaming Council (BGC), which shows that offshore gambling across Europe […]
Industry
February 21, 2022
UK MPs Are Flooded with Freebies Ahead of the Gambling Act Review
Betting operators in the UK have flooded MPs with around £100,000 ($136,000) in freebies as the review of the Gambling Act of 2005 is about to begin. As the Daily Mail reports, rumors are now circulating that the operators are basically trying to buy some friends in the Parliament to rule in favor of the […]
Industry
February 21, 2022
NHS Confirms to Stop Accepting Money from Gambling Industry
The National Health Service has confirmed that it will no longer accept payments and financial assistance by gambling firms to fund treatment services. This comes as the NHS launches two new clinics to treat addiction in Southampton and Stoke-On-Trent. NHS mental health director Claire Murdoch confirmed the news with GambleAware, an NGO that has been […]
Industry
February 18, 2022
BGC Calls UK Government to ‘Learn Lessons from Abroad’
The Betting and Gaming Council (BGC) issued a warning to the UK Government ahead of the release of its White Paper the industry is at a dangerous crossroads, citing research on black markets in other European countries following the introduction of strict new gambling measures. Gambling Industry at a ‘Dangerous Crossroads’ The BGC that was […]
Industry
February 18, 2022
Latest UKGC Data Shows Increase in Online Activity, Decrease in Revenue
The UK Gambling Commission (UKGC) has provided an update on the revenue status of online gambling in the country. This latest data includes corrections to information previously published and covers the third fiscal quarter. That corresponds to the last quarter of 2021, in which online gross gaming yield (GGY) saw a financial drop despite an […]
Industry
February 16, 2022
The UKGC Updated Its Guidance on Fair and Transparent Terms and Practices
In order to ensure the British bettors’ safety, the United Kingdom’s Gambling Commission has updated its guidance on fair and transparent terms and practices for gambling operators. This update comes in the wake of malpractices by some of the commission’s licensees. The UKGC Asked Operators to Maintain Transparency The authority has noted that some of […]
Industry
February 16, 2022
GamCare Lobbies for Self-Exclusion Scheme for High-Risk Traders
Leading UK supplier of problem-gambling support, free information, and guidance GamCare has expressed its concern regarding high-risk stock trading. Acknowledging the growing risks associated with these activities, the charity recommends the introduction of a self-exclusion scheme for high-risk traders. GamCare Noticed Similarities Between High-Risk Trading & Compulsive Gambling While the majority of people usually trade […]
Legal
February 16, 2022
London Man Gets Jail After Embezzling Charity’s Funds to Gamble
After being found guilty of embezzling more than £200,000 ($271,200) from a charity he was meant to support, a man from London will now be shipped off to prison. According to My London News, Manjinder Virdi, 37, was working as a financial officer for the unnamed charity and siphoned off the funds into his personal […]
Sports
February 16, 2022
Tyson Fury Says He Would Not Endorse Gambling Partnerships
Tyson Fury hardly needs an introduction but for those of you who aren’t aware, the man is one of the most entertaining boxers of our time. Known as “The Gypsy King” to fans, his flamboyant personality, and outstanding fighting record have made him one of the most-watched fighters. His rivalries with Deontay Wilder and verbal […]