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Industry
January 18, 2021
UKGC’s Proposed Gambling Law Reform Faces Controversy
UKGC’s proposed amendment of Great Britain’s Gambling Law faces controversy, as it would be a “significant invasion of personal freedom,” critics say. “Invasion of Personal Freedom” The focus of the British lawmakers to reform Great Britain’s gaming laws faces controversy in the country, opened to debate by an anonymous letter recently sent to the British […]
Legal
January 18, 2021
Gambling Law Changes May Bring Unintended Consequences, Warns BGC
The Betting and Gaming Council in the UK released a video outlining the importance of changes that may be done to the gambling law in the country. The Council warned that such changes may bring unintended consequences such as pushing more people toward the black market. UK’s Regulated Gambling Industry Is a Safe Bet, Says […]
Industry
January 18, 2021
UK Gambling Operators Criticized for Overstating Black Market Threat
The UK regulatory body said a recent report from PwC exaggerated the size of the unlicensed gambling market in a bid to soften the upcoming changes in the gambling law. Gambling Operators in an Attempt to Prevent Tighter Regulations The UK Gambling Commission (UKGC) has criticised some gambling companies for preparing a “dodgy” report about […]
Casino
January 14, 2021
HRI to Expand London Portfolio, Acquires Casino Premise License
The globally recognized brand, Hard Rock International, announced that it acquired a casino premise license from The Ritz Club in London, UK. By acquiring the license, the company will be able to expand its existing London portfolio and establish a new venue. HRI Acquires Casino Premise License in London One of the most globally recognized […]
Sports
January 12, 2021
UK Horseracing Industry Can Face £60m Yearly Loss Due to Affordability Checks
The horseracing industry fears the financial loss of £60 million a year from the proposed affordability checks. There is a template letter by senior figures, addressed to parliament. The letter is intended for lawmakers to propose to Gambling Commission (UKGC) to reconsider the proposal. UK Horseracing Can Face a Substantial Loss Due to New Measures […]
Sports
January 10, 2021
MansionBet Extended Sponsorship Deal with ARC and JCR
MansionBet, the sports betting brand of Mansion Group, decided to extend its sponsorship deal with Arena Racing Company (ARC) and Jockey Club Racecourses (JCR) as part of the continued in 2021 support of British racing. “We are both excited and proud to continue our support of British racing into 2021. Having taken huge steps forward […]
Industry
January 9, 2021
Gambling Addict Goes to Jail for Stealing Company Money
Swindling company money would cost you jail time – that was the message Deputy Circuit Judge Neil Bidder QC sent out when he sentenced a financial director who stole over £800,000 to satisfy gambling addiction. Siphoning Company Money Lauren Farr, 34, of Spring Grove, Cwmbran, Monmouthshire, was sentenced to 32 months in prison after admitting […]
Industry
January 9, 2021
UKGC Looking to Improve Research Methodology On Gambling Behaviour
The UK Gambling Commission is looking for feedback and guidance on improving its research methodology on gambling behavior and addiction. UKGC Adjusts Research Methodology The UK Gambling Commission (UKGC) is looking to adjust and refine its research methodology on gambling and gambling addiction. To that end, the UKGC has launched a consultation for feedback and […]
Business
January 6, 2021
Peel Hunt: 888 Holdings Represents 2021 Growth Potential
Gibraltar-based online gambling group 888 Holdings was the only gambling industry representative to feature in a list of 41 stocks which the UK investment banking company Peel Hunt outlined for top growth in 2021. Growth Potential List Urged by the tumultuous financial 2020 due to the economy-wide knock-on effects of the coronavirus spread and the […]
Business
January 5, 2021
UK’s New Lockdown Brings Hardships for the Gaming Industry
Due to the ongoing COVID-19 pandemic and a significant increase in positive COVID-19 cases, the UK entered into a new lockdown. The new measure ordered the closure of “non-essential” businesses and may last until mid-February. New Lockdown in UK Closes “Non-essential” Businesses In light of the ongoing pandemic, the UK rolled out additional restrictions aiming […]