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Casino
July 16, 2020
Genting Closes Casinos Permanently, Redundancy Consultation Underway
Genting UK, a subsidiary of Malaysian gaming and hospitality group Genting Malaysia Berhad and operator of casinos in the UK, announced that 1,642 jobs across its gaming properties are at risk of redundancy. Suffering unprecedented challenges and heavy losses due to the casino closures in the country is forcing Genting into taking some heartbreaking decisions. […]
Industry
July 9, 2020
UKGC Calls for Changes on Online Slot Games Aiming at Safer Gambling
The Gambling Commission in the UK has launched a consultation regarding proposed changes for online slot games. With those changes the regulator is ultimately planning to reduce gambling-related harm. The GC Urges for Changes Making Online Slot Games Safer for Users July 9, the United Kingdom Gambling Commission (UKGC) started consultations regarding changes of the […]
Casino
July 6, 2020
UKGC Report Shows Gambling Activity Going Up Slightly
A latest report by the UK Gambling Commission shows a slight increase in gambling activities. Revenue increase is also observed based on numbers from the most recent report. Updated UKGC Report Suggests Gambling Activity Increase The UK Gambling Commission released its latest report regarding gambling customer activity during the lockdown. According to the report, the […]
Sports
July 3, 2020
No Bookmaker Logos on Football Shirts, Committee Recommends
Sports betting firms should be phased out of English football, a Select Committee within the House of Lords recommends. Besides shirt sponsorship restrictions, the committee also states that there should be no gambling-related advertising in or near sports grounds or venues, including match-day programs. Phase Bookmakers Out of Sports The cross-party committee set up with […]
Legal
July 2, 2020
UK House of Lords Urges for Reclassification of Loot Boxes
House of Lords Gambling Committee in the UK released a report pointing out that loot boxes need to be urgently reclassified as gambling products. The committee outlined potential danger pertaining to gambling-related harm and asked for simultaneous changes. Report: House of Lords Urges for Regulation of Loot Boxes as Gambling Products The House of Lords […]
Business
July 1, 2020
William Hill to Combine Retail and Online Business in the UK
Sports betting and gaming giant William Hill has announced that the company will combine its online and retail business to help it boost results in 2021 and seek a more streamlined approach of doing business in future. William Hill Merges Online and Retail Businesses, Shuts Down Offices William Hill has revealed plans to merge its […]
Industry
June 29, 2020
Committee: DCMS and GC Failed to Protect Consumers
The Public Accounts Committee which examines the value for money of Government projects, programs, and service delivery, published recently a report regarding its “Gambling regulation: problem gambling and protecting vulnerable people” ongoing inquiry. The Committee exposed the glaring deficiencies of the UK Gambling Commission (GC) and the Department for Digital, Culture, Media & Sport (DCMS) […]
Business
June 27, 2020
ABSG: First Progress Report and Year Two Recommendations
The Advisory Board for Safer Gambling (ABSG) issued Thursday its first progress report, urging stakeholders to speed up progress towards achieving the goals. The independent advisory body was set up to support the National Strategy to Reduce Gambling Harms initiative by the Gambling Commission, a 3-year plan for cross-industry collaborative approach implementation. Towards a Safer […]
Legal
June 26, 2020
Experts Say BGC Exceeded Privileges in Redirecting $125m Funding
Redirecting $125 million to GambleAware “in a last-minute call” has prompted addiction experts in the UK to raise an alarm over the gambling industry’s clout in how money dedicated to stemming problem gambling is used. Gambling Firms Have Too Much Say in Directing Funding, Say Experts Following the news from a week ago that industry […]
Legal
June 21, 2020
High Value Customers Get a Say in UKGC Redrawing of VIP Schemes
The UKGC has started a consultation which will run through August 14 and seek the input of high value customers to help regulate the high-roller and VIP segment without dealing a major blow to the gaming industry. Overregulation Prompts UKGC to Seek VIP Players Opinions With over-regulation the new buzzword in the United Kingdom, the […]