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Industry
April 18, 2024
Betting Disputes Go Up as Gambling Addicts Seek Legal Help
Ellis Jones Solicitors, a legal company formed seven years ago in the south-east of the UK says its betting disputes department has recouped £6 million ($7.48 million) since it first opened its doors to the clients. The firm’s evolution comes to prove the increasing gambling addiction problems in the industry as well as the ongoing […]
Business
April 18, 2024
Rank Group Posts Q3 Report, Highlights Strong Performance in UK & Spain
The Rank Group has published its financial report for the third quarter of the fiscal year (the quarter ended March 31, 2024). In its trading update, the company outlined increases across the board, just as expected by the board. The group’s LFL net gaming revenue (NGR) for Q3 stood at £182.3 million ($227.4 million), representing […]
Business
April 17, 2024
Handelsbanken Fonder Challenges Endeavor’s $13B Take-Private Deal
Swedish banking institution Handelsbanken Fonder AB has launched a legal challenge against Endeavor Group Holdings‘ proposed $13 billion take-private deal. The move aims to halt the acquisition led by private equity titan Silver Lake Capital, which seeks to delist Endeavor from the New York Stock Exchange. Allegations of Insider Favoritism Rock High-Stakes Buyout Endeavor, the […]
Industry
April 16, 2024
UK: Man Kicks Gambling Addiction after Losing Millions
Excessive gambling can often lead to trouble for many people who spend more than they can afford to. Chasing losses and attempting to win back more than losing is a trap that many fall into and have trouble getting out of. Ultimately, such actions can destroy family relationships, bring legal consequences or in some cases […]
Sports
April 16, 2024
BGC’s Grand National Charity Drive Raises £15,000
The Betting and Gaming Council’s (BGC) Grand National Charity Bet campaign has raised £15,115 ($18,822) for good causes with the help of the showpiece race held at Aintree Racecourse. Over 50 MPs Placed Charity Bets More than 50 members of parliament (MPs) placed charity bets on the most famous steeplechase race in the world as […]
Industry
April 16, 2024
UK to Raise Affordability Checks Thresholds, According to Rumors
The UK government is considering increasing the threshold for affordability checks, according to a report by NEXT.io. The news outlet discussed this with a person familiar with the matter who said that the government will announce an interim industry code featuring increased thresholds later this week. The affordability checks are a controversial measure outlined in […]
Industry
April 15, 2024
ASA Asks Marketers to Remain Compliant Ahead of UEFA EURO 2024
The UK’s Advertising Standards Authority (ASA) has asked marketers to remain compliant ahead of the UEFA EURO 2024 soccer championship. According to the authority, operators should not “hedge their bets with their ads.” As the highly anticipated tournament approaches, the ASA released a few tips to marketers, asking them to not make misleading endorsements just […]
Industry
April 15, 2024
Brit Who Lost £50K to Gambling Encourages Others to Seek Help
Dan Bateman, a 34-year-old man from Carlisle, spent years struggling with gambling addiction. He started wagering as a teenager and eventually let what was at first just a hobby consume his entire life. In an interview with inews, Bateman explained that he started betting as a teen when he would give adults £1 to place […]
Industry
April 12, 2024
Gambler Who Started Playing at Age 8 Wants Stricter Ad Rules
A 33 man from Rotherham who was first introduced to gambling when he was eight years old during a family holiday, has asked for stricter regulations concerning gambling advertisements. As presented by the BBC, the man, who reportedly had his first encounter with fruit machines and penny slots at a seaside amusement arcade when he […]
Industry
April 12, 2024
GambleAware Highlights Support Network’s Efficiency in New Report
GambleAware announced that support for people experiencing problems with their gambling is faster than ever. According to the latest National Gambling Support Network figures, problem players were offered treatment sessions with a trained professional in three and a half days on average between October and December 2023. Additionally, organizations within the network that are highlighting […]
