Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Legal
November 22, 2024
Deceased Gambler’s Family Reportedly Files Lawsuit Against Flutter
A 40-year-old man took his own wife back in April 2021 after suffering from a crippling gambling addiction. The shocking case from the UK revolved around Luke Ashton, who was fighting a severe addiction to gambling before his suicide. Using the services of Flutter-owned operator Betfair, the 40-year-old man wasn’t identified as a problem gambler, […]
Industry
November 21, 2024
Robinhood Eyes UK Expansion Despite Regulatory Challenges
Robinhood, the US-based trading app known for its commission-free trading model, is doubling down on its ambitions to dominate the UK market despite facing a challenging regulatory landscape. As part of his vision to make the firm a global leader in traditional finance and cryptocurrency trading, CEO Vlad Tenev was confident that the UK could […]
Business
November 21, 2024
Entain Intends to Close Beloved Crayford Racing Track
Gambling giant Entain intends to put an end to its greyhound racing track in Crayford. The gambling giant revealed that the racetrack is no longer as profitable as it once was, leading to this difficult decision. The Racetrack Is No Longer Profitable The Crayford Greyhound Stadium has been operating since 1986. Because of its […]
Sports
November 19, 2024
Manchester City vs. Tottenham 2024-25 Premier League Odds, Time, and Prediction
Manchester City vs. Tottenham is guaranteed to be a real banger as both teams are looking to end their losing run. The Cityzens lost their last four games in all competitions, while the Spurs are hoping to end their two-game losing run. Winning Saturday’s games is of special importance for Man City if they want […]
Industry
November 19, 2024
Gambling Commission Continues UK Election Betting Probe
Earlier this year, a massive betting-related scandal erupted in the UK just ahead of the country’s General Election. Labor and Conservative politicians, police officers and other people, suspected of placing bets on the date of the election with insider knowledge, fell into the sights of the gambling regulator, the Gambling Commission. Up to Five Officials […]
Business
November 18, 2024
Flutter Appoints PokerStars Exec Kevin Harrington as UK&I CEO
International gambling giant Flutter Entertainment has introduced a major addition to its UK & Ireland team, naming the seasoned Kevin Harrington as its new CEO for the region. The appointment is a part of the company’s reorganization of its international division and aligns with its new two-division structure. Harrington to Succeed Brown in February Kevin […]
Legal
November 18, 2024
Flutter’s Betfair Secures Victory in High Court Problem Gambling Case
Flutter Entertainment, the recognizable gaming and betting company, recently won an important case filed against one of its brands operating in the United Kingdom. The decision in the case against the company filed by a person who lost nearly £1.5 million ($1.89 million) gambling with Betfair came from the country’s High Court. Legal Claim Against […]
Industry
November 18, 2024
Safer Gambling Week 2024 Kicks Off Backed by Regulators, Industry
This Monday marks the start of the 2024 Safer Gambling Week (SGW), an event that seeks to promote safer gambling, raise awareness of the importance of using responsible gambling tools and provide support and advice to people who need it. The Event Will Help Promote Responsible Gambling, the Use of Safer Gambling Tools The event […]
Lottery
November 14, 2024
Allwyn’s Delayed Tech Upgrade of the UK National Lottery Raises Concerns
For three decades Camelot used to run the UK National Lottery. During that time, the operator helped raise billions to charitable causes. However, two years ago, Camelot lost the bid for the National Lottery license to Allwyn, a company currently headquartered in Switzerland. Now, a new report suggests that a massive technology upgrade for the […]
