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Industry
April 22, 2024
UK Government Is Reluctant to Restrict In-Stadium Ads
The UK government is reluctant to introduce stricter restrictions of gambling advertising in spite of calls from the Department for Digital, Culture, Media and Sport (DCMS). In response to the latter body’s second report, the government said that more evidence is needed. For context, the DCMS urged for a reduction in ads during sporting events, […]
Industry
April 22, 2024
Study: Online Ads Blur the Lines between Gaming and Gambling
GambleAware, the United Kingdom’s leading gambling harm treatment charity, has published a new report that highlights children’s exposure to gambling ads. The study was carried out by CultureStudio Research, Family Kids & Youth and Sherbert Research and sampled children and young people between the ages of 7 and 25 and their families. The Qualitative Research […]
Lottery
April 19, 2024
UK National Lottery Winners Support Baby Charity’s Efforts
Winning the lottery is great but being able to help others is even greater. The BBC has spoken with a number of lottery winners who highlighted the importance of giving back. Two Families Supported a Charity’s Efforts The British news outlet spoke with winners who backed the efforts of Baby Basics, a Lowestoft-based charity that […]
Business
April 19, 2024
Spreadex-Sporting Index Merger to Undergo Further CMA Probe
A recent acquisition, encompassing the sale of the spread betting operator, Sports Index, to Spreadex captured the attention of the Competition and Markets Authority (CMA) in the United Kingdom. The deal dates back to November when La Française des jeux (FDJ), agreed to sell Sports Index to Spreadex, a competitor in the same industry. Financial […]
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 […]
