Business
December 15, 2023
Entain Faces Activist Pressure as Corvex Management Calls for Change
New York-based hedge fund, Corvex Management, has announced its entry into the ongoing drama surrounding FTSE 100 gambling giant, Entain, as it has acquired a significant 4.4% stake in the Ladbrokes owner. Corvex Spearheads Activist Onslaught, Deeming Current State ‘Unacceptable’ Corvex, led by former Carl Icahn lieutenant Keith Meister, has become the latest activist investor […]
Industry
December 14, 2023
Damning Gambling Lobbying Could Lead to an MP’s Suspension
Independent British MP Scott Benton is facing a 35-day suspension from Parliament because of a significant gambling-related violation. Earlier this year, the politician was caught red-handed trying to set up a lobbying scheme with fake gambling company representatives. A former Conservative, Benton was removed as a Tory MP in April after an investigation discovered his […]
Industry
December 11, 2023
Stuart Andrew Expects the Statutory Levy to Go Live Next Summer
As per the white paper, the United Kingdom is planning to proceed with its plans to introduce the statutory levy. The country’s current gambling minister, Stuart Andrew, believes that the UK will be able to deliver it for summer 2024. For reference, the statutory levy is a measure that would force gambling operators to pay […]
Sports
December 11, 2023
Liverpool vs. Manchester United 2023-24 Premier League Odds, Time, and Prediction
Liverpool is sitting at the very top of the Premier League table, but there are two teams that can leapfrog them if they lose to Manchester United on Sunday. Betting odds suggest that won’t happen, particularly because of Liverpool’s great record against Man United. The last time these two met, Liverpool won 7-0 – their […]
Legal
December 8, 2023
UK Government Outlines Who May Benefit from Gambling Addiction Treatment
The majority of people who are in this group would benefit from level 2 intensity treatment the government argues, or some 970,000 people. This means that the people in question would benefit from two or three sessions of motivational interviewing which is administered by gambling specialists. Treatment Levels Vary By Intensity, But They Do Have […]
Industry
December 7, 2023
GambleAware Report Unveils Links Between Racism and Gambling Harm
A report released by GambleAware has shed light on the intricate connections between racism, discrimination, and gambling harm within minority communities across the UK. Racism, Discrimination, and Gambling Harms Amplify Struggles in Minority Communities The research underscores that adults from minority communities grappling with gambling issues are 50% more likely to have encountered racism or […]
Industry
December 6, 2023
UK Gambling Commission Raises Terrorist Financing Risk to Medium
The UK Gambling Commission (UKGC) has adjusted its assessment of terrorist financing risks within the gambling industry, upgrading the risk level from low to medium. UK Gambling Commission Flags High ML/TF Risks in Specific Gaming Sectors The risk level upgrade stems from the latest Money Laundering (ML) and Terrorist Financing (TF) risk assessment released by […]
Industry
December 5, 2023
Gamblers Consumer Forum Says Affordability Checks Don’t Work
There has also been fair support for the measures, seen as the only way to prevent unwarranted death and rising problem gambling levels in the country. Yet, a recent poll saw 100,000 signatures collected to oppose the measure and now, the Gamblers Consumer Forum insists that the government should abandon this project altogether. There really […]
Industry
December 4, 2023
GambleAware: Problem Gambling Treatment Helps 9 in 10 People
British gambling harm charity GambleAware reported that the National Gambling Treatment Service is highly effective in helping patients. Ranging from early intervention through to therapy and residential treatment, the services offered by the National Gambling Support Network (NGSN) help at least 9 in 10 patients (88%). Data shows that most users exhibit noticeable reductions in […]
Industry
December 4, 2023
UK Gambling Commission Introduces Anonymous Reporting Service
The gambling regulator in the UK, the Gambling Commission, announced the launch of a new service that enables individuals to report criminal and suspicious activities online. Announced Monday, the new one-stop service enables users to submit an anonymous report. The service, the Commission said, is called “Tell us something in confidence,” and focuses primarily on […]
