Residents of the Australian state Victoria believe more radical gambling reforms should be enforced to help battle an escalating addition to slot machines or as the locals refer to them, “pokies”. The Deakin University in Victoria conducted a survey and its results revealed that the majority of Victorians insist that the authorities should concentrate their efforts on introducing more drastic reforms to battle the growing gambling addiction across Australia’s most densely populated state. This is further supported by various government statistics which indicate that many residents of the state are…
Read MoreAuthor: Daniel Williams
Ladbrokes Coral Reports Strong H1 Performance Following News of CCO Resignation
UK-based sports betting and gambling company Ladbrokes Coral released its financial results for H1 of 2017 and reported it is on course to achieve its target for the year. The positive results were released just days after the company announced Kristof Fahy has decided to step down from his position as Chief Customer Officer. The results the company posted indicate that Ladbrokes Coral Group was 1% ahead in net revenue for the period between January 1 and June 30, 2017. The Group has determined that its operating profits should range…
Read MoreASA Rebukes LeoVegas and Coral Interactive for Misleading Advertisement Content
Two major online gaming operators, Coral Interactive and LeoVegas, were reprimanded by the Advertising Standards Authority (ASA) for what the regulatory organisation considered misleading advertisement content. The rebuke the two operators faced was caused by several complainants, who interpreted the content of their advertisements and promotional incentives as harmful and irresponsible. Coral Interactive’s ad was seen on UK television on April 16, 2017 and involved clips of several professional players engaging in a game of football. The ad’s voice-over suggested that football fans can either choose to merely watch their…
Read MoreDraftKings Upset with Massachusetts Regulator for Classifying DFS as Online Gambling
Boston-based daily fantasy sports (DFS) provider DraftKings has taken issue with Massachusetts gambling regulator for classifying DFS under the umbrella of online gaming. The Massachusetts Special Commission on Online Gaming, Fantasy Sports and Daily Fantasy Sports was charged with the task of drawing up a report with recommendations on how to proceed with the expansion of the regulated online gambling market in the state. Yesterday, the Special Commission submitted its draft report to the state’s lawmakers, with the suggestion to authorise and tax DFS as a subset of online gambling.…
Read MoreUK Casino Players to Benefit from Resolver Complaint Tool from August 1
The UK Gambling Commission (UKGC) has released a statement to announce online sports betting and casino operators’ customers will be able to benefit from the online support tool Resolver as of August 1, 2017. The latest support tool would enable online gambling consumers to conveniently lodge all gambling-related complaints they may have for operators to address and resolve. Resolver is an innovative online tool which is available for free use by consumers. The Gambling Commission itself has assisted the Resolver team in developing the information concerning gambling complaints the tool…
Read MoreEC Reprimands EU Countries for Delay in Enforcing New Anti-Money Laundering Measures
The governments of some European Union member states were reprimanded by the European Commission for their failure at introducing more adequate measures to prevent criminal and terrorist organisations from camouflaging money used for illicit activities. The said camouflage schemes normally involve criminal organisations moving their illegal funds around different member states of the EU. Online gambling was listed among the products and services that are especially vulnerable to such illicit practices. Věra Jourová, who assumes the position of European Commissioner for Justice, Consumers and Gender Equality, warned that as many…
Read MoreUKGC Reports 1 Million Self-Exclusion Requests in 2016
The UK Gambling Commission (UKGC) has disclosed information that as many as 1 million compulsive gamblers have requested to be banned from betting shops and online gambling websites as of 2016. The information was released amid the warnings of campaigners that gambling addiction has reached alarming levels in the past few years. The self-exclusion tools at gambling websites enable compulsive players to forcibly prevent themselves from entering their casino accounts and processing payments for a set period of time, which normally ranges between half a year and a lifetime. The…
Read MoreConnecticut Governor Signs Bill to Authorise Third Tribal Casino
Dannel P. Malloy, Governor of the state of Connecticut, signed a bill which is to authorise two of the state’s tribes to build a new casino in the town of East Windsor. The new piece of legislation was signed at an official ceremony, attended by the leaders of the Mashantucket Pequots and the Mohegan tribes. The new legislation was in fact signed by Malloy three weeks ago. This past Thursday, the Governor went on to approve various amendments to the memorandums of understanding between the state of Connecticut and the…
Read MoreProblem Gamblers Call Self-Exclusion System Ineffective and Demand More Serious Measures
Over the last few years, retail and especially online gambling has become favourite pastime for a great number of people in the UK. There are many people who place bets in a safe and responsible manner, but unfortunately, gambling has negative effects, too. According to experts and user protection organisations, the increasing popularity of online gambling has been one of main reasons for problem gambling behaviour affecting more and more people in the country. This trend has provoked not only the competent authorities, but also a number of problem gambling-oriented…
Read MoreDutch District Court Rules in Favour of Local Gambling Regulator
Dutch lawmakers have ruled in favour of local gambling regulator Kansspelautoriteit (KSA), upholding its right to levy massive fines on foreign online gambling providers offering their products and services to players in the country without a local license. The District Court in the Hague determined that the local regulatory body indeed has the legal authority to sanction international casino operators that violate local laws with six-figure fines. The fines in question are targeted at three specific gambling providers which operate under international licenses but have not been granted a permit…
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