Denise Coates, the boss of the leading UK gambling operator bet365, has continued her string of record-breaking salary and dividend payments after receiving almost half a billion pounds in 2020. This took her total pay from 2016 until now to almost £1.3 billion. The gambling operator took an unusual delay when filing its accounts at Companies House but still, it became clear that the company’s highest-paid director – Ms Coates – was granted a total of £421-million salary and dividend payment last year. This makes an hourly payment of £48,000…
Read MoreAuthor: Daniel Williams
Automated Credit Checks and Restrictions on Problem Gamblers Set to Be Unveiled by Entain
UK gambling operator Entain has revealed its intentions to put some further restrictions on problem gamblers and to unveil automated credit checks at a time when the local gambling sector is trying to improve its customer protection policies in an attempt to delay stricter regulation. Earlier today, the group, which is the owner of some of the most popular sports betting brands in the country – Ladbrokes and Coral – said that it would be the first gambling operator in the UK to launch personalised stake limits and credit checks…
Read MoreACMA Remains Focused on Enforcement and Disruption of Illegal Online Casinos Targeting Australian Gamblers
Online casinos that offer their services without an Australian licence and target local gamblers have still not been suspended, although the country’s communications regulatory body has unveiled stricter enforcement policy against illegal gambling operators. Reportedly, ten online casinos that apparently target Australian gamblers with their services that are being run without an operating licence, can still be accessed by customers two months after the Australian Communications and Media Authority (ACMA) revealed for Guardian Australia that it had found that the platforms are part of the watchdog’s compliance priority activities. Many…
Read MoreEPL Clubs to Meet and Discuss Shirt Sponsorship Deals with Gambling Operators
At a shareholder meeting set to take place later today, Premier League clubs are set to discuss the impact of their sponsorship agreements with gambling companies. A year ago, a House of Lords committee called for the UK Government to ban sponsorship deals between gambling operators and professional football clubs under which sports teams advertise their gambling sponsors on their kits as of 2023. The meeting will be held at a time when the UK Government is having a massive review of the country’s gambling legislation. The review was given…
Read MoreClean Up Gambling Group Starts Investigation into Football Index and Calls for Government Intervention
The director of the British anti-gambling campaign group Clean Up Gambling, Matt Zarb Cousin, has called for Government action against Football Index after hearing multiple stories from customers who lost massive amounts of money as a result of the gambling operator’s collapse earlier this month. Mr Zarb-Cousin told JOE that the company’s crash had devastated tens of thousands of lives, with the losses accounting for hundreds of thousands of pounds. Surprisingly, on March 5th, Football Index made an announcement of a significant reduction in the payouts of its dividends –…
Read MoreGambling Regulator in NSW Not to Rush Things Despite Recent Blackstone’s Acquisition Bid to Crown Resorts
The gambling regulatory body of the state of New South Wales (NSW) has no intention of rushing any decision-making on the potential acquisition of Crown Resorts from Blackstone Group. It seems that the watchdog’s future actions may be very much affected by the report of Commissioner Bergin which found that local authorities need to consider a proper response to the findings about the Australian casino giant’s links to junket operators, money laundering and poor corporate governance. As Casino Guardian already reported, the US private equity firm Blackstone Group has approached…
Read MoreUKGC Provides More Details about Its Investigation into Football Index Following Ongoing Concern
The UK Gambling Commission (UKGC) has decided to publish more details about the background of its regulatory action into BetIndex Limited, trading as Football Index. The watchdog said it has focused the update particularly on the areas where it has received questions regarding its approach. The gambling regulatory body said that BetIndex Limited was given an operating licence for Remote General Betting Standard Real Event on September 9th, 2015. The UKGC shared that the company is also licenced by the Jersey gambling watchdog. The Commission explained that the current product…
Read MoreMedia Reports Say UKGC Received Warning about Football Index in January 2020 but Did Nothing
According to media reports, the UK Gambling Commission (UKGC) received a warning in January 2020 that Football Index, the gambling operator that got its licence suspended a week ago, was a fraudulent pyramid scheme that operated masked as a football stock market. As revealed by The Guardian, at the time when this information was revealed to the gambling regulatory body, the UKGC was called to immediately take urgent action into the operations of the gambling platform in order to inform and protect the company’s users. Football Index started offering its…
Read MoreNew GambleAware Study Finds Small Number of High-Spending Users Account for 70% of Online Gambling GGY in the UK
UK gambling charity organisation GambleAware has recently published some details for the gambling habits of online gamblers in the country for the first time. The charity has published an interim report to improve understanding of the online gambling market in terms of basic patters of play and their effect on gamblers’ behaviours, especially when it comes to at-risk or problem gambling. The research was conducted by the National Centre for Social Research in partnership with Professor Ian McHale and Professor David Forrest from the University of Liverpool. It is based…
Read MoreRSL and Leagues Clubs Suggest Digital Wallet as Alternative to NSW Government’s Mandatory Gaming Card Proposal
New South Wales-based RSL and leagues clubs have failed to stay on the same side with their industry body and negotiate to try out an alternative to the mandatory gaming card that has been proposed by the state government. The effort that is being made by the Returned and Services League of Australia (RSL) and Services Clubs Association and Leagues Clubs Australia seeks to see a trial of cashless technology implemented in a number of the biggest clubs in NSW to help the authorities tackle rising gambling addiction and money…
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