Lotteries are considered to be “soft” forms of gambling with a few negative effects. A growing number of people all over the world buy lottery tickets or scratchcards dreaming of winning solid cash prizes. In addition to that, playing the lottery does not require some special mathematical or gambling skills as the result is based on pure chance. The National Lottery in the UK has become a part of people’s culture. It was launched in 1994 and it quickly attracted the attention of people of different age groups. To play…
Read MoreAuthor: Harry Evans
Gambling Markets with Recent Tax Hikes
The gambling industry has been thriving over the last years. When it comes to gambling laws, each country crafted its framework regarding the legality of this pastime. While some jurisdictions took tough measures to ban gambling, others decided to benefit from its profitability and regulate the industry. Gambling has been viewed as a “cash dispenser”. Often, countries that were strong opponents of gambling changed their approach in an attempt to decrease gaps in the economy and create new job opportunities. The tax regime varies greatly between the different countries that…
Read MoreThe Procedure for Obtaining Online Gambling Licences in the UK
The UK gambling market is one of the most developed worldwide and it continues growing. In terms of regulations, the legal status of gambling has undergone great changes throughout the years with many alterations. Nowadays, both online and land-based gambling is fully legal and regulated by the UK Gambling Commission (UKGC). The legal gambling age in the UK is 18+ and it can be said that the Brits enjoy one of the most lenient gambling laws. In 2018-2019, the market’s total GGR came to £14.3bn, with only a marginal decrease…
Read MoreImportant Changes in The UK Online Gambling Industry
How the UK Gambling Regulator Toughened Its Stance to Protect the Vulnerable The United Kingdom has gone through a long and thorny path to properly regulate its gambling industry. Following the implementation of the Gambling Act 2005, the authorities established a regulatory regime that governs the provision of gambling activities throughout the country and charged the UK Gambling Commission (UKGC) with the task to monitor and support the implementation of the established regulations. Currently, the UK gambling market is touted to be one of the most lucrative in the world.…
Read MoreTriton Super High Roller Series London Run between July 31st and August 8th
The Triton Super High Roller Series London commenced this past Wednesday afternoon in the British capital. In the week to come, the Hilton Hotel is to host several exclusive events, with players having the opportunity to enter the contests with minimum buy-ins of £25,000. The biggest spectacle the festival has to offer is the Triton Million for Charity event where the buy-in amounts to the record sum of £1.05 million. The record-breaking event starts today and will run for three days. It is expected to produce the largest first-place prize…
Read MoreManig Loeser Takes Down 2019 EPT Monte Carlo Main Event for €603,777
German high-stakes poker player Manig Loeser won the prestigious 2019 EPT Monte Carlo Main Event and took home €603,777 in cash prize along with his first ever EPT Main Event title. Loeser outlasted a field of 922 entries, including a tough final table and an interesting duel with Chinese player Wei Huang for the title. With this victory, Loeser, who is currently considered one of the best poker pros in Germany and in all of Europe, increased his total live earnings to nearly $10.2 million. This is the second best…
Read MoreTimothy Adams Leads 30 Survivors into Day 4 of EPT Monte Carlo €5,300 Main Event
Canadian poker player Timothy Adams emerged as the chip leader after the third day of 2019 PokerStars and Monte-Carlo Casino European Poker Tour €5,300 Main Event on Thursday evening. The remaining 30 survivors are returning to the tables for Day 4 on Friday, hoping to eventually win the tournament, which generated a total prize pool of €4,471,700. Day 3 of the €5,300 Main Event wrapped up last night after six 90-minute levels of play and more than 70 eliminations. The tournament runs from Monday through Saturday as one of the…
Read MoreSergio Aido Conquers EPT Monte Carlo €100K Super High Roller for $1,772,393
Spanish poker pro Sergio Aido won the largest buy-in tournament at this year’s PokerStars and Monte-Carlo Casino EPT in Monaco and took home a massive cash prize of over $1.7 million. The young player defeated 51 competitors on his way to the prestigious €100K Super High Roller title on Monday, winning the biggest cash prize from a live event in his career. With his achievement, 30-year-old Spaniard Sergio Aido, who currently resides in London, took down one of the richest live poker tournaments of this year Monday evening. The €100,000…
Read MoreWeijie “Jervi” Zheng Takes Down Record-Breaking 2019 Irish Open Main Event for €300,000
Yesterday, the Main Event of the 2019 Irish Open was brought to an end, with Weijie “Jervi” Zheng, who currently resides in Galway, emerging as the winner. This year, the Irish Open Main Event gathered a record-breaking player field of 1,807 entries who competed for the first-place prize of €300,000 and the prestigious 2019 Irish Open trophy. Only nine players returned to take their seats on the final day of the Main Event, with Zheng starting the day as a chip leader with 16,970,000 in chips, making his advantage to…
Read MoreAsher Conniff Triumphs at 2018/19 WSOP Bally’s Las Vegas Main Event for His First Circuit Ring
The poker action for Bally’s Las Vegas $1,800 Main Event has wrapped up with Brooklyn’s Asher Conniff triumphing over the strong field of 607 players for the first WSOP Circuit Ring in his career. After entering the Final Day with the chip lead, Conniff managed to survive and eliminate Joshua Suyat in the second place. The tournament started on Friday as the highlight of the 2018/2019 World Series of Poker Circuit at Bally’s Las Vegas and managed to attract a total of 607 entries during the two starting flights –…
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