Author: Olivia Cole

Gambling sponsors will be banned from Wembley Stadium under special conditions laid down by the UK Government in case that the football venue passes into the hands of a new owner. Rumour has it that the bid of the Pakistani-American billionaire Shahid Khan to purchase the London’s Wembley Stadium depends on Government’s demands over naming rights and limits on sponsorship deals. Earlier this year, it became clear that the new owner of the stadium would not be permitted to rename the venue until 2057 and would be required to agree…

Two online gambling operators are to remove restrictions on cash withdrawals as a result of the latest CMA enforcement action in the industry. As Casino Guardian already reported, the Competition and Markets Authority (CMA) published the results of its probe into the UK gambling industry, which was primarily set to investigate whether online gambling operators use unfair terms and practices to hold customers’ money withdrawals back. The CMA revealed that two online gambling firms – Progress Play Limited and Jumpman Gaming Limited – have formally agreed to remove controversial terms…

Gambling operators are facing a probe over their TV adverts aired at the time of the 2018 World Cup after claims that the commercials were specially designed to target vulnerable viewers, including under-aged individuals. The UK advertising regulatory body – the Advertising Standards Authority (ASA) – is investigating the issue after receiving 115 TV gambling ad complaints during the international football championship over gambling adverts. The number of complaints saw a massive increase, especially compared to the fact that 27 complaints were filed in the month preceding the World Cup.…

Insiders have revealed that the biggest crisis in the Australian Football League (AFL) is related to gambling, with both the sport as a whole and some local professional athletes getting more hooked on the various forms of gambling available in the country. It also became clear that AFL clubs received an amount of almost AU$100 million from poker machines in 2017, at a time when the losses generated by local punters at the gambling venues in the state of Victoria reached a record high in almost a decade. According to…

Camelot, the operator of the UK National Lottery, has been penalized by the Gambling Commission after an investigation. The lottery operator will pay £1.15 million for multiple failings, including a fault in its mobile app and an incomplete list of raffle prizes. A total of five failings were found in Camelot Group, which were serious enough to incur financial penalties, the UK gambling regulator announced on Thursday. The Gambling Commission had launched an investigation into Camelot after identifying problems related to its governance, risk and control framework. The probe was…

Irish bookmaker Paddy Power Betfair it has completed the first part of the massive £500 million buyback scheme, which began in May. The group announced on Monday that its broker Goldman Sachs purchased £200 million in shares back from investors, with the second tranche of £300 million already commenced. In May, the gambling and betting giant Paddy Power Betfair started a plan for returning £500 million to its shareholders. The group said it would cancel all repurchased shares. In a 21 August announcement, it reported that Goodbody Stockbrokers UC had…

Weeks before the official release of a proposed responsible gambling legislation, Ladbrokes now clashes with other bookmakers in Australia over the content of the program. The betting giant blasted over the delay of the scheme, which is intended as a nationally consistent, multi-operator program including a self-exclusion model for gamblers. Last year, the Australian division of the UK-based bookmaker joined rivals bet365, Betfair, CrownBet (now BetEasy), Sportsbet, Unibet into the industry group Responsible Wagering Australia. The independent body has worked closely with the federal, state and territory governments in the…

The economy of the West Midlands has received a massive contribution from the creative industry, gambling and sport in one year only. According to figures released by the Government earlier in August, the aforementioned industries, which are known collectively as “DCMS sectors” accounted for 6.8% of the overall economy in the region in 2016. The industries, which include the cultural sector, the digital sector, the creative industries, gambling, sport and telecommunications, contributed a total of £8.6 billion to the West Midlands economy. The civil society and tourism sectors are excluded…

Today, the Department of Internal Affairs of New Zealand (Te Tari Taiwhenua) released a number of documents providing the latest gambling statistics for the quarter which ended in June 2018. According to the detailed information about the Gaming Machine Proceeds (GMP) generated by the country’s venues, more funds produced by so-called poker machines were available for the community from April to June 2018. According to the quarterly stats released by the Department of Internal Affairs, the GMP rose in comparison to the result generated over the same quarter a year…