Author: Olivia Cole

It came to Casino Guardian’s knowledge that Gibraltar-based betting operator Lottoland is to be suspended by the New South Wales Government under a crackdown. As reported by The Daily Telegraph, the local Government has been planning to take some steps and ban synthetic lotteries from running. The betting operator has recently been blamed for a major decline in tax revenue from local lotteries. Currently, Lottoland has been facing a massive nationwide campaign, as it has been seen as a threat to the performance of local agencies, causing them serious financial…

The Advertising Standards Authority (ASA) scolded Gibraltar-based gambling company Gala Interactive after investigating and upholding two issues related to an ad for its Gala Bingo brand. The Gala Bingo advert, which was seen on a online website on May 22nd, 2017 was masked as a fake news, which made its commercial intent unclear. The complainant challenged the ad for not making its commercial intent clear to users, as there was a banner for Gala Bingo placed at the bottom of the page, along with a “Claim to win” button also…

It came to Casino Guardian’s knowledge that At The Races (ATR) channel has allowed spot advertising for the first time, which on the other hand could lead to increased interest towards bookmaker adverts. Previously, the gambling operators have not been allowed to provide their sponsorship to all programmes on At The Races channel, as they were given the opportunity to sponsor specific programmes only. Under the changes implemented by the British television channel, gambling companies will be now able to broadcast over advertising breaks, too. ATR Implements New Spot Advertising…

Ireland-based bookmaker Paddy Power Betfair has been accused in secretly manipulating the odds of on-course bookmakers in horse races in order to prevent paying thousands of Euros in customers winnings, according to The Times. The daily newspaper reported that according to several people with knowledge of the matter, the company’s head office traders had instructed the brand’s representatives to place bets at local racecourses in order to sharply reduce so-called starting price odds (SP odds). The Problem of Using SP Manipulation Method The problem is that starting price must be…

The restructuring plans of Caesars Entertainment and its related companies have been given the green light by the gaming regulatory authorities of the states of Louisiana and Missouri. Now, the approval of the state’s gambling regulators is to finally put an end to one of the largest corporate bankruptcies in the gambling history. Currently, there are casino venues of the Caesars brand in both the above-mentioned states, with the properties now need to be checked before the company is given the chance to proceed with a full exit from its…

Over the last few weeks, the possibility that high-street bookmakers will face a crackdown on fixed-odds betting terminals (FOBTs) seems to have increased, considering the increasing pressure on the industry in the light of the upcoming UK Government review. The past months have seen British bookmakers bet on various saviours to help them stop the regulatory review of some of the biggest gambling operators in the country. The truth is that the largest British bookmakers, the ones brought large revenues by fixed-odds betting machines will be seriously hit in case…

The Australian Competition and Consumer Commission (ACCC), which currently acts as the country’s competition regulatory body, has called for a new hearing of proposed merger between gambling companies Tabcorp Holdings and Tatts Group to be carried out by the Australian Competition Tribunal (ACT). The proposal for another hearing of the long-awaited AU$11-billion merger between the two gambling operators could end up causing another delay of the already prolonged deal process. Yesterday, the Australian Competition and Consumer Commission made a submission to the tribunal, urging the latter to organise another hearing…

With the Government’s gambling industry and FOBTs review already underway, the upcoming months could bring some challenges to the UK gambling sector, and especially, to gambling operators. Despite the fact that the results of the review have not been revealed yet, local regulatory authorities are expected to impose tighter legislative framework that could have a negative impact on the country’s industry. A possible clampdown on the UK gambling sector would most likely result in more challenging environment for local companies that would be forced to continue operating in more unfavourable…

The UK-based bookmaker Betfred revealed its decision to end its commercial partnership with British racing in July 2018, at the expiry date of the two parties’ exclusive deal. The company’s Chief Executive Officer Fred Done revealed that all of the operator’s betting shops on the racecourse are to be officially closed, except for Chelmsford and Ascot, and now both Betfred and local sport industry would have to get used to living without each other. Betfred, which have been one of the largest sponsors of races and a successful on-course betting…

The investment company Blackrock has increased its stake in the Ireland-based bookmaker Paddy Power Betfair. The move is associated to the purchase of 346,023 shares of the gambling operator at the price of €28.5 million, with the shares being valued at the closing prize of the shares on Friday, September 15th. The news of the stake increase was revealed shortly before the bookmaker officially announced its results for the profit generated over the first half of the year to the end of June 2017. Despite that the operator reported that…