Author: Olivia Cole

The largest gambling charity organisation in the UK has unveiled a full list of the pledges and donations it has received in the period from the first to the third quarter of its ongoing 2022/2023 financial year. GambleAware has previously revealed that it publicly announces the information regarding the aforementioned donations to guarantee transparency over its current voluntary funding arrangements with licensed and regulated gambling companies in the UK that make donations to the organisation on a quarterly basis. The gambling charity revealed that between the first and third financial…

Another gambling business is facing a massive financial penalty after the UK gambling regulator found that it had breached anti-money laundering (AML) and social responsibility rules. The UK Gambling Commission (UKGC) carried out an investigation that unveiled that In Touch Games – an online gambling company that currently operates 11 websites, including cashmo.co.uk, bonusboss.co.uk, drslot.co.uk, slotfactory.com, and jammymonkey.com – had failed to stay in line with a compliance assessment in March 2022. As a result, it will be forced to pay a £6.1-million penalty. This is not the first time…

Allwyn, which won the competition for the fourth National Lottery licence, revealed that the UK Gambling Commission (UKGC) gave its approval for its proposed takeover of Camelot UK Lotteries. The country’s gambling regulatory body approval would provide the company with the chance to finalise the acquisition and move over to the next step in building its presence in the UK. The announcement marks a major step forward for the UK National Lottery’s fourth licence holder as it would be able to finally take over the local lottery operations of Camelot…

Members of Parliament in the UK have called for an investigation into the potential ties between some English Premier League (EPL) football clubs and a company associated with Alvin Chau, а Chinese billionaire who has recently been sentenced to 18 years in prison. According to an investigation by The Mail on Sunday, currently, 10 clubs from the EPL are partnering with eight Asia-facing betting brands, all of which have been reportedly linked to TGP, a company based on the Isle of Man. Currently, TGP Europe holds an operating licence issued…

According to sources familiar with the matter, gambling and casino giant MGM Resorts is currently once again considering making an acquisition offer for the British gambling group Entain which owns some of the most popular gambling and sports betting brands on a global scale, such as Coral, Ladbrokes and Gala Bingo, by the end of 2023. As reported by Casino Guardian, the US gambling operator originally approached Entain with a takeover bid in January 2021. However, the British gambling giant turned down the £8.1-billion offer at the time, saying that…

Earlier this week, the British gambling and sports betting company Entain revealed that it will accelerate its plans to withdraw its services from a few unregulated markets by the end of 2023. The company’s decision has been made as part of the operator’s strategy to fully focus on its nationally regulated markets. Entain, once known as GVC Holdings, which currently owns brick-and-mortar betting shops operating under the Ladbrokes and Coral brands, as well as a number of popular online gambling brands such as partypoker and bwin, explained that it expects…

Another monetary penalty was unveiled by the UK gambling regulator after the latest £337,631 regulatory settlement with Vivaro Limited that it has only recently announced. The gambling watchdog’s executive director of operations, Kay Roberts, noted that the case illustrated the regulator’s drive to impose even tighter control on the sector in order to tackle social responsibility and money laundering failings. According to Ms Roberts, it also highlighted the action taken by the competent authorities against gambling businesses that fail to be fair and open with their customers in the UK.…

The UK Gambling Commission (UKGC) has revealed that the online gambling operator Vivaro Limited, which currently trades in the country as vbet, is set to pay a regulatory settlement worth £337,631 after a number of failures to comply with the UK gambling laws. The settlement between the digital gambling operator and the UK gambling regulatory body follows an investigation carried out by the watchdog. The probe found some failings in the safer gambling and anti-money laundering procedures and processes of Vivaro Limited. The investigation followed a compliance assessment that was…

A UK Government publication has provided estimates that the direct financial cost of gambling harm to the country’s coffers and society in England was worth in the range from £1.05 billion and £1.77 billion. The Government officials involved in the publication further noted that the actual scale of the gambling-related harm is likely higher than the aforementioned estimates because of the limited available data. The review was carried out by Public Health England (PHE) as part of the response made by the Department for Digital, Culture, Media and Sport (DCMS)…

Several days ago, Mansion Group, an online sports betting and casino gaming company, made a decision to leave the British gambling market. The company officially surrendered its licence on January 13th, 2023, after operating for almost two decades in the country. The decision of Mansion Group to cease its operations in the UK comes as a response to the restrictive policy of the Government that has been having a significant impact on the company’s profitability. As a spokesperson for Mansion Group announced, the company had enjoyed serving British customers for…