Author: Olivia Cole

A company based in Norfolk has been able to retrieve more than £1 million that had been stolen from it after one of its employees misappropriated the money to feed their problem gambling behaviour. According to reports from the Eastern Region Special Operations Unit (ERSOU), SealSkinz, a waterproof accessories seller based in Norfolk, got back voluntary cashback amounting to a total of £1.2 million from the gambling companies that the fraudster spent the misappropriated funds on. The senior financial investigation manager at ERSOU, Paul Fitzsimmons, shared that the case once…

Andrew Wilkie, an independent Member of Parliament, has introduced a new private member’s piece of legislation to the Parliament. The bill seeks to bring some restrictions to video games featuring loot boxes and make them accessible only to players who are over 18 years old. According to an explanatory memorandum circulated by the MP himself, the Classification (Publications, Films and Computer Games) Amendment (Loot Boxes) Bill 2022 seeks to bring regulation to the way video, computer and online games containing so-called in-game items, including loot boxes, are classified. Mr Wilkie,…

Crown Resorts unveiled the launch of a new transformative programme aimed at bringing significant changes to the corporate structure, policies, and operations of the company in order to guarantee the business a brighter future. Earlier this week, the company, which is currently the largest owner and operator of integrated casino resorts in the territory of Australia, announced the implementation of a multi-year programme called “Future Crown” which seeks to transform the business while at the same time provide its customers with unique gaming experience. As revealed by Crown Resorts, the…

Australian betting company Tabcorp has started legal action against Entain and the New South Wales (NSW) division of the Australian Hotels Association (AHA) over their alleged failure to unveil enough information regarding the advertising deal they have recently agreed on in the state. The beginning of the week saw Tabcorp commence legal proceedings against AHA’s NSW unit and Entain in New South Wales’ Supreme Court. The largest gambling operator in Australia is seeking preliminary disclosure from the two parties. Representatives of the company wrote to both groups to warn them…

It seems that the recent ban on sports betting partnership agreements has not been enough to prevent UK football stars from emerging as local gambling and betting operators to promote wagering on FIFA World Cup matches. The partnerships in question have caused controversy because the adverts are not in line with the spirit of the regulations under which the use of celebrities for the promotion of gambling services is not allowed. According to media reports, a number of top sports betting operators are using popular football players as brand ambassadors…

The company that is set to take over the fourth 10-year operating licence for the UK National Lottery – Allwyn – has agreed to purchase the incumbent NL operator Camelot. The deal is expected to make the handover of the operation permit easier and put an end to the legal proceedings over the procurement process. The newly-announced deal is set to close early in 2023. It will be subject to approval from the country’s gambling regulatory body, the UK Gambling Commission (UKGC). According to a person familiar with the situation,…

Ireland’s greyhound industry is to be forced to table a business plan on an annual basis in order to be given state funding under the terms of a bill published by a Member of Parliament from the Green Party. Neasa Hourigan has proposed a piece of legislation that would also seek to put an end to the existing model that allocates public funds to horse racing and the greyhound industry on an 80/20 basis. According to Ms Hourigan TD, it is not acceptable that the greyhound sector in Irelan gets…

A new survey found that more than 25% of football fans in the UK are concerned about the amount of money they might lose while placing wagers on football matches during the World Cup. The research that was carried out on behalf of the country’s largest gambling charity GambleAware found that six in 10 people said they believed there are too many gambling adverts released during international tournaments. GambleAware, which is currently the biggest organisation aimed at helping problem gamblers in the UK, reported that 43% of football lovers plan…

The Government of Premier Mark McGowan has terminated the planned sale of the last state-owned betting company, WA TAB, after looking for a suitable buyer for more than three years. Western Australia (WA) Government revealed that it has not been able to find a takeover offer that fitted its policy objectives, after reports that deals estimated at over AU$1 billion collapsed. Premier Mark McGowan explained that local lawmakers had spent significant time and effort trying to deliver a result that could balance the long-term interests of both the state and…