In mid-April, the UK Gambling Commission (UKGC) announced that a special consultation on proposed affordability checks for the local gambling industry was set to be launched. At the time, the country’s gambling regulator unveiled that the consultation was set to cover three matters of priority that were linked to the proposal – financial vulnerability, binge gambling and significant unaffordable losses generated by British gamblers. The move was made after the watchdog responded to a previously released consultation on remote customer interaction, and another 10-week consultation that was aimed at getting…
Read MoreAuthor: Olivia Cole
US Private Equity Firm Blackstone Expects to Get Australian Regulatory Approvals for Crown Resorts Takeover in 3 Weeks
As previously revealed by Casino Guardian, the completion of Blackstone’s acquisition deal of Crown Resorts has been delayed because the US private equity firm had to provide evidence to the Australian watchdogs that it is suitable to run the operations of the Australian casino giant. As a result of the delay, Blackstone will have to wait three more weeks in order to receive the necessary approvals from the country’s competent regulatory bodies. For the time being, Crown Resorts has operations in the states of New South Wales (NSW), Victoria and…
Read MoreGambleAware Suggests Mandatory Gambling Levy to Combat Gambling Harm
In the midst of an expanding cost-of-living crisis, financial struggles resulting from the global pandemic, and increasing interest in online gambling, UK individuals are expected to be exposed to a higher risk of gambling harms. To prevent gambling harm, GambleAware introduces a set of six new principles, with a mandatory gambling levy being one of them. The organisation also called for an expertise coalition that would help combat inequality. The supposed levy of 1% should be applied to Gross Gambling Yield (GGY) and would generate about £140 million per year,…
Read MoreOnline Gambling Participation Rates in the UK Are Currently at Their Highest-Ever Rate, UKGC Finds
The UK Gambling Commission (UKGC) revealed that online gambling is currently at its highest-ever rate in the country, with 1 in 4 British people placing wagers. According to information unveiled by the UK gambling regulatory body, 25.7% of the 4,018 survey participants aged 16 or above had gambled online over the past 4 weeks. This was an increase from the 23.8% who placed bets over the same period in the previous year, and from the 18.5% in the previous 5 years. As part of the survey, the 4,018 respondents were…
Read MoreHigh Court Judge Says Expediting Legal Proceedings against the UKGC over National Lottery Licence Decision Would Be Unfair
The current holder of the operating licence for the UK National Lottery – Camelot – faced a legal setback earlier this week because a London judge decided not to side with the company’s request to fast-track legal proceedings against the country’s gambling regulator. On April 19th, a High Court of Justice of England and Wales judge said that rushing out the legal proceedings against the UK Gambling Commission (UKGC) over the watchdog’s decision to grant the fourth National Lottery operating licence to Allwyn would not be the right thing to…
Read MoreNews Corp Joint Venture with Tripp to Bring New Bookmaker to Australia
News Corp Australia is advancing towards the launch of its bookmaker after it agreed on a partnership with the gambling pioneer, Matthew Tripp. Meanwhile, BetEasy’s former chairman is speculated to be the chief executive of the new bookmaker that may soon overtake the Australian market. The news about the agreement between News Corp and Tripp came after the news and media company of Rupert Murdoch spent more than a year in search of a gambling partner for the launch of its bookmaker. After the major company considered several potential candidates…
Read MoreASA Could Uphold a Complaint against PlayOJO That Could Affect the Entire UK Online Gambling Industry
Online casinos in the UK could face a crackdown on exploiting the superstitions of local gamblers after the country’s advertising regulatory body rolled out an investigation into a gambling company’s claims regarding certain games being “hot” or “cold”. As revealed by The Guardian, the Advertising Standards Authority (ASA) s likely to back a complaint lodged against PlayOJO 7 months ago. According to the complaint, in 2021, the gambling operator promoted a feature that provided customers with a unique chance to see the games on winning streaks. At the time, PlayOJO’s…
Read MoreACT Tribunal Turns Down Casino Canberra’s Appeal of Worker’s Discrimination Case
Casino Canberra has lost its tribunal appeal in the Australian Capital Territory (ACT) after being ordered to compensate a long-time employee for discriminating against him. About 3 years ago, Bryan Bradford Kidman, an employee of Casino Canberra for almost 20 years, raised concerns regarding the rights of casino workers amid a potential ownership change of the gambling venue. At the time, he informed a local media hub – The Canberra Times – that the casino’s employees had received no information regarding staffing levels, working conditions, and wages. The long-time worker…
Read MoreLiquor and Gaming NSW Investigates Incentive Practices Marlow Hotel Group Used to Lure Problem Gamblers to Pokies
The gambling regulatory body of New South Wales (NSW) investigates venues of Marlow Hotel Group and their practices to lure problem gamblers hooked on so-called pokies with cash and alcohol. This is not the first time when Marlow Hotel Group falls under the scrutiny of the NSW gambling watchdog. Recently, the company has become a target of the regulatory body for a different, and yet similar, reason. The operator, which owns The Rose and Crown, has already faced an AU$107,358 fine for offering problem gamblers illegal loans and alcohol drinks…
Read MoreNewly-Selected UK National Lottery Operator Allwyn Warns Ongoing Military Conflict in Ukraine Hurt Business
The newly-selected UK National Lottery licence holder has warned that sanctions associated with the ongoing Russian invasion of Ukraine could have a negative effect on the business. The Czech Republic-based Allwyn Entertainment, which is currently the largest lottery operator in Europe, was recently announced by the UK Gambling Commission (UKGC) as the regulator’s preferred choice for the holder of the National Lottery operating permit for the next 10 years. However, the military conflict in Ukraine has raised certain questions over the alleged links of Allwyn’s sister company to the Russian…
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