Author: Olivia Cole

The owners of the Football Index website transferred customers’ stakes worth approximately £15 million to a connected company that spent the money on developing technology to sell similar products in other countries as the gambling platform collapsed in the UK. The Athletic reported of a document, according to which the aforementioned sum was transferred from BetIndex, the company that operated the Football Index website, to a holding company called Index Labs a part of the so-called “Project Hadron”. As mentioned above, the owners of the virtual stockmarket for football players…

BoyleSports (UK) Limited is to transform the Old Chocolate Box in Clitheroe into a betting shop following the decision of the local authorities to make a change and see the retail space used as a betting office. As part of the development, three part-time and three full-time jobs are set to be established. If everything goes according to plan, the betting shops will be open seven days a week, from 8:00 AM until 10:00 PM. In its application to the Ribble Valley Borough Council, seeking to turn the former chocolate…

Gambling companies in the UK will become subject to a new levy that is set to be unveiled by the Government’s economic and finance ministry. Recently, the UK Treasury has confirmed plans to bolster the country’s fight against economic crime by the implementation of a new levy on companies that are subject to anti-money laundering (AML) regulations. As unveiled in draft legislation published last month, firms that are liable to the Money Laundering, Terrorist Financing and Transfer of Funds Regulations of 2017 will be required to pay a fixed fee…

The Irish gambling and bookmaking holding company Flutter Entertainment has appointed Amy Howe as head of its FanDuel business as the group is still considering a possible spin-off of the US-based unit. The appointment was confirmed by the chief executive of Flutter, Mr Peter Jackson, who praised Ms Howe for her efforts while leading the operator’s commercial functions after becoming part of the company. Ms Howe joined the betting giant’s sports betting and daily fantasy sports betting arm at a presidential position in February. Then, in July, she was appointed…

As of October 1st, the UK Government has officially banned children under 18 years of age from playing the National Lottery or purchasing scratchcards. The change has been made as part of the authorities’ decision to increase the minimum age for participation in games of the National Lottery from 16 to 18. In the UK, children under 18 have been suspended from accessing online gambling since April, but the ones aged 16 or over have still been able to purchase scratchcards and lottery tickets in brick-and-mortar betting shops. Now, the…

Westpac Group, one of the largest banks in Australia, has added more functionalities to its digital gambling block feature in order to provide its customers with more ways to suspend their gambling transactions in real-time. Under the most recent changes, the bank’s digital feature will become available for more than two million personal debit card customers of BankSA, St. George and Bank of Melbourne. Earlier in 2021, Westpac officially announced the launch of app functionality that offered its customers the opportunity to suspend themselves from making deposits to online gambling…

The gambling company Redbet, which operates under William Hill, revealed that it would cease its operations in the UK as of October 27th. The operator made an announcement that it is going to discontinue its UK-facing services on its website, saying that it would provide its local customers with a grace period to finalize pending bets, bonuses and withdrawals in their accounts. The gambling operator did not provide a reason for its decision to exit the UK. Even more, the announcement for the closure of its operations in the country…

The gambling and sports betting operator Entain announced that it is aimed at organizing a retail makeover for its land-based operations in Europe by converting a number of key high-street betting shops into contemporary digital hubs. The move, which is set to start with the high-street betting outlets operating under the Ladbrokes, Coral and Eurobet brands in Italy and the UK, has been unveiled as part of Entain’s efforts to enhance its customers’ omni-channel experience. The conversion of the retail betting shops to digital hubs will then follow in other…

GamStop, the UK’s national online gambling self-exclusion scheme, has revealed that the number of registrations on its platform rose by 25% year-on-year during the first six months of 2021. At the time when it published its bi-annual review, GamStop announced that a total of 40,000 individuals had been registered with its self-exclusion service during the first half of the year. The figure represented a dramatic 25% increase in the number of registrations on 2020 comparatives, with the overall number of people who registered with the British online gambling self-exclusion service…

Earlier today, the former cage boss at Crown Perth faced grilling at the state’s Royal Commission into the gambling giant over his responsibilities to monitor, recognise and report dodgy online transactions at the time. David Brown occupied the position of general manager of cage and account at Crown Perth for 15 years, by September 2020. He took part in the September 28th hearing that was aimed at getting more evidence about a number of telegraphic payments into the Riverbank account of Crown Perth from 2013 to 2015. During his grilling…