Author: Olivia Cole

The restrictions implemented by the UK Government because of the coronavirus pandemic are responsible for the decrease in prize money in the British horseracing sector. The trend has raised concerns that horse owners will disregard the prestige of the sector that has been built over centuries of tradition and shift their interests to overseas races. According to reports, the British horseracing, which is estimated at £4 billion on an annual basis, is asking the UK Government for some reforms and financial help that is supposed to help it survive the…

The boss of one of the largest casino and bingo operators in the UK – Grosvenor Casinos and Mecca Bingo – Jonathon Swaine – has criticised the country’s Government for what he called “senseless” closures of gambling venues in Tier 3 regions. Mr Swaine explained that the decision for the closures was extremely unfair and described it as a “targeted attack” to the gambling industry that had no justification at all. The Rank Group’s managing director shared his disappointment with the stricter rules that will be imposed by the Government…

The Nordic online gambling company Betsson AB has decided to make a significant reduction in its presence in the UK market. On October 21st, the Stockholm-based operator made an official announcement that it was to reduce its current market presence in the UK to a single brand from nine brands operating under four licences on three different platforms. The brand that will remain operational, Rizk, was purchased from Gaming Innovation Group earlier in 2020 along with other gaming brands. The Group is to hand three of its four licences back…

A new two-part study commissioned by the local charity organisation GambleAware and conducted by YouGov showed that overall gambling rates in the UK declined over the coronavirus lockdown. The same trend applied to median customer expenditures and gambling addiction rates. A total of 12,161 individuals took part in the survey conducted by YouGov in the period from September 24th and October 13th, 2019. A recontact survey was held in May 2020, with 9,067 respondents from the first phase taking part in it. As revealed by GambleAware, the survey used the…

Some analysts have blamed Australian regulators for dealing with businesses of little importance for far too long. Now, they have been optimistic that the situation is starting to change considering the ongoing investigations and inquiries of the Crown Resorts’ casino business. The shares of the Australian casino giant Crown Resorts fell by 8.2% yesterday after the Australian Transaction Reports and Analysis Centre (AUSTRAC) confirmed it started an investigation into the company’s practices related to high-risk patrons of its Melbourne casino. Apart from that, the gambling operator has been subject to…

No matter the Spanish Government has been imposing more restrictions on the country’s gambling sector, the market seems to have preserved its attractiveness to operators from all over the world. Spain hosts a large number of gambling companies and the list has just gotten even larger. As revealed by the local gambling watchdog – the Directorate General for the Regulation of Gambling (DGOJ) – William Hill’s subsidiary Mr Green has received an operating license under which it would be able to offer its services in Spain. William Hill may have…

Casino giant Crown Resorts is now facing a new challenge for its operating licences and the prospect of being imposed massive monetary fines after the Australian Transaction Reports and Analysis Centre (AUSTRAC) informed that it has recognised potential non-compliance issues at the company’s Crown Melbourne casino. As revealed in a statement by the Australian casino company, the potential non-compliance involved some concerns associated with ongoing customer due diligence, as well as with complying with, adopting and maintaining a counter-terrorism and anti-money laundering financing program. The casino giant shared that the…

Malta-based online gambling company Genesis Global Ltd is back in business after the UK gambling regulatory body lifted the suspension on its operating licence earlier this week. Now, more than two months following the ban, the gambling firm would be able to resume operations, as the UK Gambling Commission (UKGC) ruled they are fit for the country’s gambling market. Following the gambling watchdog’s decision from October 14th, Genesis Global would be able to resume the operations of its online casino brands in the country, including, genesiscasino.com, casinoplanet.com, casoola.com, casinojoy.com, casinocruise.com,…

The Advertising Standards Authority (ASA) investigated and upheld three issues associated with a gambling advertisement of Profit Accumulator. One complainant addressed the advertising regulatory body in regard to a paid-for post on Facebook and a website for the casino bonus hunting service offered by Profit Accumulator, trading as Bonus Accumulator. The paid-for Facebook post was seen by the complainant on June 9th, 2020. It featured a video focused on providing an explanation of how the service offered by the company worked. The complainant, however, challenged the video advert for some…

The Australian Communications and Media Authority (ACMA) revealed that it intends to request local Internet Service Providers (ISPs) suspend two more foreign gambling websites that have been illegally offering their services to Australian customers. The two illegal foreign gambling websites that are to be blocked are Fortune Clock Casino and Dinkum Pokies. The regulatory body called for all Australian users who are customers of these websites to withdraw any money they may have in their accounts with the operators. The action against Dinkum Pokies and Fortune Clock Casino was taken…