A patron of SkyCity Casino’s Auckland outfit accused the gambling operator of trying to expand its membership base by demanding visitors to join its loyalty programme. The visitor, who insisted to remain anonymous, complained to local media that staff members demanded that he register for the casino’s rewards programme before he was permitted to enter the casino floor. The man claims a member of the casino’s personnel stopped him at the entrance and demanded to know whether he was a member of SkyCity. Upon giving a negative response, the man…
Read MoreAuthor: Olivia Cole
Crown Failed to Monitor Two Suspicious Accounts, Chief Legal Officer Admits
The chief legal officer of Crown Resorts, one of the biggest entertainment groups in Australia, unveiled during a public inquiry that the gambling company’s anti-money laundering department failed to monitor adequately two suspicious bank accounts. The inquiry in question was conducted yesterday by the Independent Liquor and Gaming Authority of New South Wales. The Australian Commonwealth Bank and the Australia and New Zealand Banking Group (ANZ) blocked the accounts of the two Crown customers once they noticed several suspicious money transfers have been processed. The transactions totalled hundreds of thousands…
Read MoreUKGC Says New National Lottery Licence Holder Will Be Required to Pay a Fixed Sum as Charity Donations
Earlier today, the UK Gambling Commission (UKGC) explained that the new operator of the country’s National Lottery will be expected to donate a portion of its profits to good causes after the current holder of the operating licence faced criticism for not boosting the amount of money contributed to charity organisations despite generating considerable profit growth. The country’s gambling regulator that also oversees the operation of the UK National Lottery shared that no matter who ran the lottery would be required to spare a fixed amount to the fund that…
Read MoreCustomer’s Shift to Online Gambling Helped Flutter Entertainment in Covid-19 Crisis, Despite 70% Pretax Profit Decline
The largest gambling operator on a global scale, Flutter Entertainment revealed that its profits for the first half of the year suffered a sharp 70% decline to £24 million as the company suffered from the negative impact of the coronavirus pandemic on sports. The company revealed that its pretax profit declined from £80 million during the same period a year earlier to £24 million in the first six months of 2020. The gambling giant also shared that it faced increased costs primarily due to its multi-billion merger that was completed…
Read MoreASA Recognises Gambling Companies as the Second-Biggest Violators of Age-Restricted Advertising Rules
The UK advertising regulatory body revealed that, according to the most recent data, it is gambling operators, along with junk food manufacturers, who air the most child-inappropriate adverts on online media. Earlier today, the Advertising Standards Authority (ASA) issued its latest report focused on age-restricted advertising after using the findings from its online monitoring that has helped the watchdog identify and tackle age-restricted advertising appearing in children-focused platforms. The regulator paid special attention to how such age-restricted ads often remain unnoticed by watchdogs and finally find their way to domains…
Read MoreTabcorp Announces Completion of Its Entitlement Offer’s Institutional Component amid Annual Loss Due to Covid-19 Crisis
The beginning of the week saw Tabcorp Holdings Limited announce the completion of its institutional component that has been part of its underwritten accelerated renounceable entitlement offer for new company shares. The share offering process was aimed at raising gross proceeds estimated at about AU$600 million. The completion of the abovementioned institutional component was confirmed by Paula Dwyer, Tabcorp’s Chair, who also said that the entitlement offer attracted approximately 97% take-up. Ms Dwyer further noted that the institutional shareholders, who did not take-up their entitlements, are set to receive an…
Read MorePlaytech’s Titanbet Bookmaking Site to Withdraw from Spanish Regulated Online Gambling Market
Isle of Man-based online gambling technology company Playtech is set to withdraw its Titanbet brand from the gambling regulated market of Spain as of September 14th. Several days ago, the online betting affiliate Legalbet revealed that the Spain-facing web portal of Titanbet had informed its users that it would stop offering its services to local customers as of September 14th. The brand, which is one of the oldest bookmakers operating on the territory of the country, will no longer allow Spanish customers to register with its website. Furthermore, no more…
Read MoreBGC Reports Significant Reduction in Number of Televised Gambling Ads Accessed by Children Due to “Whistle-to-Whistle” Ban
According to a new report presented by the Betting and Gaming Council (BCG), a ban on TV gambling advertising during live sports events has significantly reduced the access of underage individuals to such ads. Experts have shared that the measure known as “whistle-to-whistle” ban has reduced the number of TV-aired gambling ads accessed by children between 4 and 17 years of age by 97%. Under the conditions of the suspension, gambling ads are not allowed to be displayed on TV from five minutes before a live sports event’s beginning until…
Read MoreScottish Casinos to Resume Operation on August 24th Following Further Relaxation of Coronavirus Lockdown Measures
The Betting and Gaming Council (BGC) has welcomed official confirmation that casino venues in Scotland will be allowed to resume operations on August 24th. The announcement was made by First Minister Nicola Sturgeon at the time she revealed further relaxation of coronavirus lockdown measures in the country. Scottish casinos have been shut since March as part of the UK Government’s effort to tackle the further spread of the Covid-19 infection. The reopening of casinos in Scotland follows several pleas for more clarity on the issue for the 11 casinos’ workers.…
Read MoreSwansea City A.F.C. Replaces Gambling Firm Yobet as Its Shirt Sponsor Following Increased Criticism
Swansea City A.F.C. became the highest-profile professional football team that decided to drop a gambling operator as its shirt sponsor. The football club, which occupied the sixth position in the Championship, revealed that it will replace the online betting company Yobet with Swansea University as its main shirt sponsor. The move comes after the club faced increased pressure from anti-gambling campaigners, who have been calling for stricter measures to prevent the increased presence of gambling companies as sponsors of professional football teams. Swansea City football club has had gambling operators…
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