Author: Olivia Cole

The Australian casino company Crown Resorts has revealed that a mechanism for cashless chip purchases at its gaming tables is being tested. The announcement triggered controversial reactions among gambling addiction groups and gambling charities that have shared they expect such a move to result in problem gambling rates’ surge. As Western Australian 6PR radio station reported yesterday, the Crown Perth casino has unveiled plans to start a test-run of an EFTPOS system (an abbreviation that stands for an “electronic funds transfer at point of sale”). The casino operator has shared…

The number of customers using the gambling block mechanism offered by the British online bank Monzo has more than doubled over the past year. Monzo Bank was the first to introduce the gambling transactions block function in June 2018 as part of some efforts to help its customers better control their gambling habits. However, the number of users who have taken advantage of the feature remains relatively small. At the time when the bank launched the feature, it explained that it is able to identify when a gambling transaction is…

Responsible Wagering Australia (RWA), the independent peak body that represents the country’s online gambling sector, has made claims that consumer credit data does not present accurate information regarding the public spending on gambling services. The claims have been made at a time when some concerning reports of an increase in gambling activity in Australia are being released. According to Brent Jackson, Chief Executive Officer of RWA, historical consumer credit data was being used to present a surge in Australian people’s gambling activity during the coronavirus crisis. Mr Jackson, however, believes…

Earlier today, gambling operator GVC Holdings Plc revealed that British tax authorities had stretched the probe into the former online gambling unit of the operator in Turkey. The expansion of the investigation will include unidentified entities that had operated under the lead of the LSE-listed gambling giant. The HM Revenue and Customs (HMRC) gave start to the probe towards the end of 2019, with the investigation being directed at third-party suppliers that previously worked in collaboration with the gambling group over processing of money transactions at the aforementioned Turkish division.…

On July 20th, the UK Gambling Commission (UKGC) announced that it has started a probe into the operating licence of the online gambling company Genesis Global Ltd due to several compliance issues. As explained by the UK gambling regulatory body, the Operating Licence No 000-045235-R-324169-010 that the company currently holds for offering real event betting, online gambling and casino gambling is to be suspended while the review, which is to be held under sections 116 and 118 of the Gambling Act 2005, takes place. Under the provisions of the Gambling…

Recently, the Australian Communications and Media Authority (ACMA) has revealed that it is preparing to request from the local Internet Service Providers (ISPs) to suspend Australian residents’ access to a further 11 offshore gambling websites that were found to be illegal. The regulatory body has also urged local users to make sure they withdraw any money they might have in their accounts as soon as possible. The decision of the ACMA came after the regulator received more than 35 complaints that these services can be accessed on the territory of…

New research held by GambleAware showed that female gambling addicts in the UK are more likely to be young, from a BAME (“black, Asian or minority ethnic”) background and working class. A couple of days ago, the largest problem gambling charity in the UK – GambleAware – issued a report that was compiled from YouGov that was aimed at checking the experiences of women and gambling. A total of 6,190 female and 5,971 male residents of the UK took part in the three-week survey in the autumn of 2019 to…

The Chief Executive Officer of GVC Holdings, Kenneth Alexander, is set to part ways with the company that he managed to expand into a global gambling company over the 13 years he headed the operator. Mr Alexander was appointed at the CEO role in 2007 when GVC Holdings was still a small gambling tech operator. As of July 17th, the CEO is to hand over the position to his now-Chief Operating Officer (COO). Although the announcement, which was made earlier today, came as a surprise, it turned out that the…

New research among British gamers found that many of them believe that the implementation of political and social stories in the last ten years had affected gaming in a negative way. Such an opinion has been shared by more than 50% of the survey participants. The survey was carried out by OnBuy.com, a UK online marketplace. It showed that when asked whether video games had become more entertaining over the past ten years, only 47% of the participants agreed. The majority of the video gamers, who took part in the…

Suspending gambling operators from being shirt sponsors of professional football clubs is one of the most logical things for the competent authorities to do within the scope of the new Gambling Act, according to Carolyn Harris MP. For her, changing the law in this area is an obvious thing to do and local lawmakers need to tackle the matter as soon as possible. Ms Harris, who currently heads an all-party parliamentary group aimed at tackling gambling-related harm in the country, has shared that a new Gambling Act is set to…