Author: Olivia Cole

The British gambling operator BetFred has been accused of withholding funds from punters in spite of its promise to honour the former MoPlay customers’ funds. In March 2020, BetFred announced the takeover of MoPlay’s customer database from a Gibraltar-based liquidator following the announcement of insolvency of the online gambling brand’s former owner, Addison Global. Shortly before this happened, the then-owner of MoPlay had stopped processing its customer withdrawals following the decision of the gambling watchdogs first in Gibraltar and then in the UK to revoke its operating licence. At the…

A recent investigation held by The Guardian has shown that the online gambling operator MansionBet accepted redundancy payout from a player as proof that they could afford to spend thousands of pounds to bet with the company. According to reports, the gambling company then rewarded the player by offering them VIP enhancements for doing so. The evidence reviewed by The Guardian has revealed that a 44-year-old male player has been literally bombarded with free bets and football tickets by the online gambling company even at times when his gambling was…

Online gambling operator 888 Holdings has reiterated its commitment to help UK regulatory authorities prevent local residents from being affected by gambling addiction and said this task remains a paramount priority amid the global coronavirus crisis and the massive lockdown that it resulted in. The Gibraltar-based gambling business acknowledged that the stress and economic uncertainty that was triggered by the Covid-19 pandemic was affecting people. 888 Holdings further explained that it was continuing to communicate with its customers and raise their awareness of why they need to make sure they…

Online casino Videoslots has introduced new obligatory loss limits applicable to all its players on the territory of the UK. The mandatory loss limits have been enforced as a new safety measure aimed at protecting British players during the Covid-19 pandemic, as online gambling participation rates have been rising during the coronavirus outbreak while most people are forced to stay at home. The online casino operator shared that it hopes the freshly-adopted loss limits will keep their customers safe without depriving them of their fun. As revealed by Videoslots, the…

The Advertising Standards Authority (ASA) has urged the local people to file reports about gambling adverts that make reference to the coronavirus crisis and promised to take swift measures against those who breach advertising code rules. The regulatory body explained that the way online gambling services are conducted, including the frequency and nature of their advertising, was a matter of paramount priority when it comes to regulation under the ongoing pandemic. According to the ASA, the massive lockdown has resulted in the establishment of what the regulator described as a…

Today, the UK Gambling Commission (UKGC) provided reasoning for the suspension of the online gambling business Triplebet’s operating licence that was announced earlier in 2020. As Casino Guardian reported at the time, Triplebet, which operated a remote casino and a betting exchange under the Matchbook branding, had its operating licence suspended with immediate effect on February 17th. The measure was unveiled as part of a larger regulatory package of sanctions for money laundering and social responsibility failures of some gambling businesses across the country. The probe carried out by UKGC…

One of the biggest gambling companies in Australia – Tabcorp – has decided to take measures to offset the negative impact that the shutdown of brick-and-mortar licensed betting shops and TAB agencies and the cancellation and postponement of major sports events are having on its performance. Even though some new sports betting options, such as the Belarusian Premier League, have emerged in the light of coronavirus crisis, they have not been able to compensate for the revenue that would have been generated by the company as a result of its…

The shares of one of the largest gambling companies in the UK, GVC Holdings, experienced a surge on Monday trade, despite the company published a first-quarter trading update revealing expectations for significant monthly losses because of the Covid-19 pandemic. The share price of GVC Holdings rose by 18.5% to close at 573.2p on Monday afternoon. Previously, the gambling operator had noted that the global closure of retail gambling hubs and cancellation or postponement of international sports events was expected to reduce its monthly earnings before interest, tax, depreciation and amortisation…

A few days ago, the Independent Liquor and Gaming Authority in New South Wales revealed that the ongoing inquiry into the sustainability of Crown Resorts to hold a gambling operating license in the state had been postponed for an indefinite period of time due to the coronavirus pandemic. The state’s gambling watchdog explained that it had decided that most of the casino inquiry actions would be deferred in the light of the ongoing Covid-19 crisis until it is considered safe for all public aspects of the probe to resume. The…