Author: Olivia Cole

UK gambling operators are now trying to lure customers to their online gambling services, including casino and poker games, at a time when they are trying to compensate for the loss of revenue from the cancellation of sports events and the closure of high-street betting outlets due to the coronavirus infection spread. As explained by the Chief Executive Officer of GVC Holdings, Kenny Alexander, the transition of customers from land-based to online casino and gambling services was working “reasonably well”. He further noted that the company did not stop operation…

Thousands of people have signed a petition calling for Crown Casino Melbourne to shut its operations amid the outbreak of the coronavirus, and at a time when many events that are important to the city are being cancelled or restricted. Social indoor gatherings at which more than 100 people are being present have been banned, with the measure affecting the entertainment and cultural life in Melbourne. The sports life has also been suffering due to the Covid-19 outbreak, with the Grand Prix being cancelled last weekend, and the AFL’s opening…

The UK gambling watchdog has revealed that another online gambling company has seen its operating licence suspended as part of regulatory action. This is the fourth regulatory action of this kind over the last five weeks. On March 17th, the UK Gambling Commission (UKGC) revealed that it has undertaken a licence review into International Multi-Media Entertainment Limited, which holds an operating licence No. 003-039526-R-319314 trades as Lotteries.com and also known as “The Lottery Centre”. The regulatory probe has been initiated under the provisions of s116 of the Gambling Act 2005.…

Apparently, the UK gambling company Betfred has managed to win the competitive auction for MoPlay’s database after the company that owns the online gambling brand, Addison Global, has fallen into insolvency. There has been strong competition between the companies willing to acquire the customer database involving the UK business of MoPlay. Apart from Betfred, who now seems to have won the competition, companies such as BetVictor, Virgin Media and Star Sports have also been involved in the auction that started after Addison Group sent an email to inform its customer…

The beginning of the week saw the sports betting and gambling giant GVC Holdings publish an update regarding the impact that the coronavirus outbreak and the subsequent cancellation of sporting events are expected to have on its performance. Less than a fortnight ago, on March 5th, 2020, the gambling group issued a trading update for the period from January 1st to February 23rd, saying that its performance so far in the year to date was strong. At the time, GVC Holdings said that its group net gaming revenue increased by…

Two of the biggest gambling operators on the territory of Australia – Crown Resorts and its rival Star Entertainment Group – are unveiling “social distancing” measures at their casinos in the country to respond to the spreading coronavirus epidemic. Earlier today, both companies announced the above-mentioned “social distancing” measures, as part of which their Australian customers will be kept apart by switching off ever second gaming machine and electronic table available at the two operators’ casinos across the country. The number of players at live table games is also set…

The stock market collapse seems to have not been so bad for Betfred, as the gambling giant’s billionaire owner Fred Done has managed to take advantage of the situation, making a move on another leading gambling company. About a week ago, the founder of Betfred was reported to have started purchasing shares in rival gambling operator William Hill, with his stake in the company rising throughout last week. At the same time, William Hill’s stock suffered a considerable decline. According to reports, Mr Done remains willing to continue buying more…

Yesterday, a New South Wales (NSW) court ruled that casino giant Melco Resorts and Entertainment Ltd needs to hand over some legally-privileged documents regarding the sustainability of Crown Resorts’ gaming licence as a result of a regulatory probe faced in the Australian state. Now, the only legal way for Melco’s boss to keep that legally-privileged documents secret is to use his last option – an appeal in the High Court. The casino operator has been trying to prevent the perspective of keeping the above-mentioned documents associated with its acquisition of…

Earlier today, the UK Gambling Commission (UKGC) revealed that the online gambling business Betway is set to pay £11.6 million due to a series of failures associated with social responsibility and money laundering failures associated with dealing with seven high-roller customers of the company. Apart from that, the online gambling operator would be forced to implement a package of measures in order to make sure the failures are no more to happen. In one of the cases, Betway failed to carry out the required checks of an affluent customer’s source…

The Advertising Standards Authority (ASA) warned Profit Accumulator, a company offering match-betting information in return to a subscription fee, over two posts on its official Instagram account. The complaint was filed by an individual, who challenged whether the posts suggested that matched betting could be used by customers as a way to guarantee themselves financial security, saying such adverts were irresponsible. As mentioned above, both posts were uploaded on the company’s Instagram account. The first one was seen on March 22nd, 2019, with the post including an image featuring a…