Author: Olivia Cole

Online casino and sports betting operator MoPlay has ceased its operations on the territory of the UK following the suspension of its parent company’s gambling license by the country’s gambling regulatory body. Last week, the UK Gambling Commission (UKGC) confirmed that it decided to suspend the gambling license of Addison Global under section 120(1)(b) of the UK Gambling Act 2005. The British gambling watchdog acted on suspicion that the gambling company had violated its licensing rules. The suspension means that Addison Global is not legalised to offer gambling services via…

It seems that gambling operators’ dominance in professional Scottish football competitions is slowly being reduced. One of the leading UK gambling companies, William Hill, is ending its long-year sponsorship relationship with Scottish football, as the deal between the two parties is not to be extended. A few days ago, a local media reported that William Hill had made a decision to end its nine-year sponsorship agreement with the Scottish Cup as of the end of the current season in May 2020. According to estimates, the sponsorship efforts of one of…

Hedge fund mogul Ken Griffin has built a bet against one of the biggest UK gambling operators, GVC Holdings as the company is trying to fight stricter regulation that could be released. Mr Griffin, who is the founder of Citadel hedge fund, has placed an £80-million bet against the operator that currently owns one of the largest high-street bookmaker chains, Ladbrokes Coral. As reported by The Sunday Times, Citadel’s owner has now shorted the shares of GVC Holdings, hoping to derive profit from a decline in the shares’ value. Reportedly,…

Boyd Gaming, a large gambling company based in the US, has shared that a deal inked with an Irish gambling group has been helpful to attract new customers. The announcement that new clients have been lured to Boyd Gaming’s casinos thanks to its partnership agreement with Flutter Entertainment, which currently owns one of the largest bookmakers in the UK – Paddy Power Betfair – comes only a few days before the Irish gambling giant is set to publish its results later this week. At the same time, gambling regulatory bodies…

Major Australian gambling operator the Star Entertainment Group decided not to challenge the NSW Planning Commission’s rejection of its proposed multi-million hotel and apartment tower in Sydney’s suburb Pyrmont. The proposed project, which involves a 66-story tower, was dismissed by the Independent Planning Commission in November 2019. The dismissal caused a wave of criticism on behalf of major developers and media supporters of the project like radio presenter Alan Jones of 2GB’s The Alan Jones Breakfast Show. The operator planned to include facilities like libraries, function spaces, and a neighbourhood…

Sports betting giant Betfair Australia has decided to remove its entire Rugby League offering just weeks before the start of the season. Tensions between the sports wagering industry and the National Rugby League continue to mount over the newly proposed premium tax that would be levied on the State of Origin and grand finals betting. The NRL plans to cash in on its most popular events, including the three Origin clashes and the grand final, by increasing the tax for allowing sportsbooks to offer bets on these matches. As revealed…

The biggest gambling company in Australia, Crown Resorts Ltd, revealed earlier today that its gambling turnover generated by affluent Chinese customers dragged its half-year profit to a decline. The company also noted that travel limitations that have been imposed as part of the prevention measures for the coronavirus are expected to also affect its business in a negative way. Today, the casino company unveiled its financial results for the six months ended on December 31st, 2019. The figures have reflected the effects of the many challenges faced by the company…

The owners of the sports betting exchange Matchbook accepted the findings shared by the UK Gambling Commission (UKGC) and confirmed they take their responsibility as a gambling operator seriously. Apart from that, it became clear that a two-year review of the company was carried out prior to the announcement of the company’s licence being suspended by the gambling regulatory body of the UK. At first, there has been pretty scarce information regarding the reasons why Matchbook had their licence suspended. Yesterday, both the company’s owner Triplebet and the UK Gambling…

The operating licence of the betting exchange company Matchbook was temporarily suspended by the UK Gambling Commission (UKGC) with the reasons still unknown. According to media reports, Matchbook contacted its British customers on February 17th via email to inform them that the major gambling regulatory body in the country had made the decision to temporarily ban the operating licence of Triplebet. As a result of the decision, the company informed its customers that its casino and sports betting activity in the UK would be briefly closed as of 23:59 on…

Last night, English Premier League (EPL) football club Everton revealed their decision to end their sponsorship with the Kenyan gambling company SportPesa at the end of the ongoing season. As announced by the football club, the end of the deal would come two years earlier than initially planned. Back in 2017, the two parties agreed on a five-year deal that has become increasingly controversial for a Premier League club, although it was a high-profile one. The very fact that the agreement was inked with a gambling company fuelled much criticism,…