A gambling company based on the Isle of Man commented on the recently announced decision of the UK Gambling Commission (UKGC) to no longer allow customers to use credit cards to place bets. The island company, which is currently heavily involved in the online gambling sector, shared its position after information that the British gambling watchdog intends to stick to its tough enforcement actions, with the credit card ban in gambling set to be officially unveiled on April 14th. The move, which is to affect all forms of gambling except…
Read MoreAuthor: Olivia Cole
Federal Court Cancels 2019 Ruling Allowing Crown Resorts’ Shareholders to Use Employees as Witnesses Despite Secrecy Provisions
Shareholder lawyers, who have started a class action against Crown Resorts in an attempt to crack open secrecy provisions in the contracts of the casino operator’s employees who had faced criminal conviction for promoting gambling in China, have failed. Earlier today, the federal court cancelled a ruling from 2019, under which the company shareholders’ legal representative Maurice Blackburn was given the chance to collect documents and witness statements from the 19 ex-workers. Now, due to the ruling of the federal court, Mr Blackburn would face the dilemma of either attacking…
Read MoreNSW Inquiry Counsel Says Crown Resorts May Have Violated Its Casino Licence by Failing to Inform Regulators about Melco Deal
The counsel who has been assisting the New South Wales probe into the Australian gambling behemoth Crown Resorts has revealed that the company’s failure to inform the competent authorities about the 20% stake sale to Melco International prior to the deal itself could be a violation of the casino operator’s casino licence. Adam Bell SC further noted that apart from a possible violation of the Barangaroo casino licence, such a breach could raise questions about the sustainability of Crown as a casino operator. The NSW probe started last week. During…
Read MoreCampaigners Call for the UKGC to Reveal Details Regarding Betway’s Ownership Following Allegations of “Grooming” Gambling Addicts
The UK Gambling Commission (UKGC) is facing fuelling pressure to reveal the identity of the wealthy magnate who owns the gambling operator Betway that has recently been under fire. The online gambling company has caused much criticism after it was revealed that it used some “grooming” messages and special incentives worth up to £5,000 to encourage the most-losing customers to continue gambling. A number of cases regarding gambling addicts who have been lured into the dangerous habit were made public fuelled the criticism against the operator, and some anti-gambling campaigners…
Read MoreBetFred Owners Face Criticism for Possible Conflict of Interest Between Multi-Million Gambling Business and Problem Gambling Consultancy Firm
The billionaire owners of BetFred – brothers Fred and Peter Done – have faced criticism for making millions on the back of gambling addicts and problem gambling services paid by local taxpayers. The owners of the gambling company also own a company that offers professional counselling and treatment to problem gamblers. The company, called Health Assured, currently holds contracts estimated to no less than £2.5 million with multiple NHS Trusts and councils. The company provides help and counselling for various problems, including compulsive gambling and depression. Reportedly, the owners of…
Read MoreNSW Gambling Regulator’s Inquiry into Crown Resorts Operations to Start Next Week
The first one of three inquiries into Crown Resorts and the operations of its casino business is set to start on January 21st in Sydney. No witnesses are expected to be called at that date, as they are set to join the New South Wales inquiry at a later stage when the inquiry action will start in full swing. Apart from the inquiry that was initiated by the NSW Independent Liquor and Gaming Authority, there are two others – the public hearings that are set to be held at a…
Read MoreMore Than 35% of British People’s Spending Generated Through Online Gambling, Latest Data Show
The UK Gambling Commission (UKGC) has released some data to illustrate how British people gambled in the period from March 2018 and April 2019. According to the details unveiled, local citizens gambled away the overall amount of £14.4 billion in the aforementioned period, with their spending being divided into seven major types of gambling. The data provided by the UKGC shows that online gambling has become more popular among British residents. Their spending on remote gambling websites and applications amounted to 37.1% of the overall spending in the period between…
Read MoreRecently Announced FA Cup Media Rights Deal Faces Investigation by the UKGC
The UK gambling regulatory body is probing the recently-announced scandalous deal under which a number of gambling companies were given exclusive media rights to broadcast FA Cup matches on their websites. Following a massive wave of criticism, Ministers from the UK Government have also made a commitment to review the 2005 Gambling Act as part of a move that could significantly affect revenues derived from sponsorship agreements in British football. Last week, both Members of Parliament and anti-gambling campaigners strongly criticised the Football Association (FA) and some of the largest…
Read MoreWhy More and More Online Gambling Companies Exit the UK Market?
The last couple of years have been challenging for the UK gambling market and the companies that offer their services there. Regulatory and political turmoil has shaken the sector and has made some operators lose interest to further expansion there, with some of them even leaving the UK for more prominent markets. The UK gambling sector has always been earmarked as a safe and well-regulated destination for gambling companies to offer their services. These qualities have been considered major advantages by the operators to invest their efforts into bolstering their…
Read MoreNine More Gambling Websites to Be Blocked by Australian ISPs Following ACMA Order
Today, the Australian Communication and Media Authority (ACMA) issued an order to make local Internet Service Providers (ISPs) suspend another nine online gambling sites that it has found illegal. The nine gambling websites that are set to be blocked under the latest order of ACMA are XBet, AU Slots, Roo Casino, Top Bet, Wager Beat, Casino Dingo, GW Casino, Ignition Casino, and Joe Fortune. As revealed by the nation’s communications and media watchdog, over 79 complaints regarding the aforementioned operators’ services had been submitted. The ACMA further explained that the…
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