Company Reports

At the end of March, it was announced that the betting company Entain won over several global gaming operators, including Australia’s Tabcorp, in the race for a licence with TAB New Zealand. The partnership between the two companies is set to provide TAB NZ’s wagering and broadcast operations while also ensuring funding of more than NZ$1 billion in the first five years of their 25-year licence agreement. After the Government approved the partnership between TAB NZ and Entain, it was announced that Mike Tod will step down from his position…

On Monday, 888 Holdings announced it has finalized a sale of its Latvian business shares for £22 million. The sale of the said assets was part of 888’s strategy to put its focus on its main markets. The gambling and betting company listed on the London stock market shared that it has sold 90% of the shares of its business to Paf Consulting Abp. Thanks to the acquisition deal, Paf will also receive a brand license, allowing the company to operate the websites WilliamHill.lv and MrGreen.lv, which will ensure a…

Starting September 1, all clubs and pubs in New South Wales (NSW) will have to remove any gambling-related signage. The ban on all external gambling signs comes as the new Labor government is making sure to fulfil its election pledge. Starting next week, all pubs and clubs will be formally notified that they will need to replace or alter their gambling-related signs before the start of September. Venues will have three months to take the required actions to be compliant with the new ban. If they fail to do that…

The biggest sports betting operator in Australia, Sportsbet, has faced an AU$13,0000 monetary penalty as a result of its failure to intervene at the time when a new customer went on a 24-hour betting spree several years ago. Late last week, the Northern Territory Racing Commission published a decision notice, saying that Sportsbet was found to have allowed one of its consumers to deposit over AU$15,000 within 24 hours less than a week after the customer created their betting account with the operator in October 2019. As a result of…

Earlier today, the Australian Communications and Media Authority (ACMA) announced that it has handed out a formal warning to the online gambling company Feral Holdings. As a result of the warning the operator’s CS:GO Roll platform has been withdrawn from Australia after the regulator found that the company has been providing local customers with interactive gambling services – something that is currently not allowed under the country’s gambling legislation. An investigation has been carried out by the regulator, which eventually found CS:GO Roll website was offering casino-style online games to…

The British gambling giant bet365 is currently facing another litigation in its domestic market, as the company is facing accusations of not meeting the responsible gambling obligations under its operating licence. According to reports, one of the major pieces of evidence in the legal action is proof that a customer of the gambling company made 162 bets in one day alone, which bet365 believes is totally acceptable. The legal action against the British gambling company has been started by Vayuputra Anirudh Thotapalli after he lost almost £300,000 on the online…

One of the leading gambling brands in the UK is facing allegations of paying blogs aimed at providing motherhood advice to new mothers to popularise its online casino games. The recommendations have been paired with a link to the company’s online gambling platform, in a move that some leading mental health and addiction experts have described as a predatory practice. According to reports, the popular gambling and betting brand Coral inked deals with parenting bloggers to have links to their website embedded in posts offering tips aimed at new mothers.…

One of the largest gambling charity organisations in the UK – GambleAware – issued a report revealing that it received overall donations worth £46.5 million for 2022/2023, 92% of which was generated by four major gambling companies. GambleAware is focused on providing British problem gamblers with professional help and consultation regarding gambling addiction and gambling-related harm. The organisation offers information on safer gambling, as it recognises the risks associated with gambling, especially when it comes to people who tend to be spending more than they can actually afford to, and…

A businessman who refuses to pay £600,000 that he happened to lose in just one night at an iconic London casino has claimed that he was unable to gamble because of getting drunk after the venue’s staff offered him multiple shots of 54% Chinese “firewater”. The 54-year-old Lester Hui shared that he was forced to drink a shot of the aforementioned Maotai liquor after losing the “liar’s dice” drinking game to a senior executive at the Mayfair-based Crown London Aspinalls in February 2016. In front of the High Court in…

The largest sports betting operator in Australia, Sportsbet, was found to have violated industry standards by implying that successful gambling would result in sexual success and make men more attractive. As revealed by a competent regulatory body, the controversial TV advert of the sports betting company was aired during football coverage. It showed a man dressed in shabby clothes who lay on his couch at home and who is teleported to an awards ceremony, dressed in fancy clothes after winning his multi-bet. In a registered complaint to Ad Standards –…