Company Reports

At the time when the UK was getting ready to issue a new licence for the operation of the country’s National Lottery, many believed that the incumbent operator – Camelot Group – would remain as the holder of the NL operating permit. However, the UK Gambling Commission (UKGC) surprisingly chose another company – the Czech Republic-based Allwyn – to operate the National Lottery, catching Camelot’s owner, the Ontario Teachers’ Pension Plan (OTPP), pretty much unprepared. As Casino Guardian already reported, the OTPP eventually sold the assents of Camelot Group to…

One of the gambling giants operating in Australia has pleaded guilty to multiple counts of charges of breaching the casino rules in Queensland. Star Entertainment, which currently operates the Star Gold Coast and the Treasury Casino in Brisbane, faced the charges on December 14th, 2023. As revealed by Attorney General Shannon Fentiman, the charges were associated with the purchase of gambling chips with a credit card, with the gambling operator’s wrongdoings occurring in the period from June 2017 to December 2018, and then from March 2022 to April 2022. The…

A south Wales-based problem gambler has criticised William Hill for not doing enough to prevent him from betting at the time when he was placing thousands of pounds on single wagers. Reportedly, the man racked up more than £70,000 of debt with the British gambling company in the period from 2012 to 2019. Now, he is upset by the fact that the operator did little to help him get out of his gambling addiction’s vicious circle, especially considering the fact that bookmakers are required to intervene whenever their customers show…

Western Australian Government’s response to the Perth Casino Royal Commission, which found shortcomings in its oversight of Crown Perth casino, was tabled in Parliament, marking an important milestone for the only casino in the state. In it, the WA Gaming Minister has defended the decision not to establish a dedicated group to take into consideration the matter of the oversight of the state’s only casino. As Casino Guardian previously reported, in March 2022, the Royal Commission into Crown Perth found the casino unsuitable to hold an operating permit in Western…

Australian gambling giant Tabcorp has warned it could bring its competitors Ladbrokes and Neds to court as it seeks to put an end to a partnership that puts its monopoly in New South Wales (NSW) clubs and pubs in danger and raises the prospect of more gambling adverts inside venues. The legal dispute comes to prove exactly how competitive Australia’s sports betting industry is, with operators battling for a bigger share of the local market. Tabcorp, which is historically known mainly for its in-store betting services, is now prioritising online…

Irish gambling operator Paddy Power has recently issued a statement arguing some claims that the company is focused on establishing its long-term suitability not only because of the “goodness of its heart”. One of the people who established the gambling operator in the late 1980s – David Power – has now argued that Paddy Power is primarily focused on profitability, saying that guaranteeing the gamblers’ safety is an extremely important part of the company’s plans for success in the longer term. According to him, this is the only way that…

High-rolling gambler Lester Hui is being taken to court by Aspinall’s Clubs Ltd for his failure to pay up after losing almost £600,000 at the brand’s iconic casino in Mayfair. The casino patron, however, claims that the casino staff encouraged him to gamble more and more by offering him alcohol until he was “blackout drunk”. Crown London Aspinalls seems to have had enough of a delay with the settlement of the player’s debt, so Mr Hui is now being sued by the casino operator after spending a massive amount of…

Industry experts have recently noted that Isle of Man-based gambling giant Entain Plc could still be part of the plans of the US casino and gambling company MGM Resorts International, even though several weeks ago the operator shared that it would no longer pursue a takeover of its partner. Only a few days ago, the bookmaker published its financial results that managed to hit the top end of preliminary expectations, which disappointed markets and resulted in a 4% decline of the shares on Friday, March 10th, trading. After rising by…

Reaching an agreement to take over the non-US gambling assets of William Hill from the brand’s previous owner – Caesars Entertainment – might turn into a true nightmare for the new owner, 888 Holdings. Although the company has been experiencing enough trouble already, it could now be forced to pay one of the largest fines ever faced by a gambling operator as a result of its new subsidiary’s violations. As Casino Guardian reported at the time, in 2022, 888 Holdings struck a deal with US gambling giant Caesars Entertainment over…

One of the largest UK gambling operators will be forced to pay $4 million as part of a settlement with the US Securities and Exchange Commission over allegations that the company breached foreign bribery law by handling payments to consultants based in Russia. Dublin-based Flutter Entertainment, which some of the most popular brands on the international gambling market, such as Paddy Power, PokerStars, FanDuel, etc., reached an agreement with the Government agency over the violations mentioned above by the previous owner of its PokerStars brand – the Stars Group. Flutter…