The regulatory body for thoroughbred racing in New South Wales – Racing NSW – has started an investigation into the relationship between Steve Fletcher, a famous punter, and former trading manager of Tabcorp Sally Snow and, by extension, the professional punter Nathan Snow who is her husband. On March 6th, Mrs Snow was warned off all NSW tracks and later resigned from her position as trading manager at Tabcorp, following a number of requests to hand over her mobile phone to staff which she refused to do. She refused to…
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UKGC Satisfied with How BetBright Handled Ante-post Bets Situation Following Investigation
After the major UK gambling regulatory body launched an investigation into the ante-post bets’ voiding by BetBright, this Wednesday it said that the Dublin-based digital entertainment and online sports betting company told it that it had faced what it called “a very real possibility” of insolvent liquidation. Reportedly, the UK Gambling Commission (UKGC) said that it was satisfied with the way the gambling company had handled the situation. On the other hand, the punter whose ante-post bets were voided by the Irish bookmaker is still preparing to launch legal action…
Read MoreNew Swedish University Study Claims Gambling Addiction Boosts Suicide Risk 15 Times
A recent study has shown that people who suffer from gambling addiction are 15 times more likely to commit suicide. The largest study of this kind has been carried out by professional at Lund University in Sweden who have urged the Government to take action as quickly as possible and tackle problem gambling rates. More than 2,000 people suffering from gambling disorders have been monitored by the researchers, with the results of the study showing that is a much greater risk of suicide among problem gamblers in comparison to the…
Read MoreCMC Spreadbet Pursues British Billionaire James Stunt over Gambling Debt Exceeding £1 Million
British billionaire James Stunt has admitted that he is being chased over a massive gambling debt worth more than £1 million. The 37-year-old man further shared that he plans to settle the debt by using paintings of Picasso and Monet, which he has previously lent to the Prince of Wales. Reportedly, the seven-figure loss was generated by Stunt with a spread-betting operator called CMC Spreadbet. As written in court documents, the British billionaire is seeking to pay off his debt, so he has proposed borrowing £70 million secured in return…
Read MoreNZCT Installs Facial Recognition Technology at Six Gisborne Gaming Rooms to Curb Problem Gambling
Facial recognition technology has been installed by New Zealand Community Trust (NZCT) at its Gisborne-based gaming venues. As revealed by the Chief Executive Officer of NZCT, Mike Knell, the implementation of the new technology across the six casinos aims to help self-excluded problem gamblers stay away from gambling. Mr Knell explained that NZCT understands and accepts that proper care should be provided to casino customers, as well as the legal obligation for help to be provided to problem gamblers who want to exclude themselves from the Trust’s casino facilities. According…
Read MoreLeeds Council Members Urge Regulators to Put More Efforts into Helping Local Gambling Addicts
Leeds Councillors have urged the responsible authorities to put more efforts into helping gambling addicts in the city. The calls follow an announcement which was made in November 2018 that Leeds is set to host the largest gambling support clinic in the North of England, with the establishment being focused on people who suffer from gambling addiction. But at a Leeds City Council’s meeting of licensing chiefs, it became clear that potential problem gamblers would have to seek professional treatment and help in case that they believe they have a…
Read MoreGibraltar Gambling Industry’s Future Remains Unknown with Brexit Date Approaching
With the date of Britain’s withdrawal from the European Union getting closer, various issuers are popping up, with a variety of issues waiting for final decision. One of these issues is related to the fate of Gibraltar as a prosperous gambling hub, especially considering the fact that it is a site of extensive cross-border movement. As Casino Guardian has previously reported, about 10,000 Spanish workers, mainly from La Línea de la Concepción, travel to Gibraltar on a daily basis, as they are employed in the local gambling sector. For the…
Read MoreNew Department of Health’s Survey Finds Illegal Gambling Spreads to One in Ten Children in Ireland
A new survey released by the Department of Health found that 1 in 10 children are gambling illegally on scratchcards, lottery tickets, dog- or horse-racing. The research also found that two-thirds of the Irish nation gambles, with 4 in 10 people gamble on a regular basis. Furthermore, 1 in 50 young Irish men being described as a gambling addict. As revealed by the Health Research Board, 2.9% of men aged 25 to 34, as well as 1.9% of men aged 18 to 24 could be described as problem gamblers. According…
Read MoreUK Labour Party to Propose Stricter Rules and Limits for Online Gambling
The UK Labour Party is expected to propose a thorough examination of the current online gambling law in order to check how efficient new restrictions on betting and gambling prevention are. Today, the Deputy Leader of the party, Tom Watson, will give a speech to outline plans for tackling inefficient regulation regarding online gambling. Mr Watson will talk about the 2005 Gambling Act and how it is not fit for expanding digitalisation in the British gambling market. What the Labour’s Deputy Leader claims, is that the main piece of legislation…
Read MoreLatest UKGC Survey Finds Overall Gambling Participation Rates Remain Stable amid Declining Trust in Gambling Fairness
According to the latest figures published by the UK Gambling Commission (UKGC), the reputation of the sector related to fairness continued to become worse with the wider public. The major regulatory body of the local gambling industry has recently issued a report regarding gambling participation in 2018, revealing that only 30% of the participants considered gambling a fair activity that can be trusted. The figure represented a 3% decline from the previous year, and more than 18% drop in comparison to the result a decade ago. Furthermore, the report also…
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