The Institute of Economic Affairs (IEA) has published a briefing on its website, sharing the view of its analysts who called the UK media focus on the expenditures on gambling machines in the country’s bookmakers “greatly exaggerated.” The fixed-odds betting terminals (FOBTs) are machines that provide customers with the chance to play virtual casino games in licensed betting offices by placing relatively small stakes in the range from £1 to £100. Maximum payouts are also not that big and usually amount to £500. Recently, these machines have become the major…
Read MoreNews
UKGC CEO Says Problem Gaming Would Remain in Public Focus
The boss of the UK Gambling Commission posted a warning addressed to all industry stakeholders, saying that the increased focus on the gambling sector over the past year is not likely to be offset over the upcoming months. The Chief Executive Officer of the regulatory watchdog Sarah Harrison announced that the the close monitoring and the seriousness of responsible gambling policies would become even more serious in the future. Mr. Harrison took part in the World Regulatory Briefing which took place in London earlier this week. The event was focused…
Read MoreUKGC Releases Position Paper over In-Play Sports Betting Regulation
The UK Gambling Commission (UKGC) has posted its latest position paper focused on in-play betting, which is also known as live or in-running betting, and updates to the paper published by the regulatory body in March 2009. This betting activity usually takes place on sporting events and is considered as mainly an online activity. In addition, in-play betting becomes increasingly popular among players worldwide and this niche of the gambling markets has been rapidly expanding lately. According to the information revealed in the paper, the watchdog’s position has been considered…
Read MoreCoral Interactive Hit by Another ASA Euro 2016 Ad Ban
Coral Interactive (Gibraltar) Ltd was hit by another Advertising Standards Authority (ASA) ban today. The company was warned once again after the regulatory watchdog issued a ruling on another e-mail promotional offer distributed via e-mail. Two issues related to the gambling company’s e-mail promotional offer and a pop-up ad were investigated by the Authority. The advert promoted free £10 bets associated with the outcome of Euro 2016 matches. The first issue that was investigated was related to the e-mail received on June 15th, stating that in case a player bet…
Read MoreASA Warns Coral Interactive over Misleading Promotional E-Mail Ad
Today the Advertising Standards Authority (ASA) published a ruling against Coral Interactive (Gibraltar) Ltd. A promotional offer of the company was banned after a complaint against Coral’s advert has been filed earlier. A total of three customers have initiated the investigation after filing a complaint against Coral. They have reported receiving an e-mail with a promotional free bet offer in June 2016. The e-mail advert’s text read that players could bet £/€20 on any team to win the Euro 2016 to get a free bet of £/€10 every time a…
Read MoreNew Jersey and the UK in Early Stage Talks to Share Liquidity
As Casino Guardian has already reported, up to date the UK and the US state of New Jersey are still in the early stages of their negotiations to share liquidity generated from online casino and gaming operations. Currently, both countries feature some of the most regulated gambling markets on a global scale. Up to date, the global online gambling market is estimated to $37 billion, with an annual growth of nearly 11%. According to some data provided by the research firm Deloitte that has been previously cited by Casino Guardian,…
Read More888’s CEO Frienberger Rejects Rank Merger Plans
The online casino and sports betting operator 888 Holding seems to have changed its mind about an eventual merger with Rank Group after the two companies failed to reach a three-way merger with the UK-based bookmaker William Hill. The Chief Executive Officer of 888 Itai Frienberger denied the possibility of such a deal saying a merger was not part of 888’s plans, although the boss of Rank Group Henry Birch said in an interview for The Times that an agreement between the companies “would not be unreasonable.” Still, Mr. Frienberger…
Read MoreASA Imposes Ban on Ladbrokes News’ Online Promotion
Today, the Advertising Standards Authority (ASA) issued a ruling against an online promotion of Ladbrokes Betting and Gaming Ltd and banned it from being posted again. The UK-based regulatory watchdog explained that the advertisement used by the betting and gambling operator was misleading to customers and the company should not use it in its current form from now on. According to the ruling of the Authority published on its official website, the claims of Ladbrokes that could be found in an online promotion uploaded on their News microsite on June…
Read More2017 Edition of LAC to Take Place at the ExCel
iGB Affiliate has officially announced that the 2017’s edition of the London Affiliate Conference (LAC) is to take place at the ExCel in order to meet the needs of the increasing demand. The event is considered as the largest igaming affiliate conference in the world and is to take place from February 9th to February 12th, 2017. The Head of Operations of iGaming Business Shona ODonnell said that LAC had managed to grow immensely since the first event of the series back in 2007. She also added that the Conference…
Read MorePokerStars and BetStars Get Full Romanian License
Amaya Inc.’s leading poker and sports betting brands PokerStars.com and BetStars are to release new software on the territory of Romania. The launch comes as part of the brands to comply with the requirements of their newly-received license in the country. The latter is to take effect from September 1st. Over the past year, the operations of PokerStars, BetStars and Full Tilt have been run under their interim Romanian license. The Vice President of Corporate Communications of Amaya Inc. Eric Hollreiser commented on the license situation of the company’s most…
Read More