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UK Gambling Commission (UKGC) has posted the results of a special gambling participation survey, according to which the young British adults are not into gambling activities as much as they did before. The statistics fuelled the fears of gambling operators that the majority of their product are no longer as attractive as they were for the customers. The fact that gambling activities seem not to be so attractive to young adults will probably unleash various discussions on the matter. Still, the numbers may also reflect the extremely bad economic fortunes…

BitcoinETI, an Exchange-Traded Instrument backed by assets, has been added by the Gibraltar Stock Exchange. This made BitcoinETI the first regulated product of Bitcoin on the territory of Europe. It is to start trading on both the Gibraltar Stock Exchange and the Deutsche Boerse of Germany this week. The instrument is to exclusively invest in the sphere of digital currency. The Managing Director of the GSX Nick Cowan commented on the admission, saying that the GSX had always been focused on offering a variety of efficient and cost-effective solutions, which…

Local Councils and authority leaders have urged the UK Government to reconsider providing them with extra powers to deal with betting shops. The demands have been provoked by a recent research which indicated that people who lived near betting shops clusters were more susceptible to gambling problems. According to the results of the study, people who live within 400 metres of a betting shops cluster were more likely to get addicted to gambling activities in comparison to people who live in areas where there are fewer betting shops. A total…

The National Lottery operator Camelot has offered up a short animation with the release of its Olympic advert called “I Am Team GB”. The commercial is 40 seconds long and has been created as a result of the partnership with the operator with ITV Creative and ITV AdVentures. ITN Productions and Art&Graft is the ad’s producer. The advert is to be aired for the first time on Thursday evening, at 7:15pm on ITV. Its official launch has also been complied with both UK Sport and the British Olympic which are…

The Irish bookmaker Paddy Power has enacted an advertising stunt at the Russian Embassy, based in Kensington. The stunt was a reaction against the doping scandal with the Russian Olympic team, which might be deterred from participating in the Olympic Games in Rio slated to start on August 5th. The International Olympic Committee is yet to announce its final stance on the matter, but that did not stop Paddy from initiating the stunt. A medal amnesty box was put outside the Russian Embassy in Kensington. “Putin Your Medals: No Questions…

Greater Manchester leaders found themselves under pressure to join forces and establish laws related to the fixed-odds betting terminals in the region. Salford councillors defined the fixed-odds betting terminals as potentially dangerous and said they ruined lives, encouraged residents to overspend and pushed them into poverty. Greater Manchester leaders have been called to require and obtain the necessary paperwork providing them with powers to set up their own laws related to the FOBT and the restrictions tourists and locals have to adhere to when engaging in cash bet games. Despite…

At the end of 2015, Sky Betting and Gaming announced the five shortlisted companies and at the end, it has selected Teenage Cancer Trust as its official corporate charity. Company employees took wholeheartedly the idea of participating in various events with a charitable purpose. The latter statement was confirmed during the latest event organized by the betting giant. As many as 73 cyclists took part in the cycling challenge and rode around Yorkshire Dales. The minimum pledge was £30 and cyclists were enabled to choose between two routes – a…

The UK Gambling Commission representatives announced that they were about to scrutinise the eSports skin betting and its impact on the gambling industry on the territory of the United Kingdom. The gambling regulator issued a report outlining the main priorities of the Commission. Sarah Harrison, the CEO of the UKGC, revealed that the board members are to concentrate on the digital currencies and gambling products that are yet to become widespread in the UK. For the time being, no further information about the digital currencies issue has been revealed, but…

UK gambling officials commented on the amount gambling operators spent on TV advertisements between 2012 and 2015. The announcement made the headlines last week when a reputable UK media released information that the amount of £465 million was spent on poker, bingo, casino and sports betting ads from the beginning of 2012 to the end of 2015. Back in 2012, the amount invested in gambling ads totalled £81.2 million and the sum gradually increased to reach £118.5 million for 2015. According to a previous research, the UK TV audience was…

Representatives of the London-listed provider of various gambling solutions Sportech PLC announced that Rich Roberts will no longer be a part of company’s team. According to people with knowledge of the matter, one of the factors that made him step down from the post of a President of Digital and US Corporate Affairs was the reorganisation of responsibilities that affected the North America Sportech ventures. In addition, the company is no longer working in collaboration with Draft Day Daily Fantasy Sports. In order to ensure a smooth transition and minimize…