According to the statistics regarding the regulated gambling industry in the country to the end of September 2015 that has recently been released by the UK Gambling Commission, the gross gambling revenue generated on a yearly basis was estimated to £12.6 billion. A total of 29% percent of it was generated from Internet gambling operations. When the calculations were made, the remote gaming data from the period of 11 months between November 1st, 2014 and October 31st, 2015 were taken into account. In comparison, the previous report of UKGC covered…
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GBGA Remains Calm about Gibraltar’s Gambling Industry Future despite BREXIT
The Gibraltar Betting & Gaming Association (GBGA), which is the trade association of the local gambling industry, has been primarily focused on putting an end to the stakeholder concerns which followed the UK’s referendum decision to no longer be part of the European Union. Up to date, the Gibraltar Betting & Gaming Association is the industry body that officially represents about 20 European web-based betting operators, all of which are currently based there. It has officially announced that the governance of the British Overseas Territory remained fully committed to keeping…
Read MoreBritons Spend £12.6 Billion on Gambling in 2015 According to UK Gambling Commission
The UK Gambling Commission revealed in a newly-published report that British people spent a total of £12.6 billion on gambling last year. According to the Commission’s reports, the state of the gambling industry in the country, excluding the territory of Northern Ireland, has been improved regardless of the fears of the eventual impact of the June’s Brexit. The latest statistics provided by the Commission proved there has been an increase in the gambling industry of the UK since 2011. Still, the situation caused a lot of controversy, because there are…
Read MoreTwo YouTubers Accused in CSGO Gambling Scandal
Two YouTube personalities – TmarTn and ProSyndicate – have been implicated in a scandal related to the Counter-Strike: Global Offensive – an online shooter game that has been developed and is currently run by Valve. According to accusations, the two of them have been illegally promoting a game’s weapon skin gabling website to their audience that is currently estimated to more than 13 million subscribers. Both TmarTn and ProSyndicate have uploaded a large number of videos demonstrating how they successfully gamble on their website CSGOLotto. The website is said to…
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