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A recent study has revealed that half of the UK students who gamble are complaining about the negative effects of gambling on their university experience. Meanwhile, a quarter of them expressed they have been going through some form of gambling harm. The survey in question was conducted in December of last year, with 2,003 participants from UK universities taking part in the study. The Problem Gambling Severity Index was included in the survey as it is commonly used to assess the severity of problem gambling among UK residents. Thanks to…

New research has suggested there is a link between problem gambling and suicide risk among young adults in the UK. The study unveiled that, over the course of a year, young people aged from 16 to 24 whose problem gambling behaviour deteriorated and resulted in more serious gambling-related harm were 2.74 times more likely to try and commit suicide than the ones whose gambling habits remained pretty much unchanged. The scientists at the University of Glasgow who carried out the study, have noted that gambling-related harm refers to the unfavourable…

Recently, the market-leading Know Your Customer (KYC) player onboarding specialist 1account has issued a report claiming that an improved registration process for online casinos could be actually beneficial. As revealed by the CEO of 1account, Ben Keirle, a better registration process for online gambling operators could attract more customers and help the sector boost its revenues by more than £1 billion. The company took a close look at more than 4,500 lines of Know Your Customer data provided by players who were seeking to register a new online account with…

A new study that investigated adverts on Facebook and Instagram has revealed a worrying trend that children and young adults in Australia are currently targeted by ads promoting gambling, alcohol, and unhealthy foods. The research, which was carried out in collaboration between scientists from Monash University and the University of Queensland and the Victorian health promotion foundation VicHealth, investigated gambling ads seen on social media channels by individuals between 16 and 25 years of age. Data gathered from 83 young people was examined by the researchers as part of the…

Federal Communications Minister of Australia – Michelle Rowland – has pledged that she will no longer accept monetary contributions from gambling companies after facing a strong wave of criticism for doing so in the past. As Casino Guardian reported earlier in February, Ms Rowland has been urged to quit her role following local media revelations that the local betting giant Sportsbet had provided her with contributions and gifts while supporting her election campaign in March 2022. According to reports, the gambling company had not only paid more than AU$8,900 for…

Businessmen and members of their families and lawyers, as well as some celebrities, have allegedly lost a massive amount of money to a betting scheme that recruited the elite residents of the eastern suburbs as investors. Reportedly, the 31-year-old Michael Pryde used his old acquaintances from private St Joseph’s College Hunters Hill to establish the scheme recruiting affluent customers to make investments in a “guaranteed” system called Simply the Bets. The individuals who got recruited were not aware that the man operating the service whom they trusted with their money…

Recently, court documents revealed that Crown Resorts had asked the Australian Government’s financial intelligence agency to give it some more time to develop its defence. Earlier this week, a federal judge severely criticised the organisation over its continued procrastination in the ongoing lawsuit against one of the largest casino operators in the country. Several days ago, federal judge Michael Lee publicly slammed the Australian Transaction Reports and Analysis Centre (AUSTRAC) over the prosecution of Crown Resorts. According to him, the regulatory body should have not given the gambling company until…

According to reports, Tabcorp is currently in an advantageous position to retain its exclusive betting licence in Victoria, potentially at a company-friendly price, as more doubts regarding the bidding process have emerged because of some uncertainty in terms of customer data ownership. At the same time, the racing industry in Victoria is getting increasingly concerned that a low Tabcorp offer would cast a shadow on the joint venture with the licence holder. The state government of Victoria has received preliminary interest from a number of potential bidders for the operating…

It seems there is no problem for gambling brands to use sports personalities in order to advertise their services. In some of its last rulings, the Advertising Standards Authority (ASA) of the UK has determined that two gambling ads featuring a couple of former England international football players were unlikely to be found particularly appealing to individuals under the age of 18. The rulings were announced only a month after the advertising regulatory body upheld a complaint linked to a Twitter post published by the UK gambling and sports betting…

As part of a speech at the World Regulatory Briefing that was held within the ICE London Expo’s framework last week, the chief executive officer of the UK Gambling Commission (UKGC), Andrew Rhodes, has rejected an alleged explosion in online gambling since the beginning of the Covid-19 pandemic, saying gambling participation rates of local residents have not soared in recent years. Mr Rhodes addressed the audience at the Consumer Protection Zone at the ICE London Expo with a speech named “Latest research shaping regulatory decision in safer gambling in the…