Kiwis squandered over NZ$2.6 billion on the four most widespread types of gambling during the 2020-2021 financial year, the New Zealand Department of Internal Affairs revealed. The overall gambling spend of the country’s residents grew by 17% compared to the previous financial year. Class 4 slot machines located in TABs, bars, and clubs accounted for NZ$987 million of the overall gambling spend, which corresponds to a 23% increase. This is the highest amount spent on slots in five years despite the coronavirus pandemic and the lockdowns it brought. As a…
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The Christian Institute Blames the UKGC and UK Gambling Sector for Lack of Sympathy to Gambling-Related Suicide
Campaigners from The Christian Institute have noted that neither the gambling industry nor the UK Gambling Commission (UKGC) takes seriously the large number of gambling-related suicides. According to Public Health England (PHE), more than 400 individuals take their own lives for reasons associated with gambling on an annual basis. However, only 8 of these deaths have been investigated by the country’s gambling regulatory body since 2018. At the time of an investigation into the tragic death of the young gambling addict Jack Ritchie, Senior Coroner David Urpeth linked the man’s…
Read MoreBritish Women Become More and More Interested in Online Gambling, Recent UKGC Study Shows
A recent study by the UK gambling regulatory body revealed that the popularity of online gambling has risen among women. According to the results of the study, 42% of the British women have taken part in some form of gambling over the past 4 weeks at the time when the survey was held. As the UK Gambling Commission (UKGC) revealed, the National Lottery was the most popular form of gambling among female customers in the UK. Bingo and scratch cards were also included in the mix. However, the trend of…
Read MoreAddiction Treatment Professor Calls for Stricter Measures to Stop Normalisation of Gambling among Irish Residents
An Irish professor who specialises in the treatment of problem gambling has noted that the country’s gambling industry must implement swift changes following the Government’s proposal of stricter measures to address rising gambling addiction among local residents. As previously reported by Casino Guardian the Gambling Regulations Bill (GRB) would establish an independent gambling regulatory body that would control and oversee the entire licensing process, and would also impose sanctions on companies that violate rules, and would work on tackling problem gambling and gambling-related harm. Colin O’Gara, a clinical professor who…
Read MoreThe UK Government Currently Considering the Implementation of Stricter Measures on Social Media Tipsters Who Take Advantage of Losing Gamblers’ Bets
UK Ministers are currently considering the implementation of stricter measures on social media “tipsters” that offer some controversial betting advice and generate profit from gamblers losing money. The proposals for better regulation of the questionable practice include various measures, such as suspending tipsters from posting screenshots of winning bets to try to lure people into gambling by making it look like an activity that could help them win money quickly and easily, and even more – that gamblers could always be on the winning side. According to reports, the proposed…
Read MoreUK Cashback Platforms Encourage Gambling by Promoting Online Gambling Sites, New Reports Say
Cashback platforms have been facing accusations of encouraging gambling by offering various rewards to customers for betting online. According to reports, cashback sites such as Ohmydosh, Topcashback and Quidco all offer cashback for a range of purchases and services. An investigation of Money Mail found these online platforms have been advertising the services of over 60 gambling, betting and bingo sites and offering special rewards for customers who used the services of these websites. Reportedly, Tobcashback has revealed that it paid out £30,000 monthly to customers who signed up with…
Read MoreFlutter Entertainment Says About 7,000 Betting Accounts Are Suspended in the UK and Ireland Every Month
Lately, Teachtaí Dálas (TDs) and Senators have heard that approximately 7,000 betting accounts are put on hold monthly in the UK and Ireland. The gambling giant Flutter Entertainment, which currently operates both in the UK and Ireland, has revealed that it suspends about 7,000 accounts on a monthly basis. Conor Grant of the Irish bookmaker informed the Oireachtas Justice Committee that the gambling operator intervenes with customers every month. As part of its policies, approximately 28,000 accounts are being reviewed monthly, while about 7,000 accounts of customers from the UK…
Read MoreUK Tier One Institutions Decide against Proposed Aristocrat Gaming’s Playtech Takeover Offer
Tom Hall, Playtech’s former chief executive officer, blamed Aristocrat Gaming for planning and coordinating the campaign around the group of Asian investors, who have decided to build a blocking stake at the Isle of Man-based gambling software developer before the shareholder vote and joined their efforts to deem Aristocrat’s bid as unsuccessful. As reported by the Financial Times, Mr Hall, who served as CEO at Playtech in the period between 2003 and 2005, was involved in the media reports speculating that the aforementioned Asian investors had been purchasing stock of…
Read MoreGambling Operators in Ireland Become More Focused on Bringing Ethical and Fair Services to Local Customers
Market experts believe that gambling operators are being forced to change their business model due to the increasing focus on ethics in Ireland. The growing trend of digitalisation of the gambling sector changed the industry, as customers are now able to simply go online and place their bets on various sports or play popular casino games whenever it is convenient for them to do so. Recent technology developments have brought massive growth in revenues and returns but industry analysts say it came at a cost to the most vulnerable individuals.…
Read MoreAIR Claims Northern Ireland Racecourses Could Be Put Out of Business because of Proposed Gambling Reforms
The body that represents racecourse owners has issued a warning that the proposed new gambling legislation for Northern Ireland could put them out of business. The Association of Irish Racecourses (AIR) issued a statement claiming that the amendments to the legislation could affect local racecourses to such a degree that their continued existence could be put under question. Currently, the gambling industry in Northern Ireland, except for the National Lottery, is subject to regulation under the country’s Betting, Gaming, Lotteries & Amusements (NI) Order 1985. According to the Department for…
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