Sports
March 8, 2021
Football Index Slashes Dividends, Player Price Tags Collapse
A surprise development over the weekend caused customer discontent at Football Index after the company announced it would be slashing player dividend payouts just days after it placed shares in new players. Announcement Caught Customers by Surprise The licensed by the UK Gambling Commission company announced Friday it was giving 28 days’ with regards to […]
Industry
March 8, 2021
YouGov Results Show over 50% of Gamblers Opposed to Betting Cap
BGC has issued a YouGov survey to determine how UK gamblers feel about the newly proposed betting limit. Out of all participants, more than half oppose the limit, even suggesting that they’ll resort to black-market gambling if too many limits are set on the average gambler. 59% of UK Gamblers Are Against Betting Caps A YouGov poll issued […]
Business
March 8, 2021
Xace Appoints Annie Osborne as Chief Commercial Officer
Annie Osborne, a payment industry veteran is going to take the position of chief commercial officer at Xace. As CCO, Osborne is going to be responsible for shaping and executing Xace’s commercial sales and marketing strategies and will report directly to the company’s CEO, David Hodkinson. Xace Names Annie Osborne as CCO Fast-growing account and […]
Industry
March 5, 2021
Safer Gambling Tools Have No Effect on Amount of Money Deposited
Interventions do not change the amount of money customers spend on gambling or their playtime, a study commissioned by GambleAware concluded. The wholly independent charity working in collaboration with the UK Gambling Commission to deliver the National Strategy to Reduce Gambling Harms released 3 new reports today related to using safer gambling messaging by operators. […]
Legal
March 3, 2021
UKGC Issues Additional Sanctions to Caesars’ PML Holders
The UKGC has announced further sanctions for Caesars Entertainment’s PML holders, as part of its investigation into the operator. On-Going Review into CEUK The UK Gambling Commission addressed today the failings of Caesars Entertainment’s (CEUK) personal management license holders (PML) and announced additional sanctions. The regulator issued a record £13 million regulatory settlement due to […]
Industry
March 3, 2021
Gambling Habits Influenced by Lockdown Study Shows
According to a new study, 1 in 3 people started betting more often, and around 1 in 6 people who bet on sports began to enjoy a new form of gambling during the initial lockdown last year. A Study Reveals the Gambling Behavior during the Lockdown Stirling and Glasgow Universities’ experts studied regular bettors’ behavior, for the period […]
Legal
March 2, 2021
John Whittingdale Steps in at Helm of Gambling Review
John Whittingdale will head the Gambling Act 2005 review amid concerns that he may be too lenient on the industry. Whittingdale to Steer Future of Gambling in UK British minister for media and data John Whittingdale will spearhead the government’s pending review of the Gambling Act, the most significant overhaul of the country’s gambling industry laws since the […]
Sports
March 1, 2021
Betfair Cuts Loose ‘at Odds’ with Values Gordon Elliott
Leading betting exchange Betfair announced Monday its ties with Gordon Elliott as a brand ambassador have been severed with immediate effect after a shocking image of the trainer hit the social networks during the weekend. Completely at Odds with Brand Values The Flutter-owned brand reacted to a photo of Elliott sitting on a dead horse […]
Industry
March 1, 2021
UK Announce Relief Grants of up to £6,000 for Betting Businesses
UK betting shops and other non-essential businesses are eligible for direct cash grants of up to £6,000 per site, Chancellor Rishi Sunak has announced. Non-Essential Businesses to Reopen in April Betting shops, as well as all non-essential services, are eligible for direct cash payments of up to £6,000 per site, the Chancellor of the Exchequer, […]
Industry
March 1, 2021
Flutter Makes Biggest Cash4Club Contribution since 2008
Flutter Entertainment has launched its new “Cash4Clubs” campaign, donating £4.8 million to support sports clubs struggling to stay afloat during the lockdown. “Cash4Club” Campaign Helps Local Sports Clubs Flutter Entertainment started the company’s latest “Cash4Club” campaign with its biggest contribution so far. Flutter donated £4.8 million to help smaller clubs struggling to survive the Covid-19 pandemic. Flutter’s charity initiative has […]