Business
November 21, 2022
FCA Raises Concerns over Trading Apps with Gambling-like Features
First, it was the hype around crypto and then NFTs. Along with those, the popularity of trading mobile apps increased as well. While some consumers are after a long-term investment and show interest in financial markets, others may treat trading apps just like gambling. Trading Applications Offering Game-like Features The financial industry regulator in the […]
Industry
November 21, 2022
Worldpay Predicts Stronger UK Interest in World Cup Betting
As disgruntled English fans mill around and carp about the scarcity of brew in Qatar, fans back at home are already plonking down wagers on the currently ongoing 2022 FIFA World Cup in Qatar, Gambling Insider reported. According to payment service provider Worldpay, UK fans will be betting 15% more compared to the 2020 UEFA […]
Casino
November 21, 2022
GamCare Boosts Safer Gaming with New Code of Conduct
The independent charity offering support for people affected by gambling harm in the UK, GamCare, has announced a new Code of Conduct valid for brick-and-mortar gambling operators. GamCare Issues New Advice for Retail Gambling Businesses The new Code of Conduct seeks to make it easier for people affected by gambling harm or problem gambling to […]
Industry
November 21, 2022
Lloyds Bank Trials Gambling Limit Spend on Debit Cards
The ban on credit cards for the purposes of gambling in the United Kingdom has been hailed as a milestone by many. Now, Lloyds Banks is experimenting with a new feature that will allow customers of the bank set monthly limits on how much they can spend on gambling using their debit cards. This is […]
Lottery
November 21, 2022
Allwyn to Acquire Camelot UK
Allwyn has proceeded with its plans to acquire Camelot UK Lotteries and expand its presence in Britain ahead of becoming the National Lottery operator. Acquiring Camelot, which is the incumbent operator, will allow the Czech company to immediately take the reins. The deal was announced by Allwyn and Ontario Teachers’ Pension Plan Board. Under the […]
Sports
November 21, 2022
UK Soccer Stars Become Sports Betting Brand Ambassadors Despite Recent Ban
Top UK sports betting brands using former soccer players turned commentators and experts as their brand ambassadors promoting betting on the FIFA World Cup are causing controversy and comments that the ads are not in the spirit of recent regulations banning the use of celebrities for gambling promotion. Slippery Rules Let Gambling Companies Use Pundits […]
Lottery
November 18, 2022
Allwyn Announces €1.6bn Funding Deal with International Banks
Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“Allwyn International”, formerly known as SAZKA […]
Casino
November 18, 2022
Even Teens Exposed to Gambling Harm in the UK
This wasn’t something many people considered less than just 10 years ago, but thanks to the rapid development of technologies, we can now have a casino in our pockets. In light of this, it is imperative that legislation keeps up, otherwise, nobody wins at the end of the race. Teenager Exposed to Gambling Ads A […]
Sports
November 17, 2022
Brentford’s Toney Charged with Breaches of Betting Rules
Although not confirmed officially as the sole reason, it’s probably safe to assume that the allegations are at least part of the reason why Toney’s childhood dream of representing England in the World Cup Finals is not coming true. If the allegations are confirmed, this might be true not only for the upcoming tournament but […]
Sports
November 16, 2022
SportNation and RedZone Cease UK Business
Sports betting operators SportNation and RedZone have both announced their decision to leave the British market. The companies, both of which are owned by Esports Entertainment Group, cited a variety of factors as the reason for their leave. SportNation and RedZone Will No Longer Take Bets Existing SportNation and RedZone customers should rest easy as […]
