Day: 7 March 2018

Japan Puts New Responsible Gambling Measures on the Table

Wed 7 Mar 2018 15.53 Daniel Williams
Japan Puts New Responsible Gambling Measures on the Table

Japan was considered one of the largest untapped markets for legalized casinos in the world. For years, the political environment in the country was not appropriate for the introduction of bills that would regulate the industry. Soon after Shinzō Abe was elected Prime Minister of Japan in 2012, the topic has started to gain momentum. Each time casino legalization or expansion is considered, similar topics come up on the table for discussion. If there are several concerns related to the legalization of the casino industry, gambling addiction ranks on top.…

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Paddy Power Betfair Boosts Advertising Spending to Offset Regulatory Crackdown Impact

Wed 7 Mar 2018 14.27 Olivia Cole
Paddy Power Betfair Boosts Advertising Spending to Offset Regulatory Crackdown Impact

Dublin-based bookmaker Paddy Power Betfair revealed plans to boost its advertising spending to offset the negative impact that recent regulatory changes in the UK and Australia. The announcement came at a time when the gambling operator revealed an expected increase in its 2017 annual revenue and earnings. Today, the Irish bookmaker, which was formed after a £5-billion merger between Ireland-based Paddy Power and the British online gambling company Betfair in 2016, revealed its preliminary results for the full year 2017. The newly-appointed Chief Executive Officer of the company, Peter Jackson,…

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Hermilo Vargas Leads WSOP Circuit $365 No-Limit Texas Hold’em Monster Stack Event

Wed 7 Mar 2018 13.43 Harry Evans
Hermilo Vargas Leads WSOP Circuit $365 No-Limit Texas Hold’em Monster Stack Event

The WSOP Circuit Monster Stack event is drawing to its end, with American poker player Hermilo Vargas in the chip lead. The tournament is taking place at the Bicycle Casino in the City of Angels and attracted a field of 1,315 players who contributed to the accumulation of the huge $522,600 prizepool. The prize money is to be divided among the top 171 finishers. The minimum payout winners can collect is capped at $600 but it is the first-place prize of $86,270 that all remaining contenders are hoping to walk…

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Ilminster City Councillor Calls for Online Gambling and Bingo Advertising Ban

Wed 7 Mar 2018 8.31 Daniel Williams
Ilminster City Councillor Calls for Online Gambling and Bingo Advertising Ban

The City Councillor of Ilminster has launched a petition aimed at urging the local authorities to suspend adverts for online gambling and bingo websites from being aired on television. Linda Piggott-Vijeh has prepared and released the petition on the 38degrees.org.uk website, calling the competent regulators to put an end to TV commercials which are focused on popularising gambling. According to Councillor Piggot-Vijeh, such adverts are being aired at times when some of the most vulnerable society members are watching television, so they could be affected by aggressive advertising and marketing…

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