UK Bookmakers’ Share Price Falls Following UKGC FOBT Stakes Recommendation

UK Bookmakers’ Share Price Falls Following UKGC FOBT Stakes Recommendation

Shares of some British bookmakers saw some decline, following a UK Gambling Commission’s recommendation which provided hope that roulette and poker machines could face more favourable regulatory changes than the ones initially expected. On Monday, the major UK gambling regulatory body published a written advice paper to back the FOBTs and social responsibility measures review of the Department for Digital, Culture, Media and Sport (DCMS). The recommendation made by the Commission gave hope to gambling operators after it made some suggestions related to the expected crackdown on the UK gambling…

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Irish National Lottery’s Growth Raises Gambling Addiction Concerns

Irish National Lottery’s Growth Raises Gambling Addiction Concerns

Over 50 new outlets have been opened on a monthly basis over the past three years by the Irish National Lottery’s private operators. The massive surge of such outlets, however, has raised some concerns related to possible increase of problem gambling as well. Since the consortium which operates the National Lottery was granted with the operating license in November 2014, the number of retailers that are licensed to sell National Lottery tickets and scratch cards has experienced a strong increase, with their numbers rising from 3,700 to 5,790. Now, Toronto-based…

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