Day: 23 August 2019

UK gambling operator Rank Group has unveiled a pre-tax profit decline after suffering slowing sales at its Grosvenor Casinos and reflux in traffic as its Mecca Bingo halls which has started earlier in 2019. The group operating profit for the 2018/19 fiscal year fell by 22% from £50.1 million posted a year ago to £39 million. Still, the company revealed that it has already started to see the results of the measures which it had specially designed to boost its revenues and reduce its expenses, and which it implemented in…

The UK Gambling Commission (UKGC) has initiated a review into the online gambling technology provider FSB Technology (UK) Limited because of regulatory concerns. The review is being carried out under s116 of the Gambling Act. As revealed by the gambling regulatory body, FSB Technology has voluntarily suspended the activities on its Blackbet website. This action, however, this would not prevent the company from paying out its customers. The UKGC has called for all customers who have any questions in terms of their accounts to directly contact the operator by sending…