Crown Resorts Announces Weak Half-Year Performance Due to Recent Challenges and Chinese VIP Customer Decline

Crown Resorts Announces Weak Half-Year Performance Due to Recent Challenges and Chinese VIP Customer Decline

The biggest gambling company in Australia, Crown Resorts Ltd, revealed earlier today that its gambling turnover generated by affluent Chinese customers dragged its half-year profit to a decline. The company also noted that travel limitations that have been imposed as part of the prevention measures for the coronavirus are expected to also affect its business in a negative way. Today, the casino company unveiled its financial results for the six months ended on December 31st, 2019. The figures have reflected the effects of the many challenges faced by the company…

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Triplebet Takes Responsibility After Matchbook’s Gambling Operating Licence Gets Suspended by the UKGC

Triplebet Takes Responsibility After Matchbook’s Gambling Operating Licence Gets Suspended by the UKGC

The owners of the sports betting exchange Matchbook accepted the findings shared by the UK Gambling Commission (UKGC) and confirmed they take their responsibility as a gambling operator seriously. Apart from that, it became clear that a two-year review of the company was carried out prior to the announcement of the company’s licence being suspended by the gambling regulatory body of the UK. At first, there has been pretty scarce information regarding the reasons why Matchbook had their licence suspended. Yesterday, both the company’s owner Triplebet and the UK Gambling…

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