Online Gambling Operations’ GGY Increases, amid Falling Number of Betting Shops in the UK between October 2018 and September 2019

Online Gambling Operations’ GGY Increases, amid Falling Number of Betting Shops in the UK between October 2018 and September 2019

Today, the UK Gambling Commission (UKGC) published its Industry Statistics report on the shape and size of the UK gambling sector. The report, which is published twice a year (in May and November), provides an overview of the country’s gambling industry and is based on data reported to the regulatory body by the licensed and regulated gambling operators. The latest statistics provided by the gambling watchdog cover the period from October 2018 and September 2019 and does not include the period of the country’s coronavirus lockdown. The UK Gambling Commission…

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Legal Dispute between Mayfair Casino and Saudi Businessman over Gambling Debt Remains Open

Legal Dispute between Mayfair Casino and Saudi Businessman over Gambling Debt Remains Open

A multimillionaire Saudi businessman has remained clenched in a lengthy dispute with a Mayfair casino over an alleged gambling debt amounting to £2 million. Sheikh Salah Hamdan Al Balawi, who is known for having assets exceeding £100 million, has been charged with a failure to settle a debt with the Les Ambassadeurs Club. The global assets of the Sheikh were halted in February 2020 after the London-based casino claimed that it had been unable to reach the Sheikh. According to reports, the 52-year-old Sheikh become inaccessible when cheques issued in…

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