Day: 17 September 2020

GAMSTOP’s Self-Exclusion Scheme Not Working Properly to Protect People from Gambling Addiction, Analysts Say

Thu 17 Sep 2020 9.56 Daniel Williams
GAMSTOP’s Self-Exclusion Scheme Not Working Properly to Protect People from Gambling Addiction, Analysts Say

Online gambling addiction continues to grow among the most vulnerable members of society, and still, some experts claim that neither the Government nor the gambling regulators are fully aware of its actual scale. The latest data about gambling addiction rates have shown that over 1.5 million British residents gamble through web-based platforms, with football currently being one of the most popular sports to bet on. This figure represents approximately 3.5% of the population and is considered a rate that has been constantly on the rise since it has been registered.…

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Bonuses of AU$1.4 Million Granted to The Star Entertainment’s Top Executives Despite Poor Financial Performance Due to Coronavirus Pandemic

Thu 17 Sep 2020 6.06 Olivia Cole
Bonuses of AU$1.4 Million Granted to The Star Entertainment’s Top Executives Despite Poor Financial Performance Due to Coronavirus Pandemic

Australian gambling group Star Entertainment has distributed bonuses worth a total of AU$1.4 million to its top executives, despite missing their yearly financial targets while at the same time appropriating AU$9.6 million in JobKeeper money to cover the wages of its employees. The middle of the week saw the casino and entertainment company reveal that its chief executive officer Matt Bekier received an AU$2.3-million bonus for the 2020 fiscal year. The figure represents a reduction from AU$3.3 million a year ago and AU$4.4 million back in 2018. The Star Entertainment…

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