Day: 21 January 2021

Entain Posts Full-Year Online Gambling Revenue Increase Following MGM Resorts’ Takeover Bid Withdrawal

Thu 21 Jan 2021 10.02 Olivia Cole
Entain Posts Full-Year Online Gambling Revenue Increase Following MGM Resorts’ Takeover Bid Withdrawal

Earlier today, the UK gambling giant Entain reported an increase in its revenues. The revelations have been made only a few days after the Ladbrokes and Coral brands’ owner rejected the £8.1-billion takeover bid that the US casino company MGM Resorts had previously made. The British gambling operator also confirmed reports that it had found a replacement for the departing chief executive Shay Segev. As Entain shared, Jette Nygaard-Andersen is to take the chief executive officer position to replace Mr Segev who is stepping down as of today but will…

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The UK National Lottery: Participation Rates, Player Trends, and Sales

Thu 21 Jan 2021 7.47 Harry Evans
The UK National Lottery: Participation Rates, Player Trends, and Sales

Lotteries are considered to be “soft” forms of gambling with a few negative effects. A growing number of people all over the world buy lottery tickets or scratchcards dreaming of winning solid cash prizes. In addition to that, playing the lottery does not require some special mathematical or gambling skills as the result is based on pure chance. The National Lottery in the UK has become a part of people’s culture. It was launched in 1994 and it quickly attracted the attention of people of different age groups. To play…

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UKGC Says Online Gambling Participation Rates Rose in the UK in November 2020, While Gambling Revenue Declined

Thu 21 Jan 2021 6.00 Daniel Williams
UKGC Says Online Gambling Participation Rates Rose in the UK in November 2020, While Gambling Revenue Declined

The major regulator of the UK gambling sector has published more information regarding the impact of the renewed stricter coronavirus lockdown measures on local consumers’ gambling behaviour. The latest data published by the UK Gambling Commission (UKGC) covers the period from March to November 2020 and reflects both online gambling and consumer research. The gambling watchdog revealed this time it did not require data from licensed betting operators (LBOs) for November 2020, as a result of the latest lockdown measures imposed at the time on the industry, along with the…

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