Day: 4 March 2021

UK Gambling Firms Rely on Online Growth to Offset Pandemic Revenue Impact

Thu 4 Mar 2021 12.11 Daniel Williams
UK Gambling Firms Rely on Online Growth to Offset Pandemic Revenue Impact

The coronavirus pandemic has had a pronounced negative effect on the retail betting industry in the United Kingdom, causing a shift toward the online segment. The London-based bookmaker William Hill is one of the companies that have suffered a severe blow revenue-wise since the pandemic started. The company reported its annual revenue from the retail sector has plummeted by 51%, dropping to £1.1 billion. The operator suffered over £29 million in adjusted losses from its retail arm alone. The company currently operates more than 1,400 retail bookmaking shops in the…

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Caesars Entertainment UK Personal License Holders Warned About Their Failings

Thu 4 Mar 2021 8.44 Olivia Cole
Caesars Entertainment UK Personal License Holders Warned About Their Failings

The UK Gambling Commission issued another warning towards the personnel of Caesars Entertainment. After the regulatory body imposed a £13 million fine on the casino operator in April 2020, it continued its investigation to further regulate the activities offered by Caesars Entertainment UK Limited. The heavy fine was levied on the company as a penalty for violating several rules, including guidelines for social responsibility, money laundering, and customer interaction protocols. According to the Gambling Commission, the main victims of these violations were the high-roller VIP customers of the casino, which…

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