Day: 6 April 2021

Over 300 Scottish Residents Consider Filing Lawsuit against Infamous Online Gambling Firm Football Index

Tue 6 Apr 2021 9.26 Olivia Cole
Over 300 Scottish Residents Consider Filing Lawsuit against Infamous Online Gambling Firm Football Index

More than 300 Scottish people are considering starting legal action against the recently collapsed online gambling operator Football Index. Thousands of gamblers across the country are desperate they have lost massive amounts amount of money, with the overall sum amounting to up to £90 million after the infamous betting platform became insolvent. Football Index, which claimed to have a customer base of around 500,000 users, went bust in March 2021 after being unable to pay players their dividends at the promised rates. For the time being, it is believed to…

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Australian Campaigners Call for Ban on Sports Betting Adverts Amid Rising Online Gambling Participation Rates

Tue 6 Apr 2021 5.59 Daniel Williams
Australian Campaigners Call for Ban on Sports Betting Adverts Amid Rising Online Gambling Participation Rates

The coronavirus pandemic in Australia has helped foreign sports betting operators take advantage of the situation and gain market value worth tens of billions of dollars during the past year. This information has fuelled some calls for new stricter regulatory rules to be imposed on sports betting advertising. The owner of Sportsbet, global gambling giant Flutter Entertainment, managed to gain approximately AU$30 billion in value during the coronavirus pandemic outbreak. The company registered a 46% surge in its turnover, as well as a 59% increase in its revenue in Australia…

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