UKGC Imposes £2-Million Penalty Package on 32Red for Customer Protection and Money-Laundering Failures

UKGC Imposes £2-Million Penalty Package on 32Red for Customer Protection and Money-Laundering Failures

The online gambling operator 32Red joined the ranks of the companies which have suffered a penalty imposed by the UK gambling regulatory body. The operator has faced a £2-million monetary fine for its failures to protect a consumer from gambling-related harm and also for alleged money-laundering failures. The UK Gambling Commission (UKGC) has already imposed fines on other operations such as 888 UK Limited, Stan James Online, Gala Interactive, Broadway Gaming, William Hill, SkyBet, Tabcorp and LeoVegas for various breaches of their licenses, as well as for social responsibility, money…

Read More

Coral Interactive Suffers ASA Backlash for Children-Appealing Gambling Advertising

Coral Interactive Suffers ASA Backlash for Children-Appealing Gambling Advertising

Coral Interactive Ltd faced the Advertising Standards Authority (ASA) backlash for advertising some games which could be found particularly attractive by children. A complaint has been filed against the brand’s gambling website www.coral.co.uk, because three games which could be appealing to minors were promoted on February 20th, 2018. The first game, called “Rainbow Riches” showed an animated image of a rainbow, a bot of gold and a leprechaun. Another game, “Fishin’ Frenzy” which depicted an animated image of fish swimming in the ocean was also promoted at the time, along…

Read More

Mobile Betting Boosts Online Gambling in Australia amid Major Market Consolidation

Mobile Betting Boosts Online Gambling in Australia amid Major Market Consolidation

Australia’s most famous and longest-established market research company, Roy Morgan, released some information today regarding online gambling in the country. According to the data provided by the research firm, an increasing number of local citizens use mobile devices to place a bet, despite the fact that fewer people are actually gambling recently. Roy Morgan market research firm revealed that a total of 3.4 million Australian people placed a bet on a sporting event, horse or greyhound racing, harness racing or other events in the 12 months to March 2018. In…

Read More

Lawrence Ho Reiterates Interest in Japanese Integrated Resorts ahead of Morpheus Hotel Tower Opening

Lawrence Ho Reiterates Interest in Japanese Integrated Resorts ahead of Morpheus Hotel Tower Opening

The Chairman and Chief Executive Officer of Melco Resorts & Entertainment Lawrence Ho has reiterated his interest in entering the upcoming bidding war for one of the three casino licenses which the Japanese Government would grant to operators. Speaking to media ahead of the official opening of Melco Resort’s Morpheus hotel tower, Mr. Ho confirmed that he was willing to make an investment of over $10 billion into the establishment of an integrated casino resort in Japan. The casino and gambling mogul explained that his company has invested more than…

Read More

William Hill Approached by Several US Sports Teams Looking for Sponsorship Deals

William Hill Approached by Several US Sports Teams Looking for Sponsorship Deals

The Chief Executive Officer of British bookmaker William Hill revealed for Reuters that several US sports teams are keen on striking sponsorship deals with the company. The increased interest towards the company comes at a time when sports betting has already been made legal in the country since the US Supreme Court ruled in favour of New Jersey in the state’s sports betting case. As explained by Joseph Asher, head of William Hill US operations, the British gambling operator has been receiving a large number of phone calls and e-mails…

Read More

Playtech Disposes of GVC Holdings’ Stake to Fund “General Corporate Purposes”

Playtech Disposes of GVC Holdings’ Stake to Fund “General Corporate Purposes”

Isle of Man-based gambling software developer Playtech announced that it has disposed of all its shared in the online gambling group GVC Holdings at a price of approximately £200 million. Reportedly, the money accumulated with the sale is planned to be used for debt reduction and new acquisitions funding. The online gambling software provider had been one of the largest shareholders in the British high-street bookmaker Ladbrokes, which was taken over by GVC Holdings in a £4-billion acquisition deal earlier in 2018. Initially, Playtech made the share purchase in its…

Read More

Online Gambling Operators Still Offer Children-Friendly Graphics Content

Online Gambling Operators Still Offer Children-Friendly Graphics Content

Gambling websites seem to still be offering gaming content that could turn out to be attractive to children. Fairy-tale creatures and characters, as well as other children-friendly images, appear on gambling websites, despite the fact that gambling regulatory authorities put the free display of such content under fire as part of customer protection policy. For the time being, gambling operators in the UK are not allowed to display any gaming content or gambling advertising materials that could directly target children. And still, there is actually nothing to make gambling websites…

Read More

UK Gambling Operators Aim at US Expansion Following Sports Betting Ban Removal

UK Gambling Operators Aim at US Expansion Following Sports Betting Ban Removal

UK gambling operators are becoming more interested in US expansion as sports betting starts spreading across the country. The state of Delaware has already seen some new rules on sports betting come into effect, while the neighbouring state of New Jersey is expected to start accepting sports bets any time soon. A number of other US states are set to roll out sports betting legislation, as the ruling of the US Supreme Court has opened the door to a major expansion of the country’s gambling market. As the financial analyst…

Read More

New Zealand Gaming Trust Does Not Back Hotel Owner’s Story of Pokies Removal

New Zealand Gaming Trust Does Not Back Hotel Owner’s Story of Pokies Removal

Pub Charity, a New Zealand-based gaming trust made a surprising statement, saying that the story told by the hotel and casino owner Glen Dick is not accurate and has some major inconsistencies. Last week, the venue owner claimed that he decided to shut his poker machines down after a young woman abandoned her baby alone to play the machines. However, the gaming trust, which owns the seven pokies situated in the Rawene’s Masonic Tavern, now claims that the pokies were actually turned off due to late payments, with its version…

Read More

ASA Rebukes ProgressPlay for Game Ads That Could Attract Minors

ASA Rebukes ProgressPlay for Game Ads That Could Attract Minors

The Advertising Standards Authority (ASA) scolded the gambling operator ProgressPlay for promoting some games that could be appealing to children. The online gambling company, which owns and runs the website www.m88.com, felt the UK advertising regulatory body’s backlash after the ASA investigated and upheld three issues related to the operator’s products. Fairer Gambling challenged the website, seen on January 25th, 2018 for promoting three games that young individuals could find attractive. The first game, “Fairytale Legends Red Riding Hood” depicted an animated image of a pixie and a wolf. The…

Read More