UK Gambling Sector Suffers a Sharp Decline Amid Sports Events Halt Due to Coronavius Outbreak

UK Gambling Sector Suffers a Sharp Decline Amid Sports Events Halt Due to Coronavius Outbreak

British bookmakers say that gambling in the country has suffered a sharp decline as all major sports events have already been postponed or cancelled due to coronavirus pandemic. Three-fourths of the sports betting market in the UK are constituted by football and horse racing. Unfortunately for local bookmakers, both sports are currently suspended. According to reports, sports betting in the country has accounted for £1.4 billion in the year that ended in March 2019. Several large gambling operators have even already projected that this year’s profits would be considerably hurt…

Read More

Lucky Go Studio Slammed by the ASA for Misleading Gambling Advert

Lucky Go Studio Slammed by the ASA for Misleading Gambling Advert

The Advertising Standards Authority (ASA) slammed gambling company Lucky Go Studio Ltd for an allegedly misleading advert. According to a complaint filed by one individual, an in-app video advert for the Lucky Goal application that was seen on November 25th, 2019, showed a person receiving a message that their credit card had been declined while forming a purchase on the Amazon website. They clicked on an on-screen text leading to the Lucky Goal app, played a game of roulette and generating an $85 win. Then, the person answered correctly to…

Read More

Flutter Entertainment-Stars Group Merger Receives CMA Approval

Flutter Entertainment-Stars Group Merger Receives CMA Approval

The UK competition gambling authority has given approval to the mega-merger of gambling giants of Flutter Entertainment and the Stars Group following a probe into the proposed deal. As a result of the probe, Flutter’s £10-billion acquisition of the Stars Group was cleared by the Competition and Markets Authority (CMA). The investigation into the planned merger was announced at the beginning of February 2020. The probe found that despite the strong competition of gambling operators would not result in less favourable odds or less generous promotions to be provided to…

Read More

UKGC Says It Would Continue to Monitor Gambling Operators During Covid-19 Lockdown to Protect Customers

UKGC Says It Would Continue to Monitor Gambling Operators During Covid-19 Lockdown to Protect Customers

At the end of the previous week, the major gambling watchdog in the country, the UK Gambling Commission (UKGC) has confirmed that people are expected to become more engaged with gambling websites and online gambling in general. The gambling regulatory body has reminded that it had already issued new advice to all licensed gambling operators in the country and outlined the rules they need to stick to in order to keep their customers safe. The closedown measures have been unprecedented for the gambling industry not only in the UK but…

Read More

Full Third-Party Cookie Blocking in New Safari Versions Would Affect Gaming Affiliates

Full Third-Party Cookie Blocking in New Safari Versions Would Affect Gaming Affiliates

Earlier this week, Apple’s WebKit team announced in a blog post that it would unveil enhancements to the global technology developer’s Intelligent Tracking Prevention feature, as part for which full cookie blocking for third parties will be allowed. As the WebKit team revealed, Safari browser in macOS 10.15.4 and iPadOS 13.4 would include upgrades under which cookies for cross-site resources are blocked by default. This has made the change one of the most significant company’s moves in terms of privacy protection, as the improvement would further cut down on the…

Read More

TAB Still Operates Online in New Zealand Despite Coronavirus Lockdown Measures

TAB Still Operates Online in New Zealand Despite Coronavirus Lockdown Measures

New Zealand has adopted lockdown measures as a measure to prevent further spreading of coronavirus infection and retail gambling businesses ceased operation, but online gambling sites remain wide open for local customers, at a time when people are considered the most vulnerable. The Government has recommended that, under lever four of the coronavirus scale, only businesses that are absolutely essential for life necessities should be left operational, gambling services still remain available. The TAB, the largest racing and sports betting operator in Australia, however, has kept its online gambling services…

Read More

888 Holdings Remain Hopeful That Online Casino and Poker Operations Could Compensate for Some Losses of Its Sports Betting Business

888 Holdings Remain Hopeful That Online Casino and Poker Operations Could Compensate for Some Losses of Its Sports Betting Business

Online gambling operator 888 Holdings revealed yesterday that its 2020 core profit could suffer a blow in the high single-digit millions of dollars in case the disruptions in international sporting events schedule because of the coronavirus pandemic remain until September. The Covid-19 trading update published by 888 Holdings on March 24th made the company part of the gambling operators, such as GVC Holdings, Flutter Entertainment and William Hill, which have already issued warnings of an expected big hit to their earnings due to the cancellation of all major sports events.…

Read More

Largest Australian Gambling Operators to Face Performance Challenges Due to Forced Casino Shutdown

Largest Australian Gambling Operators to Face Performance Challenges Due to Forced Casino Shutdown

The largest gambling operators in Australia have been out of luck recently, with the local casino industry experiencing a shutdown. Crown Resorts and Star Entertainment are facing some difficulties in an effort to deal with the forced closures of their gaming floors and restaurants, with a long-time lockdown being considered as a major setback for both casino companies. Both Crown Resorts and Star Entertainment both halted trading after the announcement of the Federal Government that all clubs, pubs and casino venues across the country would be shut to tackle the…

Read More

Gambling Operator Federal Group Insists That Tasmanian Pokie Owners Should Pay Rent Despite Closures for Coronavirus Crisis

Gambling Operator Federal Group Insists That Tasmanian Pokie Owners Should Pay Rent Despite Closures for Coronavirus Crisis

Gambling operator Federal Group has required from owners of pubs in Tasmania to continue paying rent on leased poker machines, even at a time when hotel owners have been forced to shut their operations down due to spreading coronavirus. This move, however, has been described by Senator Jacqui Lambie as an effort to make easy money during a “wartime scenario”. The beginning of the week saw the federal subsidiary Network Gaming write to the leaseholders of state’s poker terminals to inform them that while Keno charges were set to be…

Read More

MP Urges Scottish Football Clubs to Dismiss All Sponsorship Deals with Gambling Operators

MP Urges Scottish Football Clubs to Dismiss All Sponsorship Deals with Gambling Operators

A Member of Parliament urged leading Scottish football clubs to cut their ties with the local gambling sector. Ronnie Cowan has written to all 42 professional football clubs and called them to sign a charter that is set to be released at Westminster on March 25th. Signing the agreement would see all sponsorship agreements between football clubs and gambling operators ended. Under the terms of the charter, football clubs would also stop displaying any gambling business’ promotional materials, both in print or digitally. Mr Cowan, who is a vice-chairman of…

Read More