UK Financial Conduct Authority May Make Betting on Cryptocurrencies Illegal, Reports Say

UK Financial Conduct Authority May Make Betting on Cryptocurrencies Illegal, Reports Say

According to reports, the British financial regulatory body may be preparing to regulate the Bitcoin trading market as gambling. The speculations that betting on Bitcoin trading could be soon made illegal started after emerging reports that the Financial Conduct Authority (FCA) is proposing a blanket ban on crypto-derivatives sale to retail investors. According to The Economist, a consultation on the issue closed on October 3rd, and the final decision of the regulator is expected to be unveiled in early 2020. So-called cryptocurrencies, or crypto-derivative products, which offer various features and…

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William Hill Becomes Fourth Authorised Sports Betting Operator of the NBA and Expands US Presence

William Hill Becomes Fourth Authorised Sports Betting Operator of the NBA and Expands US Presence

The National Basketball Association (NBA) unveiled a new partnership agreement with the UK gambling operator William Hill. Under the deal, the British bookmaker would become a partner and an authorised sports betting operator of the NBA on the territory of the US. The announced partnership contract makes William Hill the fourth authorised sports betting operator of the NBA, as the British gambling company joins the three other official partners of the Association – FanDuel, MGM Resorts and The Stars Group. Neither one of the two parties has so far revealed…

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Flutter Entertainment to Merge with The Stars Group to Create the Largest Online Gambling Company Worldwide

Flutter Entertainment to Merge with The Stars Group to Create the Largest Online Gambling Company Worldwide

Ireland-based bookmaking business Flutter Entertainment plc, which owns the Paddy Power and Betfair brands, announced that it has agreed on an all-share merger with the Canadian online gambling company The Stars Group. The deal will end up creating the biggest online gambling operator by revenue on a global scale. Today, Flutter Entertainment announced that it would combine its operations with the owner of Poker Stars, Stars Group Inc in a deal which values the two companies at about £10 billion. Once the merger is finalised, the shareholders of the Ireland-based…

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British Gambling Company bet365 Targets US Sector for Further Expansion Through Long-Term Licensing Agreement with Colossus Bets

British Gambling Company bet365 Targets US Sector for Further Expansion Through Long-Term Licensing Agreement with Colossus Bets

The beginning of the week saw the pools betting operator Colossus Bets reveal its partnership with one of the largest gambling companies in the UK – bet365. The long-term licensing agreement will provide the British gambling operator with access to the cash-out patent portfolio and functionality of Colossus Bets, an area in which the US company has been specialising in. The cash-out offering patents which bet365 will be able to take advantage of cover a number of gaming verticals on the territory of the US, including casino, lottery, poker, and…

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British Bookmaker William Hill Withdraws Operations from Lincoln by Two Betting Shops Closures

British Bookmaker William Hill Withdraws Operations from Lincoln by Two Betting Shops Closures

The British gambling operator William Hill is no longer present in the city of Lincoln, as it closed its second betting outlet there. Earlier this year, the gambling company has revealed that its two betting shops in Lincoln were at risk of closure by the end of the current year. Apart from that, William Hill has shared that massive lay-offs were expected nationwide, with approximately 4,500 jobs at risk of being lost. Previously, the gambling operator has blamed the stricter policy which the British Government has been imposing on the…

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SkyCity Unveils New Non-Gambling Division That Will Form Dedicated Hotel Management Company

SkyCity Unveils New Non-Gambling Division That Will Form Dedicated Hotel Management Company

New Zealand-based SkyCity Entertainment Group has made a move to expand its non-gambling offering, and in particular, its portfolio, by establishing a dedicated hotel management company. The move has come as part of the company’s efforts to create a bigger network of SkyCity-branded properties. The company has unveiled a strategy to expand its hotel sector by releasing new projects other than its day-to-day operation at its flagship casino and resort situated in Auckland or its headquarters. As the gambling operator has revealed, the new unit will take over the management…

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Crown Casino Workers’ Union Intimidate with More Serious Strike Action over Sought Wage Increase

Crown Casino Workers’ Union Intimidate with More Serious Strike Action over Sought Wage Increase

Workers at Crown Casino have threatened they may walk off their jobs or refuse to serve alcoholic beverages during the spring racing carnival as the wage disagreements with their employers only become more serious. The union which represents Crown Casino workers, United Voice, has made an announcement that the casino’s operations could be ceased temporarily as negotiations over the wages of the casino employees have reached a dead end. The United Voice Union has also filed an application to the Fair Work Commission seeking the body’s permission for a ballot…

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Online Gambling Operator 32Red Feels ASA’s Backlash for Gambling Ad That Could Appeal to Children

Online Gambling Operator 32Red Feels ASA’s Backlash for Gambling Ad That Could Appeal to Children

The Advertising Standards Authority (ASA) investigated two issues against the gambling operator 32Red and eventually upheld both. The complaints were filed by one person against two paid-for Google search ads for the products of the online casino operator 32Red. The ads were displayed in the Google search results and by the complainant on April 25th, 2019 after they entered the term “jack and the beanstalk”. We've published our latest batch of rulings https://t.co/dbGYsX8oPm No fairy tale ending when we saw red over a gambling ad directed at U18s; beauty clinics'…

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Esports Gaming Industry in the Centre of Criminal Investigation over Corruption Allegations in Australia

Esports Gaming Industry in the Centre of Criminal Investigation over Corruption Allegations in Australia

Lately, some concerns regarding the prevalence of corruption in the esports community in Australia have emerged. After a Counter-Strike: Global Offensive match which took place on February 27th, 2019 and was aired online, rumours that Australian esports sector is subject to corruption have spread. Some allegations which are centred around an Australian-based team of young players of the popular first-person shooter game emerged in an online esports forum, have prompted the competent authorities to interfere and check on the case. An investigation of the Victoria Police into no less than…

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Two Online Gambling Brands of Kindred Group Expand Their Commitment to Responsible Gambling as Part of Current Football Season in the UK

Two Online Gambling Brands of Kindred Group Expand Their Commitment to Responsible Gambling as Part of Current Football Season in the UK

Earlier this week, two of the Malta-based online gambling operator Kindred Group’s brands revealed the expansion of their responsible gambling strategy. As unveiled by their parent company, 32Red and Unibet would work in collaboration with some UK football clubs as part of an initiative to see responsible gambling messaging during all matches of the squads over the 2019/20 season. As shared by the company, the announcement has been made after a successful trial carried out during one of the most important matches in world football, Rangers vs Celtic. During the…

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