Company Reports

Thousands of Australian punters are trying to enter a US Lotto draw which could bring them a massive win. Many Aussie players are to take part in the second largest lottery jackpot in the US history, in spite of the fact that third-party gambling websites are considered to be operating in the so-called “grey area”. The MegaMillions jackpot rose to US$868 million (about AU$1.3 billion), becoming the second-biggest jackpot in the US history after there was no winner in its evening’s draw on Tuesday. So far, the largest lottery prize…

Two gambling operators managed to escape a possible backlash from the Advertising Standards Commission (ASA) after certain adverts of the companies were accused of being irresponsible and misleading to customers by complainants. However, after investigation and review of the adverts and the complaints, the ASA did not find any signs that BCAP Code rules were breached and did not find it necessary to prescribe any further actions. 32Red’s Advert Does Not Breach any BCAP Code Rules, ASA Says One individual filed a complaint against a TV ad for the online…

The gambling operator Paddy Power Betfair is to pay a massive £2.2-million penalty package for its failures to protect customers from gambling-related harm and to take proactive measures to top stolen money from being used to fuel problem gambling behaviour. The UK Gambling Commission (UKGC) held an investigation, which found that the company did not interact adequately with customers who were showing signs of a gambling addiction. As found by the Commission, Paddy Power Betfair did not properly carry out anti-money laundering checks. The probe of the UK gambling regulatory…

The UK Gambling Commission (UKGC) imposed a monetary penalty on the bookmaker Mark Jarvis after finding out that the company failed to protect a customer who was showing signs of compulsive gambling behaviour. The gambling operator will be forced to pay an amount of £94,000 and bring some changes to its procedures related to social responsibility. A probe initiated by the gambling regulatory body found that the gambling company failed to follow the Commission’s requirements for customer interaction have been violated by Mark Jarvis for a period of 19 months.…

The leading organisation aimed at helping problem gamblers in the UK – GambleAware – has shared a report focused on the role and influence which parental and family behaviours towards gambling and gambling-related harm have on young people. The study had four major goals. First, it was aimed at understanding the types and frequency of young people and their families’ gambling behaviours, and whether there was a correlation between these and other forms of risky behaviour. Then, the research was focused on finding out the influence of family and parents…

The Irish bookmaker Paddy Power Betfair revealed that the proposed betting tax increase could be a massive blow for the company, as it could cost it approximately €23 million on an annual basis. The company already suffered a hit, as over £250 million was wiped off the value of the company following the announcement of the Irish Government that it plans to double betting taxes from 1% to 2%. According to estimates provided by Paddy Power Betfair, which is currently the biggest bookmaker in the region, such a step would…

Betting for the Everest Horse Race has been suspended amid bitter discussions whether the Sydney Opera House should be used to promote the event. Racing NSW has shared concerns that there are major “security risks” because of which it had decided to conduct the draw prior to the event in order to bypass risks that might occur. In a statement released by the organisation, the latter revealed that its stewards will advise all gambling operators this evening after the companies allow bets to be made on the event. Here we…

The Ballarat Golf Club plans to file an application to ask the Victorian Commission for Gambling and Liquor Regulation (VCGLR) for its permission to add some more poker machines. The Club, which is currently one of the largest sporting venues in Ballarat, would apply for six more machines. The venue’s application would proceed along with a municipal report regarding the possible gambling-related harms that could affect the local community. For the time being, there are 28 pokies in the Ballarat Golf Club’s premises. The venue claims that new poker machines…

The UK gambling operators may face a hard time because of competent authorities’ concerns over the advertising practices used by the industry. Ian Angus, the programme director of the UK Gambling Commission (UKGC) took part in a London-based conference discussing responsible marketing for local gambling companies, where he explained that advertising used by some operators caused some concern to the wider public as people because of the possible negative effect it was having on young individuals. ‘We need a proper and constructive debate about #gambling #advertising. At a time when…

The Australian Capital Territory (ACT) Government has still not made a decision on the Canberra Casino multi-million dollar redevelopment plans, despite it put a deadline on the casino owners to provide them with the necessary financial details months ago. The redevelopment of Canberra Casino was officially discussed by the Government for the second time in 2018 this August. However, a spokeswoman for Chief Minister Andrew Barr revealed that the Cabinet has still not reached a final decision what to do about the unsolicited bid of Aquis Entertainment which has been…