Gambling Authorities of Gibraltar and Sweden Sign Memorandum of Understanding to Ensure Better Supervision

Gambling Authorities of Gibraltar and Sweden Sign Memorandum of Understanding to Ensure Better Supervision

The Gibraltar Gambling Division (GGD) and the new Swedish gambling regulator, Spelinspektionen, revealed that they have entered into a Memorandum of Understanding (MoU). Under the newly-announced agreement, the two gambling authorities are to cooperate with the objective of making the ongoing exchange of information between the two regulatory bodies easier and thereby making the supervision more efficient. The MoU between the two parties came into force on May 8th, 2019. Gibraltar Gambling Division och Spelinspektionen har ingått en överenskommelse i syfte att underlätta det pågående informationsutbytet mellan de två myndigheterna…

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William Hill Enters Swedish Gambling Sector with Licensed Gambling Website

William Hill Enters Swedish Gambling Sector with Licensed Gambling Website

One of the largest gambling companies in the UK – William Hill – has launched its licensed gambling website aimed at the Swedish market and users. The announcement has been made after the completion of the acquisition of MRG Group which was carried out this year and which ended up with the addition of the Mr Green and Redbet brands to William Hill’s portfolio. The acquisition of MRG Group that took place earlier in 2019 and added another high-growth gaming company and its offerings to the British gambling operator’s services,…

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ASA Slams Paddy Power, William Hill and Tottenham Hotspur for Socially Irresponsible Gambling Ads

ASA Slams Paddy Power, William Hill and Tottenham Hotspur for Socially Irresponsible Gambling Ads

The Advertising Standards Authority has slammed two gambling operators – Paddy Power and William Hill – for releasing socially irresponsible TV adverts. The UK advertising watchdog also scolded Tottenham Hotspur Football & Athletic Co. for posting a tweet to promote certain odds offered by William Hill. Five individuals have filed a complaint against a TV advert for Paddy Power Rewards seen in February 2019. the complainants challenged whether the ad featuring former football player Ryan Giggs’ brother, Rhodry Giggs, speaking about the rewards provided by the gambling operator and its…

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UK Gambling Regulators Should Do More to Protect Children from Gambling Addiction

UK Gambling Regulators Should Do More to Protect Children from Gambling Addiction

Gambling has been a national tradition in the UK. Many local people consider it a simple form of entertainment, saying that they could spend their own money as they wish. However, anti-gambling campaigners have been saying that gambling is much more than a simple pastime, so they have been warning about the possible negative impact which gambling could have on society and its most vulnerable members. The Government and local gambling regulators have both been blamed for their lack of adequate actions to tackle the possible negative consequences for communities.…

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New Zealand Court Sentences Gambler Who Lost $900K in Casinos to 3 Years in Prison for Tax Evasion

New Zealand Court Sentences Gambler Who Lost $900K in Casinos to 3 Years in Prison for Tax Evasion

A business owner in Christchurch, New Zealand, who lost nearly NZ$900,000 in casinos was handed a three-year sentence after admitting fraud and tax evasion. The man claimed he had no problem with gambling but the judge at Christchurch District Court expressed his suspicion that the businessman was, indeed, a gambling addict. Chung Tuyen La, a business owner from Christchurch, was sentenced to three years in prison and ordered to pay $818,400 in reparations on Thursday. La, who was a partner in a local business that sold wholesale chicken and fish…

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UK Gambling Operators Try to Compensate for Retail Losses Following Government’s New FOBT Max Stake Policy

UK Gambling Operators Try to Compensate for Retail Losses Following Government’s New FOBT Max Stake Policy

Almost a month ago, on April 1st, an enormous change was brought to the retail gambling sector in the UK, after the Government finally rolled out the long-awaited crackdown on the notorious fixed-odds betting terminals (FOBTs). The beginning of April saw the reduction of the maximum stake of the controversial machines from £100 to £2 after a lengthy consideration process and thorough reviews of the industry. The machines have been blamed for fuelling gambling addiction in the country, by offering extremely high betting stakes and quick gameplay to UK gamblers.…

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GVC Holdings’ Boss Calls for Complete Ban on Gambling Advertising During All Live Sports Events Aired on TV

GVC Holdings’ Boss Calls for Complete Ban on Gambling Advertising During All Live Sports Events Aired on TV

Last night, the boss of the largest gambling operator in the UK called for a complete ban to be imposed on betting advertising on TV during live sports broadcasts at any time. The Chief Executive Officer of GVC Holdings, Kenny Alexander, had previously urged the authorities to suspend gambling adverts from being aired during football matches before the 9:00 PM watershed. Such a ban is set to be officially imposed at the start of the next season. Yesterday, Mr Alexander once again raised a red flag and insisted that the…

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Gambling Addict Robs Disabled Liverpool Football Club Fans and Blows £12,000 on Bets

Gambling Addict Robs Disabled Liverpool Football Club Fans and Blows £12,000 on Bets

After being appointed a treasurer of the Liverpool Disabled Supporters Association, a gambling addict from Bootle, Merseyside, misappropriated a little over £12,000 from the bank account of the charity. The man, Philip Lea, spent the money on betting, shopping, and food. The former treasurer of the association was addicted to gambling and his crime was the result of his addiction, according to his lawyer Jamie Baxter. Lea, who is a 33-year-old disabled man from Bootle, took the position of the charity treasurer in September 2017. The Liverpool Disabled Supporters Association…

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Analysts Remain Optimistic about Australian High-Roller Casino Sector’s Possible Recovery in 2020

Analysts Remain Optimistic about Australian High-Roller Casino Sector’s Possible Recovery in 2020

According to analysts, the main effort of the largest casino operators in Australia to once again become attractive to wealthy Asian high-rollers is to remain on the agenda amid the overall economic decline in China. However, experts are now more optimistic about the chances of a recovery in the upcoming fiscal year. At a time when China has recorded the slowest growth rate of its economy in almost thirty years, partly driven by its controversies with the US, Australian casino behemoths, including Crown Resorts and Star Entertainment have faced a…

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Massive £750,000 Renovation of Genting Casino Luton Already Underway to Improve Customer Experience

Massive £750,000 Renovation of Genting Casino Luton Already Underway to Improve Customer Experience

The UK arm of Genting Group – Genting UK – has provided more details about the planned refurbishment of its casino facility in Luton. The operator has revealed that the renovation works, which have been estimated to £750,000, are set to create a greater variety of gambling options for the casino visitors. As explained by the owners, the refurbishment of Genting Casino Luton is already underway, with improvements planned to be brought to both the gaming and the poker room of the venue, as well as to its lounge and…

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