Company Reports

A new two-part study commissioned by the local charity organisation GambleAware and conducted by YouGov showed that overall gambling rates in the UK declined over the coronavirus lockdown. The same trend applied to median customer expenditures and gambling addiction rates. A total of 12,161 individuals took part in the survey conducted by YouGov in the period from September 24th and October 13th, 2019. A recontact survey was held in May 2020, with 9,067 respondents from the first phase taking part in it. As revealed by GambleAware, the survey used the…

Some analysts have blamed Australian regulators for dealing with businesses of little importance for far too long. Now, they have been optimistic that the situation is starting to change considering the ongoing investigations and inquiries of the Crown Resorts’ casino business. The shares of the Australian casino giant Crown Resorts fell by 8.2% yesterday after the Australian Transaction Reports and Analysis Centre (AUSTRAC) confirmed it started an investigation into the company’s practices related to high-risk patrons of its Melbourne casino. Apart from that, the gambling operator has been subject to…

No matter the Spanish Government has been imposing more restrictions on the country’s gambling sector, the market seems to have preserved its attractiveness to operators from all over the world. Spain hosts a large number of gambling companies and the list has just gotten even larger. As revealed by the local gambling watchdog – the Directorate General for the Regulation of Gambling (DGOJ) – William Hill’s subsidiary Mr Green has received an operating license under which it would be able to offer its services in Spain. William Hill may have…

Casino giant Crown Resorts is now facing a new challenge for its operating licences and the prospect of being imposed massive monetary fines after the Australian Transaction Reports and Analysis Centre (AUSTRAC) informed that it has recognised potential non-compliance issues at the company’s Crown Melbourne casino. As revealed in a statement by the Australian casino company, the potential non-compliance involved some concerns associated with ongoing customer due diligence, as well as with complying with, adopting and maintaining a counter-terrorism and anti-money laundering financing program. The casino giant shared that the…

Malta-based online gambling company Genesis Global Ltd is back in business after the UK gambling regulatory body lifted the suspension on its operating licence earlier this week. Now, more than two months following the ban, the gambling firm would be able to resume operations, as the UK Gambling Commission (UKGC) ruled they are fit for the country’s gambling market. Following the gambling watchdog’s decision from October 14th, Genesis Global would be able to resume the operations of its online casino brands in the country, including, genesiscasino.com, casinoplanet.com, casoola.com, casinojoy.com, casinocruise.com,…

The Advertising Standards Authority (ASA) investigated and upheld three issues associated with a gambling advertisement of Profit Accumulator. One complainant addressed the advertising regulatory body in regard to a paid-for post on Facebook and a website for the casino bonus hunting service offered by Profit Accumulator, trading as Bonus Accumulator. The paid-for Facebook post was seen by the complainant on June 9th, 2020. It featured a video focused on providing an explanation of how the service offered by the company worked. The complainant, however, challenged the video advert for some…

The Australian Communications and Media Authority (ACMA) revealed that it intends to request local Internet Service Providers (ISPs) suspend two more foreign gambling websites that have been illegally offering their services to Australian customers. The two illegal foreign gambling websites that are to be blocked are Fortune Clock Casino and Dinkum Pokies. The regulatory body called for all Australian users who are customers of these websites to withdraw any money they may have in their accounts with the operators. The action against Dinkum Pokies and Fortune Clock Casino was taken…

Andrew Demetriou, director of Crown Resorts and an ex-AFL boss, has faced accusations of dishonesty in evidence he has given as part of the inquiry into the Australian casino giant’s operations after denying reading from notes, although there was enough video evidence suggesting he was doing so. Mr Demetriou has not denied that he had used written notes at the time when he gave evidence on October 12th. He has also admitted reading from the notes while facing questioning regarding potential money laundering at Crown Resorts. The Australian gambling giant’s…

Australian gamblers will no longer have their credit cards as an option to fund their gambling habits after a local bank revealed that it decided to ban credit card transactions for gambling purposes. Recently, Bank Australia, which combines multiple credit unions in the country, informed its customers that it decided to suspend all money transfers related to gambling and gaming through its credit cards. The ban will come into effect on December 1st, 2020. Previously, gambling was included in Bank Australia’s list of sectors to which it would no longer…

The regulatory body of the Irish National Lottery has found that Premier Lotteries Ireland (PLI) had violated the provisions of law and licence related to three scratch-card games. Yesterday, Ireland’s lottery watchdog slammed the company that currently operates the National Lottery for breaching three provisions of the National Lottery Act 2013, as well as its own lottery licence issued by the country’s Government. As revealed by the regulator, the violations were associated with three scratch-card games in which it found that the initially announced number of the available top prizes…