Latest Delay in Casino Reopening Could Cost the Industry 6,000 Jobs, Gambling Venue Owners Say

Latest Delay in Casino Reopening Could Cost the Industry 6,000 Jobs, Gambling Venue Owners Say

Gambling companies’ owners have warned that the last-minute decision of Prime Minister Boris Johnson to once again postpone the reopening of casino venues in the country could jeopardise up to 6,000 jobs in the sector. Gambling bosses, along with the trade body representing the companies, the Betting and Gaming Council (BGC), described the Prime Minister’s actions as swindling a wrecking ball through the industry after the official plans associated with the much-awaited reopening of casinos on August 1st were put on hold again. The British Government has made a change…

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GVC Holdings Rejects Media Rumours about a Link between Former Turkish Unit Probe and Wirecard Payments

GVC Holdings Rejects Media Rumours about a Link between Former Turkish Unit Probe and Wirecard Payments

GVC Holdings is trying to calm down its investors in regard to the press speculation associated with the HM Revenue and Customs (HMRC) investigation into the gambling giant’s former Turkish-facing business. Now, the company is trying to reassure its stakeholders that rumours that emerged in some media about a probe into alleged links of the former Turkish unit of the operator to online gambling payment processor Wirecard is all fake news. The share price of GVC Holdings suffered a decline of almost 9% in early trading on the London Stock…

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Credit Control Team Is Responsible for Junket Operators Probity Checks at Crown Resorts, Legal Chief Says

Credit Control Team Is Responsible for Junket Operators Probity Checks at Crown Resorts, Legal Chief Says

Gambling giant Crown Resorts is conducting due diligence of its junket partners in order to check for potential criminal links. The checks are starting with the marketing team that has been given the responsibility to attract high-roller customers to the company’s Australian casinos, creating what Crown Resorts’ compliance and legal officer admits could be a conflict of interest. Earlier today, the Chief Legal Officer of the casino company testified in the inquiry held into Crown Resorts by the NSW Independent Liquor and Gaming Authority to find out how the gambling…

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Crown Resorts’ Compliance and Legal Operations Officer Says He Cannot Remember Concerns Regarding Junket Partners

Crown Resorts’ Compliance and Legal Operations Officer Says He Cannot Remember Concerns Regarding Junket Partners

The Chief Legal Officer of Crown Resorts claims he was not aware of concerns associated with the poor regulation of Macau junket operators and the barely sufficient probity checks that were carried out at the time when allegations emerged that Crown’s junket partners were linked to criminal organisations. Joshua Preston, who currently leads Crown Resorts’ legal and regulatory compliance operations, was unable to answer an inquiry of the NSW Government whether any kind of review was carried out by the casino operator into its junket partners at the time when…

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TAB Finalises UBET Merger to Offer New Products and Features to Australian Customers

TAB Finalises UBET Merger to Offer New Products and Features to Australian Customers

TAB customers in the Northern Territory, Tasmania, South Australia and Queensland would be able to access new products to bet on, including live US sports and exclusive promotions thanks to a new merger announced by the gambling company. Thanks to a completed merger with UBET, TAB was able to expand its offering with flexi betting, Same Game Multis, special US sports and Watch and Bet function, and some additional tote products, such as Big 6 and Early Quaddie. One of the largest Australian gambling operators further revealed that it has…

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Casino Venues in England to Resume Operations as of August 1st, the Ones in Scotland and Wales to Remain Shut

Casino Venues in England to Resume Operations as of August 1st, the Ones in Scotland and Wales to Remain Shut

Casinos in England are set to resume operations on August 1st, after the reopening was approved by Prime Minister Boris Johnson. Casino venues across the country have been shut since March 21st after the lockdown measure was imposed as part of the Government’s policy to prevent the further spread of the coronavirus infection. And while casino patrons in England are impatient to see the venues operating again, the same does not apply for gambling fans in Wales and Scotland, as they are set to remain closed. The lockdown that forced…

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British Bookmakers Remain Cautious of Possible Layoffs and Betting Shop Closures Following Coronavirus Crisis

British Bookmakers Remain Cautious of Possible Layoffs and Betting Shop Closures Following Coronavirus Crisis

There are very few industries that have not been affected by the coronavirus crisis, with the gambling sector definitely not being one of them. Although online gambling has registered an excellent performance and even growth during the coronavirus pandemic, companies operating in the retail gambling sector have suffered a massive blow by the shutdown measures that had been imposed to prevent further spread of the Covid-19 infection. Furthermore, UK bookmakers have predicted that the worst is yet to come. The last few months have been difficult for most bookmakers due…

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Crown Perth Casino to Start Cashless Transaction Trials for Chip Purchases at Some Gaming Tables as of July 27th

Crown Perth Casino to Start Cashless Transaction Trials for Chip Purchases at Some Gaming Tables as of July 27th

The Australian casino company Crown Resorts has revealed that a mechanism for cashless chip purchases at its gaming tables is being tested. The announcement triggered controversial reactions among gambling addiction groups and gambling charities that have shared they expect such a move to result in problem gambling rates’ surge. As Western Australian 6PR radio station reported yesterday, the Crown Perth casino has unveiled plans to start a test-run of an EFTPOS system (an abbreviation that stands for an “electronic funds transfer at point of sale”). The casino operator has shared…

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Monzo Bank Customers Using Gambling Transaction Block Feature More Than Doubled in the Past Year

Monzo Bank Customers Using Gambling Transaction Block Feature More Than Doubled in the Past Year

The number of customers using the gambling block mechanism offered by the British online bank Monzo has more than doubled over the past year. Monzo Bank was the first to introduce the gambling transactions block function in June 2018 as part of some efforts to help its customers better control their gambling habits. However, the number of users who have taken advantage of the feature remains relatively small. At the time when the bank launched the feature, it explained that it is able to identify when a gambling transaction is…

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Responsible Wagering Australia Says Consumer Credit Data Does Not Adequately Depict Increase in Locals’ Gambling Activity

Responsible Wagering Australia Says Consumer Credit Data Does Not Adequately Depict Increase in Locals’ Gambling Activity

Responsible Wagering Australia (RWA), the independent peak body that represents the country’s online gambling sector, has made claims that consumer credit data does not present accurate information regarding the public spending on gambling services. The claims have been made at a time when some concerning reports of an increase in gambling activity in Australia are being released. According to Brent Jackson, Chief Executive Officer of RWA, historical consumer credit data was being used to present a surge in Australian people’s gambling activity during the coronavirus crisis. Mr Jackson, however, believes…

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