Company Reports

Online casino Videoslots has introduced new obligatory loss limits applicable to all its players on the territory of the UK. The mandatory loss limits have been enforced as a new safety measure aimed at protecting British players during the Covid-19 pandemic, as online gambling participation rates have been rising during the coronavirus outbreak while most people are forced to stay at home. The online casino operator shared that it hopes the freshly-adopted loss limits will keep their customers safe without depriving them of their fun. As revealed by Videoslots, the…

The Advertising Standards Authority (ASA) has urged the local people to file reports about gambling adverts that make reference to the coronavirus crisis and promised to take swift measures against those who breach advertising code rules. The regulatory body explained that the way online gambling services are conducted, including the frequency and nature of their advertising, was a matter of paramount priority when it comes to regulation under the ongoing pandemic. According to the ASA, the massive lockdown has resulted in the establishment of what the regulator described as a…

Today, the UK Gambling Commission (UKGC) provided reasoning for the suspension of the online gambling business Triplebet’s operating licence that was announced earlier in 2020. As Casino Guardian reported at the time, Triplebet, which operated a remote casino and a betting exchange under the Matchbook branding, had its operating licence suspended with immediate effect on February 17th. The measure was unveiled as part of a larger regulatory package of sanctions for money laundering and social responsibility failures of some gambling businesses across the country. The probe carried out by UKGC…

One of the biggest gambling companies in Australia – Tabcorp – has decided to take measures to offset the negative impact that the shutdown of brick-and-mortar licensed betting shops and TAB agencies and the cancellation and postponement of major sports events are having on its performance. Even though some new sports betting options, such as the Belarusian Premier League, have emerged in the light of coronavirus crisis, they have not been able to compensate for the revenue that would have been generated by the company as a result of its…

The shares of one of the largest gambling companies in the UK, GVC Holdings, experienced a surge on Monday trade, despite the company published a first-quarter trading update revealing expectations for significant monthly losses because of the Covid-19 pandemic. The share price of GVC Holdings rose by 18.5% to close at 573.2p on Monday afternoon. Previously, the gambling operator had noted that the global closure of retail gambling hubs and cancellation or postponement of international sports events was expected to reduce its monthly earnings before interest, tax, depreciation and amortisation…

A few days ago, the Independent Liquor and Gaming Authority in New South Wales revealed that the ongoing inquiry into the sustainability of Crown Resorts to hold a gambling operating license in the state had been postponed for an indefinite period of time due to the coronavirus pandemic. The state’s gambling watchdog explained that it had decided that most of the casino inquiry actions would be deferred in the light of the ongoing Covid-19 crisis until it is considered safe for all public aspects of the probe to resume. The…

The Advertising Standards Authority (ASA) slammed gambling company Lucky Go Studio Ltd for an allegedly misleading advert. According to a complaint filed by one individual, an in-app video advert for the Lucky Goal application that was seen on November 25th, 2019, showed a person receiving a message that their credit card had been declined while forming a purchase on the Amazon website. They clicked on an on-screen text leading to the Lucky Goal app, played a game of roulette and generating an $85 win. Then, the person answered correctly to…

The UK competition gambling authority has given approval to the mega-merger of gambling giants of Flutter Entertainment and the Stars Group following a probe into the proposed deal. As a result of the probe, Flutter’s £10-billion acquisition of the Stars Group was cleared by the Competition and Markets Authority (CMA). The investigation into the planned merger was announced at the beginning of February 2020. The probe found that despite the strong competition of gambling operators would not result in less favourable odds or less generous promotions to be provided to…

Earlier this week, Apple’s WebKit team announced in a blog post that it would unveil enhancements to the global technology developer’s Intelligent Tracking Prevention feature, as part for which full cookie blocking for third parties will be allowed. As the WebKit team revealed, Safari browser in macOS 10.15.4 and iPadOS 13.4 would include upgrades under which cookies for cross-site resources are blocked by default. This has made the change one of the most significant company’s moves in terms of privacy protection, as the improvement would further cut down on the…

New Zealand has adopted lockdown measures as a measure to prevent further spreading of coronavirus infection and retail gambling businesses ceased operation, but online gambling sites remain wide open for local customers, at a time when people are considered the most vulnerable. The Government has recommended that, under lever four of the coronavirus scale, only businesses that are absolutely essential for life necessities should be left operational, gambling services still remain available. The TAB, the largest racing and sports betting operator in Australia, however, has kept its online gambling services…