Company Reports

The biggest gambling company in Australia, Crown Resorts Ltd, revealed earlier today that its gambling turnover generated by affluent Chinese customers dragged its half-year profit to a decline. The company also noted that travel limitations that have been imposed as part of the prevention measures for the coronavirus are expected to also affect its business in a negative way. Today, the casino company unveiled its financial results for the six months ended on December 31st, 2019. The figures have reflected the effects of the many challenges faced by the company…

The owners of the sports betting exchange Matchbook accepted the findings shared by the UK Gambling Commission (UKGC) and confirmed they take their responsibility as a gambling operator seriously. Apart from that, it became clear that a two-year review of the company was carried out prior to the announcement of the company’s licence being suspended by the gambling regulatory body of the UK. At first, there has been pretty scarce information regarding the reasons why Matchbook had their licence suspended. Yesterday, both the company’s owner Triplebet and the UK Gambling…

The operating licence of the betting exchange company Matchbook was temporarily suspended by the UK Gambling Commission (UKGC) with the reasons still unknown. According to media reports, Matchbook contacted its British customers on February 17th via email to inform them that the major gambling regulatory body in the country had made the decision to temporarily ban the operating licence of Triplebet. As a result of the decision, the company informed its customers that its casino and sports betting activity in the UK would be briefly closed as of 23:59 on…

Last night, English Premier League (EPL) football club Everton revealed their decision to end their sponsorship with the Kenyan gambling company SportPesa at the end of the ongoing season. As announced by the football club, the end of the deal would come two years earlier than initially planned. Back in 2017, the two parties agreed on a five-year deal that has become increasingly controversial for a Premier League club, although it was a high-profile one. The very fact that the agreement was inked with a gambling company fuelled much criticism,…

The Government of New South Wales (NSW) intends to appeal a recent Supreme Court’s decision that could undermine a public inquiry aimed at investigating the connection between Australian largest gambling company Crown Resorts and Hong Kong-based casino group Melco Resorts & Entertainment. In 2019, an unprecedented inquiry set to investigate the announced 20% Crown Resorts’ stake sale to Melco was announced by the state’s gambling regulatory body, the NSW Independent Liquor and Gaming Authority. The probe followed some allegations that Crown Resorts started a business relationship with a company linked…

The Football Association (FA) did not permit to a gambling charity to film a video warning about the risks associated with gambling at the Wembley Stadium. As revealed by iNews, last year, the main governing body of English football was addressed by the leading gambling charity GambleAware. The latter asked the FA to allow it to use the iconic national stadium that has been one of the most popular sporting venues on a global scale to popularise its Bet Regret campaign. GambleAware has shared that despite football has become more…

One of the top suppliers of age verification solutions to the UK gambling sector, AgeChecked, revealed a concerning trend, as it raised a red flag that 80% of the gambling affiliates polled have done almost nothing to update their websites after the UK gambling watchdog has unveiled new rules for so-called free-play age verification. As AgeChecked said, less than 10% of the affiliates have implemented the required age checks on their websites as required by the UK Gambling Commission (UKGC). For the time being, gambling affiliates do not directly fall…

Casino giant Melco Resorts has won a court battle not to reveal some legally privileged documents at a public inquiry that is investigating its purchase of a 20% stake in Crown Resorts. In the months to come, the unprecedented inquiry carried out by the NSW Independent Liquor and Gaming Authority is set to be faced by Melco in order for the regulatory body to decide whether the gambling operator is suitable to be involved in the operation of Crown’s new casino venue in Sydney. Now, the Asian casino company will…

An Armagh pub’s owner has faced a £2,400 fine for doing nothing to stop illegal gambling that has been happening in the pub’s premises for many years. Apart from that, he has also been forced to pay a total of £24,000 in compensation to the Toal’s bookmaking chain that brought the case. The Victoria Bar situated at 32-34 Barrack Street in Armagh has been run by Herbert William Currie, who faced conviction on 24 separate charges of “carrying on a business or acting as a bookmaker” at a time when…

A European gambling operator owned by an affluent Czech businessman is reportedly considering to join the competition for a takeover of the UK National Lottery. As The Mail on Sunday revealed, Czech Republic-based Sazka Group has claimed that it has a “proven track record” when franchise means are concerned, so it would have a great position as a competitor for the operating licence of the National Lottery. The company is known for being a key asset of the KKCG investment empire that had once been established by the oil and…