Gamesys Faces Regulatory Sanctions of £6 Million Due to Social Responsibility and AML Failings

Gamesys Faces Regulatory Sanctions of £6 Million Due to Social Responsibility and AML Failings

According to the UK Gambling Commission’s latest press release, Gamesys Operations Limited has faced steep regulatory sanctions worth £6 million due to failure to comply with important rules and regulations. The gambling business, whose head office address is in Gibraltar, has 16 domain names under its operation in the United Kingdom. Some of the most popular online gambling venues operated by Gamesys include ballycasino.co.uk, doublebubblebingo.com, jackpotcity.com, and megawayscasino.com. Aside from the regulatory penalty, the operator will be subjected to an audit by a third-party entity to ensure it adheres to…

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Former Entain CEO Jette Nygaard-Andersen Issues Statement on Departure

Former Entain CEO Jette Nygaard-Andersen Issues Statement on Departure

Jette Nygaard-Andersen, who used to serve as CEO of gambling entertainment giant Entain, has commented on her departure from the company in a post on the social media platform LinkedIn. She left her position as CEO in December 2023, and, at present, Stella David is serving as interim CEO. Nygaard-Andersen began by announcing her decision to step down and expressing gratitude towards everyone she has worked with since her appointment as CEO of Ladbrokes’ and Coral’s parent company in 2021. She commended Entain’s successful transformation into a company that adheres…

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Bet365 Reports Pre-Tax Loss of Over £72 Million as CEO Denise Coates Enjoys £220.7 Million Salary

Bet365 Reports Pre-Tax Loss of Over £72 Million as CEO Denise Coates Enjoys £220.7 Million Salary

An industry leader in both the UK and the global gambling industry as a whole, Bet365 shared that its sports and gaming revenue has grown to £3.39 billion in 2022-23. The figure was disclosed in the company’s annual financial report, and it marked a substantial revenue growth of 19% compared to the £2.85 billion revenue reported last year. Gaming was notable in its revenue increase of 31%, while sports achieved half that at 15%. According to the report, these surges were the result of Bet365’s expansion to a variety of…

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Man Faces Charges Following Armed Robbery of North Dublin Betting Shop

Man Faces Charges Following Armed Robbery of North Dublin Betting Shop

A retail betting shop located in Swords, Dublin, became the site of an armed robbery on Saturday morning. As reported by the Sunday World, the perpetrator is also facing accusations of having been connected to two robberies that occurred in the area last December. Local authorities were able to successfully detain the suspect following the Saturday incident, and he was subject to questioning under Section 4 of Ireland’s Criminal Justice Act, 1984. According to a spokesperson of Garda Síochána, Ireland’s national police force, the suspect worked alone and threatened the…

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GambleAware Calls for Clarity on Statutory Levy Funds Allocation

GambleAware Calls for Clarity on Statutory Levy Funds Allocation

January 4th saw GambleAware’s CEO, Zoë Osmond, issue a statement in response to the Government’s consultation regarding the statutory levy that is set to affect all businesses licensed by the UK Gambling Commission (UKGC). The levy is one of the most crucial proposals in the Government’s Gambling White Paper. Although Osmond noted that GambleAware views the levy in an overall positive light, she did raise concerns regarding a number of issues that could negatively impact the levy’s effectiveness. A lack of clarity regarding money distribution and the Government’s failure to…

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ASA Bans Buzz Bingo’s Halloween-Themed Advert

ASA Bans Buzz Bingo’s Halloween-Themed Advert

The Advertising Standards Authority (ASA) ruled on January 3rd that a Halloween-themed ad posted by Buzz Bingo on Facebook last October was in breach of the UK Code of Non-broadcast Advertising and Direct & Promotional Marketing (CAP Code). The advert in question was scrutinised for its potential to appeal to children on a platform frequented by individuals who are no older than 17, and it has since been removed. The cartoon artwork of the post was deemed to be particularly problematic, seeing as it included animated pumpkin heads, bats, and…

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Recovering Problem Gambler Opens Up about How Gambling Addiction Landed Him in Prison

Recovering Problem Gambler Opens Up about How Gambling Addiction Landed Him in Prison

In a recent interview with the BBC, Andy May, who spent two years in prison for theft, talked about his struggles with gambling and how they ultimately drove him to steal more than £1.3 million to fund his addiction. May is currently volunteering with the independent charity GambleAware, which this November revealed that, according to survey data, 64% of UK adults who suffer from gambling addiction are afraid of opening up about their struggles due to stigma. This led to the launch of a campaign that aims to address the…

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Paddy Power Faces Irish High Court Lawsuit Over Allegations Surrounding Unpaid Winnings

Paddy Power Faces Irish High Court Lawsuit Over Allegations Surrounding Unpaid Winnings

In December 2023, pensioner Anthony Whelan from Dalkey, Dublin, accused Paddy Power of withholding over €13,800 in winnings from him, but lost the case after the Circuit Civil Court ruled in favour of Paddy Power. As reported by the Sunday World, Mr Whelan has decided to take the case to Ireland’s High Court with the hopes of invoking Irish and EU consumer protection law. Mr Whelan’s lawyer, John W Carroll of Crowley Millar, stated that his clients’ arguments centre around how the terms and conditions of the promotion were unfair…

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BGC Insists Upon the Timely Delivery of Gambling White Paper Proposals

BGC Insists Upon the Timely Delivery of Gambling White Paper Proposals

In a statement issued this Wednesday, the Betting and Gaming Council (BGC) put an emphasis on how crucial it is for the Government to deliver its planned gambling reforms in the first half of 2024. The council focused specifically on how, despite the lack of clarity on exactly when the White Paper’s policies will officially come to pass, there are outside factors and changes that will definitely have a profound effect on the gambling industry in the upcoming months. The first major change is that of the national living wage.…

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GRAI Sets Out to Recruit More Experts in an Effort to Tackle the Normalisation of Gambling in Sports

GRAI Sets Out to Recruit More Experts in an Effort to Tackle the Normalisation of Gambling in Sports

In an interview with the Irish Examiner, Anne Marie Caulfield, CEO of the Gambling Regulatory Authority of Ireland (GRAI), revealed the watchdog’s plans to carry out further recruitment of experts in an effort to address the close ties the sports industry has with gambling and the issue of problem gambling as a whole. This interview follows an Economic and Social Research Institute (ESRI) study published earlier this year, which outlined a range of findings on how Irish residents are affected by gambling and found that over 130,000 people in Ireland…

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