Author: Daniel Williams

HSBC Bank, one of the largest banking and financial service operators in the UK and on a global scale, is likely to implement some restrictions on transactions related to online gambling services by 2020. This could mean that daily spending limits similar to the ones on withdrawals from ATMs could be underway. At the beginning of the week, HSBC UK confirmed in a tweet that the bank is preparing to introduce a special algorithm into its online and mobile banking platform as part of the upcoming technical updates that are…

Members of Parliament have warned that online gambling operators that have circumvented new maximum betting stakes are taking advantage of vulnerable British gamblers. They claim that the country’s Government is failing to provide the necessary protection to the ones who are considered at risk and reminded that problem gambling is becoming a serious public health issue. According to the Gambling Related Harm All-Party Parliamentary Group, there is absolutely no reason for online gambling operators to be allowed to offer slot machine-style games with betting stakes larger than £2. Several months…

Over 50% of the adults in the state of New South Wales (NSW) gambled at least once in 2018, even though participation rates across most forms of gambling has registered a significant decline since 2011. According to a recent report, however, the prevalence of problem gambling has held a steady ground in comparison to the rates registered eight years ago. Currently, one in ten regular gamblers is classified as a problem gambler. The release of the report is made after last week the NSW government revealed that local gamblers lost…

NatWest, one of the major British retail and commercial banks, is set to provide local problem gamblers with access to special counselling sessions in its branches across the country. The move comes as part of an innovative scheme aimed at helping gambling addicts that could be rolled out across the UK. As part of the scheme, people who think they suffer from compulsive gambling behaviour will be given the chance to set appointments with GamCare experts in 13 NatWest branches. The consultation with the gambling charity experts will be available…

A new report issued by accountancy firm PwC claims that overregulation of the online gambling market and the potential risks could push British gamblers towards the so-called “black” market. The report, which has been commissioned by GVC Holdings and William Hill, has estimated the active unregulated gambling sector in the UK to about 1.2% of the turnover, or £1.4 billion. The research, however, unveiled that some regulatory changes set to ensure tougher rules for the gambling industry, such as stricter due diligence checks or credit card restrictions, could boost the…

Australians have been found as one of the biggest gambling nations worldwide, with poker machines, lotteries and sports betting being among the most popular forms of gambling among local people. As found by recent research, almost 80% of the country’s population has participated in some form of gambling, a fact that makes Australia the largest gambling on a global scale. Currently, there are almost 7,000 clubs, pubs, hotels and various other establishments in the country where gambling is offered. There are also about 5,000 lottery establishments, not to mention the…

Gambling adverts have long been commonly spread in Australia and considering the fact that gambling has also been problematic across the country, a connection between these two issues is not surprising. Unfortunately, Australians are increasingly affected by the possible gambling-related harm and the rise in gambling addiction. According to a recent study, more than one in ten residents of Canberra were affected by gambling addiction over the past 12 months. It is the Australian National University’s Centre for Gambling Research that commissioned the 2019 ACT Gambling Survey, the first major…

The ban on gambling advertising has not been good for the British media and telecommunications company Sky Limited. The company has revealed that it lost almost 100,000 customers over the third quarter of the fiscal year. Furthermore, the conglomerate announced that the recently announced ban on gambling advertising during sports matches which are aired on TV had a negative effect on its performance. Yesterday, the Comcast-owned British satellite broadcaster unveiled that its revenue fell by 4.2%, while its underlying profitability increased. The American cable group which currently owns Sky Limited…

The UK Gambling Commission (UKGC) published its latest Young People & Gambling research to reveal the current gambling trends of children between 11 and 16 years of age in the country. As the UKGC shared, the 2019 survey looks at the forms of gambling and gambling-style games which young Brits participate in both legally and illegally. The survey was carried out by Ipsos MORI among 2,943 pupils from 11 to 16 years of age. The research took place from February 12th to June 19th, 2019. The Gambling Commission has today…

Some Australian Border Force’ and Department of Home Affairs’ senior officials have been called as witnesses to the federal law enforcement regulator’s public hearings against local gambling and casino behemoth Casino Resorts. The public hearings are set to be held by the end of the week by the Australian Commission for Law Enforcement Integrity (ACLEI) for the first time as part of its probe into the Department of Home Affairs and Crown Resorts’ staff members over allegations of corruption raised by the agency. The watchdog launched an inquiry after several…