According to a report that has been recently published, the punters in the region of Black Country and Staffordshire spent about £250,000,000 on fixed odds machines over the last year. The amount of money lost on the same betting machines in the region amount to about £45 million. The increased number of punters using such machines and the great amount of money spent on such machines have provoked some discussions on the matter. At the beginning of September this year, the British Prime Minister Theresa May called for a review…
Read MoreAuthor: Daniel Williams
The 2nd International eSports Conference to Take Place in London on September 23rd
The second international eSports 2016 Conference is set to take place at the Strand Palace Hotel in London on September 23rd. The event will be run alongside the Daily Fantasy Sports Expo and will set its focus on the latest issues associated with the eSports business, including the ones that are considered as key ones to both the eSports business models and the growth strategy of the business. The Conference is specially aimed at a variety of people and organisations working in the system of eSports and betting business. This…
Read MoreASA Scolds Coral Interactive over Grand National E-Mail Ad
The Advertising Standards Authority (ASA) has upheld a complaint of an e-mail advert sent by Coral Interactive at the beginning of April this year. The Gibraltar-based company send a promotional e-mail on April 9th, which featured a text advert saying that as a new customer, the addressee of the e-mail was eligible to get a free bet of £20 which can be used to make online bets. According to the e-mail sent by Coral Interactive, customers are required to enter their accounts and place their first sports bet. The minimum…
Read MoreIEA Describes Media Focus on UK FOBTs as “Greatly Exaggerated”
The Institute of Economic Affairs (IEA) has published a briefing on its website, sharing the view of its analysts who called the UK media focus on the expenditures on gambling machines in the country’s bookmakers “greatly exaggerated.” The fixed-odds betting terminals (FOBTs) are machines that provide customers with the chance to play virtual casino games in licensed betting offices by placing relatively small stakes in the range from £1 to £100. Maximum payouts are also not that big and usually amount to £500. Recently, these machines have become the major…
Read MoreUKGC CEO Says Problem Gaming Would Remain in Public Focus
The boss of the UK Gambling Commission posted a warning addressed to all industry stakeholders, saying that the increased focus on the gambling sector over the past year is not likely to be offset over the upcoming months. The Chief Executive Officer of the regulatory watchdog Sarah Harrison announced that the the close monitoring and the seriousness of responsible gambling policies would become even more serious in the future. Mr. Harrison took part in the World Regulatory Briefing which took place in London earlier this week. The event was focused…
Read MoreUKGC Releases Position Paper over In-Play Sports Betting Regulation
The UK Gambling Commission (UKGC) has posted its latest position paper focused on in-play betting, which is also known as live or in-running betting, and updates to the paper published by the regulatory body in March 2009. This betting activity usually takes place on sporting events and is considered as mainly an online activity. In addition, in-play betting becomes increasingly popular among players worldwide and this niche of the gambling markets has been rapidly expanding lately. According to the information revealed in the paper, the watchdog’s position has been considered…
Read MoreCoral Interactive Hit by Another ASA Euro 2016 Ad Ban
Coral Interactive (Gibraltar) Ltd was hit by another Advertising Standards Authority (ASA) ban today. The company was warned once again after the regulatory watchdog issued a ruling on another e-mail promotional offer distributed via e-mail. Two issues related to the gambling company’s e-mail promotional offer and a pop-up ad were investigated by the Authority. The advert promoted free £10 bets associated with the outcome of Euro 2016 matches. The first issue that was investigated was related to the e-mail received on June 15th, stating that in case a player bet…
Read MoreASA Warns Coral Interactive over Misleading Promotional E-Mail Ad
Today the Advertising Standards Authority (ASA) published a ruling against Coral Interactive (Gibraltar) Ltd. A promotional offer of the company was banned after a complaint against Coral’s advert has been filed earlier. A total of three customers have initiated the investigation after filing a complaint against Coral. They have reported receiving an e-mail with a promotional free bet offer in June 2016. The e-mail advert’s text read that players could bet £/€20 on any team to win the Euro 2016 to get a free bet of £/€10 every time a…
Read MoreNew Jersey and the UK in Early Stage Talks to Share Liquidity
As Casino Guardian has already reported, up to date the UK and the US state of New Jersey are still in the early stages of their negotiations to share liquidity generated from online casino and gaming operations. Currently, both countries feature some of the most regulated gambling markets on a global scale. Up to date, the global online gambling market is estimated to $37 billion, with an annual growth of nearly 11%. According to some data provided by the research firm Deloitte that has been previously cited by Casino Guardian,…
Read More888’s CEO Frienberger Rejects Rank Merger Plans
The online casino and sports betting operator 888 Holding seems to have changed its mind about an eventual merger with Rank Group after the two companies failed to reach a three-way merger with the UK-based bookmaker William Hill. The Chief Executive Officer of 888 Itai Frienberger denied the possibility of such a deal saying a merger was not part of 888’s plans, although the boss of Rank Group Henry Birch said in an interview for The Times that an agreement between the companies “would not be unreasonable.” Still, Mr. Frienberger…
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