Author: Olivia Cole

The Northern Powerhouse minister Jake Berry has recently hinted of a move to revive plans for a Las Vegas-style super casino situated in Blackpool. Minister Berry has explained that such a large gambling venue could bring a new life to the seaside town. The proposal for a super casino is not a new idea. Plans to build 16 super casinos in the UK appeared in 2007 but were then defeated in the House of Lords. For the time being, local politicians and anti-gambling campaigners have remained sceptical about Blackpool super-casino…

About 25% of the high-street betting shops in the UK have been scheduled to close, a move that would put 12,000 jobs at risk in the local gambling industry. William Hill has become the latest British bookmaker who has blamed stricter regulation and fixed-odds betting terminals (FOBTs) crackdown for the job cuts. In April, the UK Government brought the restrictions set to slash the maximum stake allowed on the controversial betting machines, cutting them from £100 per spin to £2 after anti-gambling campaigners, activists and Members of Parliament have been…

Yesterday, the owner of the Paddy Power brand, Flutter Entertainment, said that it knew of no material reason for an increase registered in its shares. However, there has been speculation that another company could be having a big interest in the Irish gambling giant. A massive surge in the share price of the bookmaker behemoth, which currently has well-known brands such as Paddy Power, Betfair and Australia’s Sportsbet in its portfolio, as well as a growing presence in the US market, was registered. According to Bloomberg, this has been the…

The largest supermarket chain in Australia, Woolworths Group, has revealed plans to first combine and then spin off its very profitable drinks and hospitality units in the upcoming financial year. The move will provide the Group with the opportunity to focus primarily on its main food business and respond to the increasing pressure over its gambling operations. Woolworths revealed its intentions to merge its liquor and hospitality divisions making a single entity out of Endeavour Drinks, which includes BWS and Dan Murphy’s, and the hotels and gaming unit ALH Group…

Five of the largest gambling operators in the UK have agreed to make larger contributions to fund problem gambling research and treatment. The five companies – William Hill, bet365, SkyBet, Flutter Entertainment and Ladbrokes Coral – are set to boost the voluntary levy on their gambling profits from 0.1% to 1% up to 2023. The change in the levy paid by the operators is expected to bring a contribution of about £60 million. The firms shared that it would take the change in tackling gambling addiction step by step. The…

There are calls for the four big banks to take effective measures against gambling payments after Macquarie Group announced its decision to suspend credit cards use in gambling transactions. In an interview with Natalie Peters and Erin Molan during The Chris Smith Show, Tim Costello, Director of the charity organisation Alliance for Gambling Reform, has commented the ban and urged other big four banks to follow suit and also suspend betting with credit cards. Mr Costello has further explained that Australia is the biggest betting nation on the planet, with…

The gambling ombudsman and some financial experts have criticised sports betting sites for using potentially misleading language which is more associated with regulated investing rather than gambling. According to them, people who use such websites are likely to lose money due to the misleading advertising language used by the companies. The warning has been issued amid increasing calls for the authorities to impose a blanket ban on betting companies’ sponsorships. According to analysis held by Telegraph Money on one of the controversial sports trading platforms, Football Index, the website is…

One of the largest bookies in the UK, William Hill, has joined a number of other gambling operators by declaring the cancellation of a serious number of ante-post bets at a short notice. The decision made by the gambling company came as a reminder to customers that bookmakers’ Terms & Conditions allow the companies to cancel bets long time before the bets’ acceptance. The decision of William Hill for ante-post bets’ void has followed similar announcements made by 188BET and BetBright. Tuesday saw the Swiss customers of the company receive…

The leading British bookmaker William Hill revealed that its US division is to enter a partnership with a Native American Tribe to roll out a sportsbook service in the summer. The partnership agreement between William Hill US and the Mescalero Apache Tribe for a sportsbook release at Inn of the Mountain Gods, a premier resort and casino situated in New Mexico. The sportsbook that is to be offered in the venue is to be powered by William Hill and will use the British gambling firm’s risk management and proprietary technology…

Nearly four years after the initial redevelopment of Casino Canberra was proposed, future actions on the project could be back on track after the venue’s owner resumed its contact with the ACT Government. The development involved plans for a new convention centre, luxury hotels addition, as well as new cafés, bars and shopping centres. After a long process of negotiation talks, the Government revealed late in 2018 it would dismiss the unsolicited bid of the casino. The key points for that were the Government’s decision not to make certain area…