Sky Betting and Gaming Terminates UK Affiliate Programme Due to Mounting Regulatory Pressure

Sky Betting and Gaming Terminates UK Affiliate Programme Due to Mounting Regulatory Pressure

The UK-based gambling company Sky Betting and Gaming revealed its intentions to end its UK Affiliate Programme, saying that the move is due to recent rulings and regulatory pressure by the UK Gambling Commission. The gambling operator reminded that clause 13.2 of its affiliates’ Agreement allows it to terminate the Agreement with immediate effect after providing its affiliates with a written notice. Now, the company has decided to provide its affiliates with a 28-day notice of termination, with the Agreement set to be officially ended on October 2nd, 2017. Sky…

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LeoVegas to Leave Australian Gambling Market as of September 10th

LeoVegas to Leave Australian Gambling Market as of September 10th

The massive flee of online gambling operators from the Australian regulated market continues. Casino Guardian learned that another leading gaming company is to leave Australia due to the country’s new online gambling amendment bill. It came to our knowledge that the leading Swedish online casino, sports betting and poker operator LeoVegas is the next one to quit the Australian gambling market. The brand has informed its affiliates for its decision to stop providing its services to local customers due to the recent regulatory developments that took place in the country.…

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888 Suffers £7.8-Million UKGC Penalty for Failing to Handle Vulnerable Customers

888 Suffers £7.8-Million UKGC Penalty for Failing to Handle Vulnerable Customers

One of the largest online gambling companies on the territory of the UK – 888 UK Limited – is to be made to pay an enormous penalty estimated to more than £7.8 million. The penalty package has been imposed on the gambling operator after it failed to handle a number cases of customers who had been put at risk. An investigation held by the UK gambling regulatory body, the UK Gambling Commission (UKGC), found that the social responsibility processes of 888 UK Limited, which are aimed to protect the company’s…

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Crown Resorts to Release CrownLotto Online Lottery This Week

Crown Resorts to Release CrownLotto Online Lottery This Week

One of the largest gaming and entertainment groups in Australia, Crown Resorts and Crown Bet are expected to officially release an online lottery until the end of the week. The lottery, which name is to be CrownLotto, is planned to be run by the corporate bookmaker CrownBet, an Australian online wagering company, which majority share is currently held by Crown Resorts. A spokesman of CrownBet explained that the new product is to be launched in order for the Crown Resorts and CrownBet to face the increasing customer demand that is…

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New Wave of Online Gambling Brands Exit Australian Market

New Wave of Online Gambling Brands Exit Australian Market

It came to Casino Guardian’s knowledge that more gambling brands are to exit the Australian market in a few days. Lately, the Australian gambling market has seen the exodus of a number of leading online casino, gaming and poker brands due to the country’s new gambling legislation. The fact that the Interactive Gambling Amendment Bill 2016 was officially greenlighted by the Australian Senate, shook the companies operating in the country and many well-established and reputable brands chose to leave the Australian gaming market because of the new regulatory amendments that…

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Gambling Operators Still on Their Way to Consolidation through Merger and Acquisition Deals

Gambling Operators Still on Their Way to Consolidation through Merger and Acquisition Deals

With the previous two years being more of transition ones, seeking to see the closure of a number of questionable deals, the environment in the gambling market has been quickly changing. In spite of the fact that 2016 was quite eventful as far as mergers and acquisitions are concerned, further consolidation of the market has been projected by a number of market experts and analysts. Considering certain merger and acquisition talks between some of the major gaming operators both in the UK and on a global scale, some of them…

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bet365 Acquires NoSQL Database Developer Basho Technologies’ Remaining Assets

bet365 Acquires NoSQL Database Developer Basho Technologies’ Remaining Assets

The British online gambling operator bet365 has reached an agreement to take over the remaining assets of the US-based distributed systems company and NoSQL database technology developer Basho Technologies. The news of the takeover deal was confirmed by Riak developers, as well as by the firm handling Basho Technologies’ receivership – Pivotal Solutions. Basho Technologies, which is known for contributing for Riak’s development by creating its distributed NoSQL database, has been facing difficulties for some time now. Now, the company’s products are expected to become open sourced, which would be…

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Online Gaming and Poker Operators Flee from Australia to Escape Gambling Crackdown

Online Gaming and Poker Operators Flee from Australia to Escape Gambling Crackdown

The Australian gambling market has been literally shaken by the newest amendments the local Government is making to the country’s gambling legislation. At the beginning of August 2017, the Interactive Gambling Amendment Bill 2016, which is aimed to eliminate online poker from the gambling options that are legally offered in the country, was officially given the green light by the Australian Senate after being put to the vote. Since then, a great number of local poker players and operators have shared their concerns with the situation, saying that the new…

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GVC Holdings’ £3.6-Billion Takeover Bid for Ladbrokes Coral Fails Down

GVC Holdings’ £3.6-Billion Takeover Bid for Ladbrokes Coral Fails Down

The gambling and online gambling group GVC Holdings has recently held talks about a possible takeover of the UK bookmaker Ladbrokes Coral. GVC Holdings made a takeover bid of about £3.6 billion to the British bookmaker which currently owns 3,500 high street outlets. According to two sources familiar with the negotiations, the takeover talks have failed and are closed for the time being. If they have been successful, they would have created one of the largest gambling companies not only on the territory of the UK, but also on a…

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Grosvenorsport Inks Sponsorship Agreement with Goodwood’s Celebration Mile

Grosvenorsport Inks Sponsorship Agreement with Goodwood’s Celebration Mile

The leading UK betting operator Grosvenorsport.com has entered into its first horse racing sponsorship agreement. The company has been officially announced as Celebration Mile at Goodwood Racecourse’s new sponsor The General Manager of Goodwood Racecourse Alex Eade commented on the agreement, saying that it was a great thing Grosvenorsport was welcomed as a sponsor of the Celebration Mile. He also projected that the competition was set to be a stellar renewal in 2017. Mr. Eade also described the Grosvenor Sport Celebration Mile as a major contest not only for Goodwood,…

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