Company Reports

The Australian media and casino billionaire James Packer has resigned from his private investment company Consolidated Press Holdings, as the mogul continues to battle his mental health issues. The company, which is engaged in the investment activities on the territory of Australia, has long been in Mr. Packer’s family and holds his 47% shareholding interest in Crown Resorts estimated to AU$4.4 billion, as well as his private investments. It seems that Mr. Packer officially resigned from the CPH Board on June 27th, according to a notice lodged with the Australian…

Clara Govier, the managing director of the People’s Postcode Lottery who took over the position in May, shared that she is to try taking the non-profit organisation to the next level. Ms. Govier seems to be very passionate about the charity and its success and praised the growth achieved, saying that she would do her best in order to make People’s Postcode Lottery even more successful. Speaking of its success, she highlighted the fact that the Lottery actually represents a business which is run under certain restrictions of local gambling…

The British online gambling giant bet365 is to expand the technology team at its Manchester base from 200 to 300 people. The company revealed that it is to make the new investment to grow its tech team by adding new positions for graduates from the University of Manchester and to infrastructure jobs. After the expansion, the tech team is to occupy the fifth floor at the gambling operator’s base at Spring Gardens-located Zenith building. Bet365’s boss of Systems Development in Manchester, Warren Hughes, explained that the city is considered a…

Australian anti-gambling campaigners claimed that players at Crown Casino who have previously become members of a system set to limit their losses are being allowed to take advantage of unrestricted features on pokies which ridiculed the measure aimed at minimisation of gambling-related harm. Supporters of the casino have urged the Victorian Government to especially allow Crown Casino to operate poker machines without setting a minimum spin rate. For the time being, the state has imposed a minimum spin rate of 2.14 seconds between bets on all other pokies there. To…

Problem Gambling Ireland’s Chief Executive Officer Barry Grant has said that problem gamblers are actually attracted by illegal casinos which openly operate in Dublin because these venues had no obligation to protect gambling addicts. As revealed by the head of the addiction service, a lot of players who were helped by the charity organisation got addicted to casino-style games. One of them, who preferred to remain unnamed, has explained that he had become hooked on betting illegal casino venues and lost an amount of approximately €120,000 in one night only…

A new anti-gambling campaign group has called for the UK Government to force local gambling operator to pay 1% of their profits in order to contribute to authorities’ efforts to tackle problem gambling addiction. The group, called Gambling With Lives, includes some parents whose children were driven to suicide after getting desperate over their gambling debts. The group’s members have demanded from the competent authorities to roll out a new levy that could help them fund better problem gambling prevention and treatment services and support for gambling addicts’ families. According…

The online gambling operator 32Red joined the ranks of the companies which have suffered a penalty imposed by the UK gambling regulatory body. The operator has faced a £2-million monetary fine for its failures to protect a consumer from gambling-related harm and also for alleged money-laundering failures. The UK Gambling Commission (UKGC) has already imposed fines on other operations such as 888 UK Limited, Stan James Online, Gala Interactive, Broadway Gaming, William Hill, SkyBet, Tabcorp and LeoVegas for various breaches of their licenses, as well as for social responsibility, money…

Coral Interactive Ltd faced the Advertising Standards Authority (ASA) backlash for advertising some games which could be found particularly attractive by children. A complaint has been filed against the brand’s gambling website www.coral.co.uk, because three games which could be appealing to minors were promoted on February 20th, 2018. The first game, called “Rainbow Riches” showed an animated image of a rainbow, a bot of gold and a leprechaun. Another game, “Fishin’ Frenzy” which depicted an animated image of fish swimming in the ocean was also promoted at the time, along…

Australia’s most famous and longest-established market research company, Roy Morgan, released some information today regarding online gambling in the country. According to the data provided by the research firm, an increasing number of local citizens use mobile devices to place a bet, despite the fact that fewer people are actually gambling recently. Roy Morgan market research firm revealed that a total of 3.4 million Australian people placed a bet on a sporting event, horse or greyhound racing, harness racing or other events in the 12 months to March 2018. In…

The Chairman and Chief Executive Officer of Melco Resorts & Entertainment Lawrence Ho has reiterated his interest in entering the upcoming bidding war for one of the three casino licenses which the Japanese Government would grant to operators. Speaking to media ahead of the official opening of Melco Resort’s Morpheus hotel tower, Mr. Ho confirmed that he was willing to make an investment of over $10 billion into the establishment of an integrated casino resort in Japan. The casino and gambling mogul explained that his company has invested more than…