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Problem gambling campaigners have raised a red flag that young men trading cryptocurrency have started to seek professional help for symptoms that are usually associated with gambling addiction and gambling-related harm. Extern Problem Gambling’s project manager, Barry Grant, shared that he had not seen such a problem before the Covid-19 pandemic. However, in his opinion, in the past couple of years, 4 in 5 men had reported that they started losing control over their trading with cryptocurrency. The majority of the affected male cryptocurrency traders are young. Mr Grant believes…

A new landmark study has revealed that approximately 200,000 Australian children under 15 years of age have been affected by their parents’ risky gambling behaviour. The figure includes almost 60,000 children who are exposed to the most severe form of gambling addiction. The survey also suggests that almost 500,000 Australian children are currently exposed to their parents’ gambling at low-risk levels. The study found that 9 out of 10 adults do not take part in any risky gambling. The aforementioned study has been carried out by researchers at the Australian…

Star Entertainment has made a promise to remake its Board of Directors by bringing in new faces as quickly as possible, as the company is trying to navigate its business out from the damaging allegations of an ongoing investigation and the recent resignation of its Chief Executive Officer. In an official statement issued earlier today, the Australian gambling operator revealed that its board had acknowledged that accelerated board change is necessary and would embark on a program of renewal at a faster pace. Last month, an inquiry into Star Entertainment’s…

Labour MP Carolyn Harris, who is currently the chair of the All-Party Parliamentary Group on Gambling-Related Harm, has taken part in a 2-hour discussion on the societal issues brought on by the British gambling industry. During the debate, which took place in the House of Commons, Ms Harris was outspoken in her opinion about what she described as questionable practices used by the local gambling operators. She also noted that the practices in question had not led to a meaningful debate on the possible improvements that could be brought to…

Following the 2021 announcement of Tabcorp about a planned spin-off of its profitable lotteries business, the Australian gambling giant has now revealed that the demerger of its Keno and Lotteries business moved one step closer thanks to the Supreme Court of the state of New South Wales (NSW) that ruled in favour of a shareholder vote on the proposal. Under the NSW Supreme Court’s rulings, Tabcorp is required to organise a shareholder meeting and hold a vote on a proposed scheme of arrangement for the proposed spin-off. The company already…

The digital ID and age verification company 1account revealed that the gambling sector in the UK has “universally welcomed” so-called digital identification aimed at ensuring better protection of gambling addicts and gamblers who are considered at risk. After taking part in a consultation that was especially held by the company, which currently also provides anti-money laundering (AML) and know-your-customer (KYC) services, all of its stakeholders believed that creating a link between the different betting accounts of British gamblers would have a positive impact on their gambling habits. The age verification…

The beginning of the week saw Iain Duncan-Smith, the former leader of the Conservative Party and Work and Pensions Secretary, urge the UK Government to introduce a new Gambling Act that is suitable to meet the challenges of the new digital age. In an interview for GB News, Mr Duncan Smith criticised the local gambling sector for having what he called “abusive behaviour” in pursuit of larger profits, claiming that they had literally used the most vulnerable members of society, including problem gamblers. When criticising the country’s gambling sector, the…

The current operator of the UK National Lottery – Camelot Group – is set to launch a High Court challenge following the decision of the UK gambling regulatory body to choose Allwyn Entertainment Ltd as its preferred candidate for the 4th operating licence of the country’s National Lottery. The current holder of the National Lottery operating permit claims that the UK Gambling Commission (UKGC) broke the law when making the decision to award Allwyn and its owner – Czech billionaire Karel Komarek – with the licence. The Telegraph has revealed…

Irish 14- and 15-year-old students have called for their schools to teach them more about the risks associated with gaming and gambling. Now, the topics associated with gambling-related harm are set to be introduced to a redeveloped course in Social, Personal and Health Education (SPHE) available for students from the junior cycle. Apart from gaming and gambling, and the risks associated with it, young Irish teens are also willing to learn more about vaping, discrimination and racism through the aforementioned SPHE programme that is currently being completed. Sexual consent and…

The National Rugby League (NRL) will allow a controversial proposal under which the players of Melbourne Storm are permitted to invest in an online gambling company owned by the club’s Chairman Matt Tripp and News Corp. The move, which can result in the revelation that Melbourne Storm has started discussions with the NRL salary limit auditor regarding its staff members and players buying shares in the online bookmaker, has triggered the wrath of rival rugby clubs. Matt Tripp has been considered the pioneer of online gambling in Australia, as he…