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A recent study has revealed that British residents facing financial difficulties seem to be increasingly turning to gambling in an effort to find a quick solution to their problems, as wealth levels fall to their lowest rates ever. According to reports, the LifeSearch Health, Wealth and Happiness Index that is compiled every year by CEBR (Centre for Economics and Business Research) suffered an 11% decline in the last 12 months alone, to lows that have not been observed since the height of the Covid-19 pandemic. This time, the wealth index…

Prime Minister Anthony Albanese has described the increasing number of gambling adverts during live sports events and sports broadcasts as “annoying”. At the same time, the leader of the Opposition, Peter Dutton, has been urging Australian lawmakers to suspend gambling adverts aired during match coverage. The beginning of the week saw Mr Albanese face some questions regarding gambling advertising and the issues associated with it. At the time, he revealed that a review into online gambling is currently underway but refused to provide further details on questions regarding a potential…

Although it has been among the most heavily regulated sectors not only in the UK but also on a global scale, the country’s gambling laws have proven that they were unsuitable to regulate the sector that has profited from addiction for years. The Government has promised to make multiple revolutionary changes to clean up the industry but some anti-gambling campaigners have shared their concerns that would be easier said than done because some politicians have been the ones who have been working in favour of the gambling sector for a…

A person who was suspended from all sports betting operators in the UK for participating in a betting slip scam and later wrote a book on how he succeeded in doing so, revealed that he has lost about £4 million on feeding his expensive gambling addiction. Conman Jason Haddigan, who once tricked British bookmakers into giving him money and later wrote the book “How and Why I Conned the Bookies”, has confirmed he was a problem gambler. As part of the aforementioned scheme that he even described as “going to…

A package of legislative measures aimed at curbing the political influence of poker-machine clubs and pubs in the state of New South Wales (NSW) by suspending such venues from making political donations is being officially introduced to the state parliament today. If the proposed drafts receive local lawmakers’ approval, the electoral funding act would be altered in a way that would outlaw political donations made by local gambling venues, such as registered clubs and pubs offering controversial poker machines (also known as pokies), or entitled that are involved in any…

The Intellectual Property Office of Australia (IP Australia) released its annual report focused on the changing trends in patent applications across the country. When the number of submitted patents is taken into account, it seems that gambling and alcohol companies were the most significant innovators in Australia, with these giants practically dominating other private businesses and research institutions in the country. According to IP Australia, the results of the aforementioned report likely reflected the importance of the two aforementioned industries for the domestic market and demonstrated how operators protected their…

Last season, more than thirty football players, including a number of star athletes, were forced to undergo rehabilitation as part of an effort to fight their compulsive gambling behaviour. According to reports, problem gambling is known as the primary behavioural disorder faced by British football stars, followed by alcohol and drugs. Anti-gambling campaigners have called the competent regulators and authorities to make sure they raise awareness of gambling-related harm, helping affected individuals across the country deal with the social stigma that is often associated with problem gambling and seek professional…

The UK Government has recently announced the results of its year-long review of the country’s gambling laws as part of its planned significant reforms of the sector’s regulation aimed at ensuring more effective rules to protect the most vulnerable members of society. As revealed at the time when the long-expected White Paper on gambling, called “High stakes: gambling reform for the digital age”, was finally published, the largest-ever overhaul of the UK gambling regulation will also include a review of the fees for gambling premises licences that local authorities could…

Australia’s planned ban on the use of credit cards for gambling transactions can create a ripple effect that would negatively impact the local video gaming industry, a recent investigation by the video game website Kotaku suggests. The country’s government is looking to introduce amendments to the local legislation that aim to align the rules for remote wagering with those for the landbased gambling industry, which already restricts the use of credit cards for betting purposes. Communications Minister Michelle Rowland and Social Services Minister Amanda Rishworth recently commented on the move,…

Shipley Member of Parliament Philip Davies urged the British Secretary of State for Culture, Media, and Sport to include changes in the white paper on gambling that would allow brick-and-mortar casinos to extend credit to their patrons. As it came to light, the Tory politician lobbied with the newly appointed culture minister Lucy Frazer on behalf of Mayfair’s Les Ambassadeurs Club after being hosted by the luxurious casino in late January. In February, the Shipley MP wrote a letter to Frazer calling for the changes, and the measure was subsequently…