Clifton Davies co-founder David Clifton has a look at the increasing regulatory scrutiny on the gambling industry and warns there may be more to come.  My “Licensing Expert” article last month posed the question whether a regulatory crackdown on gambling advertising was around the corner. We now know at least part of the answer. The Department for Culture Media & …

The Gambling Commission has again warned the industry that it needs to ‘accelerate the pace’ at which they are putting consumers at the heart of business decisions. Commission chief executive Sarah Harrison made the point during a speech to operators at the Commission’s first Raising Standards Conference in Birmingham, where the industry was challenged to become the most trusted gambling …

Martin Wachter, CEO of virtual sports supplier Golden Race, comments on how the firm harnesses innovation and its importance for driving the betting industry forward “Innovation distinguishes between a leader and a follower.” – Steve Jobs The global betting market is worth $3 trillion, with up to 90% of that generated by illegal gambling, much of it in Asia. A common …

Last week’s Melbourne Cup provided a thrilling finish when Almaddin edged out Heartbreak City at the winning post, but the amount of wagering on the day was not as exciting. According to Australian bookmaker Tabcorp, there was $141.5 million (£87.7m) wagered on the 10-race Melbourne Cup meeting at Flemington across the Tabcorp-owned NSW, Victorian and ACT TABs, which was in …

Paddy Power Betfair’s third-quarter revenue performance for its sportsbook was flattered by the recent decline in the value of the pound but still managed a 15% rise in constant currency terms over the period. Total sports net revenue came in at £316m. Adding in gaming net revenues of £88m, which rose 14% in constant currency terms, and the total net …

Innovative betting industry supplier Golden Race has become the first virtual sports developer to receive a Class 4 licence in Malta. The company received the recognition from the Malta Gaming Authority (MGA) earlier this month after an extensive application process. The award of this licence is the latest development in Golden Race’s push to be the biggest virtual sports provider to …

Bill Beatty, editor in chief of calvinayre.com, takes a look at how the laws are changing in the Philippines, where the new president Rodrigo Duterte has caused a shake-up to how the industry operates.   Philippine gaming regulators are bracing for a new challenge now that they’re planning to assume oversight of the nation’s online gambling industry. The Philippine Amusement and Gaming …

Steve Fisher, founder and chief executive of the independent UK retail bookmaker Stan James, has revealed this week that the firm has adopted the OPTIMA serverless electronic point of sales system (EPOS) and that it has been already installed and live in its entire estate. Fisher, who heads up one of the fastest growing independents in the UK, explained: “The new OPTIMA EPOS software platform …

The Gambling Commission is supporting a Competition and Markets Authority (CMA) investigation into whether gambling operators are treating customers fairly, which has been launched this morning. Working with information supplied by the Commission and others the CMA has contacted a range of gambling operators to demand information about their use of potentially unfair terms and misleading practices. This comes in response …