The UK Gambling Commission (UKGC) is facing pressure to reveal the details of Betway’s ownership, with the Daily Mail claiming the operator’s ownership structure is lacking transparency. Betway has recently come under fire from some anti-gambling campaigners regarding its use of gambling incentives. According to the UKGC, however, UK licence holders are required to provide detailed information to the regulator …
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New academic study details new insights on player deposit limits
The academic journal on ‘Cyberpsychology, Behavior and Social Networking’ has published insights and learnings from a study reviewing ‘the effects of voluntary deposit limit-setting on long-term online gambling expenditure’. The study undertaken by the research team of Michael Auer, Niklas Hopfgartner and Mark D. Griffiths (Nottingham Trent University) evaluates the efficiency of responsible gambling tools in which customers set predetermined …
Read More »Fitzdares to pay out on Liverpool Premier League win
Private bookmaker Fitzdares has vowed to pay out all bets placed on Liverpool winning the Premier League this season, on the condition that the Merseyside team beat both Wolves and West Ham. Fitzdares has said that it will pay out all bets on 1 February, as Liverpool looks to be on track to win its first title since 1990. The …
Read More »Neil McArthur – Industry cannot disconnect from its consumer responsibilities
Neil McArthur, Chief Executive of the UK Gambling Commission (UKGC), has challenged UK betting leadership to improve all-round consumer protections in 2020 or face further regulatory consequences. McArthur addressed an audience of industry leaders and wider stakeholders at yesterday’s ‘CMS Gambling Conference’ in London, in which he underlined the UKGC’s obligation of protecting consumers first and foremost. A stern McArthur opened …
Read More »Ben Keith, Star Sports: racing must be diverse, fun, and welcoming
Over recent years, the UK racing sector has faced a number of difficulties including cuts to funding, concerns over age-verification measures and engagement with a wider audience. Speaking to Ben Keith, Owner of Star Sports, at Betting on Sports he explained that the on-course sector is doing everything it can to prevent under-aged gambling. He said: “I don’t really think …
Read More »Osasuna involved in La Liga match fixing case
Osasuna’s former club secretary, Angel Vizcay, has claimed that the club had made a series of payments to Getafe and Real Betis to influence the outcome of matches during the 2012-2013 and 2013-14 seasons. Vizcay claimed in a provincial court in Pamplona on Tuesday that Getafe had been paid €400,000 in cash to lose to Osasuna in 2013, while also …
Read More »German Länder find consensus on regulating online casino
German news sources have this morning reported that the executives of the 16 autonomous Länder (states) have ‘agreed in principle’ to allow for federal online casino and poker provisions. The Bundesrat press agency has reportedly confirmed that Länder legislators will allow for concessions on online casino and poker licensing, amending existing conditions of the ‘Fourth Interstate Treaty on Gambling’. Since …
Read More »How sports betting operators can attract slot players with TVBET games
Sports betting operators now exist in a world where the player has the freedom to select from hundreds of online options, writes Peter Korpusenko, CEO at TVBET. This choice might be based on the odds attached to betting selections, the layout of the site, proprietary features, or even the IT capacity behind the whole operation. However you look at it, …
Read More »Private bookbuild sees Scout Gaming raise €3.5m capital
Issuing a market filing, Stockholm-listed Scout Gaming AB confirms that it has raised SEK 36 million (€3.5m) in working capital having completed two direct share placements selling approximately 3 million of company shares. Scout governance had been granted rights to sanction the transaction at the Stockholm firm’s AGM on 23 May 2019. The two share placements were directly issued to …
Read More »FSB selects Rob Wheeler as new Business Development Director
Industry platform provider FSB has strengthened its leadership team by confirming that Rob Wheeler has joined the company as its new Business Development Director. The new appointment is hoped to help support FSB’s global expansion, with further senior appointments due to be announced in due course. Commenting on his new role, Wheeler said: “I’m delighted to have joined FSB at …
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