Tag Archives: 2005 Gambling Act

888 Holdings is reportedly the winning party of the hotly contested auction for William Hill’s combined UK and European business assets – put up for sale by Caesars Entertainment.  As reported by The Times, Caesars has accepted a +£2 billion buyout offer put forward by 888, out-bidding US private equity fund Apollo Global as the auction’s last remaining suitor.    Coordinated …

Flutter Entertainment has announced the reduction of its net deposit limit for all customers under 25 years old – setting the figure at £500 per month. The group’s new policy will be implemented across its UK and Irish Paddy Power, Betfair and Sky Betting & Gaming brands, as part of a general move to ‘further enhance protections for younger customers …

The Betting and Gaming Council (BGC) has detailed its role in the UK’s post-COVID economic recovery plan, with plans to invest in apprenticeships and training opportunities for young people. Under its plans, the BGC and its members have pledged to launch 5,000 apprenticeships for young people looking to work in the British betting and gaming industry between now and 2025.  …

Brigid Simmonds, Chairman of the Betting and Gaming Council (BGC), has welcomed the appointment of Marcus Boyle as the new Chair of the UK Gambling Commission (UKGC). The hiring of Boyle to oversee the UKGC as the government moves forward with its review of the 2005 Gambling Act – with a white paper on the issue due for release – …

In the ongoing debate surrounding the UK Gambling Commission’s (UKGC) review of the 2005 Gambling Act, the topic of affordability checks has played a central role.  Discussing the issue in GameOn and Ghostfoundry’s inaugural ReportOn, industry stakeholders from a range of companies shared their views, whilst also commenting on other key gambling industry issues. For Allan Auning-Hansen, CEO of CEGO, …

Conservative Party MPs and husband and wife Philip Davies and Esther McVey have been criticized by Liberal Democrats in the latter’s constituency of Tatton, Cheshire, for closeness to the betting and gaming industry. It was revealed by the Daily Mirror this morning that the MPs received £18,000 in free VIP tickets to events from private firms within a two month …

The locality of gambling venues in economically deprived areas of the UK remains a persistent trend, according to a recent report by The Standard Life Foundation. Publishing its ‘The Geography of Gambling in Great Britain’ report, the organisation cited that 21% of gambling premises were based within the most deprived decile of areas of the country. The figure is compared …

Sports betting operators’ VIP schemes have been reportedly targeted by government Ministers, according to the Daily Mail, as a new outcome of the overhaul of the 2005 Gambling Act. Citing government sources, the Mail detailed that the practice has been reportedly described as ‘immoral’ by gambling law reform advocating Ministers, who have argued that VIP schemes encourage problem gambling. Under …

Bookmakers and hospitality businesses are examining whether they are in-line to receive multi-million VAT refunds from the government, in relation to HMRC overruled calculations on FOBTs charges.  This weekend, The Times reported that up to 1,000 UK businesses that operated fruit machines, one-armed bandits and coin-pushers are reviewing whether to claim compensation from HMRC.  The dispute relates to HMRC collecting …

The BBC has reported that 10 MPs from the two largest political parties received tickets to UEFA Euro 2020 Championship, in addition to other prominent sporting tournaments. Overall, eight Conservative Party MPs and two Labour Party MPs were gifted tickets worth between £1,537.60 and £3,457, with the two members of the latter party serving as members of the Shadow Cabinet. …