Sports prediction games developer Network Gaming has received funding of £1.25 million from a raft of investors, including some major names in the betting and igaming industry. Participants in the funding round include Betfair Co-Founder Andrew Black, Colossus Bets CEO David O’Reilly and TX Odds CEO Einar Knobel. Additional investors include Sandford Loudon, a partner at financial consultancy firm Oakside …
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Lord Goldsmith QC to head up new commission on ‘crime and problem gambling’
UK prison reform charity, the ‘Howard League for Penal Reform’ has launched a new commission investigating links between problem gambling and criminal behaviours. The Howard League has disclosed that the first meeting of its ‘Commission on Crime & Problem Gambling’ took place in London on 20 June, kick-starting a three-year research project led by Attorney General Lord Peter Goldsmith QC …
Read More »Gambling industry tycoons feature in Sunday Times Rich List
Billionaire brothers David and Simon Rueben co-owners of Arena Racing UK, have featured as the highest placed Brits in the 2015 Sunday Times Rich List. The Sunday newspaper estimates the brothers to be worth a combined £9.7 billion. The Rueben brothers are reported to have earned an additional £700 million in 2014, through diverse investments in property, digital services and …
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