Payment services provider EML Payments has entered into a multi-year agreement with GVC Holdings. The deal is for the provision of branded reloadable cards for GVC’s online gaming brands. The FTSE250 gambling group’s customers can use the cards to immediately access their winnings and remit funds back into their gaming account. GVC operates in more than 20 regulated jurisdictions and …
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Gala Interactive hit with £2.3m penalty package for social responsibility failures
Gala Interactive is to pay a £2.3m penalty package for breaching regulations which protect consumers, a Gambling Commission investigation has revealed. The action relates to two ‘VIP’ customers, who displayed problem gambling behaviour in wagering £1.3m of stolen money. Customer A lost £837,545 in a 14 month period, during which time he placed 842,020 bets, depositing almost £49,000 on one day …
Read More »Strong omni-channel strategy reaps rewards for Gala Coral in H1 2015
Reporting on its Half Year (H1 2015) operating results, Gala Coral has continued its strong omni-channel performance with group EBITDA earnings up 10% to £135.4 million (£123.2 million). The operator recorded top line metric growth throughout its business channels despite new regulatory impacts in the UK market and poor football results impacting EBITDA margins during Q1 2015. The operator’s strong …
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