Flutter Entertainment has notified that fewer than 200 staff have been made redundant, having completed the restructuring exercise of its UK and Ireland unit. This summer, the FTSE100 gambling group informed investors that it would review its operating structure required to service its home market portfolio of Paddy Power, Betfair and Sky Bet brands. Authorised by group leadership, the restructure …
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GamCare accredits flagship Flutter brands with ‘top level’ standard
Flutter Entertainment has secured GamCare’s Advanced Safer Gambling Standard for three of its primary betting and gaming brands. The Paddy Power, Sky Betting and Gaming and Betfair ‘online focused’ sportsbook and casino operators, oriented towards the UK and Irish markets, received the accreditation following an assessment. Specifically, the gambling treatment charity and industry standards organisation granted Flutter the Gold Advanced …
Read More »EFL told to ‘voluntarily end’ its Sky Bet relationship
The English Football League (EFL) faces mounting political pressure to end its title sponsorship with Sky Bet. This weekend, the Daily Telegraph reported that EFL Chairman Rick Parry was issued a letter signed by cross-party-peers calling for the EFL to end its relationship with Sky Bet as principal sponsor of the Championship, League One and League Two. The letter cited …
Read More »UKGC penalty crusade continues as SpreadEx hit with £1.36m
SpreadEx has been hit with a £1.36m penalty, in the latest in a series of regulatory enforcement actions by the UK Gambling Commission (UKGC). The regulator cited social responsibility and anti-money laundering shortcomings as the reasons behind the financial penalty, the same factors behind a number of charges against other operators. Just last week, FTSE100 giant Entain was charged £17m …
Read More »Entain defends post-2020 social responsibility record against UKGC penalty
Having been charged £17m for social responsibility and anti-money laundering shortcomings dating back to 2020, Entain has outlined its efforts in this area and approach moving forward. Split between the group’s LC International Limited web business and Ladbrokes Betting & Gaming Ltd retail operation – charged £14m and £3m respectively – the Commission’s penalty has been accompanied by additional licence …
Read More »YouGov study shows impact of offers and reminders on bettor engagement
The effectiveness of gambling advertising was put to the test by YouGov this week, as the data analytics firm published the results of an investigation into Champions League betting experiences. Results from the study, conducted before and after the 2022 UEFA Champions League Final, found that offers and reminders ‘influenced the majority of bettors’, with 54% stating that these promotions ‘helped …
Read More »Smarkets ‘fully accepts’ £630k Gambling Commission penalty
The UK Gambling Commission (UKGC) has handed out its latest penalty for social responsibility and anti-money laundering breaches, charging online operator Smarkets. A penalty of £630,000 was dealt to the Malta-based firm, which operates the SBK sportsbook, for failing to carry out ‘adequate’ source of funds checks as well as identifying or interacting with at-risk customers. Of significance to the …
Read More »AiDP: Gambling requires greater inclusivity to match new generation of workforce challenges
This summer’s publishing of the long-awaited ‘All-Index 2020/2021 Report’ by diversity, inclusion and equality non-profit All-in Diversity Project (AiDP) has provided a candid reflection on global gambling’s workforce make-up. Whilst the 2020/2021 Index showcased improvements in female leadership representation, gambling firms were reported to lag in developing inclusivity practices. Following up on research insights, AiDP founding partners Kelly Kehn and Christina …
Read More »Checkd Group pursues UK expansion as Will Tyrrell becomes Media Director
Will Tyrrell has been promoted to Director of UK Media at Checkd Group, as the Manchester-based igaming business eyes up growth in its domestic market. Specific aspects of his new role will involve facilitation of ‘innovative partnerships’ with both operators and media organisations in pursuit of UK expansion. Having joined Checked Group in 2017 after his Oddschanger online betting hub …
Read More »Sky Bet’s Steven Monaghan calls time as Sports MD
Steven Monaghan has announced his resignation as Managing Director of Sports Betting for Sky Betting & Gaming (Sky Bet). The long-term executive of Sky Bet revealed via a LinkedIn post that he had departed the company last Friday, ending an 11 and half-year tenure with Flutter Entertainment sportsbook. “If someone had told me 11 1/2 years ago when I first …
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