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Legal
March 10, 2021
IEA Report Destroys Proposed Regulatory Measures in the UK
The Institute of Economic Affairs (IEA) released a report evaluating proposed regulation in the UK branding affordability caps as a paternalistic measure that would lead to invasion of privacy. Invasion of Privacy The think-tank organization strongly believes that other regulatory measures put forth such as the ban on gambling advertising and sponsorships are unnecessary and […]
Sports
March 10, 2021
Entain and TCF Deliver First 27 Grants to Football Clubs
Global betting and gaming group Entain announced its first grant offers to 27 football clubs in England and Wales under the “Pitching In” program and in partnership with the Trident Leagues. Pitching In Program Delivers Entain and the 3 Trident Leagues, the Isthmian, Northern Premier and Southern Leagues, set up the Trident Community Foundation (TCF) […]
Legal
March 10, 2021
Betway and Betsson Approved for Sports Betting in Germany
Sports betting licensing in Germany is continuing after two more operators received this week’s approvals from the Regional Council of Darmstadt to offer wagering on sports officially, Betway and Betsson. “We are thrilled to announce that Betway have received a sports betting licence from the Regional Council in Darmstadt.” Anthony Werkman, CEO, Betway 8 New […]
Legal
March 10, 2021
More Than 700 Money Laundering Reports Filed in Sweden in 2020
The Swedish regulator has announced that the Financial Police in the country received more than 700 suspected money laundering reports in 2020. Compared to 2019, this represents an increase of nearly 15% in reported suspected money laundering cases. 700 Suspected Money Laundering Reports Filed in 2020 Swedish regulator, Spelinspektionen, has announced the number of suspected […]
Sports
March 10, 2021
888sport Becomes Main Sponsor of Shamrock Rovers FC
Global sports betting and online gaming company 888 and League of Ireland Premier Division Shamrock Rovers Football Club announced today an agreement to make the gambling operator an official sponsor of the football club for the 2021 and 2022 seasons. Brand Presence on Shirt and Stadium Under the terms of the sponsorship agreement, official 888sport […]
Industry
March 10, 2021
BGC Calls for Casinos to Open in Scotland
The Betting and Gaming Council (BGC) in Scotland has asked the government to allow casinos to reopen, citing a report by Dr. Lisa Ackerley stating that there is “no logical or scientific reason” to treat casinos and restaurants differently. BGC Asks the Government for Fair Treatment A report by hygiene expert Dr. Lisa Ackerley has […]
Industry
March 10, 2021
New Report by SMF Claims Regulating Gambling Would Boost Economy
In a new report due to be presented to the UK government today, the Social Market Foundation claims that fewer gambling options could lead to better overall economic impact. SMF Says Regulating Gambling to Boost Economy For months now, stakeholders have cautioned that over-regulating the gambling industry would effectively deprive people of revenue and bite […]
Business
March 9, 2021
Bet-At-Home Proposes Dividend despite Slump in 2020 Business
Sports betting and gaming group bet-at-home.com AG released Monday its full calendar 2020 financial report posting double-digit decrease in gross betting and gaming revenue. 2020 Revenues Decrease The group revealed gross betting and gaming revenue in 2020 amounted to €126.9 million, 11.4% down compared to the €143.3 million the company generated in 2019. The slump […]
Sports
March 8, 2021
Football Index Slashes Dividends, Player Price Tags Collapse
A surprise development over the weekend caused customer discontent at Football Index after the company announced it would be slashing player dividend payouts just days after it placed shares in new players. Announcement Caught Customers by Surprise The licensed by the UK Gambling Commission company announced Friday it was giving 28 days’ with regards to […]
Industry
March 8, 2021
YouGov Results Show over 50% of Gamblers Opposed to Betting Cap
BGC has issued a YouGov survey to determine how UK gamblers feel about the newly proposed betting limit. Out of all participants, more than half oppose the limit, even suggesting that they’ll resort to black-market gambling if too many limits are set on the average gambler. 59% of UK Gamblers Are Against Betting Caps A YouGov poll issued […]