The Gambling Commission has faced a lot of criticism over the last few years, with many people questioning their effectiveness and their ability to regulate the industry. This has not necessarily been about incompetence; it is widely recognised that the UKGC is under funded and under staffed for what is expected of it. Yet despite…
How would you feel about someone putting a cap on the amount you are allowed to gamble each month? Well that is exactly what cross party think tank, The Social Market Foundation (SMF), is suggesting. The idea is that it would further improve protective regulation, but it also comes with its problems. The suggested rule change…
A letter from the tax man isn’t often a welcome sight, but for high street favourite William Hill it couldn’t be better news. The same can be said for sports betting and gaming group GVC Holdings, who own Ladbrokes and Coral. They are expected to claw back £350 million between them in overpaid VAT. It…
One of the biggest gambling groups in the industry, GVC Holdings, has said that revenue from online operations is up 18% on the previous year, taking the sting out of the loss of income from FOBT’s. GVC own Ladbrokes Coral so they know only too well the effects of the changes in regulations concerning the…
Criticism of bookmakers has been high in the wake of a spike in gambling addiction in the UK, and the FOBT saga has done nothing make it go away. Now, the top 5 firms in the industry have bowed to the pressure and agreed to up their annual voluntary contributions from 0.1% of profits to…
