Big companies love breaking records, but Entain probably won’t be so thrilled about this one. We are calling it a fine, although technically it isn’t one, since the figure was agreed on after discussions between the UKGC and Entain rather than being dictated to them – but for all intents and purposes it amounts to…
It’s all relative isn’t it, so while the figure might not seem significant next to the £9.4 million smack round the chops that 888 received back in March, for a smaller company it’s going to hurt. Especially coming now, just after the pandemic decimated the sports betting industry, leaving Smarkets with a loss of over…
We all know that the objective when making a bet is to win. The hope is that we find a market offering good enough value to balance the risk/reward ratio and make the bet worth placing, and that the bet is then successful. However, according to some recent research by the UKGC, it is also…
Well known gambling firm 888 have this week received the 3rd ever largest fine in UKGC history. At £9.4 million you know this is for serious breaches in license conditions, and the regulating body have even warned they may re-consider whether 888 are fit to trade in the UK. In other words, they are threatening…
There’s a white paper on the gambling industry due out soon, and its’ purpose is to update the 2005 Gambling Act to make it more fit for the modern day industry, as well as to strike a balance between better protecting the vulnerable and over regulating an already tightly governed industry. The Betting and Gaming…
Finally some good news on the topic of gambling addiction – problem gambling figures have dropped significantly over the last 12 months or so. This is welcome news indeed after a seemingly never ending stream of news calling out the gambling ‘pandemic’. The quarterly survey was conducted by Yonder Consulting on behalf of the UKGC,…
