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Shares in betting firms plunge over suggested £2 cap in online casinos

Shares in gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum allowable stake on online casino games to £2.

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UK Gambling

2/27/2020

article Gambling Commission 'is being outgunned' by betting companies
(UK) -- The Gambling Commission is outpaced and outgunned by betting companies, according to a government report warning that the watchdog is struggling to protect...

2/25/2020

article Gambling in football: Call on Prime Minister to ban betting sponsorship
(UK) -- Campaigners will deliver a letter to the prime minister on Wednesday calling for an end to gambling sponsorship in football. Gambling with Lives and The Big Step...

2/24/2020

article TROUBLE FOR PUNTERS: Brexit Could Cut Britain’s iGaming Options
(UK) -- BRITAIN waited a long three-and-a-half years from the Brexit vote to actually come to fruition, with the Leave Means Leave celebration part at Parliament Square...
article ‘Most gambling ads are disposable’: Why Ladbrokes and Coral are relaunching their brands
(UK) -- Bookmakers Ladbrokes and Coral are relaunching with new and more upmarket brand positionings and propositions in a bid to get ahead in a competitive sector.

2/23/2020

article Gambling charity ‘censors’ addicts in chatrooms
(UK) -- Britain’s leading gambling charity, which is funded by the industry, has censored addicts on its forums who lobby against the predatory behaviour of...
article Gambling is probably the toughest addiction of them all - and yet it remains virtually unregulated
(Ireland) -- Whenever they start talking about the 'housing issue', I start thinking about the 'gambling issue'. Housing is difficult, with many vested...

2/19/2020

article Alderney gambling company suspended from operating in the UK after review
(UK) -- Online betting company, TripleBet has had it's license suspended by the UK Gambling Commission. The firm, which is registered in Alderney, is not allowed to...

2/18/2020

article Gambling laws 'could have saved our son's life'
(UK) -- The parents of a County Fermanagh man who took his own life as a result of a gambling addiction say his life could have been saved if laws were stricter. Peter...

2/17/2020

article Gambling Commission 'temporarily suspends' licence of betting exchange Matchbook
(UK) -- The Gambling Commission has "temporarily" suspended the licence of betting exchange Matchbook but the reason for the move is unclear.

2/16/2020

article Everton to drop lucrative deal with gambling giant two years early
(UK) -- Everton are to end their sponsorship by the Kenyan gambling giant SportPesa at the end of this season, two years early, the club has announced. The lucrative...

2/14/2020

article House of Lords Questions UK Gambling Commission
(UK) -- A House of Lords select committee has questioned the members of the UK Gambling Commission (UKGC) during a hearing researching “the social and economic...

2/13/2020

article Shares in betting firms plunge over suggested £2 cap in online casinos
(UK) -- Shares in gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum...

2/10/2020

article Dave Allen reacts as Gambling Commission launch betting investigation
(UK) -- If you use this content, you legally agree to credit World Boxing News and backlink to our story Dave Allen reacts as Gambling Commission launch betting...

2/9/2020

article UK gambling market comes under siege
(UK) -- When the little-known betting website, Royal Panda, was snapped up by the Swedish group LeoVegas in 2017, it was supposed to be a gateway to the booming UK...

2/8/2020

article Gambling firm owned by one of Czech Republic's richest men is preparing a bid to run National Lottery
(UK) -- A gambling firm owned by one of the Czech Republic's richest men is preparing a bid to run the National Lottery – and the company claims it could do a...

2/4/2020

article Mr Green instructs UK affiliates to cease casino advertising immediately
(UK) -- Mr Green has instructed its UK-facing affiliate partners to halt all casino marketing activity with immediate effect. The William Hill-owned brand issued an...
article Whistleblower Claims Rainbow Casino Infested With Mice
(UK) -- Rainbow Casino in the English city of Bristol is reportedly infested with mice. A former employee of the city center venue has spoken exclusively to Bristol Live...

2/3/2020

article MPs want total ban on TV gambling adverts to stop epidemic destroying lives
(UK) -- MPs want a total ban on TV gambling adverts. They say bookies’ voluntary acceptance of a ban during live sports and pre-9pm is not enough.
article We can't turn a blind eye to the gambling epidemic any longer
(UK) -- When you consider the gambling industry’s omnipresence today, it is difficult to believe betting shops weren’t even legal in the UK until 1961.
article Tony Adams: Former Arsenal captain calls for football to cut ties with gambling companies
(UK) -- Former England and Arsenal captain Tony Adams says football needs to cut its ties with gambling companies. Adams' charity Sporting Chance, which supports...

2/2/2020

article Gambling Act review: TV and online betting crackdown on the cards
(UK) -- Campaigners who succeeded in getting the maximum stake on fixed odds betting terminals slashed to £2 last year now want the same limit for TV and online...
article UK amusement suppliers prepare for new £20 banknote
(UK) -- In 2016, the new £5 notes came into service with the larger denomination the following year and were dubbed “more durable” than the paper...

2/1/2020

article Magnificent seven for Honeysuckle as unbeaten mare lands Irish Champion
(UK) -- Honeysuckle stretched her unbeaten run to seven when landing the PCI Irish Champion Hurdle at Leopardstown on Saturday, but had to be game to deny Darver Star an...

1/26/2020

article DCMS to judge whether football needs to blackout betting
(UK) -- Nigel Adams, the UK Minister for Sports and Digital (DCMS), has stated that ‘football’s link with betting’ will form a key part of the...
article bet365 gambling tycoon Denise Coates named UK top taxpayer with £276 million bill
(UK) -- Gambling tycoon Denise Coates has been named the country's largest taxpayer - after landing an estimated £276 million bill. The founder and joint chief...
article The BBC hate everything about racing. I should know – they sacked me too
(UK) -- For those of you who have enjoyed listening to the gravelly, rich tones of Cornelius Lysaght on BBC radio over the past three decades, as you may have seen in...

1/24/2020

article Gambling watchdog under fire over betting firms' role in addiction taskforce
(UK) -- The gambling regulator has denied allowing betting firms to “mark their own homework”, after it asked companies behind a string of high-profile...
article Sports Minister Nigel Adams says football is 'too dependent' on gambling
(UK) -- Football has "far too much dependency" on sponsorship from gambling companies, according to the sports minister. Nigel Adams MP says clubs "need...

1/22/2020

article Gambling tycoons getting rich on misery of others is a sign of the times – Kenny MacAskill
(UK) -- Gambling has been normalised as governments have failed to respond to the dangers on betting online, writes Kenny MacAskill. The curse of gambling has struck...
article ‘I was living a secret life’: the agonising rise of female gamblers
(UK) -- Nancy gambled away the £3,000 her father had saved up for his own funeral. It’s the thing she feels most ashamed of having done during her four-year...

1/21/2020

article Britain’s betting industry is out of control. A new gambling act must curb it
(UK) -- Not a day goes by without another horror story about gambling. A familiar theme now dominates the front pages: for too long, the betting industry has encouraged...

1/20/2020

article UK gambling ops refute claims of underage database access
(UK) -- The UK gambling industry is pushing back against hyperbolic media articles implying that online operators are using government data to target underage gamblers.

1/17/2020

article Bishop seeks law change to recognise role of gambling in suicide
(UK) -- The Bishop of St Albans is seeking a change to the law on inquests so that gambling addiction is noted as a factor if someone has taken their own life. Dr Alan...
article Operators remove slot feature after Gambling Commission warning
(UK) -- Six online gambling operators offering buy-in options on their slot games have now removed the features from their sites, after being contacted by the Gambling...

1/16/2020

article Betfred betting tycoons 'are making a fortune' from gambling addiction services paid for by taxpayers
(UK) -- The billionaire owners of BetFred are making millions from gambling addiction services paid for by taxpayers. Brothers Fred and Peter Done also own a company...
article Who are Fred and Peter Done, the brothers behind Betfred bookmakers?
(UK) -- The billionaire brothers have come a long way from their humble upbringing in Manchester. They grew up in what Peter Done has described as the “slums of...
article You won’t be able to use your credit card to gamble from April - here’s why
(UK) -- UK residents will be banned from using credit cards to gamble following an announcement from The Gambling Commission. The ban has been created in an effort to...

1/15/2020

article NHS should not have to pick up pieces from bookmakers' tactics, says health chief
(UK) -- The health service should not be left to pick up the pieces from gambling firms’ tactics to retain customers with addiction issues, the NHS’s mental...
article NHS tells betting firms to stop 'vicious gambling cycle'
(UK) -- The head of mental health services in England has written to five major gambling companies, demanding urgent action on tackling gambling addiction and its impact...
article First look inside Pier Nine - the new Brighton seafront casino
(UK) -- A casino has unveiled a new entertainment hub after transforming a former Art Deco cinema. The Grosvenor Casino in Grand Junction Road, Brighton, has been turned...

1/14/2020

article Betting with credit cards to be banned from April
(UK) -- A ban on using credit cards to place bets will come into force in mid-April as part of a crackdown by the industry regulator to protect vulnerable gamblers. The...
article Bookies William Hill, Flutter and GVC see shares fall after gambling watchdog announces ban on betting with credit cards
(UK) -- Shares in betting firms fell this morning after the Gambling Commission announced a virtual ban on gambling with credit cards. William Hill, Paddy Power owner...
article Britain bans betting on credit cards to fight gambling addiction
(UK) -- Britons will no longer be able to use credit cards to place bets under the latest move by the government to tackle problem gambling, hurting the owner of...
article Credit card gambling: 'It'll take me 10 years to pay off my debt'
(UK) -- Years of debt. No money to take a holiday. Mental health problems. These are just some of the issues affecting people who've gambled online using their...
article FA's controversial 'bet-to-view' deal under investigation by Gambling Commission
(UK) -- The Football Association’s controversial deal to allow betting firms to screen FA Cup matches on a so-called “bet-to-view” basis is being...

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