Gambling giant 888 launches African joint venture as online betting market swells March 29, 2022 Gambling giant 888 makes a major move into the African market, signing an agreement with industry specialists to form 888Africa.
Gambling addiction could be nine times worse than the bookies say March 23, 2022 New research has suggested that gambling addiction rates could be nine times higher than the gambling industry claims.
March 9, 2022 Sky Vegas has been hit with a £1.2m fine by gambling watchdog after it sent free casino "spins" to recovering addicts.
Revenue growth drives 888’s ‘record year’ March 9, 2022 Betting and gaming giant 888 has said 2021 was a “record year” for the company, as revenue surged to $980.1m. In the year ended 31 December, the group’s gross profit went up 15 per cent to $647m, while profit before tax rocketed from $26.7m to $81.3m, bringing with it a 500 per cent increase in [...]
Betfair owner Flutter ties staff bonuses to stamping out gambling addiction as industry gears up for reform February 28, 2022 Betfair and Fanduel owner Flutter Entertainment has said this morning that it will tie 10 per cent of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction. The world’s largest online betting group stated that these targets were part of a package which hoped to get 75 per cent of active online customers [...]
‘A dangerous crossroads’: Gambling industry warns UK against heavy reform as black market swells across Europe February 18, 2022 New data released today has revealed the shocking size of black market gambling across Europe as industry warns the government that it is “at a dangerous crossroads”, urging ministers to “learn lessons from abroad” in its upcoming gambling review. According to research from the Betting and Gaming Council, British punters using unlicensed sites has more [...]
Bookies look Stateside for betting wins February 11, 2022 Sunday night’s Super Bowl will see the Bengals battle the Rams - but the real action might be off the field, writes Leah Montebello
Czech contender Allwyn appoints former Sainsbury’s chief as it hopes for National Lottery licence win February 7, 2022 Europe’s largest lottery operator Allwyn is set to appoint former chief exec of Sainsbury’s, Justin King CBE as its UK Chair as the race to win the Fourth National Lottery Licence Competition nears the finish line.
Delayed again: UK gambling law review pushed back until May February 7, 2022 The government review of gambling laws is now expected to be pushed back until May as internal tension at Whitehall looks to delay the process once again. According to reports from the Guardian, the department for digital, culture, media and sport (DCMS) launched a review of gambling laws in December 2020, which was originally expected [...]
Kindred Group lowers revenue from high-risk players ahead of government white paper February 7, 2022 Kindred Group has lowered the revenue derived from high-risk players in the UK ahead of a government’s white paper on gambling. Data showed that UK revenues from high-risk behaviours fell at a rate of 16 per cent. In the first quarter of 2021, the group’s UK earnings obtained through harmful gambling was at 5.5 per [...]