Genting hit with another punto banco scandal; London casino in court

Genting has been hit with another Punto Banco scandal
16/08/2017
  • William Hill sees online sports betting increase by 13% in a year

    William Hill sees online sports betting increase by 13% in a year

    Increased online revenues and dividend push bookmaker’s share prices up, even as profits fall due to string of wins for football teams. Bookmaker William Hill has reported a big increase in online sports betting in the UK over the past six months, despite feeling the absence of a major international football...
  • Queensland government rejects $3bn plan

    Gold Coast casino: Queensland government rejects $3bn plan

    The Queensland government has rejected plans to build a $3bn casino on the Gold Coast’s Southport Spit. The premier, Annastacia Palaszczuk, says community desire to preserve the parkland site for future generations and transport issues associated with the development had driven the Labor government to reject the plan. “This is a unique...
  • SJM Holdings revenue, earnings and profit all down in H1

    SJM Holdings revenue, earnings and profit all down in H1

    Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year-on-year to HKD 20.4b ($2.6b) in the six months ending June 30, while adjusted earnings fell 7.7% to...
  • Portugal online gambling market suffers first revenue decline

    Portugal online gambling market suffers first revenue decline

    Portugal’s regulated online gambling market took a step backward in Q2 as locally licensed operators struggled to find new customers. The Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) regulatory body released its Q2 and H1 2017 online gambling figures on Tuesday, which showed the market’s seven...
  • Compliance Briefing - London to guide gaming industry to regulatory compliance

    Compliance Briefing: London to guide gaming industry to regulatory compliance

    The latest Compliance Briefing event, hosted by iGaming Academy, is coming to London on October 12th 2017. This one day event is designed to educate the online betting and gaming industry on significant regulatory changes upcoming 2017-18 that will impact their businesses. The event will be a deep-dive into...
  • Sarah Harrison the punters’ champion at the Gambling Commission

    Sarah Harrison the punters’ champion at the Gambling Commission

    ‘We want people to enjoy gambling but we want them to do it safely, we want them to be treated fairly,’ says the chief executive. ‘Far more willing to show her teeth than her predecessors were” is the first thing a betting industry source says when asked to assess...
  • Fixed-odds betting terminal review delayed until autumn

    Fixed-odds betting terminal review delayed until autumn

    A long-awaited review of fixed-odds betting terminals (FOBTs) has been delayed until the autumn, following a rift between the Treasury and the government department responsible for the gambling industry over regulation of the controversial machines. The government’s decision has been further complicated by the fact that MPs in the Democratic Unionist...
  • Bet365 faces legal action over delay in paying winning punter £54,000

    Bet365 faces legal action over delay in paying winning punter £54,000

    Bet365, one of the internet’s biggest bookmakers, is facing legal action from a customer over its failure to transfer a £54,000 balance to her bank account despite repeated requests over a period of months. While refusing to release the backer’s winnings on a series of horse racing bets, Bet365...
  • Ladbrokes could face inquiry after betting addicts' details found in bin bag

    Ladbrokes could face inquiry after betting addicts’ details found in bin bag

    Ladbrokes could face an investigation from the gambling regulator over an incident in which confidential information about betting addicts, including photos, names and addresses, was found in a bin bag on the street. The Gambling Commission said it was looking into the bookmaker’s compliance with data protection laws after a passer-by found...
  • To my wife and family, I apologise - how I lost £130,000 spread betting

    To my wife and family, I apologise: how I lost £130,000 spread betting

    Sitting on the toilet, Chris Stringman stared intently at the rows of flashing numbers on the computer screen in front of him. It was 6.30pm. Downstairs, his partner, Claudia, was cooking dinner after a long day at the primary school where they both worked as teachers. Now Chris had...
  • Online gambling firms face clampdown after watchdog's probe

    Online gambling firms face clampdown after watchdog’s probe

    The online gambling industry is facing a clampdown after the UK competition watchdog accused companies of unfairly treating customers and potentially breaking consumer law. The Competition and Markets Authority (CMA) said people were not getting the deal they expected from sign-up promotions and operators were unfairly holding on to customers’ money....
  • FA announces end to all sponsorship deals with betting companies

    FA announces end to all sponsorship deals with betting companies

    Decision comes after three-month review into betting sponsorship. FA’s current partnership with Ladbrokes to be terminated this month. The Football Association will no longer have a betting partner after terminating a contract with Ladbrokes worth around £4m a year following a string of high-profile gambling controversies in the sport....
  • The rise of eSports - are addiction and corruption the price of its success

    The rise of eSports: are addiction and corruption the price of its success?

    If you had been away from the planet for the past quarter of a century, one of the few things you might find comfortingly familiar on your return is the world of sport. While the digital revolution has transformed the way we shop, chat, date, do politics and consume...
  • Chinese fixing syndicate and a real new threat to football as UEFA send report to Athlone Town

    Chinese fixing syndicate and a real new threat to football as UEFA send report to Athlone Town

    Fears are growing that Chinese criminals have taken match-fixing to new levels  It is understood a stake in Athlone has been sold to a party funded by a Beijing-based fixing syndicate  A confidential UEFA report was sent to Athlone on Friday about their 3-1 defeat by Longford Town last...
  • FA 'considering' relationship with gambling and alcohol firms - Greg Clarke

    FA ‘considering’ relationship with gambling and alcohol firms – Greg Clarke

    The Football Association is “considering” its relationship with gambling firms and alcohol companies, says the governing body’s chairman. Greg Clarke has ordered a report into whether it is appropriate to have official partnerships with gambling and betting. “The sport has a duty to consider and ask itself what is...
  • Gambling in football - 'I've had to bail out players' - Morton manager Jim Duffy

    Gambling in football: ‘I’ve had to bail out players’ – Morton manager Jim Duffy

    Jim Duffy says he has had to bail out players many times during his football management career following financial problems caused by gambling. The Greenock Morton boss has previously been in charge of Falkirk, Dundee, Hibernian, Brechin City and Clyde, plus a spell as Norwich City caretaker. Duffy has...
  • Gambling - Fans group urges Scottish football review of gambling links

    Gambling: Fans group urges Scottish football review of gambling links

    Scottish football’s relationship with the gambling industry should be reviewed, according to a fans’ group. It comes in the wake of Burnley midfielder Joey Barton’s ban from football for 18 months after admitting a betting charge. The Scottish Football Supporters Association says the sport may need to “adjust its...
  • Matthew Etherington - Gambling companies prey on 'vulnerable'

    Matthew Etherington: Gambling companies prey on ‘vulnerable’

    Gambling companies should refuse to take bets from “vulnerable” footballers because they are easy targets, says ex-Stoke winger Matthew Etherington. The 35-year-old lost £1.5m at the height of his gambling addiction. He sympathises with Burnley midfielder Joey Barton, who admitted suffering from the problem on Wednesday after being banned...
  • Sports betting ads to be banned ‘siren to siren’

    Sports betting ads to be banned ‘siren to siren’

    The federal government is poised to introduce new laws to ban gamb­ling advertising during live sporting events as early as next week — but the imminent move has prompted angry opposition from sporting bodies, which say the move will dramatically reduce funds for grassroots sport. The Australian understands that...
  • PokerStars’ New Loyalty Program with “Randomized” Rewards to Roll Out This Summer

    PokerStars’ New Loyalty Program with “Randomized” Rewards to Roll Out This Summer

    The long-awaited revamp of PokerStars’ VIP rewards program will start rolling out in June, the company has announced. The system will replace the current decade-old “volume-driven” loyalty program with a personalized system of awarding random prizes. In a corporate blog post, Severin Rasset, PokerStars’ Director of Poker Innovation and...
  • State-regulated online gambling ban may be reintroduced

    State-regulated online gambling ban may be reintroduced

    Jeff Sessions, the US Attorney General is reportedly considering the reintroduction of a federal ban on all state-regulated online gambling in the US.   Reports in the Huffington Post say that Sessions could consider reintroducing the ban despite a lack of public support and strong opposition from the National...
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