Final Hurdle Cleared For Ladbrokes Coral GVC Deal

The Competition and Markets Authority (CMA) has given the green light to the Ladbrokes Coral GVC deal after the competitions watchdog said “the deal does not give rise to competition concerns”.
21/03/2018
  • Lessons about risks of gambling piloted in British schools

    Thinktank trials scheme to teach children about problems that can ‘wreak havoc on people’s lives’ Lessons about the risks of gambling have been trialled in secondary schools in an attempt to address high levels of gambling among school-age children. Around 25,000 children in the UK are currently classed as problem gamblers, with one...
  • Addabbo proposal to create task force on responsible gambling approved by Senate committee

    Legislation sponsored by NYS Senator Joseph P. Addabbo, Jr. to combat problem gambling as new casinos continue to open their doors around New York State has been approved by the State Senate Committee on Racing, Gaming and Wagering.  The bill (S.3067) would create an 11-member Task Force on Responsible...
  • Ladbrokes Coral could lose 1,600 jobs after Foxy Bingo takeover

    The takeover of Ladbrokes Coral by GVC, the Isle of Man-based firm behind Foxy Bingo, could trigger up to 1,600 job losses, the companies said, as they published fresh details of a deal worth up to £3.9bn. Online casino company GVC and bookmaker Ladbrokes said up to 6% of their combined 26,800 workforce...
  • No more bets?

    Because I have lived in Sweden for several years, served as Malta’s Ambassador to Sweden for four years, speak Swedish and have worked for a Swedish multinational, I regularly follow Swedish news and economic and legal developments. In the last part of 2017, I was following the proposal for...
  • Italy sets online casino revenue record; PokerStars’ grip slips

    Italy’s regulated online gambling market started 2018 off on the right foot, posting double-digit sports betting gains and setting a new online casino record. Figures compiled by Italian gaming news agency Agimeg show total land-based and online sports betting revenue of €150.5m in January, up 15.5% year-on-year. However, the online portion...
  • Week in Review 2018 – 04.02 – 10.02

    Week in Review … 04.02 – U.S. jobs report; Exxon earnings; Casino panic Casino check: Macau casino stocks tumbled after Bloomberg reported that China could soon allow some forms of gambling in the southern province of Hainan. That might draw gamblers away from Macau, which is currently the only...
  • Scratchcards: harmless flutter or costly addiction?

    The Co-op is taking on the National Lottery with the launch of its own scratchcards, which will give as much as four times more to good causes. The member-owned business says a minimum of 20% from the sale of each of its own-brand cards will go to “local good...
  • Irish Bookmakers call for Independent Regulator

    Irish bookies have called for an independent regulator to be set up to investigate issues of problem gambling in Ireland and are urging for this to be done as soon as reasonably possible. The Irish Bookmakers Association (IBA) are the ones speaking out about the issue; they want the...
  • Cryptocurrencies could be rejected in Australia

    Australian gaming regulators are debating the future of iGaming bets with cryptocurrencies. Australia.- The online gaming industry in Australia could be further regulated with new laws controlling cryptocurrencies. Although the online bookmaker Neds has recently begun its legal operations in the market, the Australian Financial Review, the Northern Territory...
  • Komeito party might vote against IR bill

    Japan’s IR bill could face some headwind as opinions within the Komeito party remain divided and some politicians might vote against it. Japan.- Integrated resorts may be getting close to becoming a reality in Japan as the submission of the IR Implementation Bill draws near. However, division within the...
  • UK limits online gambling bonus offers

    The Competition and Markets Authority has branded online gambling bonus offers as potentially “unfair” and “misleading”. UK.- Online gambling operators have suffered a setback as the Competition and Markets Authority (CMA) announced that some bonus offers’ terms are “likely to be unfair, in breach of consumer protection law, and...
  • Delaware could reduce casino taxes

    US.- Lawmakers in the state of Delaware are ready to study the possibility of reducing state’s taxes on casino revenues as gaming venues are in danger of shuting down their operations due to financial problems. Senate Bill 114, introduced by Sen. Brian Bushweller, would cut the tax on table...
  • Canada approves first live casino

    Canadian iGaming market has been extended with recent license to operate a live casino. Canada.- Gaming authorities in Canada have integrated new modality in order to expand online gaming services. The national government approved this week a gaming license to grant the British Columbia Lottery Corporation (BCLC) a permission...
  • Massachusetts is also planning sports betting law

    US.- Massachusetts authorities have joined the federal debate related to a potential legal sports betting industry. Over 18 states have shown their interest in legalising sports betting operations if the federal government is forced to change current PASPA legislation under a resolution released by the US Supreme Court. After...
  • Belgium’s restrictive new online gambling rules close to reality

    Belgium’s restrictive new online gambling rules appear set to become law as the European Commission’s standstill period comes to a close. Last October, Belgian legislators approved plans to impose significant new curbs on online gambling operators, including a near-total ban on gambling advertising and a virtual prohibition of affiliate marketing activity....
  • Spain clears decks for poker liquidity sharing with France

    Spain and France have taken another step toward shared online poker liquidity following the official publication of Spain’s new regulations. On Monday, Spain’s Official State Gazette published the resolution signed on December 29 by Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ) authorizing online poker liquidity sharing between state-licensed...
  • Cabinet reshuffle could threaten gambling curbs, say campaigners

    Anti-gambling campaigners have voiced fears that new culture secretary, Matt Hancock, will shy away from strict curbs on fixed-odds betting terminals, as it emerged the machines are taking more revenue than ever from British punters. Anti-FOBT campaigners warned that Hancock, who replaced Karen Bradley in this week’s cabinet reshuffle by Theresa May,...
  • Nasal spray aimed at tackling gambling addiction to be trialled in Finland

    Could gambling addiction be treated with a nasal spray? A group of Finnish researchers are launching a study to find out. The fast-working spray contains naloxone, which is commonly used as an emergency treatment for overdoses of opiates such as heroin, opium and morphine. It blocks the production of...
  • Five UK online casinos may lose licence over money-laundering fears

    Five online casino companies could lose their licence to operate, after industry regulator the Gambling Commission warned they were not doing enough to stop criminals using their websites to launder money. The commission has written to 17 online casino companies, flagging up the “serious nature” of its findings on their controls...
  • Macau clamps down on cryptocurrencies

    The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns about money laundering and terrorist financing. In a statement citing an earlier press release the AMCM said that: “Bitcoin is...
  • Labour plans to make betting firms pay levy to treat gambling addiction

    Deputy leader Tom Watson accuses companies of targeting poor communities and vulnerable people Labour will force gambling companies to pay a levy to fund research and NHS treatment to help problem gamblers deal with their addiction. Tom Watson, Labour’s deputy leader, said that if elected the party would “finally confront...
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