The amount of money spent by the gambling industry on marketing rose to £1.5bn in 2017, according to a study by the gambling charity, GambleAware. The findings come at the same time as a report by the UK Gambling Commission revealed that there had been a significant rise in the level of underage gambling. The GambleAware report showed that betting…
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Irish bookmakers and online gambling operators will be required to take on greater responsibility for the deterrence of money laundering, under new rules introduced by the Irish government. Charlie Flanagan, the Minister for Justice and Equality, announced the new laws, which include a variety of measures targeting money laundering and the financial support of terrorism. Gambling operators will be required…
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A Dubai man who ran an inventive gambling game in the territory has been sentenced to one year in jail, as well as a £21,000 fine and deportation. The defendant was arrested when he was caught running a gambling game on a street in the Frij Murar district in June last year. The inventive game involved the man laying a…
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Swedish gambling company Svenska Spel has announced a partnership with film-making studio Kit, as part of its attempts to raise awareness of match-fixing. The partnership will see Kit produce three educational films on the subject, the first of which will feature interviews with the head of the Swedish police’s crime in sport task force, Frederick Gardare and the Secretary of the Swedish…
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The Irish government appears to have offered a concession in the fight over a proposed doubling of the Irish betting tax, by agreeing to review the effects of the changes. According to reports in the Irish media, Finance Minister Paschal Donohoe has announced that the government will review its changes, following dire warnings from the Irish Bookmakers Association (IBA) that the tax…
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The British Horseracing Authority (BHA) has issued a warning to horse racing punters and others in the horse racing industry to be on their guard against a betting-related scam. The scam came to light after the BHA received reports of individuals posing as BHA-appointed private investigators and attempting to fraudulently obtain money. The victims of the scam so far appear to…
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This autumn’s innovation in international football, the UEFA Nations League, has been much criticised but according to the betting industry, the competition has been a success. The competition, which features Europe’s international teams competing in four tiers, with play-offs set for next summer, was designed to replace the existing model of international friendlies, which often attracted minimal interest from fans…
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The Nigerian bookmaker Fortune Bets has added to its betting shop product with the launch of a dedicated greyhound racing channel from Vermantia. One of the fastest growing bookmakers in Africa, Fortune Bets will be able to improve its in-store betting offer with comprehensive coverage of over 40,000 greyhound races every year, including contests from the United Kingdom, United States, and Australia. Under the…
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Figures released this week have shown that over £1 billion of bets was placed with Bet365 every week during the last financial year. The astonishing figures cover the year ending on March 25, 2018, and show that the company took a total of £52,559,570,000 in bets during the 52-week period. The Coates family, which runs Bet365, also owns Stoke City…
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High profile gambling group, GVC Holdings, has significantly expanded its online betting profile in the Australian market with the acquisition of Neds International, for an initial price of AUS $68 million. Neds is a new entrant in the Australian online betting industry, launching in 2017, but it has managed to establish itself quickly, and in latest figures, was shown to…
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