Year: 2018

The UK government has announced that it is reversing its decision to impose a stake reduction for Fixed Odds Betting Terminals (FOBTs) in October 2019, following a rebellion from MPs. On Wednesday, the UK Culture Secretary Jeremy Wright confirmed that the government had changed its mind on the controversial decision, which had drawn considerable protest from lawmakers across all political…

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Daily Fantasy Sports and betting operator DraftKings has extended its reach in the state of New Jersey with a new partnership involving the Resorts Casino Hotel. The hotel is the first of its kind to open in New Jersey, and under the terms of the deal, Draft Kings will launch a betting operation at the hotel. According to Draft Kings, the new…

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Bookmakers Ladbrokes could be on the verge of ending all of their on-course bookmaking activity in Ireland, in response to the doubling of the country’s betting tax. Under the tax rise, which was announced in October, the betting tax rate will double from 1 percent to 2 percent from January 2019. Speaking in the Irish media, the Director of Ladbrokes Ireland,…

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New rules that will legalise online gambling in Switzerland will come into effect on January 1 2019, but foreign operators will be outlawed. The announcement was made by the Swiss Federal Council, which was confirming the timetable for implementation of Switzerland’s new Gaming Act. The Act was approved by a nationwide referendum held in June, in which nearly three-quarters of…

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The Swedish gambling industry has been hit by a decline in gambling revenue relating to the first nine months of 2018, but unregulated operators have enjoyed an increase in income. According to figures released by the Swedish gambling regulator, the Lotteriinspektionen total gambling market revenue in Sweden was up by 1.2 percent to a figure of SEK16.8 billion (€1.6 billion)…

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Liverpool and England striker Daniel Sturridge is facing an investigation into whether he broke the  Football Association (FA’s) rules on betting. Sturridge has been asked to explain alleged breaches of the FA code of conduct regarding betting, which is strictly prohibited under the organisation’s rules. The rule in question is E8, which is addressed to all FA registered players, managers, coaches, and…

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Former Foreign Secretary Boris Johnson is set to add his voice to the campaign against Fixed Odds Betting Terminals (FOBTs) and join a group of Conservative rebels. It is believed that up to 60 MPs could be prepared to defy the government over delays to the implementation of tougher regulations. Earlier this year, the Government announced that it would be…

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The UK National Lottery will celebrate the 25th anniversary of its founding next year, and this week the organisation has announced that it will be launching a national campaign in order to highlight the money that it has raised for local initiatives and good causes. Camelot, which operates the Lottery, has asked its new marketing agency Adam&Eve London to develop a message…

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A major trial in Vietnam has begun, with 92 defendants, including two former senior members of the Ministry Of Public Security (MoPS), charged with involvement in an illegal online gambling operation. The defendants are facing a range of charges including abuse of power, organised gambling and money laundering, and the former Director General of the MoPS’s Police General Department along…

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The future development of sports betting in the US is uncertain following the mid-term elections that took place on Tuesday, with progress at a state level contrasting with the federal situation. Since the legalisation of sports betting in May, federal legislators have been reluctant to push ahead with discussions over a federal framework for the new industry as the impending…

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