It sure is survival of the fittest in all market sectors currently, with airlines feeling the pinch, and with the value of oil turning negative yesterday, some of the world’s largest companies are beginning to feel the pain of the current Covid 19 pandemic. With workers across the globe being furloughed, and many companies also screaming out for financial aid,…
Read MoreCategory: Regulation
UKGC Slaps Caesars Entertainment with Huge Fine
The UK Gambling Commission have not only pulled the personal gaming licenses of three senior managers of Caesars Entertainment, but they have also hit the company with a record £13 million fine, for failings they deem to be so serious the company needs to be taught a lesson. What the UKGC had become aware of was the way that Caesars…
Read MoreGovernor of Virginia About to Legalize Casino Gambling in the State
For over two years now, law makers in the U.S. State of Virginia have been discussing the pros and cons of allowing land-based casinos to operate in the State. Whilst the Virginia General Assembly members have heard many people explaining the downside of allowing such venues to operate legally in the State and enlightening them on the risks of crime…
Read MoreUK MP Upset by Betfred Owned Subsidiary
Betfred are by far and away the largest independently owned gambling related company in the UK, and the owners of that company, brothers Fred and Peter Done have been in the industry for many decades. They have built their one-time betting shop operation into a global brand, and now operate online and mobile casino, poker, bingo and betting sites and…
Read MoreState Minister in Charge of Casino Selection Process Arrested in Japan
Things have certainly taken a turn for the worse regarding the introduction of legalized casino gambling in Japan, as a state minister has just been arrested on suspicion that he was paid a large amount of cash to give one of the potential bidders who wanted to open a casino resort there preferential treatment with their bid. Many major U.S.…
Read MoreUS Casinos Liberalizing Their Photography Rules
Some land-based casinos in the US have been quite paranoid about allowing their customers to use cell phones to film themselves playing the games on offer on their respective gaming floors over the last few years. One of the main reasons for that paranoia, was due to the fact that a team of slot machine cheats had been using their…
Read MoreResponsible Gambling Week 2019
This week sees the UK’s Responsible Gambling Week going live, and all gambling companies based and licensed there will be promoting the additional services that they are obliged to offer their customers to ensure they can always stay in control when gambling online. As a real money player at any bingo, poker, arcade, games and even casino sites along with…
Read MoreUK MP’s Propose New Maximum Online Casino Game Stakes
The recent changes to the maximum stake levels that UK based gamblers can play fixed odds betting terminals (FOBT’s) for, has led to the closure of hundreds of betting shops across Great Britain, with plenty of additional shop closures planned in the very near future. However, a cross part group made up of Members of Parliament in the UK has…
Read MoreWill Brexit Affect UK Casino Players?
The constant extensions to the UK’s leaving of the EU may be causing some people in Great Britain problems, if not frustration, but for those casino players that are based there, they too may be confused about whether Brexit is going to have any direct effects on them when gambling online. Recent changes imposed by the UK Gambling Commission means…
Read MoreUnderage Gambling Increases in the UK
A shock report released yesterday has revealed that over the last three years the number of underage gamblers in the UK has been on the increase, with many children now being recognised as having a gambling related problem. That report suggests that there are now over 55,000 children in the UK that are now addicted to gambling, which is four…
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