It was always going to be the case that all UK bookmakers would launch a range of new betting products as a way of reducing the impact regarding the new maximum stake limit imposed on them by the UK Gambling Commission in relation to their FOBT’s. However, several bookmakers have been told they face some stiff penalties for launching some…
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The Prime Minister of Kosovo, Ramush Haradinaj has acted swiftly to address the murder of two casino employees this week and has chosen to ban all gambling for the next ten years in the hopes that addresses the spiralling crime that has taken grip of the country he governs. In a heartfelt announcement he stated that illegal gambling appears to…
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Land based casinos do, of course, have to ensure they keep their customers happy, as that way those gamblers are much more likely to return and gamble again. However, they are also legally obliged to keep their respective gaming commissions and licensing authorities happy, too. This means that they are expected to comply with all regulations laid down to them…
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With just a month left for bookies to squeeze every last penny out of their FOBT players, the clock really is ticking, and with redundancies being announced at many betting shops once the reduction in stake levels on those gaming machines take effect, many betting shop operators are forecasting doom and gloom in the months ahead. It is an highly…
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It is, of course, this April that the maximum stake levels on FOBT’s is being cut down to just £2. However, in something of an anomaly, betting shops based in Northern Ireland are not required to adhere to that new legislation. There has been something of an outcry by consumer groups and gambling problem charities based in Northern Ireland and…
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UK bookmakers and those involved in the horse racing industry have been left reeling with the decision taken today to cancel all UK race meetings until at least the 13th of February, due to an outbreak of equine flu. Several cases of the illness have been reported across the UK, and in what appears to be a very worrying turn…
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New rules that come into operation on May 7 have been announced by the UK Gambling Commission aimed at making online gambling both safer and fairer. An open consultation had been held and the new rules, will ensure that the age of online customers will be verified and at a faster rate, preventing underage gambling. Quicker Verification Currently, online gambling…
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April finally sees the planned reduction in the amount that can be wagered on fixed-odds betting terminals (FOBT’s). The move has bookies such as Coral Ladbrokes worried and they are already planning staff redundancies. Ladbrokes Coral are anticipated the closing of between 1,000 and 3,500 shops over the next 18 to 24 months. A letter sent out to employees has…
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All parts of the world are different from each other and the attitudes towards gambling seem to show that. Some want to rid themselves of gambling, others just want to make as much money out of it as possible. It’s a major dilemma for legislators but the lure of gambling revenue is proving too good to do without. In the…
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It isn’t going to be very long now until the new maximum stake limits on FOBT’s (Fixed Odds Betting Terminals) are reduced down to just £2 per game played off, and that reduction from £100 is going to hit bookies hard. In fact, one of the leading betting companies in the UK have just announced that due to those stake…
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