The National Lottery has pledged to provide a further £45 million in funding for the UK’s ‘most vulnerable communities’ to help them recover from COVID-19 impacts. Through its ‘Community Fund’, the National Lottery has established a new network which will help it distribute central funds to five partners supporting organisations that work within communities that have been disproportionately impacted by …
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GamCare will continue to support those afflicted by problem gambling after backing a new NHS Primary Care Gambling Service (PCGS) which has opened in London. The new service will give problem gamblers access to a multidisciplinary team of mental health nurses, GPs, GamCare treatment practitioners and therapists. It will also work alongside GPs to improve awareness of problem gambling, offering …
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Embattled Spanish gambling group Codere SA has agreed terms on a new ‘refinancing proposal’ with existing bondholders, which will allow the firm to access a further €250 million credit extension. Following weeks of negotiations, Codere has secured the vital liquidity funding to keep its Spanish and South American business units afloat. US bondholders Jupiter AM, Dryden Capital, Invesco and Blackrock …
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Voting 248-to-95, Ukraine’s Verkhovna Rada (parliament) has approved the mandate of ‘Bill-2285D – Gambling Law’, passing the legislation to ‘form a new market for regulated gambling’. The approval will allow Ukraine’s government to repeal its existing ‘Prohibition of Gambling Law’, which has held a blanket ban on all forms of gambling except state-run lotteries since 2009. The overhaul of Ukraine’s …
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Carolyn Harris MP, Chair of the All-Party Parliamentary Group on Gambling Related Harm (GRH APPG) has spoken out about gambling sponsorships, reiterating that banning gambling companies from being front-of-shirt sponsors is ‘one of the most obvious things to do’. Reported by the Guardian, Harris expressed that a new Gambling Act should prohibit shirt sponsorships across all English football leagues – …
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The Betting and Gaming Council (BGC) continues to pressure the government on delivering clarity to the UK casino sector and its workforce, following the disappointing news that casino venues will not be allowed to reopen this July. Branded in the same category as nightclubs, England’s casino venues were told to remain in lockdown, and given no indication as to their …
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The European Gaming and Betting Association (EGBA) has responded after the Spanish government radically altered its Royal Decree on Advertising mandate by adding further marketing and sports sponsorship restrictions on licensed incumbents. Last week, a European Commission filing revealed that the Spanish government had drafted a series of new amendments to its approved Royal Decree on Advertising, banning betting sponsorships …
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LeoVegas AB has written an open letter to the Swedish gaming inspectorate Spelinspektionen, urging it to clarify its interpretation of the new deposit limit. The letter follows on from disparities in the interpretation of new regulations introduced by the Minister of Health Ardalan Shekarabi which outline new deposit and stake limits for the duration of 2020. In the letter, LeoVegas …
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The operating firm of Stoiximan and Betano brands has confirmed that it will rebrand to ‘Kaizen Gaming’ in a bid to reflect its company culture of ‘continual improvement’. ‘Kaizen’ stems from a Japanese business philosophy which looks at introducing small, incremental changes to a business’ operations to try improve both quality and efficiency. The rebrand comes seven years after Stoiximan …
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Kansspelautoriteit (KSA), the regulatory authority for the Netherlands, has published its ‘Market Vision’ document which outlines the core directives it seeks to establish for monitoring ‘games of chance’ in the interest of public safety. The KSA document sets out the regulator’s current structures related to market monitoring, how it has categorised games of chance and also how the regulator undertakes …
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