Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport (DCMS), has approved the re-election of Stephen Cohen as a Commissioner of the UK Gambling Commission (UKGC). This week, DCMS confirmed that Cohen’s tenure as UKGC commissioner would be extended for a further four years until November 2024. Described as an expert in corporate finance, auditing and governance of …
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GVC report reveals increase in charitable contributions
GVC Holdings has revealed that it has increased its ‘cash and in-kind contributions towards responsible gambling charities’ during 2019. Publishing its 2019-20 CSR Report, the betting group revealed that cash and in-kind contributions to charities increased from £2.51 million in 2018 up to £3.61 million in 2019. The report read: “Having already doubled our investment into research, education and treatment …
Read More »Rank lowers profit guidance as Mecca venues begin reopening
Rank Group Plc has issued a market update as it begins to reopen its Mecca Bingo venues across England from Saturday 4 July. Absorbing COVID-19 impacts and costs, Rank stated that its group underlying profits will fall at the lower end of its provided £48-58 million guidance for the year ending 30 June 2020. Despite the closure of its entire …
Read More »UKGC reviews VIP interaction with new consultation
The UK Gambling Commission (UKGC) has launched a consultation which will review the rules and procedures that are in place for licensed gambling operators when engaging with high-value customers (HVC) and VIP players. In launching the review, the Commission said it recognised the exceptional commercial value that VIP customers hold for licensees and the ‘preferential service’ high-value customers receive from …
Read More »Kim Mouridsen: Combatting problem gambling with automated player profiling
Kim Mouridsen, Professor and Founder of Mindway AI, explains how they are using scientifically based automated player profiling and monitoring to combat problem gambling and better understand player behaviours. SBC: Identifying problem gambling behaviour is getting easier with technology, but how can that translate to effective outreach to customers who may not want to accept that? KM: Problem gambling is …
Read More »EFL urges government to rethink gambling sponsorship ban
The English Football League (EFL) has urged the government not to impose a blanket ban on gambling sponsorships, citing concerns that it could drive more clubs into administration. Published yesterday, the House of Lords Gambling Select Committee’s report ‘Gambling Harm – Time for Action‘ recommended a ban on sports teams kit sponsorships and venue advertising. If implemented, the recommendation gives …
Read More »Codere merges Italian fruit machine units forming CODWIN
Spanish gambling group Codere SA has launched ‘CODWIN’, its new Italian market AWP games (fruit machines) distribution unit, formed by the merger of its shareholdings in subsidiaries Gap Games Italia and FG Slot. Italian industry news sources report that the launch of CODWIN, had been formally approved by Gap Games and FG Slot investors at an April shareholder meeting, allowing …
Read More »Rank gifts Ipswich Town’s Magical Vegas sponsorship to Carers Trust
Rank Group has ‘gifted’ its sponsorship of League One football team Ipswich Town FC to Carers Trust, with the charity’s logo due to feature prominently on the team’s home kit for the 2020-21 season. The team’s shirt currently features the logo of Rank online casino subsidiary, Magical Vegas. The sponsorship was donated to raise awareness of the organisation which supports …
Read More »EGBA responsible advertising code gains European broadcaster approval
The European Gaming and Betting Association (EGBA) has confirmed that the European Associations for TV and Radio publishers has become the latest organisation to welcome its new code of conduct on responsible advertising for online gambling. Becoming the first pan-European initiative for gambling advertising, the code establishes responsible standards for advertising for the online gambling sector. The egta will subsequently …
Read More »Bettingexpert crowns TheTrollmanSha World Tipster Champion
Sports betting tipster social network Bettingexpert.com has crowned TheTrollmanSha as its World Tipster Champion 2020, with the Italian winning €10,000. The annual event was created by bettingexpert to reward top tipsters within the community. Taking place from July 1 2019 – June 30 2020, TheTrollmanSha provided over 14,000 tips and was the best to guess the outcome of sporting events …
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