UK

There’s a rumour going around that the UK government is poised to announce an affordability limit of £500, and that they will do it without waiting for a white paper or legislation. At London’s ICE 2022 Conference it was all anyone could talk about. But if it happened, would it really be the end for the industry as we know …

GamCare has expanded its problem gambling treatment programme and training beyond Great Britain, establishing its ‘Trained Associate Model’. The model functions as a framework for non-GB organisations to receive training from GamCare on the delivery of support for people experiencing gambling-related harm. Included in the training is information regarding GamCare’s ‘Model of Care’- a clinical framework for treatment provision- as …

Kindred Group has renewed its investment in the Team Talk programme which will see a ‘significant’ investment as Rangers Charity Foundation continues to work on its development. Boosted by initial funding received from the firm in 2021, Team Talk has already helped men across Glasgow to seek advice, help and encouragement in discussing their mental health. “The investment we are …

GambleAware has repeated its calls for the introduction of a mandatory levy to support gambling harm prevention and treatment, ahead of the publication of the Gambling Act review White Paper. The problem gambling prevention organisation has argued for a levy of 1% as a licensing condition for betting firms wishing to operate in the UK, something which the group claims …

Playtech has launched an exclusive live gaming show ‘Well Well Well’ for Ladbrokes, the flagship UK property of FTSE100 gambling group Entain Plc. Live-streamed from Playtech’s state-of-the-art studio in Riga, Latvia, the offer has been cited by the firm as one of its ‘most complex bespoke games developed to date’ for Ladbrokes customers. Playtech outlined that all game components were …

Strategic advisory firm Regulus Partners has acquired Global Betting & Gaming Consultants (GBGC), intending to leverage the latter’s proven capabilities and ‘high-quality team’. Regulus, which focuses on the sports and leisure industries including gambling, will incorporate GBGC’s global betting and gaming data and reports into its wider portfolio.  The firm – which contributes regularly to SBC’s Winning Post series examining …

Tekkorp Capital the online gambling investment fund led by Matt Davey (CEO) and Robin Chhabra (President), has bolstered its strategic advisory, welcoming industry figurehead Steve Schrier to its ranks.  An expert in the commercial development and planning of igaming enterprises, Schrier is the former Commercial Director and founding team member of Ash Gaming, an independent slot developer acquired by Playtech Plc …

Kambi Group Plc maintains confidence in achieving its 2022 commercial and operating objectives, despite a tough start to year trading.  Publishing its Q1 trading results (period ending 31 March), the Stockholm-listed sports betting technology supplier registered a 15% decline in corporate revenues to €37 million (Q1 2021: €43m). This fall in headline revenues was attributed to Kambi’s adjustment of former …

The Young Gamers and Gamblers Education Trust (YGAM) has entered into a new academic partnership with the University of Portsmouth, focused around loot boxes. Specifically, the partners aim to develop educational material focused on potential financial and psychological harms that can result from loot boxes – virtual assets within video games that contain unspecified items, which can be purchased for …

The British online betting and gaming sector has gained another company, as online sportsbook and casino operator JeffBet secured market launch. Issuing an update, the online brand revealed that it had been awarded operating licences by both the UK Gambling Commission (UKGC) and Malta Gaming Authority (MGA). The plans to offer UK bettors a ‘wide range of sports betting verticals’ …