UK

GambleAware has called for the continued development of education programmes to increase awareness of problem gambling after new research showed 46% of those with gambling disorder have not accessed treatment or support. The charity’s ‘Treatment Needs and Gap Analysis’ report, carried out by a group of researchers including the National Centre for Social Research, also found that 27% of gamblers …

After failing to appoint a new nominated advisor, Nektan (Gibraltar) Limited has confirmed that it is no longer trading on the London Stock Exchange’s Alternative Investment Market (AIM). Nektan cancelled its trading on AIM, citing AIM Rule 1, which states: “an applicant must appoint a nominated adviser and an AIM company must retain a nominated adviser at all times”. The …

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

The betting and gaming industry has, undoubtedly, been tested when it comes to mitigating the impact of the coronavirus crisis both for its stakeholders and players. Regulus Partners begins the week by looking at the new guidance for operators issued by the UK Gambling Commission, the ban on advertising from BGC members and the pending return of UK horse racing …

The Horserace Betting Levy Board (HBLB) has boosted its prize money contributions to support the industry as it continues to deal with the financial implications of the coronavirus crisis. With no crowds on racecourses, nor betting shops open, a drop in prize money was previously considered to be ‘inevitable’. The HBLB has since confirmed that it would boost its prize-money …

William Hill has reduced its ‘cashburn’ and further restructured terms on its debt bonds, as the company secures full financial flexibility navigating COVID-19 headwinds. Publishing both a Q1 trading update for the unaudited 17 weeks to 28 April 2020 as well as a COVID-19 update, William Hill revealed that retail closures, a drop in sports betting markets and international coronavirus …

Strengthening its safer gambling mandate, the Betting and Gaming Council (BGC) has confirmed the launch of a new £10 million funded ‘education and support programme’ across the UK. The learning programme, co-developed by GamCare and YGAM, is seeking to educate 11-19 year olds on problem gambling awareness, addictive behaviours and the real-life consequences of gambling addiction. The BGC explained that the …

In light of the challenges facing on-course bookmakers as a result of the coronavirus crisis, the UK Gambling Commission (UKGC) has confirmed that it will review the fines issued to seven bookmakers at last year’s Royal Ascot. The seven bookmakers had reportedly allowed a 16-year old to place a £5 bet at the Royal Ascot festival. Initially, the UKGC ordered the bookmakers …

The Greyhound Board of Great Britain (GBGB) has responded to concerns raised by Peterborough Greyhound Track regarding the resumption of the sport. Following confirmation that the sport would be targeting a 1 June restart date, Richard and Rob Perkins published an open letter to GBGB explaining that the track at Peterborough would be unable to commence trials until it receives …