The betting and gaming industry has taken the new restrictions on credit card payments and enhanced self exclusion requirements as a mainly positive move from the regulator, although there is still some confusion around why there remains some products outside the scope of the new regulations. Brigid Simmonds OBE, Chairman of the Betting and Gaming Council (BGC), welcomed the move …
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UKGC confirms credit card ban inbound for 14 April 2020
Issuing its first regulatory enforcement of 2020, the UK Gambling Commission (UKGC) has this morning confirmed that it has sanctioned its widely anticipated ban on credit card transactions carried across all UK gambling verticals. The Commission plans to implement its credit card ban from 14 April 2020, giving licensed incumbents three months to undertake all necessary adjustments. Citing that UK …
Read More »Tabcorp donates funds and volunteer support to Australia’s bushfire crisis
Tabcorp Holdings has confirmed that it will donate AUS $1.5 million to Australian emergency services battling the bushfire crisis which has engulfed the entire Gold Coast of Sydney. The ASX listed operator has confirmed that all lottery proceeds taken from its Saturday Lotto draw scheduled for 25 January will be donated to Australia’s ‘Bushfire Relief’. Seeking to generate as much …
Read More »Louise Hanlon joins Camelot as new corporate responsibility lead
Operator of the UK National Lottery Camelot has strengthened its corporate responsibility and sustainability division after confirming that Louise Hanlon has been appointed as its Deputy Head of Corporate Responsibility. The appointment comes as Camelot looks to further implement its social responsibility strategy throughout 2020. Camelot’s Head of Corporate Responsibility, Alison Gardner, celebrated the new appointment: “We are delighted to …
Read More »Ruth Prior departs as William Hill CFO
William Hill Chief Financial Officer Ruth Prior has confirmed that she will be stepping down as CFO and as a Director of the Company to return to the private equity sector, where she will join Element Materials Technology as its new CFO. Prior joined William Hill in 2017 as a member of the Board and Group Executive team. She has been lauded …
Read More »Ukraine Rada begins ‘draft assessments’ but can it separate good from the bad and the ugly
Following the Christmas break, Ukraine MPs return to the Rada (parliament), in which the first readings of Ukraine’s newly planned gambling regulatory framework are scheduled to take place this week. The closing months of 2019 saw seven draft regulatory proposals put to the Rada, detailing little cross-party consensus on how Ukraine should end its 10-year gambling hiatus established under the …
Read More »BoyleSports agrees takeover of William Hill’s NI portfolio
Irish bookmaker BoyleSports is set to significantly expand its Northern Ireland retail footprint after agreeing to acquire William Hill’s entire NI betting shop portfolio. BoyleSports, Ireland’s second-largest bookmaker, will takeover William Hill’s 33 betting shops located throughout Northern Ireland, increasing its NI retail portfolio to 39 premises. The sale sees William Hill governance continue its restructure of the firm’s retail …
Read More »Fitzdares to donate all Australian Open winnings to the Red Cross bushfire fund
Private bookmaker Fitzdares has committed to donating all winnings from the Australian Open 2020 to the Red Cross, supporting victims and emergency services countering the bush fires impacting the Gold Coast of Australia. The announcement mirrors that of tennis player Nick Kyrgios who has promised to donate $200 to the bush fire crisis for every ace he serves throughout the …
Read More »GVC to hold vote on governance and tax residency
The governance of GVC Holdings has scheduled an ‘extraordinary general meeting’ on 6 February (9 am CET) to vote on relocating the firm’s management control and tax residence from the Isle of man to its UK headquarters. GVC Holdings was incorporated as an Isle of Man enterprise in 2010, where it maintained its management control to benefit from a more …
Read More »Paddy Power named as sponsor of the Irish Gold Cup
Paddy Power has strengthened its commitment to Irish racing after being named as the new sponsor of the Irish Gold Cup at Leopardstown Racecourse. The €250,000 Grade 1 chase, first run in 1987, is considered to be one of the highlights of Dublin Racing Festival and will be run on the second day of the Festival at Leopardstown on Sunday, …
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