Tag Archives: 2005 Gambling Act

Bookmakers tread careful path on HMRC FOBTs rebate

Bookmakers and hospitality businesses are examining whether they are in-line to receive multi-million VAT refunds from the government, in relation to HMRC overruled calculations on FOBTs charges.  This weekend, The Times reported that up to 1,000 UK businesses that operated fruit machines, one-armed bandits and coin-pushers are reviewing whether to claim compensation from HMRC.  The dispute relates to HMRC collecting …

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10 MPs received match tickets from betting firms throughout Euro 2020

The BBC has reported that 10 MPs from the two largest political parties received tickets to UEFA Euro 2020 Championship, in addition to other prominent sporting tournaments. Overall, eight Conservative Party MPs and two Labour Party MPs were gifted tickets worth between £1,537.60 and £3,457, with the two members of the latter party serving as members of the Shadow Cabinet. …

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Football Index allows customers to withdraw account funds

The website for football player exchange platform Football Index has gone back online after months of inactivity, allowing the operator’s customers to withdraw previously inaccessible funds. BetIndex, Football Index’s parent company, had been involved in extensive deliberations with both its administrators Begbies Traynor and the High Court of England and Wales regarding the final date for the payout of dividends …

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Irish Minister outlines scope of ‘extremely powerful’ regulator

James Browne, the Republic of Ireland’s Minister of State for Justice, has outlined the scope of an ‘extremely powerful’ gambling regulator in the country, but a Labour Senator has called for earlier action. Reported by The Irish Times, Browne detailed that ‘comprehensive legislation’ will support the creation and operations of an ‘extremely powerful’ regulator – which will be launched by …

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Grainne Hurst: Personalised technological safe betting solutions ideal outcome of gambling review

The UK government’s review of the 2005 Gambling Act has been welcomed by the industry, and leading operator Entain in particular has praised the evidence-led approach to the regulatory overhaul. Speaking to Martin Lycka in the latest episode of the Safe Bet Show, Grainne Hurst, Entain’s Director of Corporate Affairs, discussed responsible gambling, the UK government’s review of the 2005 …

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Gambling sponsorships halve as clubs meet social responsibility demands

Professional sports clubs are increasingly turning away from sponsorship agreements with betting and gaming companies, as the construction and engineering, automotive and financial services sectors increase their market share. According to the latest figures from Caytoo, the gambling industry accounts for 8.1% of all sponsorships across football, rugby and cricket. Holding the top spot two year ago, the industry has …

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UKGC identifies advertising as a motivator for a third of British gamblers

consultation

The UK Gambling Commission (UKGC) has published the results of a recent survey, finding that 34% of British bettors admitted to being influenced by advertising. Completed by 6,258 people in March, June, September and December 2020 – including 4,566 who claimed to have gambled in the past 12 months – the survey found that following general advertising, free bet offers …

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ASA: Lockdown dynamics increase children’s gambling exposure

The Advertising Standards Association (ASA) has published its updated ‘exposure report’ on age-restricted TV adverts, primarily related to the categories of alcohol and gambling. Tracking the events of a pandemic year, ASA reports of a significant change in children’s daily routines and behaviours impacting how they engage with advertising content. As a result of lockdown and imposed government restrictions, children …

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Ruth Davidson documentary places primetime spotlight on Gambling Review

Channel 4 will air tonight ‘Football’s Gambling Addiction’ (7:30-8:30 pm), an investigation of football’s current relationship with gambling brands, led by former Scottish Conservative leader Ruth Davidson. The documentary was commissioned last month by the terrestrial broadcaster, which had recruited the former minister and journalist to lead an investigation of football’s ‘intertwined relationship with betting and gambling operators’. In its …

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Iain Duncan Smith calls for ‘wholesale reform’ of betting and banking oversight

The Centre for Social Justice (CSJ), a think tank led by senior conservative Sir Iain Duncan Smith, has called for the creation of an ‘independent ombudsman’ to monitor banks and betting firms with the objective of better safeguarding players. An CSJ study, entitled Not a Game’, found that problem gamblers generate 25% of the UK betting and gaming industry’s profits, …

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