Tag Archives: CMA

Undaunted Boylesports to establish UK northern profile in 2019

Whilst all UK bookmakers undertake major adjustments to their retail portfolios in 2019, countering FOBTs reduction impacts, Irish bookmaker Boylesports is reported to be preparing for its UK highstreet debut. The Irish Examiner reports that Dundalk-based Boylesports, Ireland’s second largest retail bookmaker is the final stages of acquiring a number of independent bookmakers located in northern Britain. Ever since 2014, …

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David Clifton: Licensing Expert – Don’t forget to read the new “Complaints & Disputes” guidance

UK licensed B2C gambling operators are all hopefully aware of the LCCP changes that come into effect on 31 October. If not, they have a range of options to find out more before it’s too late, for example: the Gambling Commission has published on its website a summary of the key changes, originally announced in August, it has also now …

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ASA upholds “irresponsible” Gala Interactive ad

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The Advertising Standards Authority (ASA) has upheld one complaint against Gala Interactive, for suggesting gambling involved skill rather chance, as it promoted its new Britain’s Got Talent Slingo game. Featuring a man playing on his tablet, before making a gesture with his arm and going on to spin plates on his fingers, one individual “challenged whether the ad implied that …

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Jumpman Gaming and Progress Play fall foul of the CMA

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Jumpman Gaming and Progress Play have agreed to remove terms and conditions prohibiting players from obtained their money in one go, after an investigation by the the Competition and Markets Authority (CMA). The CMA has been working UK regulator the Gambling Commission, to improve terms and conditions for players online and to help ensure firms do not break consumer protection …

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Comtrade’s Steven Valentine: A case for objective bonusing terms

bonusing - Copyright: netsay / 123RF Stock Photo

Regulatory attentiveness in 2017 held monumental bonusing based consequences for gaming operators in the UK, writes Steven Valentine, Director of Interactive at Comtrade Gaming. Whether it’s in the form of player acquisition, retention or re-engagement, it seems that the subjective nature of bonusing terms is no longer up to interpretation. According to the UKGC, trust in the gambling sector is …

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GVC Holdings completes long awaited Ladbrokes Coral acquisition

The long mooted takeover of the Ladbrokes Coral Group by GVC Holdings has finally reached completion, in a deal that could eventually be worth up to £4bn, just days after the High Court of England and Wales sanctioned the deal. With its shares now delisted from the London stock exchange, as part of the agreement the admission of 271,816,558 ordinary …

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High Court approval of GVC terms signals closing time on Ladbrokes Coral Plc

The High Court of England & Wales has sanctioned the outright takeover of Ladbrokes Coral Plc by GVC Holdings, clearing the deals ‘recommended offer’ for investors. GVC governance clears another final hurdle towards securing its industry-changing takeover of Ladbrokes Coral, which this March received both its investor and UK Competition & Markets (CMA) approval. Updating stakeholders, GVC details that its …

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CMA continues bonus promotions clean up

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BGO Entertainment has agreed to change the way in which it offers bonus promotions, following a Competitions and Markets Authority (CMA) investigation. Relating to consumers who play “casino-like games online”, the adjustments give users the ability to access and release their own money. The study, carried out in conjunction with the Gambling Commission, aims to ensure that the £4.7bn online gambling …

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GVC’s proposed Ladbrokes Coral acquisition cleared by CMA

The Competition and Markets Authority (CMA) has announced that it has cleared the proposed GVC takeover of Ladbrokes Coral, following a merger investigation. Revealing the case is not to be referred for a more in-depth investigation, the CMA found that “the merger does not give rise to competition concerns.” Addressing arguments that the merge could create a “a substantial lessening …

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GVC Holdings and Ladbrokes Coral – The story so far

After securing a near majority approval of its shareholders to proceed with the proposed acquisition of Ladbrokes Coral Plc, GVC Holdings has further receivgo-aheado ahead of its investor counterparts at the FTSE100 betting  group. The transaction is now set to be forwarded on to the United Kingdom’s High Court for final judgement (target date 23 March) It has, however, been …

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