Tag Archives: Guardian

FOBTs fears sees betting rethink its place on the high street

As the UK government enforces its £2 FOBTs stake reduction beginning this April, betting leadership is reported to be reviewing all options with regards to the industry’s presence on the high street. During the course of 2018, all major UK high street incumbents – Ladbrokes/Coral, William Hill, Betfred and Paddy Power established special units assessing the potential impacts of FOBTs …

Read More »

UK gambling operators set for record advertising spend in 2016

The amount spent by UK gambling operators on TV advertising campaigns is set to reach a record £123.4 million in 2016 if trends continue from the first five months of the year. The figure, compiled by media analysts Nielsen for the Guardian, would represent a 52% increase from 2012. However, it is likely that this estimated figure may even be …

Read More »

Coral promises to improve AML processes after £880,000 pay out

Gala Coral have been ordered by the gambling regulator to pay out nearly £880,000 for taking £846,000 from a problem gambler who was using the proceeds of theft to feed his habit. The perpetrator of the crime, a customer between 2012 and 2015, has been jailed for three years, and Gala Coral have promised to ‘take steps to improve its …

Read More »

Richard Moross steps down as Ladbrokes non-executive Director

Richard Moross has advised the Ladbrokes’ Board that he will be stepping down as a non-executive director at this year’s AGM on May 5th 2016, and will cease to be a director from that date forwards. Mr Moross joined the board in May 2012, but will not seek re-election at the Annual Meeting to be held next week. He has decided …

Read More »