Tag Archives: hsbc

HSBC announces extension of gambling block feature to 72 hours

HSBC UK has confirmed that the cooling off period for its gambling block feature has been extended from 24 hours to 72 hours. The announcement follows the UK Gambling Commission’s (UKGC) revelation that there has been a month-on-month increase of 29% in gross gambling yield (GGY) and a 7% increase in active accounts. Maxine Pritchard, Head of Financial Inclusion and …

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En Marche appoints banking collective to table an FDJ IPO

The French government has accelerated its plans to privatise state-owned lottery and sports betting operator Francaise des Jeux (FDJ), appointing a collective of eight investment banks to work on the sale of the asset. This week, the APE, the agency overseeing the management French state-owned firms, confirmed that BNP Paribas would be joined by Citigroup, Goldman Sachs, Credit Agricole, HSBC, …

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Lords debate restrictions on B2 Gaming Machines

Fixed odds betting terminals have been debated in the House of Lords, with the usual mix of hot air and in-depth analysis that has come to be frequently parodied of the UK’s second legislative house. The whole discussion has been kicked off by Lib Dem Peer Lord Strasburger, despite the fact he doesn’t appear to know what the existing stake …

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