Tag Archives: Pwc

Black market betting websites in Australia targeted by ACMA

The Australian Communications and Media Authority (ACMA) intends to request that Internet Service Providers (ISP) in the country remove 18 offshore black market betting websites. An official statement by the ACMA revealed that 222 illegal gambling operators have been removed from the web in Australia since its first blocking request was made in November 2012. The websites removed were Syndicate …

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Ulrik Bengtsson: Claiming the black market doesn’t exist is like saying the Earth is flat

William Hill Group CEO Ulrik Bengtsson has warned UK lawmakers that they should be very wary not to open up the door to black market operators as the 2005 Gambling Act review kicks into its next gear.  The deadline for submissions to the DCMS consultation on the gambling laws is today, and Bengtsson is hopeful that those behind the review …

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PWC report highlights consumer ease and indifference towards black market threats

PWC report highlights consumer ease and indifference towards black market threats

A report commissioned by the Betting and Gaming Council (BGC), with the support of William Hill and Entain Plc, has provided evidence of black market threats to the UK’s gambling industry. The BGC commissioned ‘Big 4’ auditor PWC to undertake the ‘evidence-backed primary research’ on black market threats to the UK gambling sector. Findings indicate that although the number of …

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BGC raises the alarm over black market threat

BGC raises the alarm over black market threat

The Betting and Gaming Council (BGC) has warned gamblers of the risks associated with unlicensed, black market betting sites after recent data showed that British punters had visited unregulated sites 27 million times in a year. Data from PWC has revealed that 200,000 customers used an unlicensed gambling operator over a 12 month period between 2018 and 2019, with approximately …

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Scott Longley – Minority Report: UK sports betting by numbers…

Scott Longley breaks down the UK Gambling Commission’s report on UK consumer betting on sport, assessing if there is a clear long-tail of opportunity for bookmakers in markets beyond football and racing. _________________________ The data released in November last year by the UK Gambling Commission for the first time gave an insight into the online betting habits of UK punters …

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PwC releases ‘The burgeoning evolution of esports’ report

PwC US has released a report assessing the overall esports industry from a number of different angles with a focus on awareness, viewership and opportunities for companies looking to move into the space. There have been various assessments of the industry’s growing value, and this one states that there’ll be a 43% leap from 2015 to a total revenue of $463m (£321.7m) …

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Marc Etches – RGT – Building Remote Responsibilities

Having commissioned PwC to complete a two-phase research programme into the behaviour of remote gambling, with a view to indicate and shed further insight on gambling related harm and risks. Marc Etches Chief Executive of the Responsible Gambling Trust (RGT), details the importance of the study for a changing and more challenging market ________________ SBC: With the recent emergence of …

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CFO latest to leave spread betting operator IG Group

IG Group Holdings plc, one of the biggest spread betting operators, has announced that Chief Financial Officer Chris Hill is to leave the company in order to take up the role of Chief Financial Officer at Hargreaves Lansdown plc.  It is anticipated Hill will continue in his current role until the end of his notice period and leave IG in …

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2015 can be the year for the revolution of sports betting in Nigeria

Johnson Adewale Foye, Head of Operations at HSL Gaming Network Limited which runs Gobet3000, believes that next year will be a key time for the development of sports betting in Nigeria. Having spent some years in this sector, and coupled with some of the research I have done in the past and of late, I personally will say that that …

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PWC expects no igaming agenda for South Africa

Accountancy firm PWC has stated that the South African government is unlikely to open and regulate its online gambling market, due to continued governmental stalling on the issue and concerns regarding gambling addiction. Nikki Foster Gambling Industry Leader for PWC South Africa, commented that South Africa’s government had been working to introduce online gambling regulations for the past decade, however …

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