Regulus Partners casts its eyes to Nordic affairs, where two recent legal judgements portray a fragmented future for European gambling’s most lucrative marketplace… Two court cases decided last week affirm our view that Nordic grey markets are fast approaching some form of regulatory clarity. While Betsson won its case in Finland, Kindred lost in Norway, with the court ordering that …
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Winning Post: UK Gambling lacking support in Parliament
Regulus Partners comments on the loss of gambling’s voice in Parliament following the All Party Parliamentary Betting and Gaming Group’s decision to close its ranks. UK gambling requires a new approach to engage with MPs on pending matters. The paper tiger of gambling’s ‘powerful industry lobby’ emitted a plaintive meow this week, as the All Party Parliamentary Betting and Gaming …
Read More »Winning Post: UK plays Multiple Choice on Problem Gambling Prevalence
The UK Gambling Commission has recently set out an ambition for its voice to be “authoritative, trusted and impartial”. Yet its good intentions are undermined by an impending muddle on problem gambling prevalence rates… In a little over a week, the NHS will publish Part Two of its Health Survey for England 2021 – a dataset that includes estimates of …
Read More »Regulus highlights distinct flaws of OHID report on gambling costs
The Office of Health Improvement and Disparities (OHID) report into gambling harm published earlier this year does not stand up to scrutiny, according to a critique by strategic advisory Regulus Partners. In its assessment of the study – which sought to calculate the societal costs of gambling – Regulus asserted that there was ‘inherent bias among some key authors’ of …
Read More »Winning Post: UK Gambling… The Start of the End Game
As the end of April dawns, UK gambling’s purgatory may soon be over. Regulus Partners reflects on the winding journey of the Gambling Review and how its original mandate was altered by backdrop of chaos across the government’s ranks. After more false dawns than the Carnival of Las Palmas, it seems that the publication of the Government’s White Paper on …
Read More »Winning Post: Gambling Review… Selecting the Facts
A busy month of March concludes with Regulus Partners examining the written responses submitted to DCMS on the Gambling Review’s scope and remit… as it appears that once again, UK Gambling’s future will be settled by ‘selective facts’. Let’s spare a thought for the poor souls who constitute the Select Committee for Digital, Culture, Media and Sport. The committee has …
Read More »Winning Post: UK Gambling’s future is a question of balance…
Regulus Partners examines the implication of yet another DCMS public consultation that UK Gambling has been drawn into and last week’s Cheltenham Festival, which put on a fair show for punters and bookmakers. If there is one thing that gambling needs like a hole in the head, it is yet another public consultation – but that is precisely what we …
Read More »Winning Post: Gambling Commission needs to explain another fine mess
Ahead of the government publishing definitive industry reforms, Regulus Partners points to mounting criticism of the UK Gambling Commission (UKGC) that has failed to explain its tougher regulatory approach… With a White Paper on legislative reform allegedly in the offing, now would seem to be an inopportune time for the UK Gambling Commission (UKGC) to slip into crisis. In recent …
Read More »Lord Mendelsohn leads dicey search for new 888’s new CEO
The Board of 888 Holdings has agreed to maintain Yariv Dafna as Chief Financial Officer (CFO), who will no longer depart the company on 31 March, 2023. The decision was disclosed to the London Stock Exchange (LSE), further to this morning’s announcement that CEO Itai Pazner had resigned from all executive duties. Shares have plummeted by approximately 20% in the …
Read More »Winning Post: Germany has self-enforced a black market shift
2023 sees the Gluecksspiel (GGL) take regulatory charge of governing Germany’s federal GlüNeuRStv online gambling regime as licensed incumbents demand urgent changes. Yet, Regulus Partners sees little hope for improvement, as the German market remains blighted by unnecessary bureaucratic self-harm, pointing towards a long road to nowhere for GlüNeuRStv players. Germany’s transition to regulated online gaming demonstrates the lesson of …
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