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According to a Friday report from The Guardian newspaper, the evaluation of the Gambling Act 2005 is due to be conducted by the Department for Digital, Culture, Media and Sport (DCMS) amid mounting concerns regarding online gambling’s role in wider society. The source furthermore detailed that the operator is hoping to debut a new soccer-facing service early next year before possibly growing this facility to incorporate markets on other sports such as athletics.”...
Industry unease:The Guardian reported that the upcoming review has prompted concern from numerous online casino and sportsbetting firms with the Betting and Gaming Council lobby group warning that the implementation of overly-strict rules may well fuel the emergence of a parallel market featuring negligible customer safety protocols.Reportedly read a statement from the Betting and Gaming Council…“It is important that Reportedly read a statement from the Betting and Gaming Council…“It is important that ...
riday report from Sky News, the Wigan-headquartered firm is responsible for the Tote pool bet horseracing service and is hoping that the move will help it to more quickly recover from the financial impacts of the ongoing coronavirus pandemic.”Reportedly read a statement from the Betting and Gaming Council…“It is important that ...
The move will purportedly no doubt also be welcomed by advocates for tighter regulations, which include a group of more than 50 parliamentarians alongside those who may be recovering from an addiction to gambling. Such firms may purportedly moreover be required to begin performing enhanced player affordability checks and establish a new ‘single customer view’ policy where multiple firms would pool information on potentially vulnerable clients.Divergent direction:Previously a state-owned enterprise, the UK Tote Group was purchased by British online and land-based sportsbetting behemoth BetFred in July of 2011 as part of a deal that was said to be worth around ￡265 million (5....
Divergent direction:Previously a state-owned enterprise, the UK Tote Group was purchased by British online and land-based sportsbetting behemoth BetFred in July of 2011 as part of a deal that was said to be worth around ￡265 million (5. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing. It was taken over by a consortium of racing owners and investors calling itself Alizeti Capital Limited in October of last year and is said to be eager to expand well beyond its traditional horseracing-focused market....
