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382 results for "betting shops"

UK gambling review John Whittingdale

Pro-Gaming UK Politician Appointed to Head Betting Industry Review

The UK is amid a major review of its gaming industry, and John Whittingdale, a longtime member of Parliament who has advocated against more strict betting regulations, is now heading the probe....

Devin O'ConnorMarch 3, 2021
Monzo online gambling UK casino

Monzo Says UK Should Require Banks to Strengthen Betting Safeguards

Monzo, an online bank in the United Kingdom, says the government should force financial institutions to strengthen their gambling safeguards. More than five million people have online Monzo bank accounts. And the...

Devin O'ConnorFebruary 16, 2021
Paddy Power Ladbrokes gambling addict

UK Bookmakers Paddy Power, Ladbrokes Accused of Abetting Gambling Addict

Paddy Power and Ladbrokes, two leading bookmakers in the United Kingdom, have been accused of allowing a disabled person to gamble away much of his settlement money that he received from a...

Devin O'ConnorAugust 22, 2020

GVC Could Be Winning Wager Among Sports Betting Stocks, Says Deutsche Bank Analyst

GVC Holdings Plc is the latest British bookmaker to garner praise from a sell-side research firm, with Deutsche Bank saying the company's coming update could be better than expected. GVC -- which...

Todd ShriberJuly 7, 2020
Russian table tennis

Brits on Lockdown Betting on ‘Sports They Know Nothing About’ Triggers Call for Online Betting Cap

Concerns are growing among UK politicians that the widespread cancellation of sports events -- coupled with the boredom associated with social distancing measures -- is leading to gamblers betting on sports they...

Philip ConnellerMarch 23, 2020

Betting and Gaming Council Pushing Government to Unleash Financial Lifelines for Bookmakers Flutter, GVC, William Hill

The US isn't the only country considering financial assistance for gaming companies bleeding revenue and halting operations due to the coronavirus. The UK's Betting and Gaming Council (BGC) is pushing policymakers there...

Todd ShriberMarch 17, 2020

Citadel Advisors, Others Break From Hedge Fund Pack, Short Sports Betting Stocks

With headlines touting the growth of the US sports betting market emerging on a regular basis, it would appear risky to bet against the related equities. But that's exactly what some hedge...

Todd ShriberFebruary 24, 2020
UKGC

£1.2 Billion Wiped Off British Betting Market Value as UKGC Considers £2 Online Slots-Cap Plan

Shares in UK betting companies took a battering on Friday morning after the UK Gambling Commission (UKGC), the country’s gaming regulator, said it was prepared to explore the idea of capping the...

Philip ConnellerFebruary 14, 2020
UK racecourse bookmaker underage gambler

UK Racecourse Bookies Fail Underage Betting Test at Royal Ascot, Issued Severe Penalties

Seven UK racecourse bookmakers have been told to forfeit 2.5 percent of a year's worth of their gross profits as penalty for allowing an undercover 16-year-old to place a small wager. The...

Devin O'ConnorFebruary 4, 2020
Chicago sports betting Wrigley Field

Chicago Sports Teams Want Say in Illinois Sports Betting Regulations, Collectively Petition State

Five professional Chicago sports teams have united in hopes of having a larger say in how sports betting will operate and be regulated in Illinois. The MLB Chicago Cubs and White Sox,...

Devin O'ConnorOctober 3, 2019