Category Archives: Betting

Lee Willows: Funding debate threatens UK’s ‘world class’ treatment ecosystem

The debate surrounding gambling research, education and treatment (RET) funding has been heating up significantly ahead of the government’s Gambling Act review White Paper. A range of viewpoints have been expressed on the matter, and notably, calls for the introduction of a statutory levy to support RET operations have been rising, although with some differences …

Entain board recruits Unilever strategist Rahul Welde as NED 

The board of Entain Plc has confirmed the appointment of Rahul Welde as an Independent Non-Executive Director (NED) of the FTSE100 global gambling group.  Welde is the current Executive Vice President of Global Digital Transformation for Unilever plc, which is recognised as the FTSE’s biggest fast-moving consumer goods (FMCG) company and the overall index’s fourth …

Lithuania sets new lottery age purchase to +18

The Budget and Finance Committee of Lithuania’s Seimas (Parliamentary Assembly) has completed a draft decree proposing new standards on lottery play and advertising for the Baltic state. The Committee’s headline measure has called on parliament to undertake a vote to raise the minimum age of purchase of lottery tickets from 16-to-18 years of age. If …

ParlayBay expands global footprint with INDIBET deal

ParlayBay has made its debut in the Indian market after agreeing a new content delivery agreement with INDIBET. The deal will make ParlayBay’s portfolio of titles available to the operator, including games such as STREAK, BOSS, GEKKO, CUT and RUSH. In addition, ParlayBay will also launch a new range of cricket and kabaddi titles. Patrick …

BGC: Royal Ascot bookmakers donate £1.2 million to UK charities

The Betting and Gaming Council (BGC) has revealed that UK charities will be rewarded with a share of £1.2 million from bookmaker profits donated from last week’s Royal Ascot. The marquee festival saw BGC members pledge to donate all winnings taken from Thursday’s Britannia Stakes race, won by 14/1 shot Thesis ridden by Ryan Moore, …

RETAbet and Oddin.gg: a vision for the future of esports

In the constantly changing online gaming world, there is a vertical which has been shown to have an upwards trajectory: esports. Once considered just the latest phenomenon in gaming, esports has now grown into a robust multi-billion industry with no sight of stopping.  So when Spain’s RETAbet Group joined forces with esports provider Oddin.gg, the …

Winning Post: Gambling Review split by the two voices of Public Health

Regulus Partners dissects the recommendations and musings of an open letter authored by the Association of Directors of Public Health (ADPH) to DCMS, in which the organisation has provided conflicting guidance on how to establish a balanced public health approach to treat gambling harms…  The threat to licensed gambling in Great Britain was set out …

Rank lowers 2022 profit guidance due to Grosvenor venues ‘soft performance’

Rank Group Plc has this morning issued a profit warning, accounting for the below expectations performance of its UK Grosvenor casino venues, which have been dragged by a ‘softness in visitor numbers’. The LSE gambling group has revised down its 2021/2022 underlying profits from its previous range of £47-to-£55 million to an expected result of …

NeoGames’ acquisition of Aspire expected in August as tender completed

NeoGames has detailed further progress on its acquisition of Aspire Global, announcing the competition of a previously announced tender offer.  The $480m transaction is now expected to finalise on 11 August 2022, with 99.31% of Aspire’s shares tendered so far. NeoGames had extended its acceptance period for Aspire shareholders to 14 June, with the expected …