Gambling

Greek gambling market records significant growth

The turnover of the Greek gambling market recorded a significant increase in the first eight months of the year. From January to August, Total Gaming Revenue (TGR), i.e. the total…

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China warns citizens in Singapore to stay away from gambling

BEIJING, March 18 (Reuters) - China's embassy in Singapore on Monday urged its citizens in the city-state to stay away from all forms of betting, saying gambling overseas violates Chinese…

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UK lawmakers call on Premier League to reduce volume of gambling adverts

By Lori Ewing MANCHESTER, England, Dec 21 (Reuters) - British members of parliament are calling on the Premier League and other governing bodies to reduce the volume of gambling adverts…

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Ukraine seeking to oust Russians from gambling sector

Ukrainian officials seeking to oust Russian actors from its gambling industry are going to emulate the methods of the US authorities in the 1980s when they rooted out the Italian…

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Australia urged to ban online gambling ads to curb growing addiction

SYDNEY, June 28 (Reuters) - Australia should phase out advertising for online gambling in three years, a parliamentary committee of inquiry recommended on Wednesday as it looked to limit the…

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UK government to set out tougher gambling rules

LONDON, April 27 (Reuters) - The British government is due to publish its long-awaited proposals to crack down on problem gambling on Thursday. British media have reported the measures will…

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UK’s William Hill fined $24 million for widespread gambling failures

Britain's Gambling Commission has slapped a 19.2 million pound ($23.7 million) fine on companies owned by betting shop group William Hill for failing to protect consumers and weak anti-money laundering controls,…

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Belgium bans gambling advertising from July 1

By Marine Strauss BRUSSELS, March 9 (Reuters) - The Belgian government has decided to ban gambling advertising across multiple platforms from July 1 in a bid to crack down on…

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Liechtenstein votes resoundingly against banning casinos

Voters in Liechtenstein on Sunday roundly rejected a proposed ban on casinos in a referendum that has polarized the tiny principality and its 40,000 citizens. With six casinos dotted across…

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‘Las Vegas of the Alps’ to vote on casino ban

By Noele Illien ZURICH (Reuters) - Liechtenstein is renowned for its Alpine scenery and historic castles, but the tiny principality also punches above its weight when it comes to a…

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UK to ban celebrities popular with under-18s from gambling ads

Gambling advertisements in Britain featuring celebrities, sports people and social media influencers popular with the under-18s will be banned under a new ruling designed to protect children in one of…

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Gambling firm 888 to sell Bingo to focus on core business, U.S. ops

Dec 15 (Reuters) - British gambling firm 888 Holdings Plc said on Wednesday it would sell its Bingo business to a unit of UK-based Broadway Gaming Group for $50 million,…

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Macau arrests 11 people for alleged illegal gambling and money laundering

Macau police said on Sunday they had arrested 11 people in an investigation into an illegal gambling and money-laundering syndicate, a day after businessman Alvin Chau, who organises trips to Asian casinos…

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Billions blown as Macau casino investors fold amid gambling review

Shares of Macau casino operators plummeted as much as a third on Wednesday, losing about $18 billion in value, as the government kicked off a regulatory overhaul that could see…

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Canada’s Senate vote opens way for single event betting

Canada's Senate passed a bill that will open the way to legalize betting on single games or sporting events, which is currently illegal except for on horse racing. The vote…

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Macau’s gambling revenues dive 72.5% in October

Gambling revenue in Macau plunged 72.5% in October year-on-year, extending the steep coronavirus-driven declines of recent months but at a slower pace as visitors to the world's biggest casino hub…

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Ladbrokes owner profit slips but online betting surges

Ladbrokes owner GVC said on Thursday it would not pay an interim dividend after it reported lower core profit for the first half of 2020, while forecasting growth in its…

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NOUV Launches Get Governanz to promote good corporate governance

NOUV Malta, a multidisciplinary firm of certified and experienced public accountants, auditors, company service providers and certified information systems’ auditors have launched GetGovernanz, a new corporate initiative to promote good…

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British MPs want strict curbs on gambling during Covid-19 lockdown

British parliamentarians have called for strict curbs on gambling during the Covid-19 lockdown, including a moratorium on advertising, calling the betting industry’s own proposals “very weak”. An industry body, the Betting &…

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Gambling groups issue profit warnings

Gambling groups Flutter Entertainment, GVC and William Hill all issued profit warnings on Monday, as the widespread cancellation of sporting events ground betting to a halt. Flutter, the bookmaker behind…

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Dutch gambling authority fined 10 companies a total of €3.5m this year

The Dutch gambling authority fined companies offering online betting and gambling games in the Netherlands a total of €3.5m this year – more than double the 2018 figure. The rise…

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Malaysia looks to revamp its gambling laws

As concern grows in Malaysia due to illegal gambling, authorities are taking action to stop the activity before it gets worse. In order to do so, lawmakers are going to…

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Australian bank bans credit card use for gambling

An Australian financial institution, Macquarie, has announced that it will no longer allow its bank-issued credit cards to be used for making gambling or lottery purchases. The company insists that…

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Swiss to lose access to websites of foreign casinos

Swiss gamblers are going to lose access to the websites of foreign casinos. As of 1st July, the provision of the new Swiss gambling law which restricts online gambling to…

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Bookmakers in the UK prepare for store closures as curbs on gambling introduced

Monday is the day that a major change related to fixed-odds betting terminals (FOBT) in the UK is officially implemented. FOBTs are a type of electronic slot machine normally found…

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888 secures Malta licence to mitigate disruption from Brexit

The British online gambling company 888 Holdings Plc announced that it secured a gaming licence in Malta and established a server in Ireland to mitigate a potential disruption from…

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Swiss vote to ban remote online gambling websites

SBC News reports that foreign gambling sites are to be banned in Switzerland, after Swiss citizens overwhelmingly backed a new gambling law, replacing the 1923 Lotteries and Betting Act and the 1998 Gambling…

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