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It is often loudly speculated by anti-gambling campaigners that increasing access to online casinos makes problem gamblers. However, recent research released this week has suggested that there is actually no evidence that this is the case. Research conducted by Harvard Medical School’s Division on Addiction has found no evidence that online casinos create more problem… Read more »
The boss of bookmaker Ladbrokes has been given shares worth £1 million only days after the gambling firm reported a slump of 50 per cent in their profits. Richard Glynn is to receive 759,958 shares, which are worth approximately £1,028,223 (according to share prices on Wednesday.) This bonus came only days after Ladbrokes said that profits… Read more »
Revel Casino which is due to close in the coming weeks has had another stroke of bad luck, with the casino losing more than $20,000 in cash, reports the Press of Atlantic City. Indeed, in early August, more than $20,000 cash was lost after an armoured vehicle that collected money from the casino left one… Read more »
The star of the hit TV show Benefits Street, White Dee, is one of the favourites to win this year’s Celebrity Big Brother, just behind Kelly Maloney, according to bookmaker odds. The prize money up-for-grabs is £100,000, which is the equivalent of £4,545 a day. White Dee has previously complained that she was “too depressed… Read more »
The popular bingo website, Bingoport, is to be sold in a deal worth up to £10.5 million. Gaming Realms, the creator, publisher and marketer of next generation online gaming products, have announced that they have provisionally agreed to acquire the specialist eGaming marketing company Blueburra Holdings, the holding company of Digital Blue, of which Bingport… Read more »
Despite Prime Minister, David Cameron, clamping down on fixed odds betting terminals, Labour campaigners have criticised him for doing “too little, too late”. The Prime Minister has written a letter to the betting industry that declares his plan to put a cap of £250 on punters’ losses, as well as a thirty minutes time-limit on… Read more »
The final remaining bingo hall in Cheltenham may be demolished, reports the Gloucestershire Gazette. The news comes after the announcement this weekend that the plot is to be developed into housing. Cheltenham Borough Council have received a request from the owners of Ace Bingo for permission to tear the hall down, replacing it with a… Read more »
Large global banks are facing pressure from the American government to clamp down on money-laundering in casinos, reports the news agency Reuters. The clampdown is reported to have led to much scrutiny, and required a great deal of collaboration between the gambling industry, and the banking industry. Banks have been vetting clients of casinos, and… Read more »
Bosses of the Mecca Bingo hall in South Shields have announced that it is to be closed down, after they decided to not renew its lease, reports the Shields Gazette. The hall will close on September 14, which has left bingo fans “devastated”. Staff at the hall were told on Wednesday morning, and the news… Read more »
The leading gambling regulator has called for betting shops to adjust their layouts to stop underage gambling, according to the legal journal, Out Law. Bookmakers and casinos must change their layouts in order to stop underage gambling, according to new licensing conditions proposed by the industry’s regulator. The Gambling Commission have said this week that,… Read more »
