Life in the UK-facing gambling industry has not been easy lately. Earlier this month Parliament approved a major tax increase on operators to go with a major reduction in the maximum stakes on fixed-odds betting terminals. These two events alone are certain to have a major impact in revenue flowing into the industry. But wait,…
Anti-gambling advocates in the UK have been very busy, and very successful, over the past the couple of years. Not only have they nudged Parliament into lowering the stakes at fixed-odds betting terminals (FOBTs), they've also influenced some major changes in how gambling operators advertise. Earlier this month, the Remote Gaming Association (RGA) self-imposed severe…
Andrew Green lived out the fantasy of every person who has ever played a casino game of any kind when he won £1.7 million ($2.1 million USD) while playing a Western Frontier-themed online slot game last January. Like any newly minted millionaire, Green hit the town with friends for a wild night that cost him…
Life is not easy these days for big name UK gambling operators like William Hill and 888 Holdings. In the next six months alone they're facing both a major tax increase and severe new limits on fixed odds betting terminal (FOBTs) wagers. On top of that, top industry leaders acknowledge that operators need to self-impose…
After months of controversy, debate, and general drama, UK lawmakers are pressing forward with a stake cut on fixed-odds betting terminals (FOBT) and a major tax hike on online casinos. The new changes will be implemented in April of 2019, nearly six months earlier than was previously anticipated. Word of the new timeline was announced…
A pair of UK gambling operators are finding out just how easy it is for anyone in the UK to lodge a complaint about their advertising, no matter how absurd that complaint happens to be. Both William Hill and Unibet were subject to investigations from the UK Advertising Standards Authority (ASA) that neatly illustrate why…
Fixed-odds betting terminals (FOBTs) are a major flashpoint for the UK gaming industry. The ubiquitous machines produce significant revenue (as in billions and billions worth of revenue) but are constantly under attack from lawmakers and anti-gambling activists for being a bit too addictive. That addictive aspect is why the UK Parliament has been trying desperately…
Executives at UK pay television giant Sky are hoping to stay a step ahead of ad regulators by voluntarily imposing limits on the number of gambling ads they accept for airing. It's a bold move that illustrates exactly how nervous UK operators, and the businesses they do business with, are about potential regulatory changes aimed…
William Hill is looking to acquire the Swedish operator MRG (formerly Mr Green) and they're willing to pay big bucks in an effort to get the deal done. Earlier this week, the UK-based mega-operator put in a bid of $2.2 billion Swedish Kroner ($306.7 million USD) for all of the company's outstanding shares and assets.…
UK-facing online gambling operators got a case of good news/bad news this week. The bad news is that, beginning in October 2019, UK-facing online gambling operators will see their tax on revenue leap from 15 percent to 21 percent. The good news is that that's nowhere near as big an increase as British lawmakers were…
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