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GVC/Ladbrokes Coral Merger Could Result in 1,600 Layoffs
We are on the brink of one of the biggest takeovers in the history of the gambling industry. Of course, we are talking about the GVC Holdings acquisition of the Ladbrokes Coral Group. The two parties have been ironing out the deal for the last couple of months, slowly releasing the details. First, we got […]
Read MorePaddy Power Adds New Features to Battle Gambling Addiction
In the wake of the recent crackdown on online gambling companies, the famous UK PayPal casino and gambling platform Paddy Power announced their new responsible gambling tools. Recently, the UK Gambling Commission, as well as some other authorities began a review of the UK’s gambling laws. They proposed some changes to further protect gamblers from […]
Read MoreThe CMA Begins the Evaluation of the GVC/Ladbrokes Coral Merger
Late last year GVC Holdings announced that they are in the talks about the acquisition of Ladbrokes Coral. After months of silence, it seems that we finally got an update. The good news, the deal is still in the works. The not so good news, the UK Competition and Markets Authority (CMA) will begin reviewing […]
Read MoreUK Youth Watches Over 1.4 Billion Gambling Commercials a Year
During the recent consultations about the UK gambling laws, the Department for Digital, Culture, Media, and Sport published an interesting paper detailing the numbers of gambling ads watched by UK youth, and the results are alarming. Currently, children in the UK view around 1.4 billion gambling commercials per year. This is almost triple the amount […]
Read MoreIreland Plans to Hold a Responsible Gambling Week in Early February
The last couple of weeks in the UK have been about how to improve the fight against gambling addiction. And now, from February 5th to 11th, Ireland joins the discussion as well. During that period, Ireland’s gambling companies will stage the first-ever Responsible Gambling Week.
Read MoreShares of the Isle of Man’s Online Gambling Operator GVC Go Down
The famous online gambling operator GVC Holding took a hit on the stock market. After they’ve announced that the government of Greece taxed them for £175 million their stocks went down by 2.8%. The Isle of Man’s operator is a well-known name in the gambling industry, owning some popular betting sites like Bwin and Sportingbet, […]
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