Category - Blog

1
Playtech Signs Former UKGC Manager to Their Compliance Team
2
The CAP Creates New Advertising Rules for the UK Gambling Operators
3
High-Speed Daily Slot Races Come to the 888 Casino
4
GVC/Ladbrokes Coral Merger Could Result in 1,600 Layoffs
5
Paddy Power Adds New Features to Battle Gambling Addiction
6
The CMA Begins the Evaluation of the GVC/Ladbrokes Coral Merger
7
UK Youth Watches Over 1.4 Billion Gambling Commercials a Year
8
Ireland Plans to Hold a Responsible Gambling Week in Early February
9
Shares of the Isle of Man’s Online Gambling Operator GVC Go Down
10
UK Considers Taxing Gambling Firms to Fund Addiction Programs
11
The Success Story of The Biggest Online Payment System {PayPal}

Playtech Signs Former UKGC Manager to Their Compliance Team

Playtech, one of the biggest game software providers for PayPal casinos, betting websites, and other gambling operators in the UK, signed former UK Gambling Commission (UKGC) manager Richard Bayliss. This unlikely team-up happened earlier this week, following the recent UK gambling regulations discussions.

Richard’s new position will be in Playtech’s compliance team, and he will help them develop responsible gambling software.

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The CAP Creates New Advertising Rules for the UK Gambling Operators

Recently, there has been a lot of talk about Britain’s gambling regulations. The UK Gambling Commission and some other regulatory authorities have been evaluating current British gambling laws and looking for ways they can improve upon them. And now, we have the first results of these talks.

The UK’s Committee for Advertising Practices (CAP) has issued an updated advertising guide for gambling operators. All UK PayPal casinos, betting sites, slots operators, etc. will have to follow these new guidelines when advertising their services. If they fail to do so, the UK Advertising Standards Authority will have permission to issue financial punishments.

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High-Speed Daily Slot Races Come to the 888 Casino

Recently, 888 Casino added a brand new feature called Slot Races. All players at this online casino will be able to participate in these races and win some incredible prizes.

If you are a veteran casino player, then you are probably familiar with this type of competitive slots gameplay. In fact, Slot Races have been available on many UK PayPal casinos for a long time now; it’s 888 Casino who is late to the party, but better late than never.

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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 the estimated worth of the deal, which is somewhere in-between £3.2 and £4 billion.

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Paddy 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 the predatory practices of the online gambling operators. Even though those prepositions are just a part of a conversation, Paddy Power decided to take action.

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The 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 the proposed merger.

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UK 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 of what it was in 2005.

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Ireland 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.

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Shares 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, as well as some PayPal casinos like partypoker and PartyCasino, just to name a few.

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UK Considers Taxing Gambling Firms to Fund Addiction Programs

Bookmakers, PayPal casinos, betting sites, poker rooms beware! Earlier this week the Department for Digital Culture, Media, and Sport received a couple of recommendations for the changes to the UK gambling laws. The two most significant changes proposed are the ban of the credit cards for online gambling and the obligatory tax on gambling companies to help fund gambling addiction treatments and programs.

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The Success Story of The Biggest Online Payment System {PayPal}

In the chart of successfully growing businesses, PayPal rightfully occupies one of the top spots. Founded in late 90’s by Elon Musk and a group of enthusiasts, PayPal is now recognised as the world’s largest online payment processor.

After seeing some ups and downs, the company proliferated. Between years 2000 and 2002 PayPal grew big enough to finally announce its entry to the charts of NASDAQ with $13 per share. Later, PayPal merged with eBay for the tremendous $1.5 billion, becoming the only payment gateway for eBay users.

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