IG Group has responded to the introduction of new advertising regulations by the French Autorité des marchés financiers (AMF) regulatory body, saying it does not believe such measures will have a negative impact on business.
Camelot, the operator of the UK National Lottery, has been fined £3 million (€3.6 million/$3.7 million) after an investigation by the UK Gambling Commission into allegations of a fraudulent prize claim and payout.
Sportech’s long-running dispute over a VAT repayment of £93 million (€110.2 million/$117 million) in the UK has finally come to an end after Her Majesty’s Revenue and Customs (HMRC) was denied permission to appeal by the Supreme Court.
Financial trading companies lost almost £2 billion (€2.3 billion/$2.5 billion) yesterday (Tuesday) after the Financial Conduct Authority (FCA) proposed rule changes for firms selling contract for difference (CFD) products to retail customers.
The UK’s Financial Conduct Authority (FCA) has today (Tuesday) proposed a new set of rules for firms selling contract for difference (CFD) products to retail customers in an effort to improve standards across the sector.
Ladbrokes has cited growth in its digital business as one of the main reasons behind a rise in revenue in the third quarter, while Boylesports has said it will review the sale of Ladbrokes and Coral shops to Betfred and Stan James.