A senior member of UK political party the Liberal Democrats has called on the government to take further action on fixed odds betting terminals (FOBTs) and to reduce the amount players can stake on such machines.
Shareholders and creditors of Spanish and Latin American focused gambling operator Codere have reached an agreement on a €1.1 billion ($1.4 billion) debt restructuring that will allow bondholders to take control of the company.
The UK’s Advertising Standards Authority (ASA) has banned two poster adverts by Ladbrokes that promoted the bookmaker’s ‘Ladbrokes Life’ campaign after ruling they condoned an “irresponsible attitude to gambling”.
Leading bookmakers Ladbrokes, William Hill, Gala Coral and Paddy Power have announced the establishment of a new voluntary self-regulation scheme as part of a commitment to ensure more responsible advertising.
Sportsbook and online gaming software specialist OpenBet has announced that its new Bet-In-Play (BIP) Terminal tablet-based application is to be rolled out across the retail shops of UK bookmaker Coral.
The UK Gambling Commission has issued a warning to operators in the country to improve their underage gambling controls after a round of test purchasing by the regulatory body and local authorities revealed a number of faults.
Ladbrokes revealed that its online business generated only £3 million (€3.8 million/$5 million) in operating profits in the first half of 2014 as the UK bookmaker confirmed that pre-tax profits had halved year-on-year in the six months through to the end of June.