Nick Rust, chief executive of the British Horseracing Committee (BHA), has said that the proposed merger between Ladbrokes and Gala Coral would have an adverse impact on customers and the UK's horseracing and greyhound industries.
The UK Gambling Commission (UKGC) has said in a new report that although gross gambling yield from remote betting, bingo and casino sources remains steady, it noted a decline in the number of land-based facilities in the national market.
The UK Gambling Commission (UKGC) has announced that Betfred is to pay over £800,000 (€1 million/1$1.1 million) in compensation and in contribution towards socially responsible causes as part of a regulatory settlement following a licence review by the organisation.
Gala Coral has agreed to forfeit more than £846,000 (€1.1 million/$1.2 million) after the UK Gambling Commission (UKGC) ruled the operator made a series of failings related to its anti-money laundering and social responsibility processes.
The UK’s Competition and Markets Authority (CMA) has delayed a provisional ruling on the proposed merger between Gala Coral and Ladbrokes, with a source citing issues regarding branch disposal as a possible reason behind the decision.
NYX Gaming Group has agreed a deal to acquire OpenBet, with bookmaking giant William Hill supporting the move by investing £80 million (€100.5 million/$114.5 million) into NYX under a commercial agreement with the firm.
Amaya has suffered a heavy drop in its share price after it was revealed that chief executive David Baazov will face five charges of insider trading in regards to the company’s acquisition of Oldford Group, the owner of PokerStars.