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.
Amaya has announced that chairman and chief executive David Baazov is to take an indefinite voluntary paid leave of absence from the company in order to focus on his potential acquisition of the firm and respond to allegations made against him by the Autorité des marchés financiers (AMF).
Betfair and Paddy Power have announced that they have received approval from the High Court of Justice of England and Wales regarding their proposed merger, with the new combined company due to begin trading tomorrow (Tuesday).
bwin.party has announced that it has suspended trading shares on the Official List of the UK Listing Authority and the London Stock Exchange’s main market for listed securities after securing approval for the scheme of arrangement regarding its acquisition by GVC.
The UK Competitions and Markets Authority (CMA) has announced that it will make a decision on the proposed merger of Ladbrokes and Gala Coral by June 24, after opting to proceed with a ‘fast track’ investigation of the agreement.