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 Responsible Gambling Trust (RGT) has moved to strengthen a new project designed to help people avoid gambling-related harm by commissioning PricewaterhouseCoopers (PwC) to independently evaluate the initiative.
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.
Paddy Power Betfair has unveiled initial plans to cut almost 10% of its overall workforce following the merger of the existing Paddy Power and Betfair brands, as part of a move to save £50 million (€62.6 million/$71.2 million).
The Malta Gaming Authority (MGA) national regulatory body has agreed a deal with Microsoft Malta to implement the latest customer relationship management (CRM) systems to automate its gaming and licensee management processes.