Daily news

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    Banking group HSBC UK has joined forces with industry charities GamCare and GambleAware to develop and launch a new self-restriction tool to enable its customers to block gambling transactions on their accounts.

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    Various major operators have declared their support for a new, UK-facing safer gambling initiative aimed at addressing the harm gambling can cause to consumers and young people.

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    Problem gambling funding body GambleAware has appointed Peter Holt as its new chief financial officer. Holt most recently worked for Health Education England and also spent time with the NHS.

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    Rank Group, the parent company of Mecca Bingo and Grosvenor Casinos, has finalised its acquisition of online casino and bingo operator Stride Gaming. Stride Shares will cease trading on AIM at 7.00am on October 7.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    Land-based operator Casino 36 has agreed a £300,000 penalty package with the GB Gambling Commission for money laundering and social responsibility failures, the regulator has announced.

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    TV Global Enterprises, operator of the Latin America-facing betting and gaming brand BetCris, has become the latest operator to join the race for one of Buenos Aires province’s seven igaming licences.

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    The Gambling Commission has joined forces with partners in Wales to develop a new national strategy, with the aim of reducing gambling-related harms in the country.

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    Isle of Man based igaming software supplier Microgaming has appointed Leon Thomas as its new managing director of bingo.

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    The Rank Group has reached an agreement on an all cash offer to acquire Stride Gaming, paying 151 pence per share for the business. This values Stride at £115.3m. 

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    European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.

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    GambleAware has reiterated calls for UK operators to offer further financial support its problem gambling efforts after revealing that industry funding failed to meet its 2018-19 target.

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    The UK Gambling Commission and Competition and Markets Authority (CMA) have published a joint letter calling for operators to pay closer attention to consumer protection law to help ensure players have access to a fair and transparent market.

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    The UK Gambling Commission has set out its business plan for 2019-20, with a continued focus on protecting consumers, preventing gambling-related harm and raising overall standards in the industry.

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    Aspers, Caesars, Genting, Playtech and the Rank Group have all signed up as new partners of UK-facing responsible gambling body the Senet Group.

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    The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.

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    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

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    Digital performance marketing solutions provider XLMedia has reported a 14.4% decrease in revenue for 2018, which it attributed to a number of regulatory issues impacting performance over the year.

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