New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.
State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.
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.
Sweden’s leading gambling trade associations Spelbranschens Riksförbund (SPER) and Branschföreningen för Onlinespel (BOS) have set out a new code of conduct for members to tackle concerns over excessive advertising in the newly-regulated market.
The Labour Party is to demand mandatory limits on player spending, staking and speed of play for online gaming as part of a root-and-branch overhaul of igaming regulation in England, Scotland and Wales.
The Senet Group, the UK-facing responsible gambling organisation, has published its official response to the Gambling Commission’s consultation on a new national strategy, calling for greater clarification on key strategic themes.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.
The Gambling Commission has warned licensees that using non-disclosure agreements in settlements with customers could prevent consumers from reporting their concerns to the regulator and place operators in breach of their licence conditions.
The Gambling Commission’s penchant for levying ever more punitive fines means any operator stepping out of line will need deep pockets, writes Joanne Christie. But are the penalties warranted – and are they having the desired effect?