PokerStars Parent The Stars Group Acquired by Flutter Entertainment
In what is shaping up to be the most significant poker news of the year, The Stars Group, parent company of PokerStars, announced on Wednesday that has been acquired by …
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UKGC Targets FOBT Wager-Cap Workarounds with Warnings, Threatened Fines
Attempts by United Kingdom-based betting-shop operators to offer new products offerings a workaround of sorts to the recently-slashed cap on FOBT (Fixed Odds Betting Terminal) wagers are receiving a stern …
UK Law Firm Plans Clawback Lawsuit Targeting William Hill, Paddy Power Over Embezzled Funds
Here’s an interesting story emanating from the United Kingdom, where in a not-unforseeable development, a British law firm is threatening “clawback” lawsuits targeting prominent bookmakers William Hill and PaddyPower Betfair …
UK Gambling Commission Fines Paddy Power Betfair £2.2 Million for Responsible-Gambling Failures
The United Kingdom Gambling Commission (UKGC) has slapped a £2.2 million (about US $2.89 million or €2.5 million) on famed Irish gambling powerhouse Paddy Power Betfair over five separate cases from …
UKGC Warns Operators Over Potential Youth-Aimed Advertising
The United Kingdom Gambling Commission (UKGC) has sent out a warning letter to the roughly 450 online gambling operators over advertising that might target underage gamblers, intentionally or not. The …
Paddy Power Agrees to UK Settlement in Problem Gambling, Money Laundering Incidents
Famed Irish sportsbook Paddy Power has agreed to a “voluntary settlement” with the United Kingdom Gambling Commission [UKGC] to resolve alleged lapses in oversight regarding the company’s monitoring and reporting …
Betfair Plans Exit from Canada Online Gambling Market
With little fanfare and absolutely no corporate announcement to date, prominent European online gambling site Betfair will be ending its Canada-facing gambling services, effective January 14th, 2016. Little explanation was …
Betfair, Paddy Power Shareholders Approve Merger
Shareholders from both Betfair and Paddy Power overwhelmingly approved the merger of the two companies on Monday, paving the way for the finalization of the deal in the coming months. …
Paddy Power, Betfair Announce Merger
The online gaming industry continued its trend toward consolidation Wednesday as European rivals Paddy Power and Betfair agreed to merge into a combined company with annual revenues of €1.5 billion …
Four UK Gambling Firms Propose Ad Self-Regulation
Four UK gambling firms with major brand recognition have announced that they have joined forces to address various public concerns regarding gambling advertising and availability in the UK. The four firms …
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