UK gambling sector workers earn 21.2% less than national average, ministry finds Zak Thomas-Akoo, iGaming Business · June 28, 2022 at 5:50 pm The Department for Digital, Culture, Media and Sport (DCMS) has found that the median wage for a worker in the gambling sector for 2021 was £10.64, 21.2% below the national average pay. The department published the statistical findings in a report collating economic data from January to December 2021 – however the department cautioned against too broad a reading of the statistics for the … [Read more...]
Dutch regulator’s chief questions whether industry is “capable of self-regulation” Daniel O'Boyle, iGaming Business · June 28, 2022 at 5:47 pm René Jansen, chair of Dutch regulator de Kansspelautoriteit (KSA), has questioned whether self-regulation is possible within the gambling industry, as he expressed his continued frustration with operators that “look for the edges of the law”. In a blog post, Jansen looked back on a roundtable discussion on gambling in the House of Representatives, in which he participated. This discussion … [Read more...]
Sportradar introduces “all-in-one” sportsbook solution for betting operators Ted Menmuir, SBC News · June 27, 2022 at 6:00 pm Sports betting technology provider Sportradar AG has confirmed the launch today of ‘ORAKO’ – an all-in-one sportsbook solution for betting operators seeking to introduce sports wagering or enhance their existing offer. ORAKO comes packed with the technology, products and tools operators need to quickly launch and establish an omnichannel sports betting service for customers. It is, the firm … [Read more...]
In deal with unions, Holland Casino agrees to blanket pay rises despite revenue dip Richard Mulligan, iGaming Business · June 27, 2022 at 5:53 pm Holland Casino employees will receive a €350 one-off payment in July as part of an extensive new collective labour agreement with two trade unions. The negotiated agreement, which runs until the end of September 2023, sees a series of wage commitments and one-off payments following weeks of discussions with FNV, the Netherlands’ largest trades union confederation, and De Unie. Wages for all … [Read more...]
UK Gambling Commission to revise licensing regime Gambling Insider · June 27, 2022 at 5:50 pm The Gambling Commission has announced plans to introduce a new licensing operation system. The current system gives each gambling operator a dedicated account manager. However, due to increased demand, the Gambling Commission will move away from this method of operating, establishing four sub-groups each dedicated to processing different stages and forms of licensing. The four sub-groups and … [Read more...]
Australia: ‘Not running a flower shop’: Star still not suitable to run a casino, inquiry told Colin Kruger, The Age · June 27, 2022 at 6:46 am The Star Entertainment Group will not be suitable to hold a casino licence until it has decisively rectified its dysfunctional internal culture and risk management failures, according to lawyers assisting a government an inquiry into the company. On the final day of NSW hearings into casino giant, counsel assisting the inquiry Naomi Sharp, SC, accused the casino operator of belated, and limited … [Read more...]
Betfred expands in South Africa, acquires controlling stake in online betting operator LottoStar Marese O'Hagan, iGaming Business · June 26, 2022 at 12:44 pm Betfred has entered into a partnership with LottoStar, South Africa's biggest online betting operator. As part of the partnership, Betfred has taken a majority shareholding in LottoStar, which offers fixed-odds number betting and live games. This deal builds on Betfred’s presence in South Africa, where it currently operates 53 shops. Betfred also operates an online gaming arm in the country, … [Read more...]
20,000 sign petition calling on English Premier League club Everton to drop betting sponsor Alistair Magowan, BBC Sport · June 26, 2022 at 12:36 pm More than 20,000 people have signed an online petition calling for Everton to drop their new gambling sponsor. The club announced the "record" deal with online casino stake.com two weeks ago, meaning logos will appear on men's and women's team shirts next season. But there has been criticism from fans, with campaigners calling the move "saddening". Everton have previously said betting … [Read more...]
UK: William Hill CEO steps down as 888’s takeover set to close this week Bill Barber, Racing Post · June 26, 2022 at 12:31 pm Ulrik Bengtsson has stepped down as chief executive of William Hill as the acquisition of the bookmaker by 888 nears completion. Bengtsson, who joined Hills as chief digital officer in 2018, succeeded Philip Bowcock in the autumn of 2019 and during his tenure oversaw the company's £2.9 billion takeover by Caesars Entertainment. However, the US casino giant had made clear it only wanted to … [Read more...]
From casinos to houses: Why Australia remains a money laundering haven Anne Hyland, The Sydney Morning Herald · June 25, 2022 at 3:30 pm As the inquiry into the Star casino draws to a close, here’s a question: where did all the laundered money go? Did the millions, possibly billions, of cash ‘washed’ through Star casino end up being spent on property, helping push up already record houses prices, or was it invested into cash intensive businesses, such as bars and nightclubs, or into goods such as luxury cars or jewellery? Ditto … [Read more...]
