Day: July 7, 2022

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UKGC, DCMS Clash over National Strategy to Reduce Gambling Harms

During a recent meeting, the boss of the Digital, Culture, Media, and Sport Committee (DCMS) clashed with the UK Gambling Commission’s (UKGC) boss over claims for insufficient effectiveness and transparency. Allwyn’s License Win Brings Legal Challenges The meeting took place last week Thursday and consisted of a debate between DCMS’ chair, Julian Knight and UKGC’s […]

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UK’s DCMS Abandoned Gambling Shirt Sponsorship Ban

British soccer will avoid the ban on shirt sponsorship according to a report in The Times which claims that the government backtracked on the measure and instead, elected to seek voluntary agreements with clubs. Backtracking on Radical Reforms The report claims that the proposal to stop betting companies from signing shirt sponsorships with soccer clubs […]

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Minister Philp Addressed Online Slots, Casinos, National Lottery

Online casinos and in particular slots will be the focus of the upcoming White Paper, suggested Gambling Minister Chris Philp at the Digital, Culture, Media and Sports (DCMS) Committee meeting today. Philp also told MPs any potential damage payment to Camelot would affect money for good causes. In the White Paper’s Crosshairs Minister Philp was […]

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Wynn’s $2B UAE Casino Resort Offers ‘Brand Extension’

A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort […]

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JP Morgan Says Re-Tendering of Macau Casino Licenses Imminent

In Summary: JP Morgan says that new re-tendering process may begin within days The firm’s analysts say that Macau is looking to complete the process on an expedited schedule Macau is likely to decide within three months of whether the incumbents will win new licenses Tuesday’s reveal of Macau’s re-tendering rules caught some by surprise. […]

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Gambling Policy Advisers May Be Lobbying Against Tougher Regulations

In Summary: MPs are to express their concern that gambling policy advisers have ties to the gambling industry In a letter to Britain’s PM, MPs will be asking for more transparency regarding direct and indirect connections to the sector New research has revealed that 38 MPs have enjoyed lavish gambling industry perks worth £280,000 ($334,523) […]

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