Posted on
by

The United Kingdom Gambling Commission says that roughly 430,000 people in the country have gambling problems. That is a sizable number of people in Britain that have been affected.

William HillThe new ad campaign is capturing attention and also raising eyebrows along the way. William Hill is a prominent gambling firm that wants to resuscitate their image along the way. That firm has proven to be an important leader in ways that have surprised many people. Follow the story and decide whether William Hill is still a trustworthy firm in their own right. The team hopes to revitalize their image in the coming years.

William Hill has renewed their commitment to preventing problem gambling. The firm has started some policy for change in the way people gamble. Their latest ad campaign is entitled ‘Nobody Harmed’, but it does focus on that issue. That demonstrates that the firm is concerned about the well being of gamblers. That is a big step forward for a firm that has worked hard in the past. People will want to consider the issue and think through how it could affect their lives. That explains why William Hill is proving to be a popular leader all over again.

The Gambling Commission has issued calls for firms to stop problem gambling. People are worried that far too many citizens are now concerned about the issue itself. The Gambling Commission has overseen some of these developments for quite some time now. The country has changed the way that they do business and people are following along. That is a big step in the right direction as well. Other firms have followed that cue in real time for those interested. Come to respect the important work that is getting done along the way. William Hill is a leader and wants to show that they still care.

William Hill has sent out a public service announcement that people want to consider. That could prove to be valuable and what service they will want to try. William Hill is maintaining their service catalog in ways that some will review. That announcement represented an effort to contact people with that problem. Gambling is a serious issue and should be taken with all due concern. William Hill is proving to be an important leader in that regard as well. There are steps that should be taken to keep people interested. These ideas are valuable for anyone with problem gambling issues themselves.

A representative actually said that they felt that they fell far short of their objective. They wanted to curtail problem gambling in the United Kingdom. But the firm has taken note of a few problems themselves. That explains the reasoning behind their latest ad campaign. That is a worthwhile step that people will take towards rehabilitation. William Hill has made an effort to change their official policy about gambling. The firm wants to educate people about these problems in advance. That could help everyone make real strides towards correcting problem gambling in the United Kingdom.

William Hill is going to target four main areas related to that issue. One includes how to identify a problem gambler when necessary. New staff members are being trained on that problem when they can. Support services are being extended to those who need the right kind of help. William Hill wants to get that work done right as is needed. That will showcase that the firm is taking the right measures. Their firm wants to maintain good standing with the gambling commission. Responsible gamblers are making a good case for these motions. William Hill is ready to do their part as is needed.

 

Posted on
by

The UK Gambling Commission (UKGC) has revealed that Ladbrokes misguided them at the period during which the investigations into the Black Dave case were ongoing.  The puzzle concluded yesterday after a statement was released warning bookmakers to be careful when dealing with Rule 4 deductions in horse racing.

LadbrokesLast year, David Evans was handed a fine by the ruling body that monitors the local racing environment for delays in releasing notifications of the non-runner, Tango Sky. The investigations found that this was a chance for him back Black Dave who was also a new entrant before the odds of Tango Sky were removed. During the time of placing his bet, Evans also told Ladbrokes that he intended to withdraw from Tango Sky if not for the change that happened shortly after he placed his bet.

Ladbrokes claimed that they were not sure what exactly had led to the reduction of Tango Sky’s odds soon after David Evans placed his bet as that the event took place about three years ago. The UK gambling regulatory body, however, managed to dig out evidence which proved that the bookmaker had made that action to increase the deductions that would be made from bets that won that had already been placed as stated in Rule 4. The commission showed that Ladbrokes had not been successful in reviewing the information that was available to them before providing inaccurate explanations as a watchdog that directly deals with the clients.

The Commission further indicated that the gambling operators must consider that the series of events that occurred in the Black Dave case as well as the Ladbrokes’ actions was a reminder that the relevance of the industry, in the long run, was dependent on customer trust. The commission further expressed that they would proceed to monitor the issue ad if required, would use its formal regulatory powers to punish the bookmaker that has been found in breach as well as the industry in general.

Ladbrokes was lucky to evade punishment even after they were found in breach of the terms discussed earlier. This was because their actions were not under the category of conditions that violated the license or the code of conduct that has been set by the UK Gambling Commission in relation to the terms of the application of Rule 4.

Moreover, Ladbrokes, which is a British Bookmaker, was credited with bringing the case before the local racing regulatory body on the day the race took place. During the period of the investigations being conducted, it turned out that the bookmaker saved a total of £7.70 only by cutting the price of Tango Sky which ultimately did not make any significant difference in its profits.

Ladbrokes released a statement on the issue saying that the company had initially interpreted the series of events that led to the price change incorrectly as the time it took place, but this had only become clear after the case was reviewed adequately. Moreover, the company also pointed out that as a matter of fact, the reduction of Tango Sky’s odds was in contravention of its trading policy at the time and showed that its trades had been signaled about it.

Following this case, the UK Gambling Commission has issued further information on how Rule 4 should be applied going forward. The UK Gambling Commission has been keen on monitoring the activities of bookmakers and has indicated that they will not relent on their quest to ensure that there is a fair playing ground for both gamblers and bookmakers.

 

Posted on
by

The Responsible Gambling Strategy Board (RGSB) has recently conducted a study focusing on the gambling problem that is continuously affecting our young generation, especially the teenagers.

Gambling ProblemGamble Aware, which is an industry charity has strongly supported this move, saying it could help in saving our children from falling victims to this dangerous trap known as betting. The RGSB has now informed government stakeholders as well as the UKGC on the exposure of young persons to gamble. The personal safety of these young individuals could also be compromised.

The RGSB has tabled a series of recommendations for the industry stakeholders and the government. This is to initiate the drive of implementing a stronger verification process for the players, cooperate in collecting the under 18 data regularly, as well as reducing marketing exposure to the youngsters.

The RGSB has now released its findings on child gambling, and at the same time, Gamble Aware has heightened its preparedness in launching a campaign for safer gambling all over the United Kingdom. This is being done with the main purpose to raise awareness of the problems associated with gambling, and enlighten the public of the health hazards of gambling and other harms that relate to the same. The RGSB has detailed that the number of children (mostly the teens) affected the gambling are in excess of 35,000. Furthermore, there could be more than 50,000 children at the teenage level who could be at the risk of falling into this trap.

According to Gamble Aware, through the remarks of Chief Executive Marc Etches, fighting gambling-related problems require firm regulatory action. He said that there is a great concern for our children as for every 10 teenagers, one is a regular gambler. He also welcomed the focus that the Gambling Commission has put into this issue, so as to protect the children from being brainwashed by this problem early in life.

Marc Etches suggests that if a real and long-lasting impact has to be made, stern action is then required from parents, teachers and other family members. For this to succeed, it’s a dire need to heighten public debate about the position and role of gambling in the society, as well as what best can be done to protect young people and children from being harmed by gambling addiction. The gambling commission, in turn, notes that, a lot of support is required from a wide range of government departments and other influential agencies because it has been recognized that harms related to gambling are health issues and requires the full attention of everyone.

 

Posted on
by

Betfred is one of the most popular bookmakers in the country. As part of its responsibility to various stakeholders, the company issues annual statements of the financial position and the income levels. In its latest financial report, the firm announced huge losses; this was not expected as its revenues had grown within the financial year.

According to the recent report, the revenue levels increased to £634.5 million, a 9.6% rise from the 2015/2016 financial year. The losses were estimated at 10s of millions. Betfred is a privately owned company. The earnings were estimated at £83.3 million, a 3% increase from the previous year. To diversify its financial gains, the firm has several investment platforms. The total earnings from the betting platforms also rose by 17.5% to reach £12.7 billion. The increased revenues were attributed to the firm’s decision to add the number of betting shops available to their

The decision was arrived at after agreeing with the Hong Kong Jockey Club; this led to a significant increase in the number of online customers. The online betting platform’s revenue improved by 3%, this is according to the Regulus analysts. The losses were estimated at £13.4 million. In the 2015/2016 financial year, Betfred had profit margins of £32.4 million. According to the bookmaker, the operating losses were as a result of the decline in the goodwill from the digital assets, more responsibilities, and the operating costs. The high tax rates for betting firms have led to adverse effects to many firms in the industry. Some opponents have argued that the move by the firm’s founder, Fred done, to take £10.2 million in the form of dividends had a negative impact on the final financial results. The pioneer of the organization is also said to have taken the same amount during the 2015/2016 fiscal year.

Some sources have disclosed the bookmaker’s plans to close about 900 betting shops situated at different locations in the country. The move would also lead to loss of jobs to about 4500 of the employees. The firm would take action if the government passed legislation that would lower the maximum stake on fixed odds from £100 to £2. The government pointed out that the law would take effect from 2020 to give more room for more consultations among the stakeholders in the industry. The firm has invested a lot of resources to its retail line of business. Regulus attributed more than 80% of the bookmaker’s income to the segment. The analysts suggested radical structural changes for the firm to survive in the changing business environment. Failure to which it would experience more financial losses. Betfred has not had a good relationship with different players in the racing industry. The firm has held talks with Alizeti Capital to sell one of its subsidiary, Tote Holdings.

The government proposed the changes in the gaming industry due to the rising concerns over the gambling industry. According to the UK government, the industry required some regulation as there was evidence to show increased addiction to betting. The most affected individuals were the youths. With the changes in Law, it was expected that people would engage in activities that were more productive. According to Betfred’s managing director, the new law would have a negative impact on the gaming industry. Other than fewer profits for the bookmakers, he pointed out that thousands of individuals would lose their jobs and low tax collections and eventually slow down the economic growth. He urged the government to use alternative measures to curb the gambling activities in the country.

Posted on
by

The award-winning online instant win games supplier, IWG, has delivered their full portfolio to the largest bingo sportsbook in the United Kingdom, Sky Bingo, as part of their expansion of its commercial operators.

For the first time, the games will be accessible on the Sky Bingo site as part of the agreement. IWG games, Cash Buster, are now live on the bingo site as a result of integration with IWG’s progressive play RGS. According to Robert Proctor, who is the content and commercial manager at Sky Betting and Gaming, it was a natural choice to partner with the leading supplier in the instant win game space. He added that the firm had been impressed with the standard of games which comes with an easy integration through progressive play. He also promised that their clients would enjoy IWG classics, including Cash Buster series on a daily basis.

 

The CEO at IWG, Rhydian Fisher said that they were thrilled to provide the UK’s largest bingo sportsbook with the quality portfolio of games. He added that the latest agreement was an indication of the growing demand for instant win games as well as their dedicated services. The agreement, however, does not cause any changes in the quality of services provided by the firm; it instead is a boost to the variety of services offered by IWG ensuring that the lovers of online instant win games through the UK enjoy their services following a seamless integration with the progressive play RGS network.

 

For the past 15 years, IWG has been providing its clients, lotteries, with instant win services which are online; this has led to the production of over two hundred and fifty high-quality instant win games. In 2017, the firm won a B2B award as the supplier of the year for an online lottery.