Fobt | World Casino News

William Hill and GVC Holdings expecting FOBT tax windfall

May 22, 2020

In the United Kingdom and prominent high street bookmakers William Hill and GVC Holdings are reportedly in line for a tax refund totalling around £350 million ($426.2 million) after a pair of their rivals preva...

Gambling Commission set to require Gamstop integration

Adam Morgan

September 4, 2019

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Technology, The Players Lounge, Online Gambling News, Licensing, United Kingdom

The United Kingdom Gambling Commission is reportedly set to require all licensed online casino and sportsbetting operators to sign up to the Gamstop self-exclusion system. According to a Sunday report from T...

William Hill blames new FOBTs rules on decision to shut up to 700 shops

Adam Morgan

July 6, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Economy/Finance, Employment & Careers, The Players Lounge, Sports betting, United Kingdom

In the United Kingdom, giant bookmaker William Hill has reportedly announced plans to close up to 700 shops as it looks to offset some £820 million ($1.02 billion) it is due to lose as a result of the nation’s ...

Gambling Commission warning prompts bookmakers’ removal of games; UKGC investigation continues

K Morrison

April 4, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Fines, Lawsuits & Litigation, United Kingdom

A warning from the United Kingdom's gambling watchdog has forced high street bookmakers, Betfred and Paddy Power Betfair, to remove two recently launched games from shops amid concerns they undermine a clampdow...

Matt Hancock to lead Department for Digital, Culture, Media and Sport

Adam Morgan

January 10, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, United Kingdom

In the United Kingdom, this week’s cabinet reshuffle by Prime Minister Theresa May has reportedly resulted in West Suffolk MP Matt Hancock (pictured) being appointed to lead the influential Department for Digit...

GVC to acquire Ladbrokes Coral

Lars Jones

December 26, 2017

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

Emerging megalith GVC Holdings PLC, winner of the battle for bwin.party, and takeovers of Betboo and Sportingbet has now seen Ladbrokes Coral accept an offer worth up to £4bn. The Foxy Bingo owner will control ...

Modest growth prediction for global casino industry in 2018

Adam Morgan

November 29, 2017

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance

A new report from Fitch Ratings Incorporated has predicted that gaming markets across the globe are likely to experience moderate growth next year thanks to relatively strong economies and a comparatively kind ...

Paddy Power Ex-CEO fought FOBTs against company interests

Alex Lanter

December 7, 2016

United Kingdom

The founder and former CEO of UK sport betting giant Paddy Power, Stewart Kenny, had lobbied against the introduction of FOBTs (fixed-odds betting terminals) in Ireland, UK news outlet The Times reveals. Namely...

FOBTs and Gambling Advertising to Be Reviewed by UK Government

Alex Lanter

October 25, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, United Kingdom

In alignment with their focus on keeping problem gambling at bay, the UK government has recently announced a plan to review the fixed odds betting terminals (FOBTs) found at UK sports betting providers under th...