Category: Gambling

Vlad Tenev, the co-founder and CEO of online trading platform Robinhood, has openly criticized the United Kingdom’s stringent regulatory approach to cryptocurrency, describing it as “backward” compared to the country’s more lenient stance on gambling. In a recent interview with The Times, Tenev expressed his desire to expand Robinhood’s crypto trading services into the UK...

Co-founder and CEO of Robinhood, Vlad Tenev, commented on Britain’s hawkish approach to crypto, especially when compared to gambling. In an interview with the Times, Tenev expressed his desire to expand Robinhood’s business into the UK, highlighting its potential to become a “financial home in the UK market.” Robinhood first began offering shares to the...

Article By James Leyfield Experience James Leyfield is a freelance betting, sport and entertainment writer. He has worked for a number of national publications, including MailOnline, The Sun, and the Daily Mirror, and has experience writing tips for sports and celebrity events. Read Full Bio Url copied! Last Updated:  Nov 15, 2024 © PA For...

Digital gambling is a growing business. With that comes regulation to protect players’ rights and develop justice principles. While NZ & the UK have methods for overseeing gambling, they follow unique approaches. They’ve been developing mechanisms for gambling age, player protection, problem gaming, and more. But, there’s a difference in details due to differing priorities...

Online gaming solutions provider Comtrade Gaming has obtained a supplier license from the United Kingdom Gambling Commission (UKGC). According to the company, the license will allow players in the UK to access a range of games from the CG Games portfolio, including Witch Crash’d, Pilot Piggy, Sweet Treasures, Wild Minner, Diamond King, Diamonds in the Sky, White...

The United Kingdom is steadily moving towards a cashless economy, and the gambling industry is being compelled to adapt. The rise of digital payments is transforming many sectors, and casinos are no exception. While online platforms have quickly embraced this shift, for example, you can check this offshore casino sites, traditional land-based casinos face a...

The Betting and Gaming Council (BGC) has marked its fifth anniversary with the launch of an extensive Code Handbook, consolidating over 100 measures under 20 codes that its members are obliged to follow. This release underscores the industry’s ongoing commitment to exceed standard regulatory requirements and enhance gambling safety and integrity in the UK. Elevating industry standards beyond regulatory requirements:...

However, as brick-and-mortar casinos are facing a lot of competition from their online counterparts, the push for modern payment methods in the casino industry is becoming urgent. New online casinos are already capitalising on the flexibility and convenience of cashless payments. By offering it, they can provide easy deposits, fast withdrawals, and 10% cashback opportunities...

The UK gambling industry recently navigated potential financial upheaval with the announcement that the autumn budget would not implement the anticipated increases in gambling duties. This decision is welcomed by the sector, particularly as it continues to support substantial economic activities and national sports. Stable taxes support industry growth: Grainne Hurst, CEO of the Betting and...

Innovate Change reports on safer gambling week in the UK Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook “f” mark. Google...

The Gambling Commission has published its latest data on the gambling industry in Great Britain. The report shows a gross gambling yield (GGY) of £1.32 billion ($1.69 billion) in the three months to 30 September as slots revenue hits a new record high. The figures for Q3 did not surpass the previous quarter’s £1.46 billion in GGY. The...