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It was taken over by a consortium of racing owners and investors calling itself Alizeti Capital Limited in October of last year and is said to be eager to expand well beyond its traditional horseracing-focused market. The move will purportedly no doubt also be welcomed by advocates for tighter regulations, which include a group of more than 50 parliamentarians alongside those who may be recovering from an addiction to gambling.”...
Enduring obligation:Susannah Gill serves as Communications and Corporate Affairs Director for UK Tote Grblackjack dealer tie yocqoup and she reportedly told Gambling Insider that her firm has ‘made a long-term commitment to rejuvenating the Tote and increasing pool betting on British racing.Imminent introduction:Insiders reportedly told Sky News that UK Tote Group now expects to use the fresh capital to strengthen its balance sheet and fund its entry into the domestic football betting scene.riday report from Sky News, the Wigan-headquartered firm is responsible for the Tote pool bet horseracing service and is hoping that the move will help it to more quickly recover from the financial impacts of the ongoing coronavirus pandemic....
According to a Friday report from The Guardian newspaper, the evaluation of the Gambling Act 2005 is due to be conducted by the Department for Digital, Culture, Media and Sport (DCMS) amid mounting concerns regarding online gambling’s role in wider society.Spacious scope:The neblackjack dealer tie yocqwspaper reported that the broad review into the legislation ratified during the administration of former Prime Minister Tony Blair is to commence with a ‘terms of reference’ stage under the direction of Sports Minister Nigel Huddleston (pictured) before moving on to consider multiple ways in which the country’s iGaming landscape may be made safer and less prone to abuse.In the United Kingdom and a wide-ranging review into existing gambling laws is reportedly set to be launched from later this week that could result in locally-licensed iGaming firms being required to institute a more stringent range of protections and controls....
Although its business has purportedly been performing well since the behind-closed-doors resumption of the British racing calendar in June, the operator is nevertheless eager to enter a market that was last year estimated to be worth at least 0 billion.The DCMS is to reportedly furthermore look into the prospect of requiring licensed iGaming firms to slow the speed of slot spins and submit to a revised testing regime that could set bespoke wagering limits for individual games.Possible protections:The Guardian reported that the enquiry could well result in iGaming operators licensed in the United Kingdom being obliged to introduce maximum stake levels in addition to monthly loss ceilings....
Divergent direction:Previously a state-owned enterprise, the UK Tote Group was purchased by British online and land-based sportsbetting behemoth BetFred in July of 2011 as part of a deal that was said to be worth around ￡265 million (5. The source furthermore detailed that the operator is hoping to debut a new soccer-facing service early next year before possibly growing this facility to incorporate markets on other sports such as athletics. The source furthermore detailed that the operator is hoping to debut a new soccer-facing service early next year before possibly growing this facility to incorporate markets on other sports such as athletics....
