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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. 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. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing....
’ She purportedly moreover proclaimed that the operator intends to use the fresh capital ‘for investment into the core platform on which we offer our digital racing pools product’, which will give it the added ability ‘to expand into other sports.”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....
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.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.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....
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.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.”...
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.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.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....
