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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.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.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. 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.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....
Reportedly read a statement from the Betting and Gaming Council…“It is important that Spacious scope:The nefree spins no deposit required tv advert wngwwspaper 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.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.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....
Industry unease:The Guardian reported that the upcoming review has prompted concern from numerous online casino and sportsbetting firms with the Betting and Gaming Council lobby group warning that the implementation of overly-strict rules may well fuel the emergence of a parallel market featuring negligible customer safety protocols.’Gill reportedly stated…“This will ensure that the Tote can appeal to a broader base of sports fans who have not, as yet, chosen to bet with the Tote. 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....
