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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. 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....
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. 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.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 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.Reportedly read a statement from the Betting and Gaming Council…“It is important that 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....
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. Such firms may purportedly moreover be required to begin performing enhanced player affordability checks and establish a new ‘single customer view’ policy where multiple firms would pool information on potentially vulnerable clients.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....
