property raffle.

A new property raffle website claims to be within gambling laws and offer a legitimate way to sell your house. (Image: fundraiserinsight.org)

The man behind a new house raffle site believes his venture is not only an affordable way for people to get on the property ladder but a legitimate gambling entity.

Following the launch of his website, Raffle House, Londoner Benno Spencer told This is Money that his plan is to run a business within the parameters of UK gambling laws.

The first property users can buy raffle tickets for is a one-bedroom flat in Brixton worth an … Read more

New research suggests that loot boxes will become a £32 billion industry by 2022, prompting further calls for so-called skin gambling to be regulated.

Loot boxes Overwatch.  

Loot boxes like the one shown in this image from Overwatch could be worth £32 billion by 2022. (Image: overwatch.wikia.com)

According to a report by Juniper Research, the video game feature that allows players to unlock special prizes is becoming increasingly popular.

Outlining the latest findings in a paper published on April 17, Juniper’s researchers believe the market will be worth £32 billion within the next four years.

Skins Are Worth Something

Otherwise known as skins, … Read more

Tiger Roll Grand National

A record number of punters made bets online prior to Tiger Roll crossing the finish line first in the 2018 Grand National. (Image: uk.sports.yahoo.com)

The 2018 Grand National prompted an increase in online betting activity as multiple companies reported record-breaking figures.

Following the completion of the world’s most anticipated steeplechase event on April 14, the numbers have shown just how important the race is for the British betting industry.

Reviewing the number of online payments processed in the lead up to the Aintree race, SafeCharge recorded a 60 percent increase in activity compared to 2017.

Fast and Furious Action Online

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Snaitech stand.

A Snaitech conference stand shows off the companies wares ahead of its £252 million deal with Playtech. Image: investindustrial.com)

UK software supplier Playtech has agreed to buy a 70.6 percent stake in Italy’s largest gaming company, Snaitech.

Announced on April 12, the deal will cost Playtech £252 million and see the company increase its presence in another regulated market.

Under the terms agreed, the initial transaction is expected to conclude in the third quarter of 2018, with things being wrapped up by the close of the year.

A Move Away from Unregulated Markets

Also contained within the agreement will be … Read more

All-In Diversity Project.

Microgaming is set to work with the All-In Diversity Project and push for more equality in the gambling industry. (Image: YouTube/Kelly Kehn)

Microgaming has partnered with British-based initiative the All-In Diversity Project to help establish a set of industry standards for measuring and implementing inclusion and equality.

Announced on April 10, the deal will see Microgaming become a founding member alongside other gaming providers such as IGT, Kindred and GiG.

Although the All-In Diversity Project isn’t an official regulatory or rule-making entity like the UK Gambling Commission (UKGC), it hopes to create a set of accepted codes of … Read more

One for Arthur Grand National 2017.  

One for Arthur takes the Grand National title in 2017 as bookmakers prepare for a betting frenzy in 2018. (Image: Twitter/@AtTheRaces)

The 2018 Grand National is set to get underway on April 14 and this year the bookmakers are gearing up for another multimillion pound race.

Before the 40 runners and riders line-up on the starting line at Aintree, bookies across the country are expecting somewhere in the region of £300 million in wagers.

In 2017, the leading jump race in the world was screened on ITV for the first time, a move experts predicted would lead to impressive viewing … Read more

UK bingo and casino operator the Rank Group has issued a profit warning despite reporting positive growth from its digital platforms.

Rank Group profit warning.

The Rank Group has issued a profit warning, despite its online portals showing year-on-year improvements. (Image: moziru.com)

In a report published on April 5, the gaming brand noted a 2 percent drop in like-for-like revenue in the 13 weeks to April 1. According to the figures, the drop in overall earnings was due to a slowdown in live takings.

Adverse Conditions Put a Freeze on Rank’s Revenue

Two cold snaps have been blamed for a decrease in footfall to … Read more

PokerStars has been forced to cancel a TV advert after the Advertising Standard Agency (ASA) deemed it socially irresponsible.

PokerStars banned advert.

A PokerStars advert has been canned after it falsely implied that anyone can become a great poker player. (Image: Vimeo/PokerStars)

Assessing the online poker site’s recent campaign, the ASA ruled that the advert about bluffing gave novice players a false sense of confidence in relation to the game.

Although it accepted that trying to dupe an opponent is part of poker, the suggestion that someone could use experiences from everyday life to master the technique was considered misleading.

False Claims About

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The latest move against fixed odds betting terminals (FOBTs) hasn’t come from the UK Gambling Commission (UKGC) but Dundee University.

FOBTs

Dundee University’s Student Union has decided to implement a ban on FOBTs. (Image: YouTube/Martin F)

With the government considering the status of FOBTs across the country at large, Dundee University’s Students Union’s Representative Council has taken matters into its own hands. After surveying students, the representative body voted in favour of a ban on FOBTs.

“Today’s students study in an ever-increasing high-pressure environment, where habits and addictions can easily form. DUSA are committed to providing a venue which looks … Read more

Grosvenor Casino’s UK Student Poker Championship is expected to draw one of its biggest ever fields when this main event gets underway on April 4.

UK Student Poker Championship.

Grosvenor’s tournament team expects its annual student showdown to attract upwards of 1,000 players. (Image: gukpt.com)

With the annual student showdown just days away, Grosvenor’s live tournament team is expecting the final number of entrants to hit the 1,000-mark.

The UK betting operator has been offering online satellites to the £37 main event for the last few weeks, with more than 100 players bagging a place in the tournament for just £0.25.

Affordable Entry Should

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