OCUK News Centre

Brits Triumph but American Sam Soverel Dominates British Poker Open

It may be the British Poker Open but the North Americans are dominating the London-based festival.

Since Canada’s Lucas Greenwood took the first title last week, the action has been hot inside Aspers Casino Stratford.

Not wanting to let his brother steal the limelight, Sam Greenwood also stepped onto the winner’s rostrum in Event #4.

Family Affair for Greenwood Brothers

Anteing up £10,000 to play in the Short Deck Hold’em showdown, Greenwood came through the 24-player field to take home £110,400.

Interestingly, the American had to overcome Robert Flink to earn his first British Poker Open title. The Swede … Read more

British Poker Open Caps Off Another Sizzling Summer in London

The summer might be drawing to a close but London’s poker scene is still burning hot thanks to the inaugural British Poker Open.

Just weeks after Triton London set records, Poker Central’s new event got underway on September 2.

Taking place inside Aspers Casino Stratford, the 14-day festival will see some of the world’s best descend on the UK’s capital.

British Poker Open to Attract International Field

The star of the show will be the Super High Roller Bowl London on September 13. However, before the £250,000 showdown starts, the British Poker Open kicked off with a £10,000 opener.

Although … Read more

Grosvenor Casinos Invests in Brighton Project Despite Offline Revenue Slump

Grosvenor Casinos may have seen a drop in offline revenue recently but that isn’t slowing down its expansion efforts.

Following a new deal with Coventry’s Ricoh Arena, the UK gaming operator has announced a new casino development.

Set to enhance the current Grosvenor Casino Brighton complex, the project will transform the city’s former Art Deco cinema.

Multiple Ways to Have Fun Inside Pier Nine

News of the plans was made public on August 27 and early estimates put the renovation costs at £5.2 million. For that price, Pier Nine, as the venue will be known, will feature a range … Read more

Rank Group, the parent company of Grosvenor Casinos and Mecca Bingo, has said digital innovations and cost-cutting have helped revive its flagging finances.

Publishing its preliminary results for the 12 months to June 30, 2019, Rank showed a 22 percent slump in operating profit.

Fuelling the drop from £50.1 million to £39 million over the last year was decreased footfall and a decline in high roller spending.

Offline Revenue Falls

As outlined in the August 22 report, revenue on a like-for-like basis across its network of live venues was down two percent. However, despite offline earnings taking a dive, the … Read more

Grosvenor Casinos Makes Move to Keep Goliath Inside Ricoh Arena

Grosvenor Casinos will continue its relationship with Coventry’s Ricoh Arena meaning its successful Goliath should remain in place for the next decade.

Announced on August 21, the new deal will extend Grosvenor’s lease for another ten years. In renewing the partnership, Ricoh Arena expects the relationship to be mutually beneficial for all parties.

Everyone Wins with Ricoh Arena Deal

Since striking up a partnership in 2009, Grosvenor Casino and the entertainment complex have hosted thousands of customers. Indeed, thanks to investments totalling £1.6 million, the casino now attracts 250,000 visitors every year.

For the owners of Ricoh Arena, the Wasps … Read more

Fixed odds betting terminals (FOBTs) and tighter regulations aren’t hampering growth at GVC Holdings according to the operator’s latest financial filing.

Summarising its H1 results and looking forward to the end of 2019, GVC’s CEO Kenneth Alexander way buoyant on August 15.

Describing the company’s online operating model as “highly effective,” Alexander is confident full-year profits will exceed previous expectations.

Online Gaming at GVC Holdings Exceeds Expectations

According to the interim report, proforma net gaming revenue (NGR) is five percent ahead of projections at £1.8 billion. Contributing to that improved full-year projection is a 17 percent surge in online gaming … Read more

Wayne Rooney’s move to Derby County has angered retired MP Richard Caborn after it was revealed his shirt number will promote 32Red.

Speaking to The Daily Telegraph, Caborn said the decision to give Rooney the number 32 shirt was “crass.”

The Labour politician had been instrumental in putting together the 2005 Gambling Act but feels the industry has taken some wrong turns in recent years.

Industry Support Hit Out at 32Red Stunt

During his tenure Minister of Sport, Caborn was in favour of reforming the gambling. Seeing it as an opportunity to generate much-needed investment, he lent his support to … Read more

The UK betting industry may have found a new friend inside Westminster as Rebecca Pow will now oversee gambling, lotteries and horse racing.

Pow was already Parliamentary Under Secretary of State for Arts, Heritage and Tourism at the Department for Digital, Culture, Media and Sport (DCMS).

However, following the appointment of Boris Johnson as Prime Minster, she’s been given direct responsibility for the UK betting industry.

Racing Links Make Pow Ideal

The appointment is being hailed as a win due to Pow’s links with racing. Although she doesn’t have any formal interests in the sport, she is an enthusiast.

In … Read more

UK Betting Operators Under Threat Following Royal Ascot Blunder

Seven UK betting operators could have their licences suspended and, possibly, revoked after serving underage customers at Royal Ascot.

A July 30 update from the UK Gambling Commission (UKGC) informed readers that serious failures had occurred at the June event.

Wanting to test the effectiveness of on-course age verification measures, the regulator sent a decoy to Royal Ascot.

Royal Cock Up by UK Betting Operators

Regarded as one of the biggest racing festivals in the world, betting activity was high during the five-day event. However, even with warnings in place and countless calls for stricter standards, the UKGC found … Read more

British Betting Exchange Football Index Scores with Nasdaq Deal

British exchange Football Index has partnered with Nasdaq Inc in a deal that could revolutionise sports betting in the UK.

Announced on July 23, the partnership will see Football Index integrate Nasdaq’s financial trading technology into its platform. The aim is to develop a fully functional exchange that mirrors the financial services available on American investment platform.

Football Index Makes Betting Less Binary

At present, Football Index gives sports bettors that ability to buy shares in players. Unlike traditional football bets with a binary outcome (i.e. win or lose), the exchange allows investors to buy and sell shares based on … Read more