OCUK News Centre

Golden Oldies Love Online Gaming More than Ever Says UKGC Survey

Online gaming is no longer reserved for the younger generation according to a recent survey by the UK Gambling Commission (UKGC).

According to the latest figures, the number of so-called “grey gamblers” has increased by almost 10 percent.

Surveying 4,000 people, the UKGC found that 6.8 percent of 55-to-64-year-olds had gambled online in 2016. Fast-forward three years and that figure has jumped to 16.3 percent.

More Golden Oldies Gaming Online

Today, an extra 740,000 over 55s now enjoy online casino games, poker, bingo and sports betting.

One of the main factors driving the increase is the People’s Postcode Lottery. Despite … Read more

UKGC Parts Ways With CMA But Vows Show Must Go On

The UK Gambling Commission (UKGC) and Competition and Markets Authority (CMA) have ended their joint regulatory efforts but not the drive to improve standards.

In letter sent out to British gaming operators on April 29, the two authorities praised the progress that’s been made.

“The CMA’s work with the Commission has resulted in significant changes by the sector. The impact of this work has been felt across the entire sector,” reads the letter.

However, in announcing the end of the working relationship, the UKGC said more changes are needed.

Joint Effort Improves Consumer Trust

The two bodies joined forces in … Read more

Responsible gambling is on the rise across the UK thanks to the Senate Group and a quintet of new partners.

Although fixed odds betting terminals (FOBTs) have dominated this year’s gaming headlines, social responsibility is slowly gathering steam.

Already this year, UK gaming operators have received guidance from the Responsible Gambling Strategy Board (RGSB).

Suggesting ways the industry could improve, the RGSB produced a 20-page report that has led to a wave of positive changes.

Following innovations such as William Hill’s enhanced social responsibility initiative, five operators have upped their games. Announced on April 15, Aspers, Caesars, Genting, Playtech … Read more

No Regrets as M&C Saatchi Ad Promotes Responsible Gambling

International ad agency M&C Saatchi is behind a new responsible gambling campaign dubbed Bet Regret.

Working alongside Fat Media and Good Stuff Media Buyers, the renowned agency is helping to tackle problem gambling in young men.

No Regrets Betting Message

The main aim of the new BeGambleAware campaign is to prevent people from doing something they might later regret.

In defining what Bet Regret means, the advertising agencies have put a particular emphasis on gambling when drunk.

“Bet Regret (noun) – the sinking feeling you get the minute you make a bet without thinking it through. Often when chasing losses,

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Englishman Neil Slater Upsets Locals by Winning GUKPT Edinburgh

Englishman Nathan Slater has overcome the odds to snatch the GUKPT Edinburgh title from local pro Michael Kane.

As Grosvenor Poker’s live tour hurtles towards its summer schedule, the chips were flying in Scotland. Taking place inside Edinburgh’s Grosvenor Casino Maybury, the latest main event attracted 309 entries.

Comparing like-for-like, this year’s £560 showdown welcomed 51 more players than it did in 2018. As well as live satellites, the GUKPT’s recent online innovations helped the numbers swell as things got underway on April 4.

Englishman Rocks Scottish Event

With the £100,000 guarantee broken, the champion in waiting was set to … Read more

William Hill Extends Responsible Gambling Initiative to US States

William Hill has extended its responsible gambling initiative beyond the UK by making a £38,000/$50,000 donation to the Council on Compulsive Gambling of New Jersey (CCGNJ).

Off the back of its 2018 Nobody Harmed by Gambling campaign, William Hill UK has passed the baton to its US counterpart. Confirmed by CEO of William Hill US Joe Asher, the donation is the start of an ongoing relationship with the Garden State’s responsible gambling agency.

“We are proud to partner with the Council on Compulsive Gambling of New Jersey on bringing attention to this extremely important issue,” Asher said on March 20.

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Casino revenue at 888 Holdings improved by 8 percent last year, helping the online gaming operator achieve record underlying profits.

Publishing its 2018 financial report on March 12, 888’s balance sheet showed a 11 percent increase in adjusted profit before tax. However, while the jump from $78.3 million to $86.7 million was impressive, it was unadjusted profits that really shone.

As per the filing, overall profit before any cost adjustments was up from $18.8 million in 2017 to $108.7 million.

Profits Soar Despite Regulatory Backdraft

Although overall group revenue was down by 2 percent, the underlying earnings are a testament … Read more

Stars Group to Dominate UK Online Gaming Amid Market Disruption

Disruption in the UK online gaming market is perfect for PokerStars according to CEO of the Stars Group, Rafi Ashkenazi.

Discussing the gaming company’s plans for 2019, Ashkenazi said last year’s acquisition of Sky Betting and Gaming (SBG) has given it dominant share of the UK market.

“What we’re seeing is, essentially, the foundation that was laid by the SBG team. We are the largest in terms of market share and leveraging on this customer base is something that allows us to grow faster in the market,” the CEO told investors on March 6.

Profitable 2018 Prompts UK Online Gaming

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Ladbrokes Coral owner GVC has called 2018 a “transformational” year after its online assets helped cancel out losses in the UK retail sector.

Commenting on its recent annual report, GVC boss Kenneth Alexander noted that online growth was “very strong” but costs saw the gaming operator lose £18.9 million before tax.

As per the report, net gaming and total sales both increased by nine percent. But despite revenue in both areas topping £3.57 billion and £3.52 billion, acquisition costs and back-tax added £434.2 million in charges to the balance sheet.

Ups and Downs as GVC Evolves

Discounting the unexpected charges, … Read more

GVC Boss Optimistic as New Playtech Deal Improves Flexibility

GVC and Playtech have agreed a multiyear partnership that will see UK gaming brands Ladbrokes Coral, Partypoker and Bwin receive a raft of software upgrades.

Extending an existing six-year-old deal, the two companies will now enhance their relationship through a series of new initiatives.

Set to run until 2025, the new arrangement will see Playtech provide “key” products and services across the GVC network. Significantly, that means Playtech will gain a greater footing in new markets.

Playtech Profiting from GVC Expansion

With retail revenue in the UK falling due to recent regulatory changes, GVC has found solace in its online … Read more