Scottish Gambling Rates Top the UK Average

Scotland has been named as the “gambling capital” of the UK according to statistics published by the Gambling Commission.

Punching way above its weight in terms of money wagered on casino, poker and sports, Scotland’s latest title will be seen as yet another ominous accolade by some.

However, unlike the 2015 NHS study that proclaimed Scotland as the drinking capital of the UK, the UK Gambling Commission’s (UKGC) at least suggest the country now enjoys a less physically damaging pastime.

Scots Betting Big on FOBTs

According to the data, 68 percent of Scots have gambled in the last 12 … Read more

‘Pie-Gate’s’ Wayne Shaw Learns His Fate for Face-Stuffing Betting Stunt

Wayne Shaw, the infamous Pie-gate punter, has been fined £375 by the Football Association (FA) and banned from play for two months.

Shaw hit the headlines back in February, when he ate a pie live on TV during Sutton United’s FA Cup fifth round tie against Arsenal. As the cameras caught the former Sutton goalkeeper in the act, it triggered a payout by the online bookmaker Sun Bets.

Prior to the match, the betting site offered odds of 8/1 that the larger-than-life Shaw would consume a pie during the game. With his love of pastry no secret, the bet … Read more

Labour deputy leader Tom Watson has taken a subtle swipe at the Conservative government with a proposal to ban gambling operators appearing on football shirts.

Speaking The Guardian newspaper, Watson announced that a Labour government would tackle what he believes to be the “hidden epidemic” of problem gambling in the UK.

Despite Labour losing the recent General Election, Jeremy Corbyn’s second in command has said that he would work to sever the links between football and betting.

“Shirt sponsorship sends out a message that football clubs don’t take problem gambling among their own fans seriously enough,” Watson told The … Read more

Unexpected Charges Cause Profit Loss at 888 Despite Increased Revenue

UK betting firm 888 Holdings Plc. has enjoyed a financial upswing in the first half of 2017 but it won’t bank a profit due to regulatory and tax issues.

According to 888’s financial report to the six months ending June 30, 2017, revenue increased to £207.8 million compared to £201.5 million generated during the same period in 2016. In addition to a jump in total revenue, the company saw adjusted profit before tax improve by 12 percent year-on-year to £29 million when various penalties were excluded.

However, despite the positive momentum across its various betting platforms, 888 actually suffered a … Read more

UKGC Hits 888 with Record Fine for Failing Players

888 UK Limited has been has been hit with a record fine by the UK Gambling Commission (UKGC) for failing to protect vulnerable players.

Following a lengthy investigation into the way 888 handles problem gaming behaviours and self-exclusions, the UKGC has issued a fine topping £7.8 million. The fine is the largest ever issued by the UKGC because, as the regulator has stated, player protection isn’t “optional.”

Investigation Hits 888 in More Ways than One

When the UKGC announced that it was investigating 888 back in May, the publically traded company’s shares dropped by 8 percent. With the UK axis … Read more

UK Lottery Players Starting to Choose US Powerball Over National Lotto

UK lottery players are starting to choose the US Powerball over the National Lotto game according to data from online operator Jackpot.com.

The recent rise of online lotto betting has given UK players the chance to experience games from around the world and that’s led to a slight drop in interest for local games.

In the wake of the latest $700 million/£540 million US Powerball draw, lotto site Jackpot.com has shown that one in five Brits now choose the American game.

Although the figures only relate to the activity on a single site, the fact that, on average, 20 percent … Read more

British Punter Loses £100,000 Betting on Conor McGregor  

The boxing match between Conor McGregor and Floyd Mayweather attracted more than £250 million in bets according to UK bookmakers.

As the eyes of the world watched the two high profile fighters square off on August 26, bookies across the country were tallying up their bets. According to Bet Bonus Code, the UK’s leading betting sites saw £250+ million wagered on the contest.

Long Odds Attract Punters

Speaking to the Daily Star, a spokesperson for the company noted that Leicester City’s infamous Premier League win during the 2015/2016 season has renewed interest in long odds betting.

“Interestingly, ever since Leicester’s … Read more

Playtech Enjoys Financial Upswing Despite Increasing iGaming Regulations

The London Stock Exchange’s Playtech has announced an increase in sales to £389 million for the first half of 2016 despite increased regulations and taxes across the iGaming industry.

According to the latest financial report from the FTSE250 company, revenue on a constant currency basis for the six months to June 30, 2017, is up 30 percent year-on-year.

From this figure, adjusted earnings before interest, tax, depreciation and amortisations was up 24 percent to £158 million while net profit jumped to £83 million.

Figures Improve Despite Challenges

The positive results come in the face of increased regulation and taxation across Read more

UK Gamblers Are More Aware of Risks Thanks to GambleAware

UK gamblers are more aware of the industry and its potential pitfalls according to a recent study by YouGov Plc.

Looking into the effectiveness of the GambleAware scheme, the YouGov Plc. poll found that a “substantial” number of people now understand the betting industry and its support network. Surveying 4,000 UK adults, YouGov and GambleAware found that 43% of respondents were not only familiar with the awareness programs available to those in need, but how they could access them.

Provisions such as the National Gambling Hotline have been set-up by GambleAware as a way to not only promote safe gambling, … Read more

Conor McGregor Fight Causing UK Betting Records to Fall

Conor McGregor and Floyd Mayweather are setting UK sportsbooks alight ahead of their Las Vegas showdown.

When UFC star McGregor takes on former boxing champ Mayweather on August 26, industry insiders expect between £200 and £300 million to be wagered live and online.

Speaking to The Daily Mail’s sports correspondent Daniel Matthews, Betfair’s Barry Orr said that the fight has captured the public’s imagination like never before.

Despite a number of commentators calling the bout a mismatch given McGregor’s lack of pro boxing experience, Betfair’s exchange has already seen £19.95 million wagered. Even with a few days to go before … Read more