Stake UK, the crypto gambling company that sponsors Everton FC, has been hit with a $400m (£346m) lawsuit from a former business partner of its co-founders, alleging they stole from him and bullied him out of the business. According to court filings obtained by the Guardian, Christopher Freeman, a resident …
Read More »Children of problem gamblers ‘more likely to be bought scratchcards’
Children whose parents are problem gamblers are more likely to have been bought scratchcards, according to research from the GamCare charity, which is warning that early exposure risks setting young people on a pathway to addiction in later life. More than a third (38%) of Britons who were problem gamblers …
Read More »Stake.com told not to use Everton branding in $5,000 betting offer
Everton FC has told its sponsor Stake.com to stop using its imagery in an international promotion offering a $10 free bet to anyone who wagers $5,000 in the space of a week. Football fans and campaign groups had criticised the marketing scheme and questioned Everton’s apparent involvement. The offer was …
Read More »Tell us about your experience of buying scratchcards in the UK
We’re interested to hear from people in the UK who regularly buy scratchcards. We’d like to hear how often you buy them, where and what got you into it. We’re also keen to hear whether the cost of living crisis has affected your habit of buying scratchcards: have you been …
Read More »Tell us how the UK cost of living crisis has affected your behaviour around gambling
Gambling companies have said that the cost of living crisis is not slowing down betting habits, despite the pressure on household incomes. Meanwhile, charity Gamcare has said its advisors are hearing from people who are turning to gambling in the hope of improving their financial situations. It also said people …
Read More »Cineworld’s story has shareholders watching through their hands | Nils Pratley
One can’t call it a major twist in the plot in the disaster movie for investors that is Cineworld, owner of 750 cinemas in 10 countries. A possible “comprehensive deleveraging transaction” – in other words, a hefty whack for shareholders – has been a threat ever since Covid arrived. Even …
Read More »Gambling giant Entain could lose UK licence amid record £17m fine
Entain, the gambling firm behind Ladbrokes and Coral, could lose its licence to operate in the UK after it was told to pay a record £17m settlement over its inaction as individual customers spent hundreds of thousands of pounds. The Gambling Commission highlighted multiple failings in Entain’s online and high …
Read More »Gambling review delay lets Premier League football clubs strike sponsorship deals
Families who lost loved ones to gambling addiction have reacted with anger after the government’s decision to delay its gambling white paper allowed three Premier League football clubs to sign new shirt sponsorship deals with betting firms. The new agreements mean that eight of England’s top football clubs now have …
Read More »UK gambling firms’ revenue falls, but cost of living crisis not deterring punters
The owners of gambling companies including Paddy Power, Betfair and William Hill have reported a plunge in revenues after implementing safer gambling initiatives – but said that the cost of living crisis is not slowing down punters’ betting habits. London-listed Flutter, which owns Paddy Power, Sky Bet and Betfair, said …
Read More »‘Zombie government’: more than half of departments delay key decisions
Mining along the west coast of Cumbria goes back to at least the 1600s, and this summer the local community awaited a crucial government decision on whether a new deep coalmine operation would be given the go-ahead. While proponents of the £165m deep coalmine near Whitehaven say it would create …
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