GVC Holdings, the parent company of UK operators Ladbrokes and the Coral family of sites, is taking drastic measures to help mitigate the economic fallout from the worldwide COVID-19 outbreak. Among the reported actions are the withholding of rent to landlords on its retail sites and the suspensions of dividends to its shareholders. The severity…
Caesars Entertainment is furloughing approximately 90 percent of its workforce as the corona virus crisis keeps the world's casinos shuttered. It's a brutal blow for the furloughed staff and had to be an extraordinarily difficult decision for company officials to make. But that, unfortunately, seems to be the reality of life in 2020. News of…
UK lawmakers are worried that the citizens of their locked down nation are at risk of becoming problems gamblers and they don't think that UK-facing operators are doing enough to halt the budding problem. This comes despite recent, and voluntary, efforts by gambling operators to reduce the speed of slot play; limit advertising exposure by…
The UK Gambling Commission (UKGC) and a working group of UK gambling operators have reached an agreement that will mark major changes in the standard business operating practices of their businesses. Under the terms of the accord, UK operators will implement new measures to limit the age of VIP players, reduce slots speeds, and age…
One of the biggest stories in the pre-corona virus gambling world was the increasingly strict measures that European governments have been taking to limit the market capabilities of online gambling operators. In the UK, operators are seeing increased fines for infractions that would have once warranted a mere slap of the writs. In other European…
Ian Scheinberg, the 73-year-old founder of PokerStars, surrendered to US Department of Justice officials on Friday. His entry into the US legal system marks what could be the final chapter in the long, winding story of Black Friday and the collapse of the online poker boom that forever altered the shape of online gambling in…
William Hill's oddsmakers thought they'd found a workaround to the problem that's vexing sportsbooks across the planet. What can punters wager on when professional and collegiate sports have been cancelled on nearly every country on the planet? Then they stumbled across the Candidates Tournament. The Candidates Tournament is an international chess tournament that's been taking…
888 Holdings, one of the UK's larges and most prominent online gambling operators, is holding fast in the face of the worldwide corona virus crisis. While the company acknowledges that profits will likely be impacted by the collapse of sports betting markets due to corona virus-related closures, it suggests that other online markets such as…
UK politicians are urging online gambling operators to impose a temporary limit on the maximum wager size permitted at sites. The idea behind the limit is to keep problem gamblers, and would-be problem gamblers, from overindulging while locked in the nation's effort to battle the deadly corona virus. It's an idea that's being pitched as…
In a move that seemed inevitable, the UK Government is ordering all casinos and betting shops to shut down for an for at least two weeks in an effort to halt the spread of the COVID-19 virus. It's a move that's absolutely necessary, but could prove absolutely devastating to gambling operators with a wide exposure…
News in the iGaming and Sports Betting affiliate world moves fast.
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