Uncategorized
BGC: Two Thirds of Punters Believe Nanny State Spending Limits on Betting Would Spark a Rise in Gambling Black Market
A new YouGov survey for the Betting and Gaming Council (BGC) revealed the concerns of regular punters as the Government considers a review of Gambling laws.
As well as 67% saying compulsory limits risked pushing punters to the growing gambling black market, 64% of the public fear the increased use of illegal sites would trigger a rise in problem gambling rates.
Nearly 70% of people who place a bet said they would not be willing to allow regulated betting and gaming firms to carry out compulsory affordability checks to prove they can afford to wager, which have been called for by anti-gambling campaigners to tackle problem gambling.
The number of people gambling on unsafe black market sites in the UK has doubled from 220,000 to 460,000 in recent years and the amount staked is in the billions.
The latest figures from the Gambling Commission show the rate of problem gambling among adults in the UK remains low by international standards at 0.3%, down from 0.4 the year previous.
BGC Chief Executive Michael Dugher said that the YouGov polling was important for ministers to consider as they prepare to publish the gambling white paper in the coming weeks.
He urged the Government to adopt a “carefully targeted approach” to ensure they strike the right balance between protecting the vulnerable, whilst not driving the overwhelming majority who bet safely and responsibly towards the unsafe unregulated black market online.
Mr Dugher said: “We strongly support the Gambling Review as a further opportunity to raise standards and promote safer gambling.
“Ministers have rightly always said it will be an evidence-led process, these poll findings are an important reminder of the risks of getting this wrong by introducing arbitrary blanket spending checks on anyone who likes a flutter.
“Any changes introduced by the Government must be carefully targeted so that we protect the vulnerable and intervene on those showing signs of harm, whilst not driving the vast majority of millions of punters who bet safely towards the growing unsafe black market online, where there are none of the safer gambling protections used by BGC members.”
Powered by WPeMatico
Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive
Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.
Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.
This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.
Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”
Esports entertainment company BLAST has announced plans to host two popular esports events in Singapore in 2024 and 2025.
BLAST will bring both world-class Counter-Strike and Dota 2 tournaments to the heart of Southeast Asia, marking a major step in Singapore’s emergence as an esports and gaming hub. Supported by the Singapore Tourism Board (STB), these high-profile events will bring the world’s best esports teams and players from all across the world to compete in Singapore.
BLAST has teamed up with AEG Presents Asia, one of the world’s largest live entertainment entities to bring these events to Singapore. The partnership forms part of BLAST’s ambition to create the best esports experiences by working closely with premier destinations and the biggest and best live entertainment partners.
More than half of global esports views (57%) are estimated to come from the Asia Pacific region, 47% more than any other region in the world with the global market valued at $1.6 billion.
By bringing the top-tier Counter-Strike and Dota 2 tournaments to Singapore, BLAST aims
to attract global esports talent, foster local growth, and elevate Singapore’s status as a destination for world-class esports entertainment.
James Woollard, Director of Market Development at BLAST, said: “We are incredibly excited to bring two of the biggest esports titles to this vibrant destination. Over the coming 18 months, Singapore will become a major hub for esports in Southeast Asia, and with the support of the Singapore Tourism Board, we look forward to delivering unforgettable experiences for fans while helping to build a thriving esports ecosystem in the region. Bringing the first BLAST arena event to Singapore is an exciting first step in this journey. The World Final will see the world’s best Counter-Strike players and teams fighting for a $1,000,000 total prize pool.”
Ms Ong Ling Lee, Executive Director, Sports and Wellness, Singapore Tourism Board, said, “We are excited to host the BLAST Premier World Final and the BLAST Dota Slam in Singapore. The Counter-Strike event marks the first BLAST-branded event in Southeast Asia and the inaugural Counter-Strike tournament series in the region, solidifying Singapore’s position as a world-class esports destination. We are confident that the international participants and their legions of fans will have a memorable experience in Singapore, immersing themselves in the diverse and dynamic offerings of our city.”
The World Final 2024 will take place from 30th October – 3rd November and will be the first BLAST event to take place in Singapore, followed by the BLAST Dota Slam in 2025. The World Final will be the biggest Counter-Strike event to take place in Singapore, where the world’s best eight Counter-Strike teams will compete for a massive prize pool of $1,000,000 and the chance to claim bragging rights as the best team around.
Qualified World Final teams: NAVI, Team Spirit, Team Vitality, FaZe Clan and G2 Esports.
Fans can sign-up for the pre-sale window by registering with BLAST.tv, where they will also receive updates and information on tickets.
-
Asia6 days agoPBBM Orders Immediate Ban Against All PH POGO Operations
-
Australia6 days agoAUSTRAC and Pacific Financial Intelligence Units Gather in Brisbane to Tackle Financial Crime in the Region
-
Balkans5 days ago
EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers
-
Bragg5 days ago
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
-
Betxico6 days ago
Vibra Solutions becomes Betxico platform partner in Mexico
-
Latest News6 days ago
Peter & Sons’ Radioactive Fishing Game ‘Muddy Waters’ Hits November 14
-
Compliance Updates6 days ago
IAGR confirms new Board members
-
Compliance Updates5 days ago
Massachusetts Gaming Commission Launches Official Seal of Approval
