News

17 December 2017

UK Lottery Funds for Good Causes Decreases, Camelot Under Scrutiny | News

UK National Lottery operator, Camelot, is being investigated by the government following a National Audit Office (NAO) report which revealed that money being diverted to good causes has decreased despite an overall rise in profits. Camelot’s profits have increased by 122% over a seven-year period, however National Lottery income for good causes has decreased by 15% year-on-year to April. This …

17 December 2017

Australia Has a Poker Machine Problem, says Australia Institute | News

The Australia Institute, a think tank dedicated to researching public policy issues, has published a discussion paper that argues that Australia has a particularly large problem with poker machines compared to the rest of the world. Also known as pokies, the machines have been extremely popular in the country’s pubs and clubs for many years. However, the paper argues that …

17 December 2017

World Series of Poker 2018 Schedule Announced | News

The official schedule for the World Series of Poker 2018 has been released, one day after an unauthorised leak had revealed most of its contents to the media. This year, poker’s biggest event will be bigger than ever, with 78 events taking place throughout almost two months, between May 29th and July 17th. Once again, the venue will be the …

British National Lottery Looks at Introducing ‘Prize for Life’ Amidst Falling Sales
27 November 2017

British National Lottery Looks at Introducing ‘Prize for Life’ Amidst Falling Sales | News

Camelot, the operator of the British National Lottery, has announced that it is looking into new innovations, including a monthly ‘Prize for Life’, in response to consistently falling sales. Other ideas include providing a ‘better winning experience’ for players and allowing players to purchase tickets at supermarket self-checkouts. The British National Lottery is a state-franchised lottery, run by private company …

Are Video Game Loot Boxes Gambling? Investigations Being Launched Across Europe
27 November 2017

Are Video Game Loot Boxes Gambling? Investigations Being Launched Across Europe | News

Anyone who has played a video game in the past few years, from casual mobile apps to major console franchise installments, will be familiar with microtransactions. These have become a mainstay of the gaming industry, providing developers with a new line of continuous revenue beyond initial purchase, and allowing players to unlock extras from new outfits for their characters to …

12 November 2017

Top Poker Player Loses $10 Million in ‘Edge-Sorting’ Court Case | News

Phil Ivey, a professional poker player whose achievements include ten World Series of Poker bracelets and a World Poker Tour Title, has lost a long-running court case against Genting Casinos UK for $10.2 million in unpaid earnings. The American 40-year-old is one of the world’s most successful professional gamblers, earning himself the unofficial title of the ‘Tiger Woods of Poker’. …

12 November 2017

Playtech Shares Plummet Amidst Malaysia Crackdown and UK Betting Machine Controversy | News

Playtech, the gambling software company behind thousands of gaming websites and fixed-odds betting machines, has issued a profit warning which has caused its shares to drop by 20%. The firm, based on the Isle of Man and founded by Israeli magnate Teddy Sagi, has stated that annual profits are set to be 5% lower than expected: this means an over …

03 November 2017

A Winning Ticket in an Old Shirt and Spain’s Mysterious Big Winner: All the Winnings News this Week | News

Everyone dreams of winning the lottery, and for many who regularly buy tickets, avidly checking the numbers is part of the excitement. This was not the case for 68 year-old Jimmie Smith from New Jersey, who had a stack of unchecked tickets piled up in an old shirt in his closet. When an appeal for the winner of an unclaimed …

27 October 2017

Gambling Industry Betting Big on Japan’s New Casinos | News

Macau could have some serious competition for the gaming capital of Asia in the next few years: Japan is planning to legalise gambling in the spring of 2018, an opportunity which the biggest players in the industry are extremely excited about. Las Vegas Sands and MGM have claimed they are willing to invest up to $10 billion in new casino …

09 October 2017

Euromillions Biggest Jackpot ever and 13 New UK Millionaires | Casino news

The Euromillions Jackpot is now the highest it’s ever been, with the record-breaking €190 million (approximately £168 million) maximum prize currently on offer. The jackpot rolled over on Tuesday 2nd of October, and has now reached its maximum value, where it will stay for the next four draws before it has to be won. The current Euromillions record is held …