Mike Ashley

All Posts by Mike Ashley

August 7, 2020 June 4, 2021 Mike Ashley

BGC Opposes New UK Gambling Rules Proposed By SMF

BGC Opposes New UK Gambling Rules Proposed By SMF
Think tank Social Market Foundation (SMF) announced the release of a framework for new gambling regulations in the UK. Notable recommendations include larger taxes on gambling firms that operate offshore, a spending cap of £100 a month to prevent financial harms, and an independent gambling ombudsman that can investigate affordability checks for punters who want...

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New UK Study Suggests Video Game Strategies Increase Problem Gambling Stats

New UK Study Suggests Video Game Strategies Increase Problem Gambling Stats
A new study revealed that a number of practices used by video game developers such as social casino spending and token wagering to engage players significantly increase their chances of them becoming problem gamblers later on in life. Dr. David Zendle, a professor in Computer Science from the University of York, noted that potential precursors...

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Scotland’s Sportsbooks Call For More Lenient Regulation Post-COVID-19

Scotland’s Sportsbooks Call For More Lenient Regulation Post-COVID-19
Scotland has close to 900 sportsbooks which employ roughly 4,500 people. Sports betting operators have called for the government to ease restrictions preventing them from recouping losses incurred during the lockdowns enacted in mid-March. The bookmakers claim that the current rules prohibit them from making a profit, which may jeopardize the future of their industry....

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UKGC labelled ‘Toothless’ In Scathing report

UKGC labelled ‘Toothless’ In Scathing report
The House of Commons’ Public Accounts Committee (PAC) released a scathing report on the performance of the UK Gambling Commission (GC) on regulating the gambling industry, labeling the regulatory body as toothless. The PAC’s mandate is to monitor government spending. Their report “Gambling regulation: problem gambling and protecting vulnerable people“, released on June 28, stated...

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Decreased FOBT Stakes In UK Results In Less Police Work

Decreased FOBT Stakes In UK Results In Less Police Work
The reduction of the maximum allowed stakes at fixed-odds betting terminals (FOBTs) in the UK has made things easier for the police. The reduction from £100 every 20 seconds to just £2 has reportedly led to a 38% decrease in bookmakers’ calls for police assistance due to punters losing their temper after going on a...

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Ways In Which The iGaming Industry Can Benefit From AI

Ways In Which The iGaming Industry Can Benefit From AI
Artificial intelligence (AI) is becoming more common in our day to day lives whether we know it or not. AI today is used to improve services to users in the fields of hospitality, healthcare, customer service, and retail. This is in addition to the widespread use of AI in mobile phones, specifically in virtual personal...

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Safer Gambling Week Campaign Replaces Responsible Gambling Week In UK

Safer Gambling Week Campaign Replaces Responsible Gambling Week In UK
The U.K continues to experiment with different methods and regulations in order to curb the rise of problem gambling in the country. The United Kingdom Gambling Commission (UKGC) has been under immense pressure the last couple of years to put in place measures that would reduce gambling addiction amongst children and adults. Every year, the...

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