Mike Ashley

All Posts by Mike Ashley

April 21, 2021 June 4, 2021 Mike Ashley

UK Gov. To Launch Independent Inquiry into Football Index Collapse

UK Gov. To Launch Independent Inquiry into Football Index Collapse
The All Party Parliamentary Group (APPG) and anti-gambling opponents in the UK have been pushing hard for the government to launch an investigation into the sudden collapse of the Football Index. The Football Index was a stock market styled gambling website for Football fans that was licensed to operate by the UK Gambling Commission (UKGC)....

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Betfred Player Wins UK High Court Case After Refusal To Payout

Betfred Player Wins UK High Court Case After Refusal To Payout
When Andrew Green ended up winning a £1.7 million jackpot from a Betfred game, he was in shock. Green who lives in Lincolnshire was playing at the Betfred online casino in 2018 when he received the surprise of his life after he won £1,722,923.54 when playing Frankie Dettori’s Magic Seven Blackjack. Green’s pleasant surprised quickly...

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Casumo Fined By UKGC For AML & Social Responsibility Failures

Casumo Fined By UKGC For AML & Social Responsibility Failures
Casumo which is one of the more popular online casinos in the United Kingdom has been hit with a heavy fine by the UK Gambling Commission (UKGC). The gambling watchdog imposed a huge £6 million fine as Casumo is reported to have committed multiple regulatory violations. The UKGC said that Casumo has a long list...

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UKGC Was Warned About Football Index Troubles in January 2020

UKGC Was Warned About Football Index Troubles in January 2020
The UK Gambling Commission (UKGC) has received public criticism for failing to do more to protect UK players who were caught off-guard when sports betting site Football Index suddenly announced that it decided to shut down due to financial troubles. Reports now claim that the UK gambling regulator already knew about the troubles Football Index...

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Intouch Games Fined £3.4m For Multiple Violations By UKGC

Intouch Games Fined £3.4m For Multiple Violations By UKGC
The UK Gambling Commission (UKGC) is currently taking heat for not doing enough to monitor sports betting site Football Index which suddenly shut down and left UK players fuming with over £90 million in funds locked away. The UKGC might have overlooked the financial flaws of Football Index but it has certainly not overlooked the...

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BGC Poll Reveals That Gambling Limits Are Unpopular In Britain

BGC Poll Reveals That Gambling Limits Are Unpopular In Britain
A recent YouGov survey that was commissioned by the Betting and Gaming Council (BGC) reveals that 51 percent of people in Britain are opposed to the idea of having politicians dictate their gambling budget. Only 27 percent were in support of imposing limits on their gambling spend. This survey was launched in response to the...

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UK Online Gambling Market Sees Big Spike In Nov & Dec 2020

UK Online Gambling Market Sees Big Spike In Nov & Dec 2020
The UK Gambling Commission (UKGC) which is the gaming regulator in the United Kingdom recently published a report which showed that the online gambling market in the country was continuing to experience significant growth, spurred on by the COVID-19 lockdown. The UK is one of the countries that have been impacted heavily by the coronavirus...

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Online Slots To Get New Regulations By The UKGC

Online Slots To Get New Regulations By The UKGC
Licensed gambling operators in the United Kingdom (UK) were patiently waiting to see what would be the outcome of the review of the 2005 Gambling Act. The UK Gambling Commission (UKGC) has announced a string of stringent measures that have been put in place to offer Brits better protection at online gambling sites. The most...

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