The participation of children and young people in ‘gambling’ and ‘gambling-themed’ games online has exploded to potentially 500,000 every week according to a recent survey. Technology and easy access to the internet are providing the opportunity for minors under the age of 18 to experience gambling through a number of free-to-play casino games, video games… Read more »
The world’s most recognized online payment provider PayPal has announced that they will cease offering payment protection to any gambling-related transactions in the United States, Canada and Brazil. In a statement made by the US company as part of an update to their User Agreement, PayPal will stop protecting gambling-related payments from June 25. This… Read more »
British-based gambling company Gala Coral has received a hefty £880,000 ($1,289,948 or €1,126,713) for continuing to accept deposits from a problem gambler. The VIP player was so caught up in his gambling that he stole large amounts of money from his family to fund his habit. The fine, which was determined by the UK Gambling… Read more »
Gambling firms Paddy Power and Betfair have managed to clear all regulatory hurdles, allowing a merger to take place early in February. The UK’s Competition and Markets Authority gave the two companies to the green light for a merger in December 2015. That was closely followed by Ireland’s Competition and Consumer Protection Commission, which said… Read more »
Paddy Power and Betfair, two of the biggest gambling companies in Europe, are set to merge according to reports in The Guardian today. The newly formed company will become one of the largest online gambling companies in the world and is likely to cause a stir amongst some of the industries heavyweights. Under the terms… Read more »
