Latest News
Hancock signals £2 FOBT ruling
As per the reports Matt Hancock, the newly assumed UK Culture Secretary is determined to reduce the maximum stake on fixed-odd betting terminals (FOBTs) to £2 (€2.27/$2.78)
Currently, Punters are able to wager as much as £100 per spin on FOBTs, but various campaign groups have been putting pressure and persuading the government to lower this amount.
After contemplating the gambling sector as a whole by the Department for Culture, Media and Sport (DCMS) the government announced in the month of October, that it was to consider proposals to cut this stake to either £2 or £50.
As stated by an ally of Hancock, the new Culture Secretary is keen to opt for the lowering of the two amounts, post an “overwhelming” response to the review reports “The Sunday Times” newspaper.
The source said “Matt wants the new stake to be at the bottom of the range,” “His attitude to the terminals is very negative because it takes money from reasonable, mature betting, like on the horses”.
Hancock was recently appointed to the role as part of a major reshuffle by the Prime Minister Theresa May.
As Culture Secretary, in addition to playing a major role in the on-going DCMS consultation into the review of the gambling sector, Hancock will oversee the completion of the reform of the levy in the UK.
In a statement issued in response to the report, the DCMS said the government is “currently consulting on what the exact cut should be, and would make a final decision in due course once all the evidence has been considered.”
The DCMS added: “We are clear that FOBT stakes will be cut to ensure we have a safe and sustainable industry where vulnerable people and children are protected.”
Jim Mullen, the Chief Executive of Ladbrokes Coral Group, has also responded to the reports, saying that a cut in the maximum stake will “fail to adequately address any issue of problem gambling.”
Mullen said: “The triennial review has been running for over 15 months and throughout that time there has been constant rumour and speculation about potential outcomes, of which this is yet more.”
“It should be noted that the current call for evidence is yet to conclude and industry responses have not yet been submitted to Government.”
“We are very clear that stake cuts will fail to adequately address any issue of problem gambling; the industry has also always made it clear that a cut to stakes will have serious consequences – resulting in shop closures which will ultimately affect jobs, tax revenue and the funding of racing.”
“There is also no evidence that machine customers will switch their spend to sports betting such as horse racing, and our experience is that they won’t; any policy made on this assumption would result in a significant reduction in the level of funding for horse racing.”
“We will continue to make the case for a sensible measured, evidence led and proportionate response to the public concern regarding these issues and this will be the basis of the evidence submitted as part of the ongoing review.” he added.
Latest News
Zillion Games launches Storm Fruits 2
Zillion Games launches Storm Fruits 2, an exciting sequel to the popular Storm Fruits. With 4,096 ways to win and a Bonus Buy option, players can jump straight into the action for even more chances to win. This refreshed classic fruit theme combines timeless charm with modern thrills for a truly engaging experience.
Accumulated Bonus
During gameplay, bonus symbols accumulate, and when five symbols land, a special feature may trigger, adding the missing symbol to activate the Hold and Ring bonus mode.
Hold and Ring with Jackpots
In this bonus mode, players can win one of three jackpots: Mini, Minor, or Major. Fill all 20 grid positions to unlock the Grand Jackpot.
Free Spins with Random Walking Wilds
Wild symbols can appear in varying amounts on each new spin, moving to random positions and potentially leading to big wins. In Free Spins mode, landing three scatter symbols will trigger additional free spins for even more chances to win!
Latest News
Growe Partners Named Best Affiliate Program. Once Again.
Growe Partners, an affiliate program, which has skyrocketed its performance in the iGaming industry in just a year, has received yet another recognition as the Best Affiliate Program at the SiGMA Europe Awards 2024.
The ceremony took place in Valletta, Malta on Nov, 12th, and the victory was achieved through a combination of public votes on the award page and evaluations by a distinguished jury panel.
In just a year Growe Partners has rightfully reserved a place amongst industry leaders, who have been in the game for a lot longer, and as they say themselves — they are not going anywhere. Today Growe Partners is a network with over 32 thousand partners, operating in more than 10 locations worldwide.
“This achievement reflects our commitment to investing in our people, our partners, our ideas, and continuously implementing new innovative approaches. We are proud of the strong team we have built, which is always on the lookout for ways to develop and better themselves. And whose dedication resulted in this victory.
With winning this award we would like to once again emphasize that everything is possible in our industry if you set the right goal and work hard for it.” , — commented Dima Mariievskyi, Head of Growe Partners.
Latest News
All British Casino Joins Forces With WST For UK Championship
All British Casino has become a partner of one of snooker’s greatest tournaments, the Victorian Plumbing UK Championship, for the first time.
WST is delighted to announce this new partnership ahead of the 2024 Victorian Plumbing UK Championship which will run from November 23rd to December 1st in York.
It is part of the sport’s Triple Crown Series alongside the Masters and the World Championship. The UK Championship was first staged in 1977 and many of the all-time greats have their name on the trophy.
Ronnie O’Sullivan won the title for an eighth time last year, beating Ding Junhui in the final. A stellar field of snooker’s biggest stars is once again expected at the superb York Barbican venue for the event which is televised by BBC, Eurosport and many other broadcasters worldwide.
WST’s Chief Commercial Officer Peter Wright said: “We welcome All British Casino on board for the Victorian Plumbing UK Championship and we look forward to working with them on this outstanding event. Our sport is growing worldwide and this tournament will reach a vast global audience.”
Jan Wienk from All British Casino said: “We are excited to connect with snooker for the first time as we know it is a globally successful and rapidly developing sport, which matches our ambitions as a brand. The UK Championship has an incredible history and tradition, and we are thrilled to have the opportunity to partner with this event which brings so much entertainment to people worldwide. We look forward to seeing the incredible skills of the players as they compete for the trophy.”
The qualifying rounds of the Victorian Plumbing UK Championship run from November 16th to 21st, with the 16 qualifiers to join the top 16 seeds in York.
-
Africa6 days ago
EveryMatrix secures largest African turnkey deal with MBet partnership
-
Asia6 days ago
Nazara Publishing announces playtest for FAU-G: Domination at India’s oldest and biggest game developer conference IGDC 2024
-
Asia6 days ago
8Bit Creatives partners with NODWIN Gaming as the exclusive talent partner for DreamHack India
-
Asia5 days ago
VSPO, the largest esports company in Asia, rebranded Hero Esports to support global growth strategy
-
Balkans6 days ago
BEGE celebrates 15 years as Eastern Europe’s premier gaming expo
-
Gaming6 days ago
Getting ready for Xmas: SplitMetrics partnership with Wargaming helps World of Warships app sail to new heights with 15% uplift in organic conversions
-
Latest News5 days ago
Week 45/2024 slot games releases
-
Latest News6 days ago
AC MILAN AND SPRIBE ANNOUNCE NEW PARTNERSHIP AND WELCOME AVIATOR AS THE CLUB’S OFFICIAL CRASH GAME