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UKGC says Ladbrokes misled it in Black Dave case probe

Niji Narayan

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UKGC says Ladbrokes misled it in Black Dave case probe
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The UK Gambling Commission clarified that the betting company Ladbrokes misled it during the investigation into the Black Dave case. The case in question was closed yesterday. But UKGC has warned the bookmakers of the need to be more careful when handling Rule 4 deductions in horse racing.

Back in 2017, the trainer David Evans faced a monetary penalty under the ruling body of the local racing industry for delaying notifications of a non-runner, Tango Sky. According to investigation findings, this provided him with the chance to back Black Dave, the other entrant, before its odds shortened. At the time of placing his bet, Evans also told Ladbrokes that he planned to withdraw Tango Sky.

Ladbrokes, on its turn, had claimed that three years after the event, it could not be sure of the reason why the odds of Tango Sky were reduced shortly after David Evans had made his bet. However, the UK gambling regulatory body managed to find evidence that the bookmaker did so in order to boost the deductions made from winning bets already placed under Rule 4.

As revealed by the Commission, Ladbrokes had failed to properly review the entire information available before it provided what was called inaccurate explanations by the watchdog.

The Commission insisted that gambling operators must take into account what had happened in the Black Dave case and Ladbrokes’ actions and reminded them that the viability of the sector in the long-term was based mainly on customer trust. The watchdog further explained that it would continue to monitor the situation and if necessary, t would consider exercising its formal regulatory powers on both the bookmaker that is in breach and the industry as a whole.

Despite the fact that the UK Gambling Commission found certain failings of the company in terms of the above-mentioned case, Ladbrokes still escaped punishment, due to the fact that its actions were not categorised as a violation of the licence conditions or code of conduct set by the UKGC in terms of the proper application of Rule 4.

In addition, the British bookmaker was given credit for the fact that it brought the case to the attention of the local racing regulatory body on the very same day of the race. At the time of the investigation, it also became clear that the operator saved only £7.70 by cutting the price of Tango Sky in the race which did not bring it much of a turnover.

The bookmaker issued a statement on the matter, saying that the company’s initial understanding of what had happened at the time when the price was changed turned out incorrect, but this had only become evident when the case was reviewed in depth. What is more, the company also explained that the reduction of Tango Sky’s odds contradicted to its trading policy at the time and shared that its traders had already been warned about that.

As a result, the UK Gambling Commission has provided more information about the manner in which all gambling operators are expected to apply Rule 4.

 

Source: casinoguardian.co.uk

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Instant Keno by Expanse Studios

George Miller

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Reading Time: 2 minutes

Have you ever played keno? The fun lotto-like game is a real blast, especially when you add multipliers in the mix. That’s what Expanse Studios was hoping for with Instant Keno, an instant fan-favorite that can pay wild sums of cash.

You can play the studio’s newest hit game exclusively at Meridianbet casinos. This version comes with plenty of surprises in a familiar package keno players will love. With an RTP range between 96-96.71% and side bets, Instant Keno is the lottery game you’ve always wanted but could never find.

A Wild Lotto Ride
Expanse Studio’s Instant Keno begins on a board with 80 numbers. They are divided into yellow, red, green, and blue colors (20 each). To start the game, you should place a bet. There’s a whole range of options available, from 1 unit at the minimum, to a whopping 7,500 coins. Place whichever wager suits you best and hit the Play button.

You can either select single or multiple numbers (maximum of 10) or pick randomly from 2 to 9 numbers. You should then click on the Add button to put the numbers on the right side – just like on a lottery ticket. The next thing you should do is place the bet and run the numbers and wait for an eventual payout.

What makes Instant Keno different from the rest are the side bets and multipliers. From side bets, you can bet on the first number color, the sum of the first numbers, even/odd first number or a specific line for the first number. The odds for each side bet are displayed right next to it and will boost your winnings by that number.

The game will also assign a random multiplier (0.5, 1, or 2) to your wins before the numbers are drawn. Payouts are based on how many numbers are drawn and how many you hit. It is equal to your original wager multiplied by the coefficient and the single multiplier. The more numbers you pick, the higher the payout.

Add the side bets to the mix, and it becomes clear why Expanse’s Instant Keno is the ultimate keno game online.

Available Exclusively at Meridianbet
All Expanse Studios games are available exclusively at Meridianbet casino and Instant Keno is no exception. You don’t get to play it anywhere else. Meridianbet offers the game for free or real money and you’d be doing yourself a disservice by missing the fun it offers.

Besides Instant Keno, make sure to check out Meridianbet’s full library. It features plenty of the studio’s top releases and even more games for free or real money. The casino offers all the games you can hope for along with live dealer titles and a premium experience in a fully safe and secure environment.

You can also add fun promotions to the mix, so it becomes clear why Meridianbet is the favorite gaming site of thousands. Instant Keno is the latest addition in a fully-loaded library, so make sure not to miss it in this brilliant casino.

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Thai Govt Launches Sub-committees to Combat Illegal Gambling

Niji Narayan

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The Thai government has launched three new sub-committees that will try to tackle the country’s illegal gambling dens, which have been signalled as a major source of Covid-19 infections.

One sub-committee, headed by police inspector-general Gen Sarawut Kanphanit, will pinpoint areas where illegal gambling dens operate and examine the links between their heads and local police forces and administrative organisations.

Interior Ministry inspector, Phusit Somchit, will lead another sub-committee with the goal of proposing long-term measures to combat illegal gambling.

The third sub-committee will investigate the money trail illegal gambling dens leave. It will be headed by Pol Col Akkharaphon Bunyopatsatam, deputy director-general of the Department of Special Investigation.

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Inspired Announces New Contract With Entain

George Miller

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Inspired Announces New Contract With Entain
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Inspired Entertainment, Inc. announced today it has signed a new long-term agreement with Entain plc to provide its Virtual Sports products across Entain’s online brands and retail venues. This represents a significant extension in scope and duration to the current arrangements with the group.  Entain is one of the world’s largest sports betting and gaming groups, operating in the online and retail sector in more than 20 countries.  Via its proprietary technology platform, Entain offers sports betting, casino, poker and bingo online using some of the industry’s most iconic brands such as Ladbrokes, Coral, BetMGM, bwin, Sportingbet, Eurobet, partypoker, partycasino, Gala and Foxy Bingo.

“Inspired and Entain have been collaborating closely for the past decade through a successful partnership in both the retail and online channels,” said Brooks Pierce, President and Chief Operating Officer of Inspired.  “This new agreement is testament to the strength of our offerings and we look forward to extending our long-standing relationship and opening it up to new territories for Inspired, including North America, with Entain’s recognized brands.”

“Inspired has been a trusted key supplier and their Virtuals have proven to be very popular with our customers in both our retail venues and via our interactive platforms,” said Sandeep Tiku, Chief Operating Officer of Entain.  “We have been impressed with their continued innovation in Virtuals and we are excited that even more of our customers will be able to enjoy Inspired’s best-in-class content for the first time.”

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