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eToro is a social trading platform that offers users access to assets, including cryptocurrencies, stocks and commodities.
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New research shows impact of COVID-19 on gambling behaviour across Great Britain
New research commissioned by Gamble Aware reveals that over half of gamblers in Great Britain say they gambled the same amount as they would normally have done during early lockdown.
The study, undertaken by YouGov earlier this year, shows that 52% of gamblers carried on as normal from March to May.
A total of 41% had gambled less than normal, with 4% stating that they had gambled more often than usual.
Actioned by Gamble Aware, an independent charity that champions a public health approach to preventing gambling harms, the research also shows that 20% of problem gamblers say they gambled more during the period.
Over half of such problem gamblers – those with a Problem Gambling Severity Index score of 8+ – referenced boredom as a reason for their actions.
Overall gambling rates did, however, decline by 10% between October 2019 and May 2020, with the exception of online casino games, which rose from 1.5% to 2.3%.
“The findings published today show there is a concerning lack of awareness and use of the gambling treatment and services which exist to provide support and care,” said Sian Griffiths, Deputy Chair of GambleAware.
“While gambling rates seem not to have increased during lockdown, it is alarming that gambling participation amongst those who are gambling is increasing amongst the most vulnerable groups.”
Case of Betfred refusing £1.7m payment to customer going to summary judgment in October!
In November 2018, solicitor Peter Coyle spoke exclusively to Gambling Insider about a case involving Betfred and his client Andy Green.
Green won £1.7m ($2.2m) playing one of Betfred's online casino games but the operator refused to pay out, claiming this was the result of a 'technical glitch.'
Betfred director Russell Young then offered Green £60,000 if he agreed to sign a non-disclosure agreement.
Green refused and supplier Playtech has since said evidence of the glitch was too confidential to be shared.
As such, Coyle has applied for a summary judgement that, if successful, would see Betfred pay Green £2m in total (including nearly three years' interest plus legal costs).
If this appeal is lost, however, Green will not lose his right to a full trial, where evidence of the alleged glitch will be analysed.
In quotes sent to Gambling Insider, Green said: “The last two and a half years have felt like hell on earth.
"You wouldn’t treat an animal like I’ve been treated by Betfred, but hopefully the judge will accept the arguments put forward by my legal team and this nightmare will be over next month."
Coyle said: "An application for summary judgment is a high risk strategy because we have to satisfy the judge that Betfred has no chance at all of defending its position at a full trial.
"To do that, we have to accept Betfred’s case as it's been presented to the Court; namely that the blackjack game malfunctioned in some way.
"While Betfred’s betting terms and conditions are incredibly complicated and span across numerous different documents, we are confident that, on their proper construction, the terms simply don’t allow for Betfred to withhold payment when the alleged glitch is within Playtech’s game and not Betfred’s own software.”
Sweden online gambling revenue falls; LeoVegas puts ads on wheels
Sweden’s licensed online gambling operators suffered a revenue decline in the second quarter, as government restrictions eliminated the pandemic pump enjoyed in other markets.
Figures released Friday by Sweden’s Spelinspektionen regulatory body show locally licensed online gambling operators generated revenue of just over SEK3.6b (US$411.5m) in the three months ending June 30, up 3.6% from the same period last year but a 1.2% decline from Q1 2020’s figure (which was itself down 1.5% year-on-year).
Sweden’s online casino licensees were blindsided this spring as the government announced tough limits on customer deposits and spending. The government claimed it was acting to protect consumers from excessive gambling while under pandemic lockdown but data showed Swedes hadn’t significantly ramped up their gambling activity.
Meanwhile, online licensee LeoVegas, which hasn’t been shy about publicly criticizing Spelinspektionen’s regulatory regime, is also testing the government’s notoriously low tolerance for gambling advertising. The company recently launched a public ad campaign in which 10 large furniture trucks roam the streets of Stockholm with ‘A delivery from LeoVegas’ emblazoned on the side.
eoVegas appears undeterred by the regulatory retaliation suffered by former Swedish online licensee Global Gaming’s Ninja Casino brand, which ran billboards in Stockholm exhorting customers to “Play Now!” The LeoVegas tagline doesn’t contain any such exhortations to gamble, which may ultimately save it from the watchdogs’ wrath.
1xBet mobile app: a whole world of bets on your smartphone
The fast pace of modern life can be demanding. People value products and services that maximize their time and enjoyment.
The world renowned company 1xBet keeps up with the times and has developed a mobile application that is available in 60+ languages for the convenience of its users. With it, players can not only place bets with a couple of clicks anywhere and anytime, but also enjoy many other options. For example, you can watch matches of your favourite teams, play cool games and, of course, win.
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The time of the first goal in a football match, the handicap of sets in tennis or the minimum height of a star athlete's jump - in the 1xBet app there are always many interesting betting options.
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Useful options for user convenience.
1xBet made sure that the app is as convenient and functional as possible. A standout feature is that each user can add their own events of interest in “Favorites”. Thanks to this, players can collect all the matches they like in one tab and keep quick access to them, so as not to forget to place a bet or track the result of the game.
Another useful item on the menu is “Results.” Statistics for all sports, tournaments and teams are collected in one place! Such information can be safely used when planning future bets.
Push notifications to keep players up to date
Another convenient option for players in the 1xBet app is the ability to subscribe to push notifications. Each user can receive notifications on his smartphone about certain events - for example, a new penalty kick or a red card in a football match.
Such information can help to instantly assess the situation and make a successful bet in LIVE mode, or just be in the know about what is happening in the match of your favorite team.
Live sports events
Another “feature” of the 1xBet application is the ability to watch almost any sporting event live on your smartphone. Every month, about 10,000 live events are available on the site.
To view the list of broadcasts, just select “Events” in the menu and then “Stream”. Turn on and enjoy!
Dozens of exclusive entertainment options at 1xGames
There is a category of players who don’t enjoy classic bets and are not interested in sports. They can find entertainment for themselves by playing at 1xGames.
This is a unique 1xBet development, which is available both on desktop and in the mobile app. Users can choose from several dozen exclusive games on a variety of topics - from Star Wars to Formula 1. In addition to having fun, each player gets a chance to win large amounts. Why not combine business with pleasure?
Cool promotions with a variety of prizes
1xBet always has great promotions and bonuses. The player receives the first one at the start - a 100% first deposit bonus! Then, 1xBet customers can participate in many other promotions. For example, players can win the latest smartphones which they can use to top up their accounts, bet without risk on certain matches and receive nice bonuses for their birthday!
A list of current offers can always be found by clicking on the “Promotions” tab.
24/7 customer support
User support is provided in 30+ languages. If a player has questions, he can ask them directly in the app. Simply go to the “Support” menu item, select a chat with an operator - and any question will be resolved as soon as possible.
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1xBet nominated at prestigious Global Gaming Awards
1xBet is considered one of the most progressive betting companies in the world. Another confirmation of this acclaim was received with the welcome news that the renowned betting firm has been shortlisted at the prestigious Global Gaming Awards in the “Digital Product of the Year” category. The bookmaker was honored with this recognition for its development of 1xGames.
The winners will be announced at a special ceremony on October 5th in Las Vegas, the center of the global gaming industry. The best of the best will be determined by an esteemed jury composed of 100 leading representatives of the gambling industry including top managers from the largest global companies.
“Our digital products compete with those of a number of world-famous bookmakers and this rivalry motivates the entire 1xGames team. After all, only by competing with the best can you reach the highest possible level, and this makes success in such circumstances especially pleasant,” said 1xBet representatives.
1xBet was founded in 2007 and a few years later, the 1xGames platform became available to players. Here, more than 100 online games developed by the company itself are now presented. The results of provably fair games are absolutely random and are dictated by a special algorithm that each player can check independently.
Delhi gamblers hedge illegal bets on COVID-19
While many gamers anxiously await the return of local and international sports, illegal betting circles in Delhi have taken matters into their own hands, with punters waging bets on statistical predictions linked to the pandemic.
COVID-19 betting has grown in popularity among Indian customers looking to fill the void left by the global shutdown of the sporting industry, with bets now being placed on the dates and contours of the lockdown, infection rates and death tolls. These bets are often placed through surreptitious phone calls to syndicates running illicit betting markets, also known as the ‘satta bazaar’.
While the country allows for legal betting on horse-racing, all other forms of public gambling are banned. Delhi Police commissioner SN Shrivastava said that units of the force were keeping a watch on such illegal networks.
“We do not know how the nature of betting has exactly changed after the pandemic, but the Delhi Police are showing no laxity in cracking down on any crime network. Our teams are monitoring all cyber operations to check for any illegal activity,” said Shrivastava.
Despite this, the International Centre for Sports Security in Doha estimates the illegal betting market in India at $150 billion annually, including $200 million bet on every One Day International Cricket match played by the Indian cricket team.
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Luckybet.com business closure notice!!!
We thank you for your long-standing cooperation with the luckybet brand. Unfortunately, we decided to close the current website and start fresh.
Registration will be closed for new players, please submit payment requests for any due funds as soon as possible.
Sweden fines Glitnor’s Lucky Casino for unauthorized casino online slots games
Sweden has financially penalized another online gambling license for offering live casino online slots games not covered under its license.
On Wednesday, Sweden’s Spelinspektionen regulatory body announced that it had imposed a US$41,700 on Glitnor Services Ltd, which operates in Sweden via seven domains, including fridacasino.com and luckycasino.com.
The regulator found fault with LuckyCasino offering several products from live casino technology specialists Evolution Gaming, including its Dream Catcher, Monopoly Live, and Deal or No Deal titles. Spelinspektionen noted that these products aren’t covered by Glitnor’s local online casino and sports betting license.
However, since Glitnor itself alerted the regulator to the fact that LuckyCasino was offering the games and took steps to address the cockup, Spelinspektionen opted for a relatively low penalty and a warning.
The games in question were made available on LuckyCasino on July 1, 2019 and weren’t taken offline for five months, during which time 478 players spent around €69k.
Legolasbet business closure notice!!!
We would like to inform you that, unfortunately due to the unprecedented circumstances brought about by COVID-19, and despite every effort in trying to save the business, the Management has decided to cease with immediate effect, the operations of Legolasbet. Our websites Legolas.bet and Legolasbet.se will not be able to offer online gaming services any longer starting from tomorrow 31st March 2020. Over the next couple of weeks we will be going over all our accounting records and paying off all the outstanding invoices as complied to regulations.
If we have an outstanding balance with your company, please send us all your pending invoices for the activities generated up to the 31st March 2020, by no later than Friday the 3rd April.
We would like to thank you for your past business and it was truly a pleasure working with you. Please do not hesitate to contact me if you have any questions or concerns or if there is anything at all that we can do to help.
We appreciate your understanding. Take care and stay safe.
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