UK
29 articles tagged "UK".
Evolution’s Q2 2026 results show steady growth in most regions as Galaxy deal likely falls through
Evolution reported Q2 2026 net revenue of €517.8m, down 1.2% year-on-year, with Europe returning to sequential growth but Asia declining. The company appears set to abandon its $85m acquisition of Galaxy Gaming as the closing period expires without a deal.
Entain cuts 500 roles and seeks new UK marketing chief as tax hike looms
Entain is cutting 500 jobs and searching for a new UK marketing chief, responding to an estimated £200 million annual cost from proposed UK online betting tax hikes while also selling a 20% stake in its CEE business for €425 million to reduce debt.
UK Gambling Survey Shows Stable Participation and Slight Dip in Problem Gambling Rate
The third annual Gambling Survey for Great Britain shows that 47% of adults gambled in the past four weeks, with the problem gambling rate (PGSI 8+) stable at 2.4%. The survey also provides new insights into motivations and the impact of gambling on affected others.
GSGB Data Shows 2.5% Problem Gambling Rate as UK Government Continues Reform Path Under Burnham
The Gambling Commission's GSGB Year 2 Wave 2 data reveals a 2.5% problem gambling rate (1.3 million adults), alongside stable 48% overall participation, as the new Labour government under Andy Burnham continues with regulatory reforms and faces industry criticism over data reliability and upcoming financial risk checks.
BOYLE Sports deepens Serbia tech hub with 65 new hires, targets 30% growth amid omni-channel push
BOYLE Sports has hired 65 staff for its Belgrade technology hub over the past year, with plans to increase the local workforce by 30%, and is simultaneously expanding its retail presence with a 400th shop at Galway Racecourse while navigating UK regulatory changes.
UK Problem Gambling Rate Edges Down to 2.4% in 2025 as GSGB Faces Fresh Criticism
The Gambling Commission's GSGB 2025 shows problem gambling fell to 2.4% amid slight participation declines, but the survey faces renewed criticism from Regulus Partners over methodological flaws and alleged bias.
H2 Gambling Capital: UK Tax Hikes Could Drive Illegal Betting Surge
A new H2 Gambling Capital analysis forecasts that UK tax increases will push illegal online gambling turnover to £36bn by 2031, with the black market's share rising to 22%, prompting the BGC to warn of severe economic consequences.
Rank Group forecasts FY26 profit at least £76m, beating consensus despite regulatory provision
Rank Group expects FY2026 underlying operating profit of at least £76 million, exceeding consensus by around 11%, despite a £5 million provision for a UK Gambling Commission settlement. Growth was driven by all divisions, particularly digital and gaming machines, with the company managing a sharp increase in Remote Gaming Duty through cost controls.
UK Government Consultation Targets Unlicensed Gambling Sponsorships Across Sport and Culture, with Ban Proposed by August 2027
The UK DCMS has launched a second consultation on banning unlicensed gambling sponsorships across sport and culture, proposing an August 2027 start. Entain urges immediate voluntary action, while data shows 40% of Premier League clubs currently have unlicensed sponsors and illegal gambling turnover has surged to £16.6 billion.
Navigating Multi-Jurisdictional Compliance: The New Reality for Global iGaming Operators
Global iGaming operators can no longer rely on a single international license as more countries adopt their own regulatory frameworks. 1xBet illustrates how multi-jurisdictional compliance has become a continuous management challenge, requiring operators to adapt locally while maintaining consistent global standards.
Evolution scraps $85m Galaxy Gaming merger after regulatory delays
Evolution has ended its $85m acquisition of Galaxy Gaming due to pending regulatory approvals, paying a $5.2m termination fee. CEO Martin Carlesund said the deal was not significant for Evolution, which continues its existing partnership with Galaxy.
EGBA report: European online GGR hits €18bn as AML and safer gambling efforts intensify
EGBA's 2025 Annual Activity Report shows combined online GGR of €18bn, a 34% annual rise, while the association expanded its AML work, safer gambling initiatives, and membership—including Tipico's addition and Super Technologies' board appointment.