UK’s Minister for Sport Tracey Crouch has claimed that he will not tolerate any sort of illegal gambling and other related actions to the gambling industry. He spoke during the Responsible Gambling Trust which was held for the third year since it was launched. The conference took place at the King’s Fund in London. Mr. Crouch claimed that he was for the good work that has been for long portrayed and put into practice by RGT and the betting industry who have worked closely with the government in attempt to eradicate illegal betting.

She claimed that all has to be put into practice in order to have a peaceful co-existence in the industry. The joining hands of the government, betting industry as well as the regulators are crucial for the eradication of any irregularities related to the industry. She continued to say the no huge part can be played by Goodwill alone as there are other aspects that needs to be put into consideration. The least amount of time the RGT takes to put in place the resources at the right place is far much better than working all alone.

She was backed up by Neil Goulden who is the chair person at Charity who urged all stake holders to embrace the desire to up their work for a better and smooth running of businesses. This included raising their willing donations to the RGT. According to RGT, the betting firms should at least give out 0.1% of their total yield which would be used to support various sectors including education, treatment as well as thesis on various ways to minimize illegal betting. The 0.1% is believed to be roughly £9 million an year. In 2014/15, the RGT received donations amounting to £6.5 million.

Goulden claimed that it is a good job done by RGSB who have devoted their efforts in coming up with various strategies of eradicating any form of harmful behaviors in the industry. It is now upon the stakeholders in the industry to come out and at least fund the organization with just 1p from their £10 in gross profit. Others have gone an extra mile in giving out more than what the organization asks which a very generous entity is.

He concluded by saying that it is upon the firms under Industry Group for Responsible Gambling to fund the RGT who will not let them down in their respective duties.

Many betting firms have always made acquisition of operational certificates their first priority the moment they are launched. More often than not, these sites usually avoid being on the wrong side of regulatory bodies when it comes to matters pertaining betting. There different type of certificates depending on the awarding regulatory bond. They differ in terms of duration period, areas they are allowed to operate in as well as the products and services that a firm should accord its clients.

The difference in the type of these certificates has been on existence since the early days of gambling. On that not, iSoftBet, a well known online and mobile games supplier has claimed that it has achieved a crucial step after it acquired the UK Level 3 certificate which is awarded by the UK Gambling Commission.

The process of acquiring this license started a year ago specifically in November of last year when iSoftBet was accorded this license by the UK Commission. However, rules claim that a 12 month period would be given to any firm seeking this certificate in which the gaming company at stake is supposed to bring its entire gaming suite to the third level of compliance.

iSoftBet took this time to strive hard and in the end it was able to meet the standards required by the UKGC. This gave the firm a go ahead and continued to accord its client with a flow of undisturbed service provision.

Recently, iSoftBet created the Neon Reels slot game which added its number of games in its platform and hence the company grew in strength. It is now able to provide its clients with outstanding first hand titles, slots as well as amazing mobile contents. This step forms an enhancement in its reputation and increases its chances of competitive market.

Commenting on the accomplishments, iSoftBet Compliance Manager Mark Halstead noted that the incorporation of the attainment of the level 3 forms a basic step in increasing the commercial development of iSoftBet and hence bolsters their quality and marks a new beginning of a productive period accompanied by massive growth.

Greyhound online betting has in the recent seen to improve drastically with this improvement attributed by the incorporation of new technologies. The rise has been evident across the globe with the UK leading the line in the number of punters involved in Greyhound betting.

This radical growth has called for actual global launch of the Greyhound betting by the BAGS in partnership with SIS. The new incorporation of a betting strategy will be played in desktops as well as mobile platforms.

BAGS has been for long led the line in the provision of about 30,000 greyhound races which emanate their base from at least 20 UK tracks in 2015. The fir joins hands with SIS in attempt to bring the most optimistic quality to their operators as they provide the most enticing and top class quality ever.

The main purpose of SIS will be the provision of picture forms and interactive data that will be readily available globally to all bookmakers via the SIS patented Stream streaming platform technology.

The chairman of SIS was happy to be behind the launching of a global British greyhound racing to all bettors on the planet that will have the opportunity to form a basis of interaction to all the products offered.

The greyhound racing is deemed to have a great impact not only to the racing itself but also to all participants. As an online business, it is claimed to bring in the validity, notoriety as well as appeal in the global market. This comes due to the fact that greyhound racing has already found a permanent base where it can incorporate all its entities with bookies such as 888 Sport, bet365 and William Hill Sports having the welcoming hand.

The growth is inevitable since both SIS and BAGS have incorporated a new form of technology that will be crucial in the functioning of the system. Live video streaming will be one service that would be accorded to the UK populace with the help of At The Races. This would in turn bring more patronage, betting activities as well as income. There will be several greyhound venues to be set up too.

Paddy Power shareholders will finally be merging with their rival Betfair Company, and the Paddy Power Company is willing to put up a planned 6.4 billion euros for this initiative. The catalogue will be presented to the companies’ investors before the casting of ballots at a very exclusive general meeting. It is expected that the phase 1 competitor review, presently set up by Ireland’s Competition and Consumer Protection Commission, will be done by December 1^st. The UK competition and Market’s Authority is taking part in promoting fair competition for the industry clients, and is due to submit their proposed merger reviews on November 20^th.

The final decision regarding the merging of the companies is set to be delivered on January 7^th, 2016 by the CMA. In case Paddy Power and Betfair Company clear the UK and Ireland supervisory obstacles without any interruptions, and have approval from their investors, the merging process will be finalized by March, 2016. The CCPC is also set to review the merged entity which is supposed to trade on the London FTSE 100. The time frame for the merger process will be dependent on any issues the CCPC may face with the companies proposals. Specifying further insight on its merger procedures, Paddy Power confirmed that it would pay-out a special 80 million euros, equivalent tobonuses to its shareholders, before the deal concludes.

Morgan Stanley and IBI Corporate Finance are offering advice to Paddy Power, while Goldman Sachs Group Inc. is offering monetary counsel to Betfair. As predicted, the new body will gain a premium listing on the London FTSE. Additionally, the new entity will pursue a secondary listing on the Irish Stock Exchange as an overseas company. Through this merger, Paddy Power will be able to acquire Betfair properties at a near value of 2.86 billion euros equivalent to 3.2 billion dollars. This will also entitle Paddy Power 52% of the total share dealings of the new business entity, which will trade by the title Paddy Power Betfair. The Merged business entity will have its head office in Dublin; with Andy McCue as the leading Chief group operating officer, and Betfair CEO Breon Corcoran as the chief executive.

London already hosts three regular in-season NFL games annually and currently expecting a team to relocate there soon. The league may find the daily fantasy sports a cumbersome issue to deal with since it has been under increasing scrutiny with the root issue being sports betting. It is legal in the U.K but there are restrictions in the U.S. The daily fantasy sports such as Draftkings and Fan Duelare causing the problem since in most states they are considered to be games of skill and not gambling and have been left out in the Unlawful Internet Gambling Enforcement Act of 2006. The act exempts the daily fantasy sports from ban in the U.S due to excessive lobbying by the NF|L. the NFL has been against gambling for a long time fearing compromise of the real games as well as the league growing to full potential.

Draftkings is the advertising company for NFL at Wembley and it is considered a gambling company and requires a license under the U.K law. They therefore have to adhere to the warning that they are only allowed to advertise to the fans in the U.K. only the giant screens provided for replays can advertise it. It ensures that the U.S fans watching won’t see the logos and adverts belonging to Draftkings. This means that NFL will be able to create some space between the company and the daily fantasy sports as an industry. Despite this, other leagues such as the Major Leagues baseball have invested in the company openly together with its all time rival, Edinburgh-based Fan Duel. This commotion has proved to be a problem and hampers all the NFL plans to expand into London which they anticipate as the intended growth they see for their company and the industry in terms of the audience and the revenues. The fans that are based in the U.K can freely and openly bet on their favorite teams playing in the U.K but has to be done with a regulator who will enforce the laws the gambling license will hold. The industry has since been unregulated pending the increased scrutiny from the U.S.