πŸ’ Holdings Plc says rise in online casino and poker may partially offset loss of sports betting

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888 Holdings' finance chief steps down after 15 years

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Technical Analysis on 88-Energy (88E) and 888-Holdings - 1st June

The time-out feature is another tool that should be implemented, which provides gamblers with the option to take a time-out and not be able to gamble for a set period of time, like 24 hours, one week, one month or as long as six weeks. Home Latest Casino and Gambling News.{/INSERTKEYS}{/PARAGRAPH} According to the brokerage, it seems the public process is the way the Commission prefers to regulate the gambling industry as of late. It was announced yesterday that a subsidiary of Holdings Plc is under investigation in regard to consumer protections and if the licensee is doing their part, staying in line with UK regulations. As far as the investigation is concerned, the company plans on making further announcements on the matter as soon as information is made available. One tool that should be included is a self-exclusion option where players have the ability to prevent themselves from gambling for a specific amount of time. {PARAGRAPH}{INSERTKEYS}Consumer protection is on the mind of the Gambling Commission, a group that is currently placing their focus on online gaming operator Holdings. Brokerage firm Peel Hunt commented on the review stating that they believe to be a responsible operator but still expect the company to face a fine and changes to be made to the business in question due to the review. The Gambling Commission will use the review to determine if the run business is following the social responsibility requirements by having the proper procedures in place to help bettors manage their gambling activities. The License Conditions and Codes of Practice within the Commission have required that all licensed gambling operators avoid misleading customers about promotions since May of and it seems the Commission is now focusing efforts on individual companies to see if they are holding true to these requirements. This time frame is usually set for around six months.