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12.06.26 - 09:36
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Paddy Power owner Flutter to scrap listing on London Stock Exchange (The Guardian)
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Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock marketBusiness live – latest updatesThe gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in yet another blow for the UK's shrinking stock market.Flutter Entertainment, the world's largest online betting company, told investors that it will cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs. Continue reading......
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04.06.26 - 08:06
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Widow of gambling addict takes Betfair to court in possible landmark UK case (The Guardian)
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Success would establish for first time that a betting firm had duty of care to customers with signs of problem gamblingThe widow of a gambling addict who took his own life after falling £18,000 into debt begins a legal claim on Thursday against Betfair that could have far-reaching consequences for the UK's gambling industry.Luke Ashton, 40, from Leicester, died in April 2021 after suffering from a gambling disorder that led him to place thousands of bets with the company, which sent him promotional “free” bets.In the UK and Ireland, Samaritans can be contacted on freephone 116 123, or email jo@samaritans.org or jo@samaritans.ie. In the US, the National Suicide Prevention Lifeline is at 988 or chat for support. You can also text HOME to 741741 to connect with a crisis text line counselor. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org Continue reading......
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12.05.26 - 17:30
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I don′t want to sound like a tub-thumping zealot … but it′s time to ban ads for gambling | Emma Beddington (The Guardian)
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I've had it up to here with Danny Dyer's commercials for Paddy Power. The UK needs to take a tip from Amsterdam and rein in its advertisersAmsterdam's new ban on public advertisements for meat and fossil fuel products makes me wonder whether we should be more ban-happy with ads in the UK. There are plenty I want rid of: “See it, say it, sorted”, obviously, which refuses to die, and those LNER ads featuring a hideously perky puppet treating train travel like an excuse for a party (pipe down, Eleanor). Also up against the wall when I'm in charge: overly matey ads for banks (don't you dare call me “bestie” when you're selling me an Isa); any catchy jingle that displaces the scraps of useful information still clinging on in my brain; and the whole wellness grift of snake oil powders and goo.But if I could ban only one type of advertising, I'd go after gambling. It's hard not to sound like a Victorian tub-thumping religious zealot when you rant about gambling ads, but my God, they're grotesque...
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