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UKGC: How will the ban on gambling with credit cards affect the industry?

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U.K’s Gambling Commission recently made a decision to ban gambling with credit cards. The Commission has been on a mission to promote responsible gambling and it looks like this is the next step. From now on players won’t be able to bet the money they don’t have on online games. The initiative has been around for over two years, ever since charity groups GambleAware and Citizens Advice first suggested the idea. According to the commission, around 22% of problem gamblers use credit cards to play, so it makes sense to introduce this ban in order to avoid credit card debt. This could be the start of the revolutionary approach to gambling that we haven’t seen yet. The U.K is pioneering the movement aimed at putting an end to risky gambling and promoting the responsible approach instead.

What the commission hopes to accomplish

By imposing this ban the commission hopes to promote the approach that urges the players to only spend within reason. When gamblers use credit cards it can become harder to know when to stop, because you’re not losing the money you already have. The whole appeal of the credit cards is also their biggest downside. They prevent you from thinking about money in a responsible way, in the industry where money can so often become an issue, it seems irresponsible to gamble away by using a credit card.

With this move, the commission hopes to promote a more balanced approach to gambling and it might be setting an example for other countries to follow as well.

This ban hasn’t been made official yet, and U.K’s major betting websites including PokerStars, 888, Betfair and Bet365 are still accepting credit cards on their websites and have previously received criticism for along their players to get themselves into huge debts.

It hasn’t been confirmed yet, but it is likely that payment services like Paypal and various e-wallets will also be banned.

This is a huge shift in the gambling industry and the feedback has been mixed. While this move will definitely help those with the spending problem to get their bad habits in check, for those who have no problem gambling responsibly even with credit cards it might become an inconvenience. But since the topic of responsible gambling has become so relevant, it makes sense that the U.K made this decision.

We’ve seen a major shift in the way authorities approach gambling and according to industry authority VegasSlotsOnline, there are more regulations coming in the way of the casino industry, such as the record fine of 2.34 million Euro imposed on Blackrock Media by the Malta Gambling Authority.

The future of gambling

Gambling has become a huge part of the entertainment industry and online casinos have only taken its popularity further. But with online casinos, it also became harder to control some aspects of gambling. For example with online gambling it might be harder to control whether or not the player is underage, there is more room for fraudulent activities and overall online casinos have presented a whole new set of challenges for the gambling community, playing with credit cards being one of them. The proactive approach aimed at creating a more regulated gambling scene will definitely make the change for the better in the industry, but it is a fine line between trying to regulate the negative aspects of it and then trying to keep the casinos under tight control. The second one will definitely not last very long while the first option can only bring positive changes to the community.

This trend of promoting responsible gambling can be seen in other parts of the world as well, and if the U.Ks effort turns out to be successful we will likely see the wider adoption of the new regulations across other countries as well.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UKGC: How will the ban on gambling with credit cards affect the industry?

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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SPORTFIVE Study Highlights Women’s Football Value & Growth Potential

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New research from global sports marketing agency SPORTFIVE finds a growing interest in women’s football as more than half (54%) of the population aged 16-64 have an interest in women’s football, but 76% of fans feel they don’t see enough coverage of the sport.

  • 196 million fans of women’s football aged 16-64 across six surveyed markets 
  • 76% of fans feel that they don’t see enough coverage of women’s football
  • ‘The national team’ is the most common reason behind fandom

Women’s football is undergoing an unparalleled period of growth, with recent years seeing soaring popularity and marked uplifts across every level of the sport.

With a strategic objective to develop the women’s sport business, SPORTFIVE commissioned the whitepaper ‘Rise of Women’s Football – A Movement, Not A Moment’ to recognise and illustrate the value of the most popular women’s sport and underline the crucial steps needed to maximise its full potential.

Analysing women’s football through the lens of six key markets Australia, France, Germany, Spain, the UK and the U.S, the study examines four key components that are driving development in the game: brands, fans, players and media platforms.

For more information and whitepaper visit sportfive.com/press-media

 

The post SPORTFIVE Study Highlights Women’s Football Value & Growth Potential appeared first on European Gaming Industry News.

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TEAM VITALITY RENEWS STAR-STUDDED AMERICAN TEAMFIGHT TACTICS ROSTER

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  • Team Vitality has announced the renewal of its Teamfight Tactics (TFT) dream team, after a successful 2024, securing a top 4 finish at the 2024 Esports World Cup.
  • The all-American team features renowned pro-players and streamers; Kevin ‘setsuko’ Jiang, Michael ‘k3soju’ Zhang, Jeffrey ‘Milk’ Pan, and Kevin ‘Prestivent’ Zou, who have renewed their contracts with Team Vitality for the full year of 2025.
  • The renewal highlights Team Vitality’s ongoing commitment to strengthening its international growth in the competitive landscape and engaging with its global fan base through events, streaming, content, and more.

Team Vitality, the leading esports organisation, is proud to announce the renewal of its Teamfight Tactics (TFT) team. The all-American roster of Kevin ‘setsuko’ Jiang, Michael ‘k3soju’ Zhang, Jeffrey ‘Milk’ Pan, and Kevin ‘Prestivent’ Zou will continue to represent Team Vitality on the global stage throughout 2025. The roster signifies Team Vitality’s commitment to building long-term relationships with top-tier talent while reinforcing its continued expansion into the American esports industry.

TEAM VITALITY SET TO CONQUER THE TFT ARENA

The roster is gearing up for an exciting competitive season ahead, with the team set to participate in several high-profile events throughout the year, such as the Riot Games TFT Esports Circuit. Another standout event in the competitive calendar is the TFT Open LAN in December, which will be taking place in Paris, the home turf of Team Vitality. Here the roster plans to showcase their skills and further build their legacy as one of the most elite teams in the TFT competitive scene.

The roster, boasting exceptional talent, is composed of:

  • Michael ‘k3soju’ Zhang – Michael “k3soju” Zhang, is one of the most prominent streamers in TFT and worldwide. With a long-standing presence in competitive esports, having competed in other esports titles such as League of Legends, k3soju is one of the most popular players in the scene. k3soju has secured multiple notable achievements such as becoming runner-up in the 2022 Dragonlands: North America Regional Finals upon which he made his World Championship debut. A top 4 finish in the 2024 Esports World Cup gained k3soju additional popularity all across the world. Aside from his TFT success, k3soju is often one of the top 10 most watched streamers on Twitch globally. With 224 hours streamed in 2024, he boasts a dedicated following of 624K fans, with over 3.3 million hours watched and 23,000 peak viewers. His impressive track record and huge streaming presence make him a formidable force in the TFT community.
  • Kevin ‘setsuko’ Jiang – Setsuko is a rising star, known for his fast-paced, aggressive playstyle. His unique talent and strategic thinking have led to several impressive accomplishments, including multiple first places in the 2023 Monsters Attack and Runeterra Reforged Sets of Teamfight Tactics. Most recently, he accomplished a 9th place finish at the TFT Open LAN in Macao, and placed top 4 in the 2024 Esports World Cup alongside his team. Setsuko also boasts a substantial following on Twitch, with 188K followers, where he streams his expert gameplay.
  • Jeffrey ‘Milk’ Pan – DeliciousMilkGG, Milk Guy, or simply Milk, has earned a reputation for his mastery of high-cost units and powerful synergies. A consistent top 4 finisher, Milk excels at crafting potent endgame compositions, often securing victories with his calculated strategic decisions. His impressive achievements include first places in several meaningful tournaments such as but not limited to the 2022 Gizmos & Gadgets: NA Regional Finals. Milk also finished 2nd in the most recent Americas Final and Top 4 at the 2024 Esports World Cup. Beyond his success as a pro player, Milk connects with his fans on Twitch, with a dedicated following of over 160K.
  • Kevin ‘Prestivent’ Zou – As the final member of the roster line-up, Prestivent, is a respected professional in the Teamfight Tactics community, ranked among the best for his strategic prowess and consistent performance. Prestivent also streams on Twitch, with a growing audience of 84K followers. Prestivent’s skills, drive, and passion make him a key player on the roster, bringing both top-tier gameplay and support to his team.

With a combined Twitch following of over a million fans, the team members are key influential figures in the TFT community. Through their engaging content, the team connects with fans worldwide, sharing valuable insights into their gameplay, educating aspiring competitive players, and building strong relationships with their audiences. United by a shared ambition to continue captivating fans worldwide, all whilst reaffirming their dominance in Teamfight Tactics, through their exceptional performance and dedication.

I’m proud to represent Team Vitality for another year, “ said k3soju, pro-athlete for Team Vitality. “We’ve grown so much together, as a team and as individuals, and we’re more determined than ever. I’m excited to see what this season will bring and am incredibly grateful for the ongoing support from our fans.

Our roster renewal signifies Team Vitality’s ongoing strive for excellence and global expansion,” says Fabien “Neo” Devide co-founder and chairman of Team Vitality. “We’re incredibly proud to have such talented players represent us, both on and off stage, as they continue to inspire and elevate the standards of competitive gaming. This year, we’re focused on further expanding our presence on an international level, particularly in North America, while continuing to grow with our existing fanbase.

ACCELERATING TEAM VITALITY’S INTERNATIONAL EXPANSION

By focusing on its star players, investing in their development and providing them with the resources they need to excel, Team Vitality is affirming its commitment to growing world-class talent. This vision is as much about their individual progression as it is about the club’s overall success on the international stage.

With ambitions to expand even further, Team Vitality is looking to reach new heights in esports. This year, the organisation is building on the strength of its Teamfight Tactics (TFT) roster to strengthen its ties with its North American community, while continuing to expand into new global markets.

For all press inquiries: [email protected]

The post TEAM VITALITY RENEWS STAR-STUDDED AMERICAN TEAMFIGHT TACTICS ROSTER appeared first on European Gaming Industry News.

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Swifty Sports Seals Game-Changing SPA with SGN to Dominate Sportsbook Ireland

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Power move positions Swifty Sports for explosive growth, elevating its online betting and casino offerings in Ireland.

The game has changed. Swifty Sports is the most promising force in online sports betting. It has officially entered into a groundbreaking Stock Purchase Agreement (SPA) with Signing Day Sports (SGN), positioning itself for an unprecedented surge in the sportsbook Ireland industry. This strategic acquisition cements Swifty Sports’ ambition to outpace competitors and redefine online betting. With final approvals imminent, anticipation is soaring—Swifty Sports isn’t just playing the game; it’s rewriting the rulebook.

The agreement marks a turning point for Swifty Sports, a brand that has earned recognition for delivering a next-level online betting experience Ireland trusts. Swifty Sports gains access to global resources by joining forces with SGN, enabling it to refine its platform with AI-driven analytics, faster transactions, and expanded betting options. James Gibbons, CEO of Swifty Global commented, “The Swifty Global team has worked extremely hard, demonstrating exceptional diligence and discipline in building an outstanding business with a solid foundation as one of the biggest sportsbook’s in Ireland.”

Swifty Sports has already distinguished itself from competitors by offering Swifty Sports Betting and Swifty Sports Online Casino, providing bettors with high-speed transactions, robust security, and an extensive selection of games. This deal will allow the company to scale up and compete with some of the biggest names in the sportsbook Ireland industry, positioning itself alongside global gaming powerhouses. Swifty Sports will expand its market reach by leveraging SGN’s industry expertise, making it a serious contender in Ireland’s fast-growing online gambling sector.

This strategic move follows a broader consolidation trend within the gaming industry, with major players acquiring promising betting platforms to solidify their presence. Swifty Sports’ aggressive expansion plan mirrors similar deals across betting sites in Ireland as companies race to meet growing consumer demand for seamless and secure online wagering. The merger is expected to not only boost Swifty Sports’ valuation but also reshape competition in the market.

With final approvals anticipated in the coming weeks, Swifty Sports is already preparing new features and promotions to mark this transformative shift. As excitement builds, the company remains committed to maintaining its reputation for reliability, transparency, and an unmatched user experience. The partnership with SGN is expected to unlock new opportunities, cement Swifty Sports as a leader in Swifty Sportsbook Ireland, and set a new industry standard.

As the deal nears completion, Swifty Sports is focused on delivering an upgraded gaming experience that will solidify its place as the premier online betting site Ireland. With the merger of SGN, the company is well-positioned to outpace competitors and redefine what players can expect from a modern sportsbook and casino platform.

To learn more about this game-changing partnership and discover the future of online betting, visit swifty.global/.

 

The post Swifty Sports Seals Game-Changing SPA with SGN to Dominate Sportsbook Ireland appeared first on European Gaming Industry News.

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