Flutter and TSG Secure CMA Approval For Mega-Merger

The UK’s Competition and Markets Authority (CMA) has given its approval to the proposed mega-merger between Flutter Entertainment, the parent company of Paddy Power Betfair, and Sky Bet operator The Stars Gro...

UK’s CMA To Investigate Flutter-Stars Mega-Merger

The UK’s Competition and Markets Authority (CMA) has announced that it is to investigate the proposed mega-merger between Flutter Entertainment and The Stars Group (TSG). In October last year, Flutter, the p...

BitMEX Warned for ‘Misleading’ Bitcoin Ad in the UK

The UK Advertising Standards Authority (ASA) has upheld its complaint against crypto derivatives platform BitMEX for placing a Bitcoin ad in the newspaper. The watchdog received four complaints against the a...

FCA Plans to Ban Crypto Derivatives, ETNs

The United Kingdom’s financial watchdog on Wednesday announced its intentions to ban the sale of crypto-based derivatives and exchange-traded notes (ETNs) to retail customers. Per the Financial Conduct Autho...

Rob Bowen Joins Pepperstone to Head London Office

Rob Bowen joined Pepperstone, the company confirmed to FortuneZ in a statement. He will continue to be based out of London and will hold the position of Chief Commercial Officer for Europe and South Africa. ...

FCA Probes 18 Crypto Firms Operating in UK

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is investigating 18 companies in connection with cryptocurrency transactions amid market threats, according to a Sunday Telegrap...

UK Raises Remote Gaming Duty To 21%

UK Chancellor Philip Hammond has this afternoon (Monday) confirmed remote gaming duty will increase from 15% to 21% from October 2019, while stakes will also not be cut on FOBTs for another 12 months. Hammon...

UK To Delay FOBT Changes Until October 2019

The UK government is on collision course with FOBT critics after reports it will delay the introduction of new B2 rules and regulations until next October. Chancellor Philip Hammond is set to announce the pl...