The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRank Share News (RNK)

Share Price Information for Rank (RNK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 86.20
Bid: 86.60
Ask: 88.80
Change: 0.00 (0.00%)
Spread: 2.20 (2.54%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 86.20
RNK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK gambling firms told to slow down slot machines in new crackdown

Tue, 02nd Feb 2021 08:37

(Sharecast News) - UK gambling firms have been told to slow down spin speeds on online games as part of a package of strict safety measures by the Gambling Commission.



New rules include the introduction of limits on spin speeds, and the permanent ban on features that speed up play or celebrate losses as wins.

The commission also banned features that speed up play or give the illusion of control over the outcome and auto-play - which can lead to players losing track of their play.

Other changes include the permanent ban on reverse withdrawals - a function which allows consumers to re-gamble money they had previously requested to withdraw and the clear display to the player of their total losses or wins and time played during any online slots session.

Operators will also need to implement tough new player protection measures which will make online casino games less intensive and safer by design.

The changes come after the publication of a consultation by the Commission in July 2020 that revealed that an auto-play feature in online gambling games was linked to some players losing track of play, making it difficult for some to stop playing and in some cases gambling on other activities simultaneously.

Evidence shows that reverse withdrawal functions present a risk to players because of the temptation to continue gambling.

Neil McArthur, Gambling Commission chief executive, said: "This is another important step in making gambling safer and where the evidence shows that there are other opportunities to do that we are determined to take them."

More News
8 Dec 2020 17:20

UK EXECUTIVE CHANGE SUMMARY: Impax AM's Long-Serving Chair Retires

UK EXECUTIVE CHANGE SUMMARY: Impax AM's Long-Serving Chair Retires

Read more
16 Nov 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
6 Nov 2020 17:03

LONDON MARKET CLOSE: Calm Finish To Chaotic Week With Biden On Brink

LONDON MARKET CLOSE: Calm Finish To Chaotic Week With Biden On Brink

Read more
6 Nov 2020 13:26

IN BRIEF: Major Shareholder Helps Rank Complete GBP70 Million Raise

IN BRIEF: Major Shareholder Helps Rank Complete GBP70 Million Raise

Read more
6 Nov 2020 10:29

UK WINNERS & LOSERS SUMMARY: Urban&Civic Jumps As It Agrees Buyout

UK WINNERS & LOSERS SUMMARY: Urban&Civic Jumps As It Agrees Buyout

Read more
6 Nov 2020 08:21

Rank Group raises £70m in placing to strengthen balance sheet

(Sharecast News) - Mecca Bingo and Grosvenor Casinos owner Rank Group said on Friday that it has raised £70m in an equity placing to strengthen its balance sheet.

Read more
5 Nov 2020 18:05

UPDATE: Rank Plans Placing And Retail Offer To Raise GBP70 Million

UPDATE: Rank Plans Placing And Retail Offer To Raise GBP70 Million

Read more
5 Nov 2020 11:09

Rank Confirms Discussions On Potential Fundraise For Balance Sheet

Rank Confirms Discussions On Potential Fundraise For Balance Sheet

Read more
5 Nov 2020 08:22

LONDON BRIEFING: Sainsbury Expects Lockdown Boost But Cuts 3,500 Jobs

LONDON BRIEFING: Sainsbury Expects Lockdown Boost But Cuts 3,500 Jobs

Read more
5 Nov 2020 07:53

Rank Group in talks over potential equity raise

(Sharecast News) - Mecca Bingo owner Rank Group confirmed on Thursday that it is in talks over a potential equity raise.

Read more
4 Nov 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
29 Oct 2020 09:51

Rank Group Announces Disposal Of Last Owned Casino In Belgium

Rank Group Announces Disposal Of Last Owned Casino In Belgium

Read more
10 Sep 2020 09:38

Rank Group Declares No Final Payout As Profit Drops In Full Year

Rank Group Declares No Final Payout As Profit Drops In Full Year

Read more
10 Sep 2020 08:19

Profit at casino operator Rank dented by Covid

(Sharecast News) - Casino operator Rank Group said on Thursday that full-year profit fell as the Covid-19 crisis dented revenues.

Read more
3 Sep 2020 16:00

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.