Business
Half of British adults gambled in last month – survey
Almost half of adults (48%) in Great Britain have gambled in the last four weeks, according to an annual survey by the industry regulator.
Some 2.7% of adults scored “8+” on the Problem Gambling Severity Index (PGSI) in 2024 – up from 2.5% the previous year – which is “statistically stable” compared to the year before, the Gambling Commission found.
The headline figure of those who gambled over the last month – which is the same as the previous year – falls to 28% when those who had only bought tickets for a lottery draw were excluded.
Overall, some 42% of adults who gambled in the past 12 months rated the last time they gambled positively, compared to 21% who rated it negatively.
The chance of winning “big money” was the main reason why people gambled (85%), followed by finding gambling to be fun (72%).
Andrew Rhodes, chief executive of the Gambling Commission, said: “The Gambling Survey for Great Britain is a key building block of the evidence base which helps government, industry and other partners understand both gambling behaviour and potential consequences from gambling.
“This year’s findings deepen our understanding of consequences from gambling and provide crucial insight into risk profiles among those who gamble most frequently. We strongly encourage operators to use this evidence to consider the risks within their own customer bases.
“Data and research, such as GSGB, is essential to helping us identify where our regulatory focus should be and informs our ongoing work to implement player protection recommendations from the Gambling Act Review White Paper.
“We have already introduced light-touch financial vulnerability checks on those spending £150 a month, reduced the intensity of all online games by banning autoplay and slowing game speed, and tightened age verification in premises.
“We’ve also banned potentially harmful marketing offers involving consumers having to carry out two or more types of gambling, such as betting and playing slots, and limited the number of times bonus funds must be re-staked before a consumer can withdraw winnings.
Will Prochaska, director of the Coalition to End Gambling Ads, said: “The Gambling Commission releases these statistics as if nothing is wrong. But there’s something very wrong when over a million people have a gambling problem and millions more are being harmed.
“Families up and down the country are being torn apart to deliver profits for big gambling corporations. If we’re serious about addressing this crisis, we must start by banning gambling advertising.”
Households entitled to national benefits will be identified by the new system.
Source link
Defense Secretary Pete Hegseth previously threatened to remove the firm from the department’s supply chain.
Source link
Business
Stocks To Watch: Vishal Mega Mart, Axis Bank, Jio Financial Services, Hindalco, Vedanta, And Others
Last Updated:
Stocks to watch: Shares of firms like Vishal Mega Mart, Axis Bank, Jio Financial Services, Hindalco, Vedanta, and others will be in focus on Friday’s trade
Stocks To Watch on February 27
Stocks to Watch Today, February 27, 2026: Indian equities are likely to open on a cautious note amid mixed global cues. As of 7:41 AM, GIFT Nifty futures were trading 87 points lower at 25,549.
Vishal Mega Mart: Promoter Samayat Services is reportedly looking to offload up to a 6.5 per cent stake via a block deal. The transaction is valued at around Rs 3,507.5 crore, with a floor price of Rs 115 per share.
Axis Bank: The private sector lender has approached the Reserve Bank of India (RBI) seeking approval to retain a higher stake in its subsidiary, Axis Finance, with only limited dilution proposed.
Netweb Technologies: The company has partnered with Vertiv to develop advanced liquid-cooled rack solutions for AI-focused data centres in India.
Jio Financial Services: The company has infused Rs 2,000 crore into its subsidiary, Jio Credit Ltd, to fund business expansion and growth plans.
Hindalco: The acquisition of AluChem Companies, Inc. through Aditya Holdings LLC has been temporarily delayed after the CFIUS review in the US was paused due to a partial federal government shutdown.
Info Edge: The board has approved a commitment of Rs 250 crore to the newly launched B8 Fund I, a growth-stage fund aimed at strengthening its presence in India’s startup ecosystem.
Reliance Communications: The CBI has reportedly registered a fresh case against Anil Ambani and the company for allegedly defrauding Bank of Baroda of over Rs 2,220 crore between 2013 and 2017.
Ircon International: The Patna High Court has dismissed the company’s writ petition related to VAT assessments for the Ganga Bridge Project (FY11–FY17), upholding a demand of Rs 108.75 crore. Of this, Rs 27.39 crore has been paid, leaving an outstanding Rs 81.36 crore plus interest.
NBCC: The state-run firm has secured project management consultancy orders worth about Rs 775.27 crore (excluding GST) from the Delhi Development Authority (DDA) for redevelopment projects in New Delhi.
MSTC: The company has emerged as the lowest bidder for a Coal India tender to act as an external service provider for non-regulated sector (NRS) linkage auctions for three years.
Onesource Specialty Pharma: The NSE and BSE have issued no-objection letters for the proposed merger and arrangement involving Steriscience Specialties, Brooks Steriscience and Strides Pharma Services.
Vedanta: ICRA has assigned an ‘ICRA AA’ rating to the company’s NCDs with a ‘Watch Developing’ outlook. It also reaffirmed the long-term rating at ‘ICRA AA’ (Watch Developing) and the short-term rating at ‘ICRA A1+’.
BPCL: The oil marketing company has incorporated a wholly owned subsidiary in Singapore — Bharat Petroleum Global Energy Services — to set up a trading desk for crude oil, natural gas and petrochemical products.
Brigade Enterprises: The company has partnered with Primus Senior Living to develop three senior living communities in South India, with an estimated gross development value of Rs 750 crore.
Apeejay Surrendra Park Hotels: The firm has signed a management agreement with Luxmi Tea Co. to operate a 100-room premium hotel under “The Park” brand in Siliguri, West Bengal.
GMDC: The company has signed an MoU with NTPC to jointly explore opportunities in coal and lignite gasification, along with related downstream projects.
Click here to add News18 as your preferred news source on Google.
Follow News18 on Google. Join the fun, play games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
February 27, 2026, 08:21 IST
Read More
Switzerland’s Rieter orders steady at $907 mn amid cautious market
Sharon Osbourne curates special BRIT awards tribute for Ozzy
The 2026 men’s college basketball coaching carousel guide
-
Tech1 week agoA $10K Bounty Awaits Anyone Who Can Hack Ring Cameras to Stop Sharing Data With Amazon
-
Fashion7 days agoICE cotton ticks higher on crude oil rally
-
Business7 days agoUS Top Court Blocks Trump’s Tariff Orders: Does It Mean Zero Duties For Indian Goods?
-
Tech1 week agoDonald Trump Jr.’s Private DC Club Has Mysterious Ties to an Ex-Cop With a Controversial Past
-
Business6 days agoEye-popping rise in one year: Betting on just gold and silver for long-term wealth creation? Think again! – The Times of India
-
Entertainment7 days agoThe White Lotus” creator Mike White reflects on his time on “Survivor
-
Sports6 days agoKansas’ Darryn Peterson misses most of 2nd half with cramping
-
Fashion7 days agoIndia’s $28 bn reset: How 5 trade deals will reprice its T&A exports