Rogue City broker jailed over unauthorised £3m trading – BBC News
“A City trader has been jailed for two-and-a-half years after making £3m-worth of unauthorised trades.”
BBC News, 1st July 2010
Source: www.bbc.co.uk
“A City trader has been jailed for two-and-a-half years after making £3m-worth of unauthorised trades.”
BBC News, 1st July 2010
Source: www.bbc.co.uk
“A young professional poker player lost £156,000 at the High Court today when a judge ruled he must pay a rabbi who placed spread bets for him on the Dow Jones index.”
The Independent, 10th June 2010
Source: www.independent.co.uk
In re Frankice (Golders Green) Ltd and others; [2010] WLR (D) 118
“The words ‘legal process’ in para 43(6) of Sch B1 to the Insolvency Act 1986 meant something with a defined beginning and an ascertainable outcome, involving the compulsive power of the law, which, in the interim, was governed by a recognisable procedure which was legal or quasi-legal in nature.”
WLR Daily, 10th May 2010
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“The advertising watchdog has banned a TV commercial for a gambling website for portraying black people as less intelligent than white people and presenting a negative racial stereotype.”
The Guardian, 17th March 2010
Source: www.guardian.co.uk
“Consumer regulator the Office of Fair Trading (OFT) is taking five prize draw companies to court over competitions that it believes are unfair to consumers. It has asked the High Court for an injunction to stop the competitions taking place.”
OUT-LAW.com, 19th January 2010
Source: www.out-law.com
“More than two years after Guardian Money highlighted the questionable tactics of two prize draw promotions companies, Britain’s consumer watchdog is launching court action aimed at putting a stop to their ‘deceptive’ practices.”
The Guardian, 16th January 2010
Source: www.guardian.co.uk
“In our consultation paper we propose the repeal of some seven obsolete statutory provisions which relate to the holding of different forms of lottery.”
Law Commission, 12th January 2010
Source: www.lawcom.gov.uk
“The High Court has said that a UK hosting company does not have to comply with a US state court’s order demanding that it hand over a gambling company’s domain name.”
OUT-LAW.com, 4th November 2009
Source: www.out-law.com
“The Gambling Commission’s ‘softly softly’ approach to one-off lotteries may undermine its ability to prosecute , a gambling law expert has said.”
OUT-LAW.com, 15th September 2009
Source: www.out-law.com
“Racecourses did not break competition laws when they decided to sell their television rights only to a company that they owned. A rival company owned by betting shops has lost its case at the Court of Appeal.”
OUT-LAW.com, 30th July 2009
Source: www.out-law.com
“A Swindon woman whose winning lottery ticket was found and cashed in by someone else has been told she will be paid more than half the original prize.”
BBC News, 24th July 2009
Source: www.bbc.co.uk
“A controversial competition to win a house that was halted by the Gambling Commission has been allowed to proceed.”
OUT-LAW.com, 14th May 2009
Source: www.out-law.com
“A Carlisle woman who worked as a local politician before developing an addiction to online gambling was jailed today for stealing almost £40,000 to pay her debts.”
The Guardian, 8th april 2009
Source: www.guardian.co.uk
“Gamblers will be able to bet more and win bigger prizes on slot machines in pubs, clubs and amusement arcades after successful lobbying of the Government by the gaming industry.”
The Times, 5th January 2009
Source: www.timesonline.co.uk
Calvert v William Hill Credit Ltd [2008] EWCA Civ 1427; [2008] WLR (D) 393
“A pathological gambler was not entitled to damages for negligence from a telephone bookmaker which had failed to implement an agreement to prevent him from placing telephone bets. The duty of care undertaken by the bookmaker was to prevent the claimant placing telephone bets with them, not to prevent him gambling altogether. The court could not ignore the fact that the claimant would probably have placed ruinous bets with other bookmakers had he been prevented from gambling with the defendant.”
WLR Daily, 17th December 2008
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“Solicitors across the country have received a formal warning about the dangers of getting involved in prize draws to shift unsold houses and flats during the economic downturn.”
The Times, 15th November 2008
Source: www.timesonline.co.uk
“A compulsive gambler who lost £2million to a bookmaker begins his appeal after losing a compensation claim earlier this year.”
Daily Telegraph, 16th October 2008
Source: www.telegraph.co.uk
“The Gambling Commission has warned home owners that they could be breaking the law if they operate internet-based schemes to offload unsold houses. The draw for the most famous of the schemes will take place on Thursday.”
OUT-LAW.com, 13th October 2008
Source: www.out-law.com
“The growing band of home owners who resort to raffling their properties could be breaking the law, the Gambling Commission has warned.”
Daily Telegraph, 10th October 2008
Source: www.telegraph.co.uk
“Whenever there is a new money-making venture it does not take too long before the criminal fraternity moves in. It is particularly pertinent in difficult economic times when even more people will be drawn into get-rich-quick schemes.”
The Times, 20th September 2008
Source: www.timesonline.co.uk