Tag: Gambling Commission

Netherlands’ KSA gears up for October igaming launch

Netherlands KSA October igaming launch
Pitted to be one of the most explosive market launches this year, authorities in the Netherlands are readying licensees and regulations for online play to begin on 1 October.

BetConstruct Given the Green Light to Provide Talisman & Big Hi-Lo under its UKGC Licence

BetConstruct green light Provide Talisman & Big Hi-Lo under its UKGC Licence
SoftConstruct (Malta) Limited is pleased to inform about the successful registration of Talisman & Big Hi-Lo with the UKGC.

Football Index failure exposes regulatory shortfalls

Football Index
The collapse of sportsbook-cum-trading-platform, Football Index, has shone a light on the gap between financial and gambling regulation - and whether firms should enjoy the reputation of one and the inferior oversight of another.

Sazka hires UK’s Olympic bid-winner for National Lottery effort

Sazka hires Sir Keith Mills National Lottery bid
Czech gambling operator, Sazka, has hired the chairman of London’s 2012 Olympic bid to support its application to run the UK's National Lottery.

UK gambling: What’s next for high-value players?

UK VIPs Gambling What's next for High Value Players
With the Gambling Commission’s consultation on VIPs now closed, industry observers predict what future regulations will govern how firms interact with their most valued customers.

Pragmatic Solutions granted a B2B remote operating licence in the UK

Pragmatic Solutions granted UK b2b licence
Rapidly growing iGaming platform technology provider, Pragmatic Solutions, has obtained a Remote Operating Licence to support their service to UK-licenced gaming operators.

Covid recovery splitting into winners and losers

Covid recovery
Developed economies are noticing huge disparities between which sectors are recovering after lockdowns, and which are not - a K-shaped trend which the gambling industry is struggling to escape.

Gamblers Anonymous: Overlooked and undermined?

Warwick Bartlett Gamblers Anonymous
Warwick Bartlett, chief executive of Global Betting and Gaming Consultants, highlights a lesser-known but longer-standing, successful and self-funded alternative to Gamble Aware - but whose existence is threatened by competition from this state-backed leviathan

Push for UK online stake limits advances in leaked report

online slots stake limits leaked report
The Gambling Commission is weighing up advice to introduce a £1 maximum stake for online slots, according to a leaked report.

Operators and affiliates need to work together on compliance

Operators and Affiliates work together compliance
With regulators turning the screws on the unscrupulous through covid-19, James Ashton, head of content at FindMyUKCasino.com, says affiliates must up their game when it comes to responsible gambling – but greater collaboration with operators is required.

UKGC settlements continue to rise, amid questions over how funds are allocated

UKGC regulator Betway Peter Hannibal Comment
As the UK regulator’s penchant for penalties continues to grow, GBG’s Peter Hannibal questions whether these cash piles are being allocated to their most efficient ends.

Amazon talks for UK National Lottery licence break down

Amazon Lottery UK Gambling Commission
The tech retail giant Amazon was reportedly in talks with the UK Gambling Commission over a potential tender to operate the National Lottery.

UK regulator shows gladitorial muscle with Caesars

Caesars Entertainment
Caesars Entertainment has been ordered to pay a £13m regulatory settlement following a Gambling Commission investigation into its UK casinos.

Markets spooked ahead of UK gambling review

Markets UK Gambling Review
Investors have been offloading gambling stock through February amid concerns that political appeasement may trump the diligence that a rare rewriting of gambling legislation deserves.   British gambling stocks have still not recovered from a £500m sell-off mid-February, triggered by fears that £2 maximum stakes may also apply online. This one measure alone is estimated to reduce the UK’s online sector by...

Only three charities qualify for RET contributions

RET Contributions
The UK Gambling Commission has published its list of just three approved charities to which licensed operators must direct their annual contributions for..

UK market weighs impact of credit card betting ban

UK Credit Card betting ban
While intuitive and politically popular, the UK’s ban on betting with credit cards has been criticised as yet another simplistic solution to a complex problem, with dubious benefits for vulnerable groups.

Bidders line up for UK National Lottery tender

National Lottery tender
Several big names have already thrown their hats in the ring for a licence to run the UK’s largest gambling operator, the National Lottery.

Underage gambling in the regulatory crosshairs for 2020

underage gambling 2020
The New Year promises further regulatory tightening in mature markets; the impact of gambling on the young and under-aged is becoming a dominant theme. As..

Regulus: The UK and its gambling growth myth

Regulus UK gambling growth
Crowing about growth may attract talent and investors, but as we’ve seen in the UK gambling market, too much success can also raise the wrong eyebrows..

Betting with borrowed money on borrowed time

Credit Cards
British consumers could soon be facing a ban on betting with credit cards. But is credit card betting really any less safe than taking out short-term..

Ladbrokes Coral Group to pay £5.9m for failings in anti-money laundering and social responsibility

ladbrokes coral
The Ladbrokes Coral Group has been ordered by the Gambling Commission to pay £5.9m for failings in anti-money laundering and social responsibility practices. An investigation by the Gambling Commission found that between November 2014 and October 2017 Ladbrokes and Coral failed to put in place effective safeguards to prevent consumers suffering gambling harm and against money laundering, with this failing...

UK betting companies paid £19.7m in fines last year

Gambling Commission National Strategy
UK betting operators paid a record £19.7m in penalty fees last year as regulators toughened stance against those failing to adequately deal with problem gamblers and money laundering. A UK Gambling Commission report announced the regulator brought fines against nine operators in the 12 month period. Overall gambling fines increased from £18.4m handed out in 2018 and £1.7m in 2017. Online...

Britain’s opposition party demands licence reapplication for all UK firms

Tom Watson MP online UK Licence reapplication
The opposition Labour Party has called for all online operators in the UK to be forced to reapply for their licences. Deputy Labour leader Tom Watson made

UKGC to ‘drive up standards’ in 2020 plan

Neil McArthur Gambling Commission
The UK Gambling Commission has outlined plans to continue driving up standards in consumer protection and harm prevention in its business plan for the..

UK gamblers face enhanced ID requirements

UK Enhanced ID Requirements
The Gambling Commission has announced that as of 7 May, online operators in the United Kingdom will be required to verify a new gambler’s identity before allowing any wager to be made

UK Gambling Commission launches new National Strategy to Reduce Gambling Harms

Gambling Commission National Strategy
The UK Gambling Commission has today (25 April) launched the new National Strategy to Reduce Gambling Harms, a three-year strategy which will drive and coordinate work to bring a lasting impact on reducing gambling harms. For the first time health bodies, charities, regulators and businesses will come together in partnership to effectively tackle the issue – with the Commission calling...

GBGC: The industry needs a good story to tell

GBGC, gambling commission, industry, sector, Warwick Bartlett, Global Betting and Gaming Consultants
Warwick Bartlett, chief executive of Isle of Man- based Global Betting and Gaming Consultants, shares his prescription for the UK’s gaming market in 2019. iGAMING TIMES: What would say have been the UK sector’s greatest achievements in 2018?

UK Gambling Commission getting tough with online operators

Gambling Commission licence online
Online casino companies and their senior management have faced widespread action from the gambling regulator, as part of an ongoing investigation into the way the industry combats problem gambling and money laundering....

UK Gambling Commission outlines public trust strategy

gambling-commission-uk
UK Gambling Commission chief executive, Neil McArthur, has asked operators across the UK's betting industry to work together and make Britain the safest and fairest gambling hub in the world. Speaking at the Raising Standards Conference at the International Conference Centre, Birmingham, McArthur said: “I want consumers in Britain to be able to enjoy the fairest and safest gambling in...

Regulator gets tougher on treating consumers fairly

Gambling-Commission-sign
The UK Gambling Commission will make it easier to take tougher action against operators who aren’t treating customers fairly. The updates to the Licence Conditions and Codes of Practice will take effect from 31 October 2018, strengthening the watchdog’s…

STAY CONNECTED

171FansLike
493FollowersFollow

SECTOR NEWS