Friday, January 27, 2023

Tag: Gambling Commission

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

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

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…

Golden Race prepares to enter UK market after licence approval

Virtual sports developer Golden Race has been granted a Remote Gambling Operating Licence by the UK Gambling Commission. The Malta-based company, which recently released its UEFA-inspired Euro Champions football tournament title, hopes to prosper…

US regulators unite behind latest GLI standard as sports betting market takes off

As a growing number of operators embrace sports betting across the United States, GLI has released a new technical framework designed to ensure regulation keeps pace with industry expansion. The GLI-33 Event Wagering Systems standard, published by the gaming...

From “problem gambling” to “gambling-related harm”

The Gambling Commission has often been criticised for using vague terminology, open to multiple interpretations. But as the watchdogs attention shifts from “problem gambling” to “harm”, the UK industry may come to pine for a far less explicit era.

UKGC champions three year plan in annual report

The UK Gambling Commission has released its annual report, outlining the five key stages of its three year plan. The strategy, released in May this year, is intended to protect consumer interests, prevent public harm, raise industry standards, increase returns…

UK regulator warns of ‘relentless escalation’ of financial penalties

Only a month since the FOBT debate was finally put to bed and the limelight has moved swiftly onto the online sector. Those still not complying with their licensing conditions can expect a ‘relentless escalation’ of fines, says the UK’s Gambling commission

UKGC published three-year plan for consumer protection

The UK Gambling Commission has released its Strategy 2018 to 2021, outlining a focus on in-game consumer protection developments for operators. The strategy, which details the commission's key targets for the upcoming year, includes a …

32red fined £2 million by Gambling Commission for failing to protect a customer

Online gambling operator 32Red has been fined £2 million for not protecting a consumer from gambling-related harm and money laundering failures. The Gambling Commission investigation focused on 32Red’s dealings with a customer who, between November…

LeoVegas fined by Gambling Commission for self-exclusion ‘failings’

LeoVegas has been fined £627,000 by the UKGC following breaches of self-exclusion and advertising standards. The Swedish online operator was handed the penalty package after the commission ruled 41 affiliate adverts as misleading and identified 11,205 cases…

UK Gambling Commission published three-year plan for consumer protection

UK Gambling Commission
The UK Gambling Commission has released its Strategy 2018 to 2021, outlining a focus on in-game consumer protection developments for operators. It details the commission's key targets for the upcoming year, includes a push for the implementation of protections

Sky Bet grows 47 percent despite £1m payment to regulator

Sky Bet
A £1m fine from the Gambling Commission may have knocked the wind out of Sky Bet’s latest set of financials, but will hardly reroute its ‘world beating’ trajectory. A seven figure fine from the UK’s gambling regulator called time on a shower of otherwise affectionate headlines for Sky Bet, after the group posted another enviable set of growth spurts for...

Neil McArthur appointed chief executive of Gambling Commission

Neil McArthur
Neil McArthur has been appointed as Chief Executive of the Gambling Commission with immediate effect. He had been acting as Interim CEO since Sarah Harrison MBE left the organisation at the end of February. Peter Hannibal, Chief Executive of the cross sector industry body, the Gambling Business Group, said: ”The Gambling Business Group welcomes the news that Neil McArthur’s appointment...

UK remote sector under investigation for laundering negligence

money laundering UK
2018 kicked off with an ominous letter from the UK regulator, the Gambling Commission, which according to licensing expert David Clifton is just the beginning of escalating enforcement measures - which “some may find too steep a hill to climb.”   The UK regulator wrote to all UK-facing casino operators in January warning them of an industry-wide ignorance as to what...

SMP eGaming raise standards with Compliance Academy

SMP eGaming Compliance academy standards David Hudson
With recent partnerships with William Hill and Microgaming announced and a number of other major deals with Tier 1 operators in the pipeline, the response to SMP eGaming’s Compliance Academy training platform has so far been overwhelmingly positive. David Hudson, Group Director at SMP Partners, believes this is a sign that the industry is increasingly serious about raising standards...

First ICE Consumer Protection Zone confirms agenda

Tim Miller Consumer Protection Zone
A programme of technology-led presentations has been confirmed for the Consumer Protection Zone, a new high profile feature introduced to the show floor at this year’s ICE London, (6-8 February, ExCeL London, UK). Open to all ICE visitors, the presentations, taking place on Wednesday 7th and Thursday 8th, will feature sessions on self-exclusion schemes, player analytics, video gaming and eSports,...

Flawed self-exclusion scheme is indeed flawed

20. BB140-politics-bettingshops staff flawed
  A startled UK regulator has vowed to act after a BBC reporter found he was still able to gamble in betting venues - despite his photo being circulated to shopkeepers for his own exclusion.   The ambitious and unsophisticated Multi-Operator Self Exclusion Scheme (or MOSES) - which was implemented by the Senet Group with UKGC backing in 2016 - requires betting...

Sarah Harrison to leave UK Gambling Commission top job

BBi - Gambling Commission fine harrison
The UK Gambling Commission has announced the departure of chief executive Sarah Harrison at the end of February next year.   She is expected to take a up a senior role with the Department for Business, Energy and Industrial Strategy. “I am proud of the work that all at the Commission have delivered together,” Harrison said. “I am very confident that as the...

UK Labour Party: gambling operators should foot gambling addicts’ health bill

tom watson addicts
Gambling operators may be compelled to fund treatment for gambling addicts under new plans from the UK Labour Party.   Deputy party leader Tom Watson’s office released excerpts of a speech which he intends to deliver at the party’s annual conference, which kicked off in Brighton today Watson will call on UK gambling operators to pay the National Health Service bills for...

Change or face more regulation, warns WrB chair

Helen Walton, who chaired Clarion's WrB Responsible Gambling Innovation symposium on Tuesday, has warned that the industry faces more regulation if it fails to make the changes expected by regulators.   Speaking after what had been widely regarded as a productive and illuminating WrB in London, the co-founder and chief commercial officer of Gamevy confirmed: “I think the Gambling Commission continues...

888 ruling highlights importance of well-kept self-exclusion schemes

gambling commission self-exclusion
Following the Gambling Commission’s decision to fine 888 Holdings for a record-breaking figure, operators using a self-exclusion scheme have been advised to review their compliance process.   Operators across the wider gambling industry have been prompted to ensure their self-exclusion records are in order following a £7.8m fine for iGaming company 888 Holdings. The record-breaking penalty was imposed following a probe into...

Gambling Commission hands out record fine to 888

BBi - Gambling Commission fine harrison
888, one of Britain’s biggest online gambling firms, is to pay a record penalty fine of over £7.8m as a result of its handling of vulnerable customers.   A report from the Gambling Commission said there were "significant flaws" in the firm's social responsibility processes, pointing out that its self-exclusion procedures were “not robust enough and failed to protect potentially vulnerable...

WrB – setting the social responsibility agenda

ICR - WrB social
UK Gambling Commission, Executive Director, Tim Miller previews his appearance at WrB Responsible Gambling Innovation, (12 September, OXO2, London) and argues why having a strong set of social values is the way for business to connect with Generation Z When it comes to social responsibility can enough ever be enough? Gambling is a rapidly changing industry and it would be complacent...