The Latest in ukgc
Industry
April 5, 2023
UK Gambling Commission Issues £320K Fine against TGP Europe
The gambling regulator in the UK, the Gambling Commission, issued a new fine against an operator Wednesday. The regulatory watchdog said it imposed a fine against TGP Europe Limited, over breaches related to social responsibility, as well as anti-money laundering (AML). The popular operator is licensed in the UK and is currently in charge of […]
Industry
March 31, 2023
Octoplay Acquires UK License, Praises the UKGC’s Efficiency
Octoplay, a provider of online casino gaming, has announced that it has successfully secured a license to distribute its content in the United Kingdom. This is a major milestone for the company and will allow it to expand its footprint in one of Europe’s most mature markets. The new accomplishment, Octoplay noted, comes in addition […]
Industry
March 28, 2023
888 Is Prepared to Pay the $24M William Hill Fine
888, William Hill’s ownership company, released a statement regarding the fine imposed by the United Kingdom’s Gambling Commission. As the group had previously announced, it is prepared to take responsibility for its subsidiary’s past failures. Earlier today, the UKGC slammed the British operator with a £19.2 million ($23.67 million), the largest penalty it has ever […]
Industry
March 28, 2023
UKGC Serves William Hill Group with $24M Penalty Settlement
The UK Gambling Commission has finally pronounced its verdict on William Hill, slapping the operator with a gargantuan fine of £19.2 million ($23.67 million). This is notably the largest fine ever handed by the commission, exceeding the previous record of £17 million. The commission explained that the William Hill Group will have to pay £12.5 […]
Legal
March 23, 2023
Two Kindred Brands in the UK Receive Fines from the GC
The Gambling Commission in the UK, the regulatory body in charge of gambling, announced Thursday it imposed fines against two operators that are a part of Kindred Group. The fines, totaling £7.1 million ($8.7 million), were against Platinum Gaming Limited, as well as 32Red Limited. The fine against Platinum Gaming Limited, imposed by the GC […]
Legal
March 9, 2023
Upcoming William Hill Fine Adds to 888’s Woes
In 2022, the gambling operator 888 struck a deal with Caesars Entertainment to acquire all of William Hill’s non-US assets. However, this deal might prove to be disastrous for the former company. Not only were 888’s revenues undermined by the acquisition, but the company now how to face the result of William Hill’s regulation breaches. […]
Industry
February 28, 2023
BGC Happy, Not Complacent with Low Gambling Harm Rates
The Betting and Gaming Council in Britain has praised the new drop in problem gambling rates. However, the union believes that there is still more that can be done. According to figures released by the United Kingdom’s Gambling Commission (UKGC) problem gambling harm rates have declined to 0.2%. This represents a noticeable drop from the […]
Industry
February 24, 2023
UKGC Reports 2% Drop in GGY and 8% Rise in Total Bets for Q3
The UK Gambling Commission’s (UKGC) fresh data showcases the way players’ overall gambling behavior has been influenced by the environmental changes taking place in Great Britain. The UKGC data has been carefully sourced and collected from important operators in the industry. However, the report is not a comprehensive one, which means the commission has not […]
Industry
February 21, 2023
UKGC Will Not Impose Mandatory Checks, Operators Will
As all gambling industry eyes are on the upcoming White Paper, operators in the UK will most likely have to implement affordability checks for their customers, despite UK Gambling Commission (UKGC)’s CEO Andrew Rhodes claiming otherwise. Mandatory or Not, They Are Coming Rhodes, who took the reins at the country’s gambling regulator last year, spoke […]
Legal
February 13, 2023
UKGC Vows to Strike Balance in Introduction of Affordability Checks
The topic of how these checks have affected gamblers and the industry overall has been making headlines for weeks now. There were many stories where punters were being required to submit personal financial information, and some were so reluctant, they claim they’d rather turn to the black market. Confusion Around Affordability Checks Andrew Rhodes is […]