The Latest in ukgc
Legal
June 7, 2021
Malcolm Sheehan QC to Lead Review into Gambling Commission
Malcolm Sheehan QC was appointed to lead the review into the steps taken by the UK Gambling Commission and other regulatory bodies related to the collapse of Football Index. Probe into Regulator’s Dealings The review, announced by the Minister for Media and Data in April 2021, will focus on the period the company behind the […]
Legal
May 14, 2021
Stakers Weighs Its Options as Appeal to Lift License Suspension in the UK Fails
It’s a well-known fact in the gaming space that the UK Gambling Commission (UKGC) expects gaming operators to toe the line at all times and that it doesn’t allow much margin for error. The regulator has repeatedly cracked down on companies that it feels aren’t playing by the rules, issuing fines, suspending licenses, and even […]
Casino
May 13, 2021
Aggregator Relax Gaming Receives UK Gaming Supplier License
Gibraltar subsidiary of iGaming aggregator and content supplier Relax Gaming was granted gaming supplier license by the UK Gambling Commission, the company announced in a press release today. New Growth Opportunities The approval for one of the world’s strongest markets for online casino games will open up new opportunities for Relax Gaming’s suite of quality […]
Legal
April 30, 2021
UKGC Has Suspended Nektan’s Operating License
UKGC has suspended Nektan (Gibraltar) Limited, a B2C company licensed to operate mobile gaming sites. The Gambling Commission Has Suspended Nektan Limited The Gambling Commission (UKGC) has suspended the remote operating license of Nektan (Gibraltar) Limited, a leading international mobile gaming content developer and platform, pending a formal investigation. The company was licensed to operate […]
Industry
April 1, 2021
CMS Conference: The Time for Building Momentum and Safer Gambling
During the CMS Conference, UKGC executive director Tim Miller said that the past year has been challenging, but now is the moment to build momentum and make gambling safer and fairer. Gambling Must Become Safer and Fairer On March 30, 2021, during the CMS Conference speech, which was virtual for the first time, UKGC executive […]
Legal
March 30, 2021
UKGC Issues Regulatory Penalties to Five Casinos
Five casinos are facing regulatory penalties issued by the Gambling Commission in the UK. The regulator found that those operators breached anti-money laundering and social responsibility rules. Four of the operators agreed to pay a regulatory settlement, while one operator received a warning and a fine. Five Operators Face Regulatory Penalties from the GC The […]
Legal
March 25, 2021
UK Gambling Commission Sanctions Casumo’s Failings with £6M
The UK Gambling Commission took regulatory action against a second online gaming operator within the space of less than 10 days, dishing a £6 million fine to Casumo for failings in social responsibility and anti-money laundering (AML) procedures. Malta-based sports betting and iGaming operator Casumo, much like the other operator sanctioned by the regulator recently, […]
Industry
March 19, 2021
Gambling Commission Aware of Football Index Payout Issues Since 2020
Football Index, which went into administration last week, has been under review for almost a year, the UK Gambling Commission revealed. UKGC Was Warned About the Collapse a Year Ago The Gambling Commission of Great Britain was alerted in January 2020 that gambling website Football Index was a ‘dangerous pyramid scheme’. The Guardian revealed that […]
Industry
March 17, 2021
UKGC Fines £3.4M Online Casino Operator In Touch Games
In Touch Games, an online multi-brand operator, was put to the sword by the UK Gambling Commission for failures in social responsibility, anti-money laundering (AML), and marketing practices. Fine and LCCP Compliance Audit The under-fire gambling regulator dished a £3.4 million sanction to the company which runs online casino brands MFortune, MrSpin, CashMo, PocketWin, and […]
Industry
March 16, 2021
Football Index Meltdown Piles Pressure on Gambling Commission
The Gambling Commission (GC) in the UK is facing serious questions related to the recent collapse of sports betting platform Football Index which went into administration last week. UK Gambling Regulator under Fire Dark clouds are gathering above the UK gambling regulator following the complete meltdown of the famous betting platform which allowed players to […]