Legal
May 13, 2020
GVC Praises Additional Guidance by UKGC in Response to Lockdown
GVC Holdings welcomes the publication of additional guidance to the industry released by the UKGC during lockdown time, and endorses the additional focus on protecting customers. New Gambling Commission Measures Seek to Eliminate Gambling Harm Leading gaming company GVC Holdings has made a statement welcoming additional regulatory guidance introduced by the UK Gambling Commission (UKGC) […]
Legal
May 6, 2020
FSB Agreed to £634,300 Settlement with the Gambling Commission
The gambling industry in the UK received yet another warning from the Gambling Commission, this time that if they do not carefully manage third party operations they are responsible for, they will face regulatory action. And the warning, as it is the common case recently, did not come cheap to the perpetrator, FSB Technology, which […]
Legal
April 2, 2020
Caesars Agreed To £13M Regulatory Settlement For Systemic Failures
The UK Gambling Commission has announced that Caesars Entertainment accepted to pay a mammoth £13 million penalty for systemic failings with regards to social responsibility, money laundering and customer interaction. Three senior members of management have also lost their Personal Management Licenses /PML/ due to the failures that happened between 2016 and 2018. Putting Customer […]
Lottery
March 13, 2020
UKGC: National Lottery Timetable Dates Indicative Only
A possible delay in the tender process that is about to select the operator for the UK National Lottery for 14 years, starting from 2023, has provoked concerns among potential bidders, claiming any delay favours the current operator. Two Months Less To Transfer Operations The timetable for the bidding process, a procurement-type questionnaire drafted by […]
Legal
March 13, 2020
UKGC Hits Betway With Record £11.6 Million Penalty
Renowned United Kingdom-based online gambling operator Betway has been slapped with a record £11.6 million-fine by the country’s gambling regulator. According to the UK Gambling Commission, the company received the fine for failures related to social responsibility and money laundering with a key focus on how the gaming operator treated seven of its high-spending customers. […]
Legal
February 28, 2020
UK Gambling Commission Imposed A £3M Fine To Mr Green For Systemic Failures
Mr Green, the company that was acquired by William Hill in 2019, has been fined £3 million by the UK Gambling Commission for systemic failings to address measures related to preventing money laundering and instilling a safer gambling environment. The Malta-based Mr Green /MRG/ is the ninth gambling company to be penalized with a fine […]
Legal
February 20, 2020
Addison Global Remote Operations License Suspended In UK
The UK Gambling Commission has announced that the license of Addison Global, the company that owns the sports betting brand MoPlay, is being suspended until a review of the operator is completed, with the license suspension coming into effect immediately. Suspicion Of License Breach The news of the actions from the British gambling regulator, carrying […]
Casino
February 14, 2020
Gambling Shares Drop Amid Mention of Potential £2 Limit on Online Games
Shares in gambling companies in the United Kingdom have come a-tumbling after the UK Gambling Commission’s chief executive, Neil McArthur, acknowledged that the Commission could take an interest in reviewing the maximum allowable bets on online slots, scaling them down to £2. Mr. McArthur spoke to a cross-parliamentary group of MPs (APPG) overseeing gambling and […]
Esports
February 5, 2020
Esports Market Welcomes New Site with Unique Player Betting
The global esports betting market is still largely considered to be one of the most lucrative ones on the planet. As expected of any sporting related activity, gambling activities were bound to venture into the space and now we already have several esports betting platforms and operations available to interested players. Considering the relative newness […]
Legal
February 4, 2020
UK Gambling Commission Shows Resolve to Deal with Underage Betting
The recently announced punishments meted out by the UK Gambling Commission to 7 on-course bookmakers at Royal Ascot for failing a test for underage betting raised some issues in the gambling industry and spurred some rage from bookmakers’ organizations that they have not been treated fairly. Underage Gambling is Unacceptable During an enforcement action by […]