The Latest in ukgc
Industry
November 29, 2022
UKGC Report Reveals 4% Decrease in Online Gross Gaming Yield
The gambling regulator in the UK, the Gambling Commission (GC), released a new report probing into how gambling behavior is impacted by the current environment in the country. The new report compared data collected between April and September 2022. UK Gambling Regulator Releases New Report The Commission’s data reveals that in the second quarter (Q2) […]
Industry
November 25, 2022
UKGC Studied the Changes in the Gambling Landscape
The United Kingdom’s Gambling Commission (UKGC) has published its latest statistics concerning the state of the gambling industry. The regulator’s data shows that the retail sector is recovering from the COVID-19 pandemic but the online vertical continues to be more popular. COVID Changed How People Gamble The UKGC estimates that there are around 15 million […]
Industry
November 10, 2022
UKGC Publishes Young People and Gambling Report
The UK Gambling Commission (UKGC) has finally released its much-anticipated “Young People and Gambling Report” after a two-year break caused by the pandemic. According to the report, while gambling protections are efficient, children need better influences to prevent gambling harm. 3 in 10 Minors Spent Money on Gambling Activities in the Past Year The UKGC […]
Industry
November 4, 2022
UKGC Suspended LEBOM for Failure to Integrate with GAMSTOP
The UK Gambling Commission suspended from operation an online gambling operator that failed to integrate the safer gambling self-exclusion scheme GAMSTOP, sending out a clear message that if operators do not abide by their responsible gambling obligations, it is determined to enforce the rules. Operation Suspension, License under Review The Commission said that as of […]
Industry
November 1, 2022
National Lottery Q2 FY23 Funds for Good Causes Hit £501.8m
The Gambling Commission in the UK released the quarterly report keeping track of the National Lottery’s contribution to good causes report showing that funds in the second quarter of FY 23 have increased. Overview and Comparison Funds that were raised by the National Lottery for good causes need to be allocated to the National Lottery […]
Industry
October 28, 2022
UKGC to Post an Improved Youth Gambling Report
The United Kingdom’s Gambling Commission has warned stakeholders about changes to the Young People and Gambling report. The latter is set to be published in two weeks and will explore the severity of underage gambling. UKGC to Soon Post Young People and Gambling Report The report is scheduled to be published on November 10. It […]
Industry
October 25, 2022
UKGC Posted Participation Survey Results
The United Kingdom’s Gambling Commission (UKGC) has published its quarterly statistics about participation in gambling. Each quarter, the regulator probes the state of British gambling and problem gambling rates by contacting a number of people on the phone. A Probe Into UK Gambling This quarter’s telephone survey saw the UKGC question 4,018 people aged 16 […]
Industry
October 19, 2022
Andrew Rhodes Speech at IAGR 2022 Addressing UK Market
The speech Andrew Rhodes made at the 2022 International Association of Gaming Regulators Conference in Melbourne was aimed at describing how the UK market is behaving and finding similarities with the hurdles that regulators are facing on an international scale. It was titled “Time for change? Reflections on the policy landscape and developments in Great […]
Legal
October 12, 2022
NSUS Fined for AML & Self-Exclusion Breaches
At the end of a review of the operating license undertaken against gaming operator NSUS Limited, the UK Gambling Commission (UKGC) discovered a series of anti-money laundering (AML) and social responsibility regulation breaches and failures. Accordingly, the operator that is currently trading under the GGPoker.co.uk brand was issued a financial penalty and received a warning […]
Legal
September 28, 2022
UKGC Fines Betfred for AML and CTF Failings
The United Kingdom’s Gambling Commission (UKGC) has issued a hefty penalty to Petfre (Gibraltar) Limited, the name under which Betfred.com is registered in Gibraltar. The commission claims that it identified multiple responsibility and anti-money laundering failures within Petfre’s business. Betfred Failed to Protect Its Customers According to UKGC’s announcement, the operator will have to pay […]