Tag Archives: Andrew Rhodes

Andrew Rhodes: Compliance has changed the competitive make-up of UK Gambling 

SBC News Andrew Rhodes: Compliance has changed the competitive make-up of UK Gambling 

Andrew Rhodes, Chief Executive of the UK Gambling Commission (UKGC), has stated that the regulator is ready to govern ‘a settled market’ that has adjusted to three years of COVID disruptions.  Rhodes delivered a keynote address at the ICE London 2023 expo on the “latest research shaping regulatory decisions in UK gambling”. Leading the Commission’s development, Rhodes underlined that his …

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Gibraltar Gambling Commissioner stands by 888 licence

888

The Gibraltar Gambling Commissioner (GGC) has taken regulatory lead on the compliance failures disclosed yesterday by the board of 888 Holdings Plc. AML and KYC failings were notified to the GGC, the regulator in which 888 holds its operating licence and resides its headquarters.    Issuing a statement, the Gibraltar Commissioner said it would be “reviewing and discussing the outcome of …

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David Clifton: Licensing Expert – To appeal or not to appeal?

SBC News David Clifton: Licensing Expert - To appeal or not to appeal?

The First Tier Tribunal Decision in the case of ‘Daub Alderney Limited v The Gambling Commission’ was reported on the Commission’s website on 13 December 2022. This arose from an appeal against a decision relating to the quantum of a financial penalty for regulatory compliance breaches imposed by a Panel of Gambling Commissioners. The dismissal of the appeal by Tribunal …

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In Touch Games hit with third UKGC penalty in four years

Sarah Garnder: UKGC consultation conclusions due this summer

The UK Gambling Commission (UKGC) has issued its third financial enforcement action of 2023 against Touch Games, charging the firm £6.1m. An igamng operator, In Touch Games, like most firms that find themselves in the UKGC’s regulatory spotlight, was penalised for social responsibility and anti-money laundering failings.  This marks the third time the firm has been the subject of regulatory …

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Vivaro charged £337k in UKGC’s first regulatory action of the new year

Sarah Garnder: UKGC consultation conclusions due this summer

The UK Gambling Commission (UKGC) is not letting up in its campaign against non-compliant gaming operators, handing out a £337,631 regulatory settlement to Vivaro Ltd. Prevention of money laundering and failures on safer gambling were once again the main reasons for the UKGC’s regulatory enforcement action against the VBet operator, with shortcomings identified across a number of areas. The Commission …

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Year in Review: British farce offers no help to gambling in dire times 

SBC News Year in Review: British farce offers no help to gambling in dire times 

The whirlwind period of July to September of 2022 saw gambling caught up in a farce of political affairs, providing leadership no help to navigate the headwinds of a changing economic climate. Interim results saw all gambling PLCs outline deep concerns on averse macroeconomic trends driven by high inflation and the costs of living crisis. Challenging factors to test the …

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Year in Review: Breakneck 2022 sees global gambling face the unknown 

SBC News Year in Review: Breakneck 2022 sees global gambling face the unknown 

The narrative that gambling would see a ‘return to normalised trading’ was short-lived by 2022’s rude awakening, as once more, business was forced to adjust to the realities and concerns of a globalised world.  2021 ended on the unsatisfactory note that the UK government had failed to deliver its White Paper of gambling reforms, which would be delayed to the …

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Licensing Expert: Those were the weeks that were

SBC News Licensing Expert: Those were the weeks that were

A rollercoaster year has seen the Gambling Review contend with back-to-back government changes and a leadership overhaul at the Gambling Commission,  as the industry is promised that the White Paper will be published ‘in the coming weeks’. Before a much-needed break, David Clifton dissects the final industry briefings by new DCMS Gambling Minister Paul Scully and UKGC CEO Andrew Rhodes …

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Andrew Rhodes, UKGC: Black market risk does not condone legitimate firms’ malpractice

Andrew Rhodes, UKGC

The UK Gambling Commission (UKGC) asserts that there has been no explosion in gambling over the past two years, but major developments have taken place in other ways.  Andrew Rhodes, UKGC CEO, addressing industry stakeholders in a CEO Briefing speech, examined market trends in the British betting and gaming space, noting an uptick in M&A, concerns around illegal betting and …

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UKGC to expand international reach & cooperation  

SBC News UKGC to expand international reach & cooperation  

The UK Gambling Commission (UKGC) has emphasised its commitment to working with international counterparts to improve the standards, protections, and shared knowledge of a “globalised and constantly evolving global gambling marketplace”.  The development of the Commission’s international remit is overseen by Jamie Wall, Senior Manager for International Regulatory Partnerships. Wall revealed that the Commission had expanded its presence by working …

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