The UK Gambling Commission (UKGC) has issued a warning to consumers that the UK subsidiary of Stake will no longer be licensed from next month. This development follows a notification received by the Commission from TGP Europe, the white-label partner that holds Stake’s UK licence, stating that it will be shutting down Stake.uk.com. The licence of Stake UK had been …
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UKGC on track with White Paper as Andrew Rhodes updates ICE Barcelona
Besides the attendance of SBC at this year’s ICE Barcelona, one of the other notable visits was that of Andrew Rhodes. Typical of the British banter, the Chief Executive of the UK Gambling Commission (UKGC) remarked that the weather in Barcelona is still better than that in London even in February, which only a few would care to disagree with. …
Read More »DCMS pledges fair & ethical Evaluation of Gambling Review’s policy measures
DCMS and the UK Gambling Commission (UKGC) have published the ‘Evaluation Plan‘ on the impact of the policy measures undertaken by the Gambling Act Review. The evaluation of policy measures will be conducted by the National Centre for Social Research (NatCen), which began a scoping study in January 2024, to be followed by fieldwork research beginning in January 2025. NatCen …
Read More »Reactions pour in on RET levy and online slot stakes
The UK Government has revealed its plans for the statutory levy and online slot stake limits, ushering in a new era of protection and compliance for UK gambling. The new RET Levy statutory measure will ensure that £100m in annual funding will be allocated to projects, initiatives and organisations dealing with the treatment and prevention of gambling harms. We are …
Read More »DCMS settles RET Levy orders and activates stake limits
UK Gambling will apply the regulatory measures of a statutory levy on funding of research, education, and treatment (RET Levy) of gambling harms and online stake limits as a new player protection. Announced this morning by DCMS, the government has advanced landmark proposals from the Gambling Review’s White Paper to strengthen gambling legislation and improve funding for RET services. DCMS …
Read More »UK Gambling warned that RET Levy will be rubber stamped by end of 2024
UK Gambling has been notified that the government is set to imminently unveil its plans for the framework of the ‘Statutory Levy’ for research, education, and treatment (RET) of gambling harms. As reported by The Guardian, the government is expected to ‘rubber stamp‘ the plans this week, detailing how the levy will operate and collect £100m from UK-licensed betting operators …
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