Rank Group Plc has expanded its principal supplier partnership with the Department of Trust (DoTrust) to cover all compliance and customer risk assessment duties of the LSE-listed gambling group. As announced this morning, Rank Interactive unit will integrate “DoTrust Complete”, the “first dedicated platform offering end-to-end frictionless and enhanced financial risk checks to support all stages of the player journey.” …
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Finance risk checks: Providing perspective on White Paper’s affordability solution
For the past two years, affordability checks have cast a long shadow over the UK gambling industry, with many stakeholders uneasy about the potential impact such measures could have. With the publication of the Gambling Act review White Paper last week came clarity on a number of issues, including affordability with the introduction of ‘finance risk checks’ for online gambling. …
Read More »Charles Cohen: DoTrust – Gambling requires proactive approach to avoid cost-of-living pitfalls
Ahead of ICE London last year, Charles Cohen Founder & CEO of DoTrust, warned stakeholders that affordability would creep up the industry’s political agenda as UK households faced the biggest economic pressures in 50 years. Having observed how 2022 dynamics played out, Cohen tells SBC that in volatile times, operators must help players with their budgeting to keep track of …
Read More »All about trust – Charles Cohen on BetBudget breaking down KYC boundaries
In an ever digitising world, the betting industry is finding itself at a crossroads on KYC, finding a need to balance player protection requirements with a respect for customer privacy. A company which has dived headfirst into this issue is Department of Trust (DoTrust), which recently clinched a brand ambassador deal between its BetBudget tool and champion jockey Harry Skelton, …
Read More »DoTrust signs Harry Skelton as BetBudget ambassador
Harry Skelton has signed a brand ambassador agreement with KYC firm Department of Trust (DoTrust), supporting the group’s BetBudget brand. BetBudget was developed by DoTrust to enable betting operators to carry out financial KYC checks such as income verification, vulnerability reviews and gaining access to bank statement data for enhanced due diligence (EDD). Operators’ requests for information are reviewed and …
Read More »Charles Cohen: ICE takeaway… Industry needs to get real on £500 limit
There’s a rumour going around that the UK government is poised to announce an affordability limit of £500, and that they will do it without waiting for a white paper or legislation. At London’s ICE 2022 Conference it was all anyone could talk about. But if it happened, would it really be the end for the industry as we know …
Read More »Charles Cohen: DoTrust – Price at a pinch-point… Gambling & the cost of Pasta
Charles Cohen CEO and Founder of player affordability solutions provider DoTrust tells SBC, that operators must be prepared to tackle the cost-of-living crisis, as UK households face the biggest economic pressures in over 50-years. Gambling may indeed be recession resilient but the cost-of-living crisis in the UK will put pressure on punters’ wallets at a crucial time in the …
Read More »Charles Cohen: DoTrust signals warning on affordability crisis & player trust
Industry leadership has been warned that UK gambling faces an ‘affordability crisis’ as the rising cost of living causes active customers to reduce their spending. The warning has been delivered by new affordability solutions provider Department of Trust (DoTrust), which in March appointed YouGov to conduct a poll on gambling affordability in light of a drastically changing economic backdrop. Conducting …
Read More »SBC Magazine Issue 8: International expansion and picking up the sporting slack
A focus on international expansion and how we, as the betting and gaming industry, will get through COVID-19 are the key themes throughout Issue 8 of SBC Magazine. Now available to view HERE, it starts by tracking the journey of Giovanni Garrisi from a mathematician beating the pools to starting a 50/50 JV with Stanley Leisure, seizing an opportunity to …
Read More »GTECH Tender £18m for Probability PLC
Business news sources the Wall Street Journal and Interactive Investor report that shares in Probability PLC have rocketed by 47.6% to 46.50 pence in the wake of news of a recommended cash acquisition by gaming and lotteries software supplier GTech Group. News sources report that GTech are prepared to acquire the mobile gaming operator, for a sum of £18m. The …
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