Tag Archives: CMA

Spreadex granted Enterprise Act exemptions on Sporting Index takeover

SBC News Spreadex granted Enterprise Act exemptions on Sporting Index takeover

The Competition and Markets Authority (CMA) has granted a series of derogations (exemptions to the law) related to the acquisition of Sporting Index by Spreadex Limited. As announced on 15 January, the CMA launched an inquiry evaluating Spreadex’s acquisition of its main rival, Sporting Index, and its impact on the UK’s spread betting market. The inquiry will evaluate whether Sporting …

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CMA orders SpreadEx to prove ‘competitive distinction’ of Sporting Index buyout

SBC News CMA orders SpreadEx to prove 'competitive distinction' of Sporting Index buyout

The Competition and Markets Authority (CMA) is investigating the acquisition of Sporting Index by Spreadex Limited and its impact on the UK’s spread betting market.  The deal was announced in November 2023, with SpreadEx agreeing on ‘undisclosed terms’ with Groupe FDJ to acquire spread betting rival Sporting Index. On 15 January, the CMA announced that it had launched an inquiry, …

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UKGC updates T&Cs guidance to stop unfair consumer practices

SBC News UKGC updates T&Cs guidance to stop unfair consumer practices

The UK Gambling Commission (UKGC) has updated its guidance on ‘fair and transparent terms and practices’ used by licensed operators. The update was deemed necessary as the Commission has found that licensees have often used terms of play that can be deemed as unfair and ‘in some cases’ will provide operators with ‘undue discretion’ to decide outcomes and disputes. The …

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GamCare appoints Margot Daly as lead Trustee  

SBC News GamCare appoints Margot Daly as lead Trustee  

GamCare has moved to restructure its Board of Trustees following the decision by Sir Ian Prosser to end his six-year tenure as Chair of the problem-gambling treatment support charity. Updating stakeholders, GamCare informed that Sir Ian will be succeeded by Margot Daly, who will lead the charity’s governance directives from June onwards. Daly has served as a GamCare advisor since …

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CMA begins probe of Flutter-Stars combination

SBC News CMA begins probe of Flutter-Stars combination

The UK Competition and Markets Authority (CMA) has begun its evaluation of the planned merger agreed by FTSE100 Flutter Entertainment Plc with Toronto TSX counterpart The Stars Group Inc. Last October, Flutter and Stars Group governances agreed to terms on an all-share combination, seeking to create the outright global market leader operating across all online gambling verticals. For the UK …

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Undaunted Boylesports to establish UK northern profile in 2019

SBC News Undaunted Boylesports to establish UK northern profile in 2019

Whilst all UK bookmakers undertake major adjustments to their retail portfolios in 2019, countering FOBTs reduction impacts, Irish bookmaker Boylesports is reported to be preparing for its UK highstreet debut. The Irish Examiner reports that Dundalk-based Boylesports, Ireland’s second largest retail bookmaker is the final stages of acquiring a number of independent bookmakers located in northern Britain. Ever since 2014, …

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David Clifton: Licensing Expert – Don’t forget to read the new “Complaints & Disputes” guidance

SBC News David Clifton: Licensing Expert – Don’t forget to read the new “Complaints & Disputes” guidance

UK licensed B2C gambling operators are all hopefully aware of the LCCP changes that come into effect on 31 October. If not, they have a range of options to find out more before it’s too late, for example: the Gambling Commission has published on its website a summary of the key changes, originally announced in August, it has also now …

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ASA upholds “irresponsible” Gala Interactive ad

Copyright: gioiak2 / 123RF Stock Photo

The Advertising Standards Authority (ASA) has upheld one complaint against Gala Interactive, for suggesting gambling involved skill rather chance, as it promoted its new Britain’s Got Talent Slingo game. Featuring a man playing on his tablet, before making a gesture with his arm and going on to spin plates on his fingers, one individual “challenged whether the ad implied that …

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Jumpman Gaming and Progress Play fall foul of the CMA

Copyright: gioiak2 / 123RF Stock Photo

Jumpman Gaming and Progress Play have agreed to remove terms and conditions prohibiting players from obtained their money in one go, after an investigation by the the Competition and Markets Authority (CMA). The CMA has been working UK regulator the Gambling Commission, to improve terms and conditions for players online and to help ensure firms do not break consumer protection …

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Comtrade’s Steven Valentine: A case for objective bonusing terms

bonusing - Copyright: netsay / 123RF Stock Photo

Regulatory attentiveness in 2017 held monumental bonusing based consequences for gaming operators in the UK, writes Steven Valentine, Director of Interactive at Comtrade Gaming. Whether it’s in the form of player acquisition, retention or re-engagement, it seems that the subjective nature of bonusing terms is no longer up to interpretation. According to the UKGC, trust in the gambling sector is …

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