Tag Archives: dcms

Lottoland is reviewing options to further its pursuit of a London public listing, according to City news sources.  The Gibraltar-based online lottery brokerage is reported to have hired Peel Hunt as its strategic financial advisor, charged with leading its bookbuild should the company proceed with its desired London IPO. Founded in 2013 by German digital entrepreneur David von Rosen, Lottoland …

MPs from the All-Party Parliamentary Group for Gambling Related Harm (GRH APPG) have directed further criticism at the UK Gambling Commission (UKGC) regarding the collapse of betting exchange Football Index. Writing a letter to Culture Secretary Oliver Dowden, the group of legislators described the demise of the operator and the losses its customers suffered as a ‘scandal,’ and have cited …

The Betting and Gaming Council (BGC) has produced a new animated video highlighting its members’ commitment and work to protecting under-18s from gambling.  The standards body states that its membership maintains a ‘zero-tolerance‘ on its approach to gambling by under-18s – in which the UK sector leads the way in safeguarding younger audiences from engaging with gambling services and advertising …

Pressure is being placed on UK broadcasters to end the sponsorship of daytime TV programmes by gambling operators.  The All-Party Parliamentary Group on Gambling-Related Harm (APPG) has revealed that it has written to the bosses of ITV and Channel 5 urging the broadcasters to end all daytime sponsorship promoting gambling. The APPG stated that it was deeply concerned that gambling …

The Department for Digital, Culture, Media & Sport (DCMS) has extended the tenures of John Baillie and Catharine Seddon as commissioners of the UK Gambling Commission (UKGC) for a further year.  Baillie and Seddon have served on the UKGC board since 2016, having been appointed by former DCMS Secretary John Whittingdale under the cabinet of PM David Cameron. A former …

The National Lottery Heritage Fund will provide £13.5 million in local grants through its ‘Heritage Capital Kickstart Fund’ to help revive 22 heritage sites across the UK impacted by the COVID-19 pandemic. Planned regeneration and maintenance projects from before the pandemic, which are facing delays or increased costs, can now resume thanks to this funding. The Heritage Capital Kickstart Fund is distributed …

Digital bank Monzo has partnered with compliance and open banking software provider TrueLayer to develop an ‘industry-wide universal gambling block’ solution for the financial services sector.  The Fintech incumbents revealed that they are trialling an ‘open-banking API’ to develop a comprehensive gambling block solution, impeding transactions between financial service providers (banks, credit cards, e-wallets, loans, etc) and gambling businesses. In …

A report commissioned by the Betting and Gaming Council (BGC), with the support of William Hill and Entain Plc, has provided evidence of black market threats to the UK’s gambling industry. The BGC commissioned ‘Big 4’ auditor PWC to undertake the ‘evidence-backed primary research’ on black market threats to the UK gambling sector. Findings indicate that although the number of …

The UK Gambling Commission (UKGC) has announced a ‘package of strict measures’ to be enforced as new protections and controls on online slots games. The decision follows feedback from its public consultation carried out in July 2020 around ‘making online games safer by design’ – in which the Commission reviewed the risk and intensive play elements of online slots. Following …

Entain plc has launched ‘The Player’s Panel,’ a new initiative aimed at ‘giving consumers a voice’ on issues relating to betting and gambling in the UK. The Panel consists of a range of Entain’s customers from across the UK, who participate on a voluntary, unpaid basis. The members will interact with ‘political decision -makers, stakeholders and the media to give …