Social sportsbook solution Bodugi has had its operating licence revoked by the UK Gambling Commission. The licence had been suspended since late February over concerns about the withdrawal of funds and the lack of response to official communications. The regulator issued a statement saying: “Following a review the Gambling Commission has revoked remote operating licence number 028788-R-310237-001 (Bodugi Limited). Having …
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The Remote Gambling Association (RGA) has restated its view that (i) a rate of 15% for the new point of consumption tax is too high; and (ii) the regime still does not appear to make allowances for bonuses and incentives. This heightens the risk that British licensees will lose significant market share to black market operators and that this will …
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Ladbrokes have reacted to the prevailing concerns over problem gambling in betting shops by altering the pay structure of its executives to take social responsibility targets into account. With the campaign against bookmakers, and B2 gaming machines in particular, in full force since the turn of the year, Ladbrokes have taken the smart move to underline how important the firm …
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Social betting operators Bodugi have had their licence suspended by the UK Gambling Commission after complaints that users could not access their money. Bodugi’s lack of dialogue with the regulator has forced the Commission to suspend the operating licence. In a statement, the regulator said: “The Gambling Commission has commenced a review under section 116 of the Gambling Act 2005 …
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Gambling Commission chairman Phil Graf has admitted that the UK regulator is concerned about some aspects of social gaming and has called on the sector to use the information it collects on its players to protect against any risks. Speaking at the World Regulatory Forum earlier this month, Graf commented: “While we have always maintained that we have no desire …
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The UK Gambling Commission have launched an online application service. Prospective operators applying for a remote licence or for a non-remote licence alongside a remote licence are required to use the online service available via the Gambling Commission website. The move is aimed at improving the service provided by the Commission. Applicants can navigate through the application in a way that reflects …
Read More »Licensed betting operators are being reminded to report any suspicious betting patterns on events at this month’s Winter Olympics to the Gambling Commission’s Sports Betting Intelligence Unit (SBIU). The reminder comes after the International Olympic Committee (IOC) confirmed its new monitoring tool will be operating during the winter games in Sochi that begin today. The “Integrity Betting, Intelligence System” (IBIS) …
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David Clifton, Director, Clifton Davies Consultancy Limited The answer, at least as far as the Gambling Commission is concerned, is when the main purpose of the betting shop is to make gaming machines available. However, as is so often the case with the Gambling Act 2005, it is not quite as clearcut as that. In addition, as has also so …
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