Tag Archives: ICO

Andrew Rhodes: “It’s time everyone faced facts on Safer Gambling duties” 

Andrew Rhodes, the interim Chief Executive of the UK Gambling Commission (UKGC), has offered his first reflections on the industry’s regulatory developments during Safer Gambling Week (1-7 November).  Publishing a blog post on the Commission’s website, Rhodes stated that his department still required “to see much greater compliance from the industry across the board”. Drawing on parallels, Rhodes reflected that …

Read More »

Winning Post: Digging in the Sandbox of privacy

Last week the Information Commissioner’s Office (ICO) granted the Gambling Commission its phase-1 sandbox approval to proceed with its Single Customer View (SCV) project.  Despite its GDPR greenlight, Regulus Partners outlines the foreseeable challenges the Commission will face in turning its headline project into reality. Meanwhile, in Manchester, Regulus observes another think-tank ‘echo chamber’ debate on gambling’s regulatory future take …

Read More »

UKGC Single Customer View project secures positive GDPR determination  

The UK Gambling Commission (UKGC) has published the phase-1 findings of a ‘Sandbox Review’, providing GDPR compliant feedback on the development of its ‘Single Customer View’ (SCV).  A regulatory objective of the UKGC’s new three-year national strategy has seen the commission seek to establish a SCV solution to provide a “holistic view of a customer’s online gambling behaviour and help …

Read More »

Peter Murray: W2 affordability takes central role in the safer gambling arena


The ‘laser-like’ focus of the UK Gambling Commission (UKGC) on player protection, combined with the likely compliance updates from the Department for Digital, Culture, Media and Sport (DCMS) led review of the UK Gambling Act, could mean that adoption of W2’s new real-time affordability solution becomes vital for the country’s gaming operators. We spoke to W2 Head of Sales Peter …

Read More »

Successful $38 million ICO sees CashBet accelerate technology development

Blockchain-powered igaming platform provider CashBet has announced the successful completion of its ICO token sale, raising $38 million in capital to further develop its proprietary technology and expand its enterprise. Closing its ICO, CashBet governance details that investors from 100 countries participated in the funding round, with the company reaching its hard cap target of +140,000,000 tokens distributed, with CashBet having undertaken …

Read More »

Karl Dukes: Mediahut – GDPR Hype! Dispelling the myth around consent

Amid the hype of last week’s introduction of European-wide GDPR regulations, Karl Dukes Marketing Director of Mediahut clarifies the regulatory context surrounding consent and communications. A 20-year industry marketing veteran, Dukes tells betting stakeholders not to panic when implementing GDPR compliance directives, a subject matter currently dominating all corporate agendas…   _________________________ As of today, 2 days before GDPR comes …

Read More »

New enterprise Luckbox.com aims to bridge crypto & esports dynamics

The esports betting sector is set to gain a further new market entrant as Luckbox.com prepares to make its debut in 2018. The new esports betting platform is founded by former PokerStars employees Lars Lien (CEO) and Mike Stevens. Under development since 2016, Luckbox.com is a unique betting venture which to date has raised 483.5 Bitcoin (circa £5 million) from ‘strategic …

Read More »

BetterBetting launches pre-ICO for betting cryptocurrency BETR

Copyright: monsitj / 123RF Stock Photo

BetterBetting Foundation, a software systems enabler for sports betting on the blockchain, has launched its pre-Initial Coin Offering (ICO) sale ahead of its ICO in December. The token sale introduces investors to BETR, the betting cryptocurrency that lays the foundations of the first truly decentralised peer-to-peer online sports betting marketplace. All bets will be stored on the blockchain, providing full …

Read More »

David Clifton – Licensing Expert – Affiliates (and operators) in the ICO’s firing line

Although they may not fully appreciate it, under British gambling laws, affiliates presently occupy a privileged position. Despite them providing marketing services designed to drive customer traffic to licensed betting websites, the Gambling Commission does not regard them as falling within the statutory definition of a betting intermediary, ie “a person who provides a service designed to facilitate the making …

Read More »