The UK Gambling Commission (UKGC) has reminded industry stakeholders that its consultation on its approach to licensing, compliance and enforcement policy will close on Wednesday 9 February 2022. Launched on 17 November, the Commission seeks guidance on its ‘Statement of Principles’ that have led UK gambling’s regulatory policy with regards to risk assessment, licensing operators and key personnel, carrying out …
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It’s always interesting to look back at my industry forecasts of a year ago to see if I got anything right at all. So, why don’t you come with me back to my December 2020 article for SBC News entitled “Ten forecasts and a hope for 2021” so we can go through my ten forecasts of a year ago and …
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The UK Gambling Commission (UKGC) has taken regulatory action against Greentube Alderney, demanding the operator pay a £685,000 penalty in relation to social responsibility and money laundering failures. An investigation launched by the Commission on 16 December 2020 found that Greentube subsidiaries Admiralcasino.co.uk and Bellfruitcasino.com had failings in money laundering and player protection safeguards. The Commission’s report stated that between …
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Andrew Rhodes, the interim Chief Executive of the UK Gambling Commission (UKGC), has published a video response to the independent review of the collapse of Football Index. As noted last week, the Commission has established new practices in how it evaluates the risks of novel products recommended by the review and to strengthen its working relationship with the Financial Conduct Authority …
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As we await the supposedly soon to be published White Paper arising from the UK Government’s current Review of the Gambling Act 2005, we can only guess what will be proposed in terms of its stated aim to achieve “an appropriate balance between consumer freedoms and choice on the one hand, and prevention of harm to vulnerable groups and wider …
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Tim Miller, Executive Director of the UK Gambling Commission (UKGC), has warned industry leadership to adjust to a ‘new normal of highest expectations’ in how the gambling sector will be governed. Delivering the keynote speech at the ‘Know Now 2021’ conference on social responsibility for gambling operators, Miller reflected on the work of the UKGC during a frenzied 18-month pandemic …
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8th December 2020 was a momentous day for all involved with the UK’s gambling industry. It was on that day that the UK Government launched its Review of the Gambling Act 2005 and published its Policy Paper entitled “Review of the Gambling Act 2005 Terms of Reference and Call for Evidence“. There is a very specific reason why the government …
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Since my last “Licensing Expert” article for SBC News, the stand-out issues in UK gambling regulatory terms have been (a) the circumstances giving rise to the UK Government’s 20 April announcement of an independent review into the collapse of Football Index and (b) the sudden unexpected departure of Neil McArthur from his position as Chief Executive of the Gambling Commission …
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The UK Gambling Commission (UKGC) has published its latest ‘market statistics report‘, as it continues to monitor gambling trends under lockdown. The Commission has published its market statistics since the beginning of the COVID-19 pandemic, tracking the UK’s gambling activity from March 2020 onwards. Publishing January and February statistics, the UKGC cites a continued decline in online gambling participation as …
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The UK Gambling Commission (UKGC) has taken regulatory action against Maltese igaming and sportsbook services operator Casumo, issuing fines totalling £6 million having uncovered a series of social responsibility and anti-money laundering failings. Following an audit of Casumo activities between October 2019 and 8 January 2020, the Commission found that the operator had failed to put into effect policies and …
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