Tag Archives: regulation

London Baby Sponsor Profile: Iforium

It’s two years since Phil Parry became CEO at Iforium, and he hopes that 2015 will see the firm’s Gameflex and Wagerflex solutions taken up by more operators than ever before. What has your company and its services and operations learned from 2014? 2014 proved a year of rapid progression and growth for Iforium. It saw Iforium expand the team, …

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Gambling Commission to approve dispute resolution bodies

The Gambling Commission has been named as the competent authority for Alternative Dispute Resolution Entities who handle disputes relating to gambling under Europe’s Alternative Dispute Resolution (ADR) Directive which will be implemented by July 2015. This means that all ADR entities that handle, or wish to handle, gambling disputes will have to: demonstrate to the Commission that they meet the …

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Dutch regulator appoints Pot to board of directors

Kansspelautoriteit, the Dutch gambling regulator has announced the appointment of economist Joop Pot to its board of directors. Pot is expected to take up his new position in November of this year. Joop Pot will replace former board member Paul Tang, who had been granted an honourable discharge by Kansspelautoriteit. Pot has worked within numerous Dutch governmental departments including the …

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Traders using inside information could breach Gambling Act

Bookmakers have been advised to tighten up their employment conditions in order to make sure that traders who spot an emerging coup on the books don’t look to profit themselves by placing bets with rival firms and also to protect themselves from such behaviour. The Gambling Commission has written to the Association of British Bookmakers (ABB) to highlight the potential …

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On-course bookmakers fail age test

On-course betting operators are being warned that they must do more to prevent underage gambling after every track bookmaker approached in a test purchasing operation served a 16-year-old without asking for proof of age. People must be 18 or over to place bets at a racecourse. The tests were undertaken at Ascot on 20 June 2014 under the supervision of …

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Operators given September 16 licence application deadline

Online operators in white listed jurisdictions who wish to get a local licence in the UK ahead of the implementation of the point of consumption (POC) regulations have been given a deadline to apply of the 16 September by the Gambling Commission. The deadline has been set because the Statutory Instrument (SI) regarding transitional arrangements has been laid in Parliament …

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Rational Group commits to the Isle of Man

The Department of Economic Development has welcomed the announcement that PokerStars has committed its future to the Isle of Man following its planned takeover by Amaya Gaming Group Inc. General Counsel to the Rational Group of Companies Paul Telford has written an open letter to the Chief Minister reiterating the company’s commitment to the Isle of Man. Leonard Singer MHK, …

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