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, …
Read More »Tag Archives: regulation
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 …
Read More »NBA Commissioner wants sports betting legalised
NBA Commissioner Adam Silver has broken ranks from the rest of the US sports fraternity again and called for sports betting to be legalised and regulated. In an Op-Ed piece for the New York Times, Silver said that the country needed a different approach to the current prohibition. Silver, who has spoken of his support for sports betting before, commented: …
Read More »UK Law: Operators must justify grey market business
In a series of articles, David Clifton, director at licensing and gambling consultancy Clifton Davies, takes a look at the changes to the UK’s gambling licensing laws which are due to be in place by October. The UKGC said it wants operators to justify their involvement in any markets which provide more than 3% of revenues. Has there been any …
Read More »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 …
Read More »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 …
Read More »Council of Europe adopts convention on match fixing
Ministers from around 50 countries are expected to sign a new convention at a conference in Switzerland in September where they will also discuss the risk of other forms of corruption in sport. In what’s being hailed as ‘a significant step in the fight against organised crime and unethical behaviour in sport’, 47 member states of the Council of Europe …
Read More »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 …
Read More »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 …
Read More »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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