Tag Archives: social responsibility

Bookmakers to fund young person problem gambling initiative in Scotland

SBC News Bookmakers to fund young person problem gambling initiative in Scotland

The Association of British Bookmaker‘s Scottish division has launched a new project aimed at tackling the ‘hidden addiction’ of problem gambling among young people.  The Association of British Bookmakers in Scotland (ABB Scotland) will fund the six month project, working in partnership with Paisley based charity RCA Trust to deliver education and counselling support for 2,500 young people across the West …

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

SBC News 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 …

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David Clifton – Strengthening social responsibility (again)!

SBC News David Clifton - Strengthening social responsibility (again)!

Clifton Davies co-founder David Clifton has a look at the increasing regulatory scrutiny on the gambling industry and warns there may be more to come.  My “Licensing Expert” article last month posed the question whether a regulatory crackdown on gambling advertising was around the corner. We now know at least part of the answer. The Department for Culture Media & …

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Commission chief warns industry to improve standards quickly

SBC News Commission chief warns industry to improve standards quickly

The Gambling Commission has again warned the industry that it needs to ‘accelerate the pace’ at which they are putting consumers at the heart of business decisions. Commission chief executive Sarah Harrison made the point during a speech to operators at the Commission’s first Raising Standards Conference in Birmingham, where the industry was challenged to become the most trusted gambling …

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Bookmakers ‘think local’ to reduce the risks of problem gambling

Bookmakers must now set out how they will reduce social risks in their local area, such as if they are located near a school or homeless shelter, in order to reduce incidence of problem gambling. The new guidelines will see operators consider their individual betting shop environments and introduce sufficient safeguards for any particular areas of concern specific to each premises. …

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US law firms file investor lawsuits against Amaya Inc

SBC News US law firms file investor lawsuits against Amaya Inc

US law firms Wolf Haldenstein Adler Freeman & Herz LLP (New York) and Block & Leviton (Boston) have filed investor-led class action lawsuits against Amaya Inc. The lawsuits filed yesterday within US district courts, focus on the alleged investor misrepresentation of Amaya governance following the allegations of insider trading made against CEO and Founder David Baazov by Quebec securities regulator, Autorite …

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Time for bookmakers to wake up and smell the coffee on AML rules

SBC News Time for bookmakers to wake up and smell the coffee on AML rules

Licensing expert David Clifton, of gambling consultancy Clifton Davies, takes a look at the recent movement by the regulator to tighten up money-laundering processes and doesn’t see any good news for bookmakers. The recent publication on the Gambling Commission’s website of a public statement highlighting failures in Paddy Power’s anti-money laundering (AML) and social responsibility processes is the latest in what …

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Paddy Power pulled up for anti-money laundering failures

SBC News Paddy Power pulled up for anti-money laundering failures

Paddy Power has been pulled up for ‘serious failings’ in its anti-money laundering and social responsibility processes following a Gambling Commission investigation. The bookmaker has also agreed to contribute £280,000 to socially responsible causes after failing to keeping crime out of gambling and protect vulnerable people. The failings relate to the way Paddy Power handled relationships with two customers at …

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Senet Group appoints new industry directors

SBC News Senet Group appoints new industry directors

The Senet Group, the betting industry body set up by the sector’s major operators, has refreshed its Board at the start of 2016. Catherine Colloms, Director of Corporate Affairs at Paddy Power, and Donal McCabe, Group Corporate Communications Director of Ladbrokes, have been appointed to the Board of the gambling watchdog. Colloms and McCabe take the roles of Industry Directors …

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Isle of Man has strong approach to player protection

SBC News Isle of Man has strong approach to player protection

The Isle of Man has been hailed as a strong regulator when it comes to player protection laws. Speaking at the KPMG eGaming Summit Isle of Man, Annexio Managing Director Jennifer Houghton highlighted the regulations that help protect a player’s money as particularly successful. In a presentation on the ‘Multi-jurisdictional Licensing Process’, she commented: “One of the key strengths of …

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