Tag Archives: The UK Gambling Commission (UKGC)

Camelot National Lottery sales fall £283m as UK consumers look to cut costs

SBC News Camelot National Lottery sales fall £283m as UK consumers look to cut costs

As the cost of living crisis continues to affect millions across the UK consumers are continuing to tighten their belts – including buying less National Lottery products, according to Camelot. Although the outgoing operator recorded sales of over £8bn for just the second time in the National Lottery’s history, the figure of £8.090.7m for the 2021/22 financial year marked a …

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Goldchip ‘must keep customers fully informed’ following UKGC suspension

SBC News Goldchip ‘must keep customers fully informed’ following UKGC suspension

The operating licence of Goldchip Limited has been suspended by the UK Gambling Commission (UKGC), as a review under section 116 of the Gambling Act 2005 is carried out. The announcement follows reports that activities may have been carried out contrary to the Act, not in accordance with conditions of its licence and that the firm may be ‘unsuitable to …

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BGC delivers debut Gambling Anti-Money Laundering Group workshop

SBC News BGC delivers debut Gambling Anti-Money Laundering Group workshop

The Betting and Gaming Council (BGC) has completed the first Training Day for the Gambling Anti-Money Laundering Group (GAMLG), in a bid to drive high standards and encourage best practice. Topics of discussion during the day-long session was consideration of key emerging risks, best practice and developments, which the standards body stated was a reflection of ‘the diversity of compliance …

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Gamban launches Spanish-language service across multiple countries

SBC News Gamban launches Spanish-language service across multiple countries

Gamban has expanded the international scope of its blocking software, launching an official Spanish language service available in multiple countries.  The service can be downloaded in all Spanish-speaking nations, but the online gambling blocking company has noted that in Spain, the gambling authorities and government have become increasingly focused on safer gambling.  Notably, the Spanish Competition & Markets Commission (CNMC) …

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Andrew Rhodes’ role at UKGC reportedly set to become permanent

SBC News Andrew Rhodes’ role at UKGC reportedly set to become permanent

Interim UK Gambling Commission (UKGC) CEO Andrew Rhodes is reportedly set to take on a more permanent role at the regulatory body, according to The Guardian. The newspaper reported that the government has made the decision due to Rhodes’ commitment to cracking down on ‘recidivist behaviour’ by betting and gaming operators, ahead of the publishing of the 2005 Gambling Act …

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UKGC issues £780k fine to Buzz Bingo for social responsibility and AML failings

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The UK Gambling Commission (UKGC) has accused Buzz Bingo of a range of social responsibility and anti-money laundering failures, handing the operator a fine of £780,000. An investigation by the regulatory body identified a number of shortcomings between October 2019 and December 2020, including financial triggers being set too high and as a result ‘not sufficiently identifying at-risk players’, with …

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UKGC maintains confidence in gambling credit card ban as new report released

SBC News UKGC maintains confidence in gambling credit card ban as new report released

The UK Gambling Commission (UKGC) has stated that consumers are supportive of its decision to prohibit the use of credit cards for gambling payments, following the results of a recent report. In an update published today, the UKGC explained that its report found that consumers held a ‘largely positive’ view of the ban – first implemented in April last year …

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GamCare cites ‘change, growth and challenges’ in final review of three-year strategy

SBC News GamCare cites ‘change, growth and challenges’ in final review of three-year strategy

Nearing the end of its three-year strategy, GamCare has highlighted the last 12 months of the initiative as ‘an incredible period of change, growth, and of course, recent challenge’, citing a number of major developments for both itself and the industry. Identifying a number of ‘key sector developments’ for 2020/21 in its Trustees Annual Review, the gambling harm awareness charity …

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David Knott becomes National Lottery Community Fund CEO in permanent role

SBC News David Knott becomes National Lottery Community Fund CEO in permanent role

David Knott has been appointed as the new CEO of the UK National Lottery Community Fund (NLCF), after serving in the role in an interim capacity for four months. In his first role as NLCF CEO, Knott has commissioned the ‘Putting Communities First’ report, outlining the fund agenda to support local communities over the next 12 months as the organisation …

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UKGC highlights lack of ‘means to replace funds’ as reason behind Football Index downfall

SBC News UKGC highlights lack of ‘means to replace funds’ as reason behind Football Index downfall

Andrew Rhodes, Interim CEO of the UK Gambling Commission (UKGC), has issued a full response to a number of questions asked of the regulator by former customers of football player exchange platform Football Index. Following the collapse of the operator, and its parent company BetIndex, a number of criticisms of the UKGC’s regulatory oversight were raised – although the Commission …

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