Tag Archives: The UK Gambling Commission (UKGC)

UKGC issues update on BetIndex administration as investigation continues

SBC News UKGC issues update on BetIndex administration as investigation continues

The UK Gambling Commission (UKGC) has released an update on the situation regarding BetIndex, the parent company of football trading exchange Football Index, which remains in administration. Explaining its stance, the regulator stated that it is the responsibility of BetIndex administrators and the courts to resolve the return of funds to customers affected by the collapse of Football Index. The …

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Wag.io rebrands as Mitigatr to implement ‘outside of the box’ approach

SBC News Wag.io rebrands as Mitigatr to implement ‘outside of the box’ approach

Gaming compliance software provider Wag.io has announced its rebranding with new identity Mitigatr, marking a transition into a fully managed affiliate compliance solution. The new brand identity reflects Mitigatr’s change from being a technology provider to offering tech-enabled solutions and end-to-end services for its igaming operator clients. Mitigatr’s team stated that the motivation for the ‘significant rebranding’ arose due to …

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Michael Dugher: No evidence to support gambling advertising ban

BGC pledges to maintain safer gambling momentum. Michael Dugher.

Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has voiced his criticisms of calls for a ban on gambling advertising during the upcoming UEFA 2020 European Championship, stating that campaigners’ demands are ‘not backed up by the evidence’. Writing in parliamentary magazine The House, Dugher referenced ITV’s recent decision to ‘significantly reduce’ the number of gambling-related advertisements …

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Marathonbet cleared by ASA following UKGC consultation

SBC News Marathonbet cleared by ASA following UKGC consultation

A complaint against Marathonbet regarding two separate Facebook features has not been upheld by the Advertising Standards Authority (ASA), after consulting with the sports betting operator and the UK Gambling Commission (UKGC). The operator posted a Facebook update on 12 August 2020 stating ‘we’re offering 0% margin on the Champions League’, whilst providing a link, with a featured image depicting …

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Football Index £4.5m claims hearing taken to High Court

SBC News Football Index £4.5m claims hearing taken to High Court

The High Court of Justice for England and Wales has taken on the hearing regarding the distribution of over £4.5 million in funds to former customers of Football Index. Begbies Traynor, the insolvency practitioners for Football Index parent company BetIndex, initially began to process claims against the company in April, one month after the operators collapse.  After the firm initiated …

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IMGL widens global focus with gaming law magazine launch

SBC News IMGL widens global focus with gaming law magazine launch

In recognition of its global focus and growing membership base, the International Masters of Gaming Law (IMGL) has launched a new magazine covering gambling law. Replacing the firm’s previous jurisdiction-based publication, the new IMGL Magazine will be released on a quarterly basis as a digital publication available to members, in addition to non members involved in partnerships with SBC Gaming, …

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UKGC warned over Football Index ‘pyramid scheme’ in January 2020

uk gambling commission (UKGC)

The UK Gambling Commission (UKGC) allegedly received a warning regarding betting exchange Football Index in January 2020, describing the website as a ‘dangerous pyramid scheme’. According to The Guardian, a document was sent to the UKGC, notably highlighted issues surrounding Football Index’s dividends, which it argued resembled the activities of a pyramid scheme. The report estimated that in January 2020, …

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Blueprint partners with PDC for latest iGaming launch

SBC News Blueprint partners with PDC for latest iGaming launch

Slot developer Blueprint Gaming has partnered with the Professional Darts Corporation (PDC) to launch a new World Darts Championship themed title. The new release sees the slot supplier make its debut into the sports-themed category of online casino products, demonstrating a broadening of its portfolio.  Officially licensed from the PDC, the slot will feature famous darts players including newly-crowned world …

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Young and male — is the iGaming player stereotype true?

Young and male — is the iGaming player stereotype true?

When considering what makes a ‘typical bettor’, many often imagine a male aged between 18-35, but – according to Slotegrator – “there’s more and more reason to consider female gamblers and those in other age brackets as well”. A new guide published by the iGaming software provider highlighted the importance of operators having an in-depth knowledge of their customers – …

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