Tag Archives: UK Finance

UKGC confirms credit card ban inbound for 14 April 2020

Issuing its first regulatory enforcement of 2020, the UK Gambling Commission (UKGC) has this morning confirmed that it has sanctioned its widely anticipated ban on credit card transactions carried across all UK gambling verticals. The Commission plans to implement its credit card ban from 14 April 2020, giving licensed incumbents three months to undertake all necessary adjustments. Citing that UK …

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UKGC plays key role in developing government’s ‘Economic Crime Plan’

The UK Gambling Commission (UKGC) has supported the publication of the government’s new ‘Economic Crime Plan 2019-2022’, setting out the UK’s strategic priorities and agenda for combatting economic crimes threatening UK industry. Established by new government task force the ‘Economic Crime Strategic Board’, and backed by the UK Treasury and Home Secretary, the crime plan covers ‘7 priority areas’ for …

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UK Finance joins efforts to support responsible gambling

UK Finance, a trade association for the UK banking and financial services sector, has vowed to join the efforts in combating problem gambling, after the UK Gambling Commission had announced the launch of its consultation on using credit cards to gamble. The gambling regulator has supported the idea that consumers should not have the ability to gamble with money that …

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