Tag Archives: UK Gambling Commission (UKGC)

SBC continues to monitor changing circumstances for TGP Europe, a white label gambling operator, which has officially exited the UK market. The UK Gambling Commission (UKGC) has confirmed that an investigation into TGP Europe culminated in the firm being issued a £3.3m penalty for due diligence and AML failures. SBC News and iGaming Expert noticed yesterday that the all 15 …

The UK Gambling Commission (UKGC) sees its relationship with the Bingo Association as the ideal pinnacle of how a regulator and industry trade body should interact during a time of regulatory change. Tim Miller, the UKGC’s Policy Director, made the remarks during a speech at the Bingo Association’s AGM late last week. The ideal scenario for the regulator, he said, …

The UK Gambling Commission (UKGC) has warned operators that they may face regulatory action if they do not complete regulatory returns or submit them on time. The warning follows over 10 businesses being fined up to £750 since October last year for such failures. John Pierce, Commission Director of Enforcement, emphasised that despite early engagement and the issuing of advice …

The UK Gambling Commission (UKGC) has updated on the investigation into the betting scandal which saw last year’s General Election come under public and media disrepute. A total of 15 individuals have been charged with breaching the 2005 Gambling Act by allegedly placing bets on the timing of the general election while having confidential/privileged information. The prospect of an election …

Deal Me Out’s Black Market Report calls on major rethink of player prevention strategies against the encroachment of illegal online gambling operators. The UK needs to reassess how it approaches black market gambling as independent research suggests that a significant number of British players are engaging with unlicensed websites, due to unforeseen regulatory circumstances. Deal Me Out (DMO), a gambling …

With great power comes great responsibility, and this Hollywood-born principle fully applies to operators licensed by the UK Gambling Commission (UKGC).  Participating in one of the most developed and high value gambling markets in the world requires tremendous commitment to safeguarding the highest player safety principles. This includes staying ahead of the risk trends that face the industry.  As a …

After the news broke that AK Bets is now a part of the UK Gambling Commission’s (UKGC) licensing regime, it’s time for a closer look at the company.  Speaking to SBC News, Joe Lee, the firm’s Head of Strategy and Performance, hinted at some of the company’s ambitions, such as retaining a unique identity in a market saturated with the …

Simon Bradbury has been appointed as Head of Social Responsibility (SR) and Compliance of retail trade association Bacta.  Bradbury comes up as a result of an internal promotion, and is already performing his full-time duties in the new role. His mandate includes working closely with Bacta’s Membership Support Officers (MSOs), and reporting directly to the trade body’s Commercial Executive Director, …

Yesterday’s Select Committee hearings on gambling harms were side-tracked as ministers probed the UKGC for a response on gambling sponsorships in football The UK Gambling Commission (UKGC) is closely monitoring developments around sports betting sponsorships in Belgium and the Netherlands, the regulator informed MPs yesterday. Tim Miller, Director of Policy at the Commission, spoke to members of the Health and …

Sportsbook and igaming provider AK BETS has been officially granted a licence by the UK Gambling Commission (UKGC).  The news was shared on LinkedIn by Anthony Kaminskas, Founder of the Dublin-based operator.  Kaminskas added that he expects AK BETS to launch with its own licence in around six weeks. This is approximately when UK customers can look forward to opening …