Tag Archives: UK Gambling Commission

Treasury praises UKGC for contribution on AML research

Publishing its ‘Anti-money laundering and counter-terrorism financing supervision report 2017/18’, the HM Treasury has praised the UK Gambling Commission (UKGC) for its contribution to research and insights on UK AML concerns. The Treasury publishes its seventh ‘AML/CTF report’, seeking to improve compliance transparency and accountability for UK supervisory stakeholders, across multiple business disciplines. In its report, the HM Treasury consults …

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Altenar continues regulated market push through UKGC licence

Altenar

Sportsbook provider Altenar has reaffirmed its commitment to regulated markets after getting licensed by the UK Gambling Commission (UKGC). As well as obtaining a gambling software licence, the company has also been granted host licences for real and virtual sports. The combination of authorisations will allow it to offer both its software-only package and its fully managed sports betting platform …

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UKGC launches new National Strategy across Wales

The UK Gambling Commission (UKGC) has launched its new three-year National Strategy to Reduce Gambling Harms for the Welsh public which is hoped to have a ‘lasting impact’ on reducing gambling harms. The strategy will help support Welsh health bodies, charities, regulators and businesses in a collaborative project to help reduce gambling-related harms. Neil McArthur, chief executive of the Gambling …

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BMJ article calls for new tax to fund responsible gambling initiatives

According to an article published by The British Medical Journal (BMJ), there should be more emphasis placed upon the revamping of current gambling laws in order to prioritise the funding of problem gambling clinics. The report has called for the introduction of a mandatory tax on the industry which would see additional funds being allocated to industry initiatives and the …

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UKGC sets out key focus areas in 2019-20 strategy

The UK Gambling Commission (UKGC) has set out its key areas of focus for the next 12 months as part of its 2019-20 Business Plan, detailing the ways it plans to protect customers, prevent harm, raise industry standards and improving regulation. As the regulator moves into the second year of its 2018-2021 strategy, the UKGC intends to “secure a more …

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UKGC outlines new guidelines on settling bets

The UK Gambling Commission (UKGC) has released a number of ‘top tips’ for operators to ensure that bets are being settled in accordance with the regulator’s social responsibility code provision 4.2.6. The advice comes after the UKGC has been made aware of operators breaching the licence conditions and codes of practice, examples of which have included “using a new settlement …

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Jeremy Wright blasts bookmakers for bypassing FOBT rules

Culture Secretary Jeremy Wright has hit back at bookmakers who have supposedly undermined the restraints imposed on Fixed Odds Betting Terminals (FOBTs), describing the actions as “disgraceful” in a recent Parliamentary session. The new restrictions on the terminals came into play on 1 April. Earlier in the month, however, The Guardian accused Paddy Power and Betfred of trying to circumvent …

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APBGG: Industry cannot afford complacency on underage gambling

Industry figureheads and wider health and education stakeholders addressed the issue of whether children are really gambling – at the latest meeting of the ‘Parliamentary All Party Betting and Gaming Group’ (APBGG – 26 February 2019). The subject matter which has become a prominent issue for the UK gambling industry was discussed by –  David Williams, Director of Public Affairs …

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RGSB reveals recommendations for UKGC National Strategy

The UK Gambling Commission has welcomed the advice from the Responsible Gambling Strategy Board (RGSB) pertaining to its National Strategy, which is due to be published in April. The RGSB has included a compulsory levy which seeks to replace the current voluntary arrangements. The levy will fund prevention, treatment and help facilitate research on a greater scale. A transparent structure …

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UK Gambling commission and NHS Wales back improved problem-gambling services

The UK Gambling Commission (UKGC) has teamed up with a range of organisations across Wales with a view to provide and improve support to those who are susceptible to gambling-related harms. At the meeting in Cardiff,  30 representatives took part in a round table discussion, addressing the provision of treatment and prevention services, public health messaging, gambling venues and extending …

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