Tag Archives: UK Gambling Commission

Darren Moore – Betting Gods – Connecting with major partners in Malta

Parimatch - Malta

In December 2016, professional in-house and third party tipping resource Betting Gods extended its reach in Europe with a successful move into the Maltese sports betting market. We caught up with Darren Moore, Founder and Director of Betting Gods, to discuss the advantages of operating from a Malta office, the reasons behind the company’s recent growth and preparation for their …

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UKGC – Figures show online gambling is Britain’s largest gambling sector

SBC News UKGC - Figures show online gambling is Britain's largest gambling sector

Issuing an industry update the UK Gambling Commission (UKGC) has revelead that online gambling is the largest gambling sector for Britain, with 33% of all wagers processed digitally as the commission publishes its new figures today. Publishing industry statistics between April 2015 – March 2016 the UKGC reveals that total digital ‘Gambling Gross Gambling Yield (GGY)’ accounted for £4.5 billion surpassing National Lottery GGY of £3.4billion and …

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UKGC seeks closer interaction with gambling consumers

SBC News UKGC seeks closer interaction with gambling consumers

The UK Gambling Commission (UKGC) has called for consumers and industry bodies , to help shape how its organisation will work with the general public. Updating the market, the UKGC has published its ‘two-way conversation: our plan for communicating with consumers‘ which aims to set out its approach to those who gamble or have an interest in gambling. Furthermore, In a …

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World Regulatory Briefing – The industry has come far but must go further

SBC News World Regulatory Briefing - The industry has come far but must go further

Totally Gaming delivered the World Regulatory Briefing (#WrBriefing) in London’s iconic OXO tower yesterday with a packed out agenda of speakers both endemic and non. An impressive line up included Sarah Harrison, CEO of the UK Gambling Commission, as Keynote Speaker. Harrison delivered a pinpoint 45 minute talk which was refreshingly frank. Discussing the new National Responsible Gambling Strategy developed …

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Smart Live Gaming surrenders UKGC operator & software licenses

SBC News Smart Live Gaming surrenders UKGC operator & software licenses

Updating the market, the UK Gambling Commission (UKGC) has informed that Smart TV Broadcasting Limited, the operating company of Smart Live Gaming, has surrendered its official ‘Remote Operator’ and ‘Gambling Software’ licences. The forfeit of both its UK licences comes a week after the UKGC had placed Smart Live Gaming brands under temporary suspension stating that the interactive gaming operator …

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UKGC fines Camelot £300,000 for results mishap

SBC News UKGC fines Camelot £300,000 for results mishap

Updating the market, the UK Gambling Commission (UKGC) has fined UK National Lottery operator £300,000 for publishing inaccurate ‘Lotto Millionaire Raffle’ results on its website property. Following an investigation into the results publishing, UKGC officials stated that Camelot had placed ‘public confidence at risk’. Issuing further details, The Commission’s investigations into this error found that Camelot had breached the terms of …

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UKGC publishes ‘joint consultation’ on proposed licence fee changes

SBC News UKGC publishes ‘joint consultation’ on proposed licence fee changes

Partnering with the Department for Culture, Media and Sport (DCMS), the UK Gambling Commission (UKGC) has published its initial ‘joint consultation’ on proposed changes to operator fees with regards to UK gambling licences. The commission expects to implement these changes from April 2017. The proposals of the UKGC consultation are as follows: Take account of the significant changes to our costs …

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UKGC – Betfred to pay over £800,000 following licence review

SBC News UKGC - Betfred to pay over £800,000 following licence review

The UK Gambling Commission has informed the market that Betfred will pay more than £800,000 in compensation and in contribution towards socially responsible causes as part of a regulatory settlement following a licence review. This payment follows failures by the operator in its anti-money laundering and social responsibility policies. The Gambling Commission’s investigation follows a court case that resulted in …

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FanDuel waits on UK license approval for August launch

SBC News FanDuel waits on UK license approval for August launch

FanDuel have confirmed that they are working towards a target date for launch in the UK, but stressed that ‘the date is not set in stone and still provisional’. The company already have a license to operate remote gambling software but are still waiting on approval for their UK license application. As reported on CalvinAyre.com, FanDuel CEO Nigel Eccles told Bloomberg last …

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10Bet and RealDealBet to exhibit at LAC with Evander Holyfield

SBC News 10Bet and RealDealBet to exhibit at LAC with Evander Holyfield

10Bet and RealDealBet will be exhibiting for the first time at iGB’s London Affiliate Conference and plan to make a strong impression thanks to five-time heavyweight champion Evander Holyfield. Evander Holyfield is the face of RealDealBet and will be joining 10Bet and RealDealBet at Stand K20 to close deals and take some photos. One of the world’s most legendary athletes …

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