Seven on-course bookmakers are having their gambling licences reviewed by the UK Gambling Commission after it was found they had allowed a 16-year old to place a bet at this year’s Royal Ascot. Following numerous age verification checks carried out between the Royal Borough of Windsor and Maidenhead, supported by the Gambling Commission and Trading Standards, seven of the 17 …
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Andrew Morgan, ICS: The Premier League bonus race is over
Content and not bonuses is the most effective player acquisition tool ahead of the 2019/2020 Premier League season, says Andrew Morgan, International Director at ICS Media Group. The countdown to the kick-off of the 2019/2020 English Premier League is very much underway and over the next few weeks we will see online sportsbook operators unlock their marketing war-chests as the …
Read More »UKGC ‘constrained by the current legislation’ on loot boxes
The UK Gambling Commission (UKGC) has disclosed to MPs that it currently does not have measures in place to oversee the sale of ‘in-game content’ such as Fifa ‘player packs’ and video game loot boxes due to the lack of clarity on how such customer engagements are monetised. As it stands, such products are not defined as gambling due to the …
Read More »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 …
Read More »Altenar continues regulated market push through UKGC licence
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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