Tag Archives: UKGC

UKGC requires e-wallet evidence on the next phase of its Credit Card review

The UK Gambling Commission (UKGC) has issued a reminder to industry stakeholders that its call for evidence on its ‘gambling with credit cards consultation’ will close on 6 November. The UKGC officially launched its credit card consultation on 14 August, having completed its initial responses on 24 July, establishing wagering with borrowed money as a risk factor, as consumers can …

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Camelot ends sale of £10 scratchcards

National Lottery operator Camelot Group confirmed to UK media this weekend that it has sanctioned terminating all sales of £10 scratchcards, citing ‘player protection considerations’. Camelot has informed its UK retail partners to withdraw all £10 scratchcards from their displays, with the lottery operator allowing a 180-day window for players to claim prizes. Citing guidance issued by the UK Gambling Commission …

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Malta MGA publishes Brexit guidance

The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …

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David Clifton: Licensing Expert – Betfred penalty raises multi-market concerns

The announcement by the UK Gambling Commission (UKGC) that Gibraltar-based Betfred.com is the most recent recipient of a hefty financial penalty for AML failings has served to raise once again the question why so many overseas-based remote operators have run into such problems with the UK regulator. In the Betfred case, it has not just been a case of concern …

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Winning Post : UK gambling… No sign of the fun ever stopping

Industry strategic consultancy Regulus Partners breaks down a week in which UK gambling has been cross-examined by Parliament, the House of Lords, the NHS and further academic institutions… ________________ UK Parliament – no sign of the “fun” stopping in spite of Britain’s political meltdown In spite of the staccato nature of parliamentary politics right now, there was still time this …

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IBIA suggests New Zealand adopts ‘open’ licensing system

The International Betting Integrity Association (IBIA) has suggested that the New Zealand government implements a ‘suitable regulatory and fiscal structure for sports betting’ which will ensure that licensed operators are able to deliver a wide range of betting products.  Confirmed in its response to the public consultation on online gambling across New Zealand, the IBIA divided its response into two …

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Raising the bar: Why FSB isn’t waving the white label flag to regulation

white label

FSB has implemented ‘state-of-the-art systems’ for customer protection to prevent future issues for its white label platform. Dave McDowell, FSB CEO, added that the recent crackdown on white label operators by the UK Gambling Commission (UKGC) shows that the regulator isn’t afraid to take “pretty severe measures” against companies who don’t raise their game when it comes to customer protection, …

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UKGC reminds licensees of expectations when leaving the market

The UK Gambling Commission (UKGC) has reminded all licensees that it should have measures in place to ‘make sure that consumers are not unnecessarily disadvantaged’ if the licensee leaves the market. The reminder comes a little over six months after Irish sports betting operator BetBright’s closure meant that a number of customers were left in limbo as to the status …

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October sees GamCare Helpline become a 24hr service

UK problem gambling support and treatment charity GamCare has reminded its betting industry and national health stakeholders that from 1 October 2019, the ‘National Gambling Helpline’ will be run as a 24-hour service. The National Gambling Helpline (0808 8020 133) updates its operating schedule of 8am-to-midnight, transforming into a ‘UK Helplines’ accredited 24-hour support structure open every day of the year. …

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UK exit for “unsalvageable” EveryMatrix white label business

white label

EveryMatrix has let go of its B2C operating licences for remote betting and casino in the UK after deciding that its white label business has been “irreparably damaged”. This is despite the company’s “best efforts to swiftly prove the ability to operate in a safe, responsible, and compliant manner”, as shown by a recent partnership with beBettor. Back at the …

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