Tag Archives: UKGC

UK online gambling market  registers lowest GGY quarter since lockdown 

consultation

The UK Gambling Commission (UKGC) continues to monitor public engagement with online gambling verticals in light of regional governments easing the majority of COVID-19 restrictions.  Publishing its latest dataset tracking the UK’s online gambling marketplace, the regulator reported that total GGY in Q4 (January to March 2022) stood at £1.2bn, reflecting a decrease of 1% from Q3 (October to December …

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Goldchip ‘must keep customers fully informed’ following UKGC suspension

The operating licence of Goldchip Limited has been suspended by the UK Gambling Commission (UKGC), as a review under section 116 of the Gambling Act 2005 is carried out. The announcement follows reports that activities may have been carried out contrary to the Act, not in accordance with conditions of its licence and that the firm may be ‘unsuitable to …

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Winning Post: UK Government silent on several key reviews

Regulus Partners observes that the UK government has remained silent on several key reviews ahead of the pending publication of its White Paper on Gambling Review recommendations… As with Monty Python’s Spanish Inquisition, it is extremely hard to know when to expect key events in the government’s review of the 2005 Gambling Act. This week’s non-barking dog was the Government …

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Winning Post: Collaboration gone missing on National Strategy to reduce gambling harms

In 2019 the UK Gambling Commission (UKGC) launched its three-year National Strategy placing stakeholder collaboration at the forefront of minimising gambling harms. Come 2022, Regulus Partners observes that collaboration is no longer a desired discipline as stakeholders pursue individual actions to tackle gambling’s most complex and pressing matter.   Today is the final day of the National Strategy to Reduce …

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Northern & Shell joins Camelot challenge of National Lottery tender 

Northern & Shell Plc, the publishing group of Richard Desmond, will appeal the UK Gambling Commission’s (UKGC) decision to award the 4th National Lottery operating contract to Allwyn Group.  According to a Financial Times report, Northern & Shell will join ousted incumbent Camelot UK in launching a High Court appeal against the UKGC’s decision to appoint Allwyn as National Lottery …

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David Clifton: Licensing Expert – Musings on a pending White Paper

As I write this, the global gambling industry community has this week once more descended on London for the return of the ICE 2022 conference. Many of them may have thought that, by now, the potential future UK gambling regulatory landscape would already have been made clear, bearing in mind initial indications that the Government White Paper on the Gambling …

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UKGC to apply new rulebook on Customer Care duties

The UK Gambling Commission (UKGC) has announced new rules that will require all licensed online gambling operators to actively identify and directly intervene with at-risk/harm players.  Coming into effect from 12 September, remote operators must monitor a “specific range of indicators as a required minimum to identify gambling harms“. New guidance will be issued to operators by June, outlining the …

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Andrew Rhodes: Outcome of UK Gambling Review will be significant on a global basis 

The global significance of the pending outcomes of the Gambling Review were laid out by Andrew Rhodes, Chief Executive of the UK Gambling Commission (UKGC), to industry leaders attending the ICE 2022 World Regulatory Briefing.  Opening his address, Rhodes welcomed ICE audiences to a ‘much-changed world’, adjusting to the aftermath of the global COVID-19 pandemic and its radical change in …

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888 nets £250m deal reduction on William Hill takeover terms 

The board of 888 Holdings has notified investors that it has reached an agreement with Caesars Entertainment to amend the terms of its acquisition of William Hill.  Citing a change in macroeconomic conditions and regulatory/compliance factors since the deal was initiated on 9 September 2021, Caesars has agreed to lower its enterprise valuation of William Hill from £2.2bn to £1.95/ …

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CAP bans use of sports stars and celebrities to promote gambling campaigns

UK licensed gambling operators will no longer be allowed to use high profile sports stars to promote their marketing campaigns. The measure was announced by CAP – The Committee of Advertising Practice, who this morning published a series “of tough new rules to curb the appeal of gambling adverts with under-18 audiences”. The new rules that will be applied from …

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