The record + £19m fine imposed on William Hill reveals why UK gambling Plcs have found it hard to accommodate new rules on Social Responsibility and Customer Interaction… A reality previously foretold by David Clifton. The regulatory settlements pursuant to which William Hill are obliged to pay a record total of £19.2 million for social responsibility and anti-money …
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NIESR cites critical need for holistic data to understand problem gambling’s societal cost
A research team from the National Institute of Economic and Social Research (NIESR) has stated that better estimates and in-depth studies are required to help understand the societal impacts of problem gambling. The guidance forms part of the NIESR report published on 14 April, titled: “The Fiscal Costs & Benefits of Problem Gambling.“ As cited in the executive summary, “This …
Read More »UKGC fines TGP Europe £320k for AML white-label shortcomings
The UK Gambling Commission (UKGC) has this morning charged TGP Europe Limited a penalty totalling £316,250 for failures in anti-money laundering (AML) and social responsibility measures. The Isle of Man-based business, which manages a white-label network of 19 websites, including the sportsbook brands of Fun88, 12Bet, BK8 and Kaiyun, will also receive an official warning and face added conditions to …
Read More »Gambling Integrity: The harm in chasing Markers of Harm…
In a new feature series for SBC, the compliance experts of Gambling Integrity dissect the sector’s regulatory and governance challenges. As regulators demand that operators implement Markers of Harm, Gambling Integrity founder Malcolm Bruce questions whether anyone can find a solution to undefined discipline… If you’re an online gambling company under the critical eye of a conscientious regulator, then you …
Read More »Howard League raises alarm on Gambling Harms within Prison culture
UK penal reform organisation The Howard League has pointed its stakeholders to concerns raised by a study researching the “damaging impact of gambling in prison culture and safety”. A recent study conducted by the Commission on Crime and Gambling Related Harms has highlighted a problematic culture of gambling in prison and its negative outcomes on inmates. The research, undertaken since …
Read More »Media eyes on Sunak to call on White Paper’s April conclusion
Speculation mounts across the UK media’s grapevine that April will be the definitive month in which the government publishes the long-overdue White Paper on gambling reforms. Writing in The Sunday Times, long-standing gambling critic Dominic Lawson – son of Nigel Lawson, former Chancellor of the Thatcher government – cited: “I’m told the white paper will at last be published on …
Read More »Winning Post: Gambling Review… Selecting the Facts
A busy month of March concludes with Regulus Partners examining the written responses submitted to DCMS on the Gambling Review’s scope and remit… as it appears that once again, UK Gambling’s future will be settled by ‘selective facts’. Let’s spare a thought for the poor souls who constitute the Select Committee for Digital, Culture, Media and Sport. The committee has …
Read More »DCMS responses published on White Paper’s scope & remit
The Public Accounts Committee of Parliament has published 91 individual ‘written evidence’ responses submitted to DCMS in relation to the conduct of the Gambling Review. The responses were published on Tuesday, 21 March, providing diverse and conflicting opinions on the current state of UK gambling and its future regulatory approach. DCMS launched its ‘committee inquiry’ on 22 December, 2022, “to …
Read More »Winning Post: UK Gambling’s future is a question of balance…
Regulus Partners examines the implication of yet another DCMS public consultation that UK Gambling has been drawn into and last week’s Cheltenham Festival, which put on a fair show for punters and bookmakers. If there is one thing that gambling needs like a hole in the head, it is yet another public consultation – but that is precisely what we …
Read More »Poppleston Allen: Cheltenham bettors may need payslips amid affordability uncertainty
During a big week for UK racing at Cheltenham, gambling licensing law firm Poppleston Allen has warned that bettors might have to undergo affordability checks. Last year, The Jockey Club reported 280,000 attendees over the four-day event, and OpenBet – the platform that took bets for operators such as William Hill, Ladbrokes, Paddy Power, SkyBet and Betfair – processed bets …
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