Tag Archives: UKGC

Allwyn acquires Camelot UK to accelerate stewardship of National Lottery 

national lottery website UK

Allwyn Entertainment will take over the running of the National Lottery in 2023, having agreed terms to acquire Camelot UK outright.   A deal was reached with the Ontario Teachers Pension Plan (OTPP) for Camelot UK to be sold to Allwyn, who will take control of the Fourth National Lottery contract a year prior to its entitlement. Financial terms were not …

Read More »

UKGC: Gambling protections work, but children require better influences to prevent harm

SBC News UKGC: Gambling protections work, but children require better influences to prevent harm

The UK Gambling Commission (UKGC) has published its long-awaited ‘Young People and Gambling Report’, following a two-year hiatus due to the COVID-19 pandemic’s impact on its survey research.  Since 2011, the Commission has surveyed 11 to 16-year-olds’ involvement in gambling as a key assessment of market safeguards to protect children from being harmed or exploited by gambling. Last month, the …

Read More »

UKGC changes research design of Young People and Gambling report.

SBC News UKGC changes research design of Young People and Gambling report.

The UK Gambling Commission (UKGC) has alerted stakeholders of changes to its upcoming “Young People and Gambling” report, due to be published on 10 November.  Since 2011, the Commission has surveyed 11 to 16-year-olds’ involvement in gambling as a key assessment of market safeguards to protect children from being harmed or exploited by gambling. However, since 2020, the regulator has …

Read More »

UKGC: Gambling participation remains below pre-pandemic levels

SBC News UKGC: Gambling participation remains below pre-pandemic levels

The British public’s participation in gambling activity has ‘significantly increased’ as of September 2022, according to the latest statistics of the UK Gambling Commission (UKGC). Total ‘in-person’ participation in betting and gaming (retail betting and land-based casino)  – over the previous four weeks rose to 27%, as reported by the Commission’s latest data report, based on its quarterly telephone survey …

Read More »

David Clifton: Licensing Expert – So what comes next?

SBC News David Clifton: Licensing Expert – So what comes next?

Though blighted by chaotic changes to the government, which will likely see no publishing of the Gambling Review White Paper in 2022. Licensing Expert David Clifton observes strategic manoeuvres that indicate which criteria stakeholders want the Review’s remaining proceedings to focus on. Consensus points out that an abandonment of the White Paper would not represent good news for either the …

Read More »

SGWeek mocked as a ‘cringe campaign’ by Gambling with Lives

SBC News SGWeek mocked as a 'cringe campaign' by Gambling with Lives

Safer Gambling Week (#SGWeek2022) has been branded a ‘yearly deception’ which takes place every October by Gambling with Lives (GWL). The charity and reform group representing families bereaved by gambling-related suicide has called on MPs to ignore the industry-funded campaign that deflects from the real causes of gambling harms. Writing an op-ed on Commons news source PoliticsHome, GWL Strategy Director …

Read More »

UKGC penalises Betfred £2.8m for customer care failings  

SBC News UKGC penalises Betfred £2.8m for customer care failings  

The UK Gambling Commission (UKGC) has summoned Betfred’s Gibraltar-based subsidiary Petfre Limited to pay a £2.87m penalty for a series of social responsibility and anti-money laundering failures. The regulatory settlement is being undertaken due to social responsibility and AML discrepancies registered by Petre, the operating company of Betfred.com and Oddsking.com for the period of October 2019 to December 2020.  Petfre …

Read More »

Winning Post: Growth Plan 2023 or gambling on the UK’s future?

SBC News Winning Post: Growth Plan 2023 or gambling on the UK's future?

Regulus Partners dissects the ‘mini-budget’ statement summoned by new Chancellor of the Exchequer Kwasi Kwarteng, as the closing months of 2022 will reveal the true impact of macro trends on UK gambling as consumers face a winter pinch. For the first time in over a decade, macroeconomic issues are likely to be the dominant drivers of revenue performance in more …

Read More »

Betway fined £400K for Young Hammer blunders

SBC News Betway fined £400K for Young Hammer blunders

The UK Gambling Commission (UKGC) has fined Betway Limited £400,000 for marketing discrepancies, which saw its brand promoted to children. The Betway brand is reported to have been promoted on the children’s section of West Ham United’s club website. The penalty notice revealed that between 14 April 2020 and 6 November 2021, a Betway logo (with a link) “was displayed …

Read More »