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 …
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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 »UKGC formally awards National Lottery licence to Allwyn
Allwyn Entertainment UK has been officially awarded the National Lottery’s operating contract by the UK Gambling Commission (UKGC). Allwyn was first named as the preferred candidate for the fourth National Lottery licence in March, but current incumbents Camelot contested the Gambling Commission’s decision and appealed to the High Court. Therefore, commencement of the transition period was delayed until further notice, …
Read More »David Clifton: Licensing Expert – UK Gambling’s settlement is required sooner rather than later
Parliament returns from its summer recess with a new Prime Minister and senior cabinet, but gambling remains in the dark with regards to its regulatory future, in which an urgent settlement is required on dragged-out affairs for all industry stakeholders. It is two months since publication of my last ‘Licensing Expert’ article, ‘Change will come – eventually’, focusing on the …
Read More »UKGC accounts reveal high costs of 4th National Lottery competition
The UK Gambling Commission (UKGC) has cited progress on achieving the priority areas of its new ‘three-year Corporate Strategy’, helping improve the governance of licensed gambling businesses. corp The Commission published its 2021/2022 ‘Annual Report & Accounts (April 2021-March 2022)’ assessing its performance, measures and compliance work to make gambling safer in Britain. The compliance work was undertaken over the …
Read More »Dorries exits DCMS as gambling remains in the dark on review proceedings
Nadine Dorries has confirmed that she has resigned from duties as Secretary of State for DCMS, choosing not to serve in the senior cabinet of new Prime Minister Liz Truss. The MP for Mid Bedfordshire is reported to have turned down a direct request by Truss to stay in charge of leading DCMS directives. A steadfast ally of Boris Johnson, …
Read More »Allwyn to proceed with National Lottery transfer duties as Camelot withdraws appeal of enabling rights
Allwyn UK will be allowed to begin the transition process to become the new operating company of the National Lottery. Yesterday afternoon, parent company Allwyn Entertainment AG announced that Camelot Group had withdrawn its appeal of enabling rights granted by the UK Gambling Commission (UKGC) to Allwyn UK. The appeal formed part of Camelot UK and IGT Plc’s High Court …
Read More »DCMS maintains Baillie & Seddon as UKGC commissioners
DCMS has extended the tenures of John Baillie and Catharine Seddon as commissioners, providing policy guidance and regulatory oversight to the UK Gambling Commission (UKGC). The tenures have been extended for the period covering 31 December 2022 until 10 April 2024. Baillie and Seddon have served as UKGC advisors since 2016, having been appointed by former DCMS Secretary John Whittingdale, …
Read More »UKGC amends requirements of Social Responsibility Code on customer interactions
The UK Gambling Commission (UKGC) has revised the requirements of the Social Responsibility Code Provision on remote customer interactions. The notification came this afternoon, alerting licensees of changes announced to its April update on new requirements of the Social Responsibility Code Provision “to ensure that remote operators do more to identify customers at risk of harm”. Operators were advised that …
Read More »Entain handed £17m penalty by UKGC for compliance failings
Entain Plc has been summoned to pay the largest penalty in UK gambling history, totalling £17m, for regulatory failures connected to its online and retail business. This morning the UK Gambling Commission (UKGC) notified that it had issued Entain subsidiary LC International, which operates 13 UK websites, a sanction totalling £14m. A further demand for £3m was issued to the …
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