National online self-exclusion service Gamstop has published the findings of its most recent research, revealing that 67% of registered users had opted to self-exclude for the maximum five-year period during lockdown. The research primarily focused on the impact of the ongoing lockdown on consumers. From 31 March 2020, it has been a licensing condition for all online operators to offer …
Read More »
GVC Holdings has backed the UK Gambling Commission‘s (UKGC) decision to enforce additional industry lockdown measures to protect vulnerable consumers. Yesterday, the UKGC published a series of immediate operator requirements on customer interventions, player monitoring, due diligence and affordability checks. The temporary requirements approved by the Department of Digital Culture Media and Sport (DCMS) relate to concerns that UK consumers could …
Read More »
White-label services have come under further regulatory scrutiny as the UK Gambling Commission (UKGC) has ordered FSB to pay £600,000 after the regulator identified responsibility failings attached to the management of its ‘subsidiary licensed’ partners. Conducting an investigation, the UKGC found that FSB white label partners had breached industry standards on customer interactions, AML deficiencies, inappropriate advertising, self-exclusion protocols and …
Read More »
Playtech executives James Frendo (Director of Casino) and Simo Dragicevic (CEO of BetBuddy) talk to SBC about how a ‘sustainability-first approach’ to product development has changed the FTSE tech group’s thinking and culture with regards to tackling the industry’s current demands and complexities. ______________ SBC: Hi Team, can you detail to SBC audiences Playtech’s commitment towards sustainable development. When was this programme …
Read More »
The UK Gambling Commission (UKGC) has this morning confirmed the appointment of four new commissioners, strengthening its regulatory oversight for a crucial 2020 agenda and further future proceedings. The commissioner appointments have been approved by the Department of Digital, Culture, Media and Sport (DCMS) – allowing Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey to join UKGC governance …
Read More »
As I write this, I am greatly looking forward to moderating the “Brand Control – Working with Affiliates” panel session during the “Digital Marketing Day” of the ground-breaking SBC Digital Summit. This will be a highly topical session because, looking back on what has happened in gaming regulatory terms since the commencement of the COVID-19 lockdown in the UK and …
Read More »
The UK Gambling Commission (UKGC) has transferred £9 million in industry penalties to help its problem gambling, support, research and treatment charities cope with the ongoing COVID-19 crisis. The UKGC has directly allocated £9 million to lead gambling-harm prevention charity GambleAware, who will be tasked with distributing funds to its partner network. The UKGC and GambleAware have prioritised ensuring that …
Read More »
In recent weeks, government officials have called upon the gambling industry to ramp up protection measures and provide additional funding for problem gambling treatment during the COVID-19 lockdown. Speaking to SBC, EPIC Risk Management CEO Paul Buck explained that while additional funding for treatment would be welcome, further support for both research and education is key in mitigating gambling related …
Read More »
Gamesys Group Plc has disclosed that it will be suspending all TV and radio advertising across the UK until COVID-19 restrictions are lifted, highlighting its concerns over targeting children and those vulnerable to problem gambling. Publishing its Q1 trading update for the three month period ending 31 March 2020, the company emphasised that it will be strengthening its responsible gambling …
Read More »
As COVID-19 continues to change the regulatory landscape across the globe, the betting sector plays a key role in evolving and adapting AML procedures for all high-risk businesses. Speaking to Payment Expert, William Hill’s Group Director of AML Steven Armstrong emphasised the importance of the industry’s ability to pull together when it comes to AML innovation. Armstrong stated: “As an industry, …
Read More »
SBC News Voice of the Sports Betting Industry