The Malta Gaming Authority (MGA) follows the UK Gambling Commission (UKGC) in suspending the B2C licence of incumbent Stakers Limited, operator of Stakers.com Issuing a statement on 10 March, the MGA declared an immediate ‘enforced suspension’ of Stakers licence, prohibiting the operator from servicing any wagering activities under its jurisdiction. “Stakers Limited is thus no longer authorised to carry out …
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Entering a new decade, industry leadership faces the challenge of developing stronger consumer propositions and engaging products, as the sector hits its ‘peak betting phase’. The industry’s 2020 agenda began with UKGC Chief Executive Neil McArthur outlining concerns that the industry’s consumer confidence had ‘reached its lowest ebb’, whilst participation shrinks. Amid these prominent concerns, Generation-Z enters working life as …
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The UK Gambling Commission (UKGC) will assess its licensee data and information requirements, after confirming the launch of its new industry stakeholder consultation. The new consultation aims to evaluate operator data requirements and reporting procedures adhering to conditions established by the Commission’s Licence Conditions and Codes of Practice (LCCP). In addition, the consultation will require stakeholders to submit the details …
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If the gambling industry buzzword for the last two years has been “collaboration”, it looks as if this year’s might well be “consensus”. Speaking personally, I am all for that. It’s a word that featured prominently in speeches by former Labour Party Deputy Leader, Tom Watson, and Gambling Commission CEO, Neil McArthur at ICE on 4 February. Watson used it …
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Closing Monday 17 February trading, online betting exchange Matchbook has been forced to suspend its entire UK betting and casino services. The Dundalk-based operator issued a statement to customers detailing that the UK Gambling Commission (UKGC) had sanctioned a temporary licence suspension on its operating company Triplebet Limited. “As a result, from 23.59 on 17 February 2020 we will be …
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Regulus Partners analyses the events of what could become a defining week for UK gambling, as an under-pressure Gambling Commission commits to a review of stakes and prizes, whilst the conservative government appoints its eighth DCMS leader. _______________________ When the story of the prohibition of gambling in Great Britain comes to be written, this week’s events in Parliament may well …
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The UK Gambling Commission (UKGC) has hosted a two-day meeting between industry executives and technology experts, seeking to make progress on the development of a ‘single industry-wide solution’ reducing gambling harms. Forming a ‘single customer view’ of UK gambling has been previously outlined as a major strategic initiative of the UKGC’s ongoing ‘National Strategy’ regulating the UK gambling incumbents The …
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Leadership of the UK Gambling Commission (UKGC) will be questioned tomorrow by the House of Lords Select Committee researching the ‘social and economic impacts’ of the gambling industry. UKGC Chief Executive Neil McArthur and Chairman Dr Bill Moyes have been scheduled for a two-hour ‘evidence session’ on Tuesday 11 February (start-time 15:20) detailing insights on governing the UK gambling sector. …
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Leaders of UK betting’s top five betting operators yesterday gave insights and opinions to the House of Lords Select Committee tasked with investigating the ‘Social and Economic Impact of the Gambling Industry’. Established in 2019, the Lords Committee continues its review of UK gambling seeking to gain valuable research and ‘reliable facts’ on unique industry factors and dynamics with for …
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Calling for an imminent review of the 2005 Gambling Act, the UK government seeks to scrutinise the ‘under the bonnet’ components servicing online gambling incumbents. Amid heightened political scrutiny, Alastair Graham Chief Executive of age attribution software provider AgeChecked, details to SBC why in 2020 industry leadership needs to deepen its skillset and sophistication of tools related to age verification …
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