Issuing a short market statement, the leadership of European online gambling firm ComeOn has confirmed that it has withdrawn all active brands from the UK online gambling marketplace. Updating stakeholders, ComeOn Chief Executive Lahcene Merzoug confirms that the flagship ComeOn.com domain, along with subsidiaries mobilebet.com and getlucky.com will withdraw from the UK, choosing to ‘focus on more favourable markets. 2019 …
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More scrutiny is being placed on the UK’s white label operation framework after the Gambling Commission revealed that it has initiated a review into FSB Technology over one of its licensees – Blackbet.co.uk. The UK Gambling Commission (UKGC) said it has instigated the review of FSB’s licence under section 116 of the Gambling Act, which authorises it to take such action if it: …
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Publishing its interim H1 2019 results (period ending 30 June), Catena Media Plc said it is ‘working hard to adapt to new market conditions’ facing all industry incumbents. The Stockholm-listed affiliate marketing network reported tough Q2 2019 trading, facing seasonal adjustments, regulatory headwinds and ‘high casino pay-offs’. The tough set of factors see Catena post a flat H1 2019 revenue …
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The UK Gambling Commission has recently announced forthcoming changes to its Licence Conditions and Codes of Practice (“LCCP”) intended to: raise standards for alternative dispute resolution – coming into force on 31 October 2019, strengthen requirements on how licensees identify and interact with customers who may be at risk of or experiencing gambling harms – also coming into force on 31 October 2019 …
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Did you know that it is nearly 61 years since the first successful recognizably modern credit card – the BankAmericard – was introduced? It was not until 8 years later, in 1966, that Barclaycard launched in the UK the first credit card outside the USA. Credit cards have been controversial from the outset because of the potential harms that arise …
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UK gambling sees its third ministerial leadership change in less than nine months, as the government confirms the appointment of Nigel Adams MP for Selby & Ainsty (North Yorkshire) as new ‘Minister of State for Digital & Sports’. Working for DCMS, Adams will replace current incumbent Mims Davies who was appointed as UK Sports & Civic Society Minister last November, …
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The UK Gambling Commission (UKGC) has supported the publication of the government’s new ‘Economic Crime Plan 2019-2022’, setting out the UK’s strategic priorities and agenda for combatting economic crimes threatening UK industry. Established by new government task force the ‘Economic Crime Strategic Board’, and backed by the UK Treasury and Home Secretary, the crime plan covers ‘7 priority areas’ for …
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Expansion seeking Campeon Gaming Partners has made its move in the UK online casino market by launching CampeonUK. Running with affiliate tracking from Income Access, it is the fourth live brand for the igaming operator after CampeonBet, EvoBet and SvenBet. Having established these brands, the company is ready to find success in the UK’s huge online gambling market. It will …
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Investment bank Rothschild & Co is to act as the UK Gambling Commission (UKGC) lead financial advisor as the UK prepares to launch its fourth National Lottery tender. The Rothschild announcement, sees the UKGC complete its appointment of tender strategic advisors with ‘big-4’ auditor EY responsible for the competition’s design, management consultancy Deloitte leading policy development and London law firm …
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Publishing its ‘Anti-money laundering and counter-terrorism financing supervision report 2017/18’, the HM Treasury has praised the UK Gambling Commission (UKGC) for its contribution to research and insights on UK AML concerns. The Treasury publishes its seventh ‘AML/CTF report’, seeking to improve compliance transparency and accountability for UK supervisory stakeholders, across multiple business disciplines. In its report, the HM Treasury consults …
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