Tag Archives: UKGC

UKGC alerts industry stakeholders of new money laundering & financial regulations

SBC News UKGC alerts industry stakeholders of new money laundering & financial regulations

The UK Gambling Commission has alerted industry stakeholders to new regulations implemented on money laundering and financial transfers by the UK Government. This week the UK Government published the “The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017”, with new EU-wide regulations set to come into effect from 26 June. The new publication is set …

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Ladbrokes launches investigation into Glasgow ‘player information’ incident

SBC News Ladbrokes launches investigation into Glasgow 'player information' incident

Ladbrokes Coral Group governance has launched an internal probe relating to confidential player self-exclusion information being found outside a Ladbrokes Glasgow Central betting shop. The incident has hit national headlines, with The Guardian newspaper reporting that Ladbrokes may face an investigation by the UK Gambling Commission (UKGC). It has been reported that the player information related to Ladbrokes customers who …

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Aleš Gornjec – Comtrade Gaming – Understanding business & the regulation of sports bonusing

SBC News Aleš Gornjec - Comtrade Gaming - Understanding business & the regulation of sports bonusing

From a platform provider to client perspective, Aleš Gornjec General Manager of Comtrade Gaming details that the industry has to rethink and re-understand its all-round strategy with regards to bonuses and player incentives. __________________________________ More than 8.5 million pages on Google are devoted to online gaming promotions, which means that there is both strategy and opportunity when focusing on this …

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UKGC fines Lottoland £150,000 for unclear communication of services

Lottoland

Updating the market, the UK Gambling Commission (UKGC) has announced that Gibraltar-based online lottery operator Lottoland has been fined £150,000 for advertising failings of unclear communication of its services and promotions. The UKGC details that Lottoland advertising ‘did not make it clear to consumers that they were betting on the outcome of a lottery draw and not actually taking part …

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Senet Group calls for industry to help RGSB’s Responsible Gaming study

SBC News Senet Group calls for industry to help RGSB's Responsible Gaming study

Industry-independent watchdog, The Senet Group has called for gambling stakeholders to back the Responsible Gambling Strategy Board (RGSB), in its efforts to establish a better understanding and overall knowledge of responsible gambling. Set-up in 2016, the RGSB has proposed a three-year strategy to promote responsibility in gambling and to reduce or mitigate gambling-related harm. The RGSB’s is intending to publish …

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UKGC responds to the FA’s end of relationship with betting

SBC News UKGC responds to the FA’s end of relationship with betting

The UK Gambling Commission (UKGC) has issued a response to yesterday’s news that the English Football Association (FA) has ended all commercial ties with the betting/gambling industry. Following a governance review, the FA has decided to end its £4 million per year betting partnership with Ladbrokes, just one year into its four-year contract. English football’s governing body is reported to …

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UKGC wants operators to get tough on customer ID checks

SBC News UKGC wants operators to get tough on customer ID checks

Issuing an industry update, the UK Gambling Commission (UKGC) has reminded operators that if they only request identity documents when a customer withdraws their funds, they could be putting their business at risk of failing to meet anti-money laundering (AML) and social responsibility standards thus breaching the conditions of their licence. The UKGC details that it is concerned following a …

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UKGC joint operation with PIPCU sees mass reduction in industry illegal adverts

SBC News UKGC joint operation with PIPCU sees mass reduction in industry illegal adverts

Updating the market, the UK Gambling Commission (UKGC) has revealed that through its joint operation with the City of London Police Intellectual Property Crime Unit (PIPCU) there has been an 87% decline in gambling adverts served through illegal websites. The joint operation was set up 12 months ago, in order to further protect media owners against copyright infringement. The partnership …

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Finnplay secures UKGC software operating licence

SBC News Finnplay secures UKGC software operating licence

Seeking to boost its licensing provisions, Finnish platform and white-label industry solutions supplier Finnplay has confirmed that it has gained a software operating licence from the UK Gambling Commission (UKGC). Updating the market, Finnplay management detailed that it had added UK betting industry software supplier certification to its existing UKGC ‘pool betting’ licence, thus being able to better service the …

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ESIC forms eSports advisory partnership with UK Gambling Commission

SBC News ESIC forms eSports advisory partnership with UK Gambling Commission

Non-profit Esports Integrity Coalition (ESIC) has detailed that it has signed a memorandum of understanding with the UK Gambling Commission (UKGC), which will see the organisation become an adviser on the detection and prevention of betting malpractice within eSports. Set-up in 2015, ESIC’s aim is to uphold the integrity of eSports and its related stakeholders against match manipulation and potential …

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