Tag Archives: UKGC

UKGC cracks AML whip issuing £4.5m penalty packages for ‘weak controls’

The UK Gambling Commission (UKGC) has imposed £4.5 million in penalty packages on four online casino operators in relation to failed AML procedures and maintaining inadequate consumer safeguards. The penalty packages form part of the Commission’s ongoing investigation into the UK online casino sector. In its update, the UKGC confirms that InTouch Games will pay £2.2 million in lieu of financial penalties for …

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EPIC forms ‘big collaboration’ with Whysup on harm prevention

Independent gambling harm and minimisation consultancy EPIC Risk Management has teamed up with Whysup to support the ongoing efforts of the UK Gambling Commission’s (UKGC) ‘National Strategy’ on gambling harm reductions. Updating the media, EPIC and Whysup have formed a shared collaborative approach to combat and reduce gambling-related harms at a national level, helping regulatory stakeholders. The strategic partnership is formed, …

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UKGC enforces new code on player age and ID

The UK Gambling Commission (UKGC) has issued an update reminding all industry stakeholders that new rules on online age and identity verification will be enforced from today (Tuesday 7 May 2019). In its update, the UKGC states that it is enforcing new LCCP rules to ensure that online operators ‘verify customer age and identity details quickly and robustly’. Stricter demands …

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Winning Post – Industry finds its cost of virtue

Industry strategic consultancy Regulus Partners reviews a week of industry ‘virtue signalling’, as debate on the need of a ‘safer gambling levy’ is now finely balanced… ___________ UK: Regulation – GVC learns that there’s no pleasing some folk. Mirror, mirror on the wall, who is the most virtuous one of all? Could it be Kenny, could it be Phil? Or …

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Mims Davies – New National Strategy reflects modern concerns of tackling problem gambling

Mims Davies MP, the UK Minister for Sports & Civil Society (DCMS), has stated that the UK government will fully support the UK Gambling Commission (UKGC) in implementing its new ‘National Strategy to Reduce Gambling Harms’. Appointed last November as UK Sports Minister, following the well-publicised resignation of Tracey Crouch in protest of ‘FOBTs delays’, Davies details the UKGC’s national …

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UKGC forms its widest collaboration on reducing problem gambling harms

Publishing its ‘National Strategy’ on gambling harm reductions, the UK Gambling Commission (UKGC) has called on its widest network of stakeholders to combat gambling harms. Presenting its ‘three-year strategy’, the UKGC details that it will coordinate with UK health bodies, charities, communities, regulators and wider businesses on tackling problem gambling. The Commission’s new strategy has established two strategic priorities in …

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UKGC sets out key focus areas in 2019-20 strategy

The UK Gambling Commission (UKGC) has set out its key areas of focus for the next 12 months as part of its 2019-20 Business Plan, detailing the ways it plans to protect customers, prevent harm, raise industry standards and improving regulation. As the regulator moves into the second year of its 2018-2021 strategy, the UKGC intends to “secure a more …

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UKGC outlines new guidelines on settling bets

The UK Gambling Commission (UKGC) has released a number of ‘top tips’ for operators to ensure that bets are being settled in accordance with the regulator’s social responsibility code provision 4.2.6. The advice comes after the UKGC has been made aware of operators breaching the licence conditions and codes of practice, examples of which have included “using a new settlement …

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Winning Post: Industry heading towards more Euro uncertainties

Industry strategic consultancy Regulus Partners reflects on another week of UK and European setbacks for gambling incumbents. Despite broader regulatory frameworks in-place, political relationships appear more complicated than ever before… ___________ Sweden: online regulation – losing the war… Most online gambling operators that comment on their regulatory strategy or policy tend to state that they favour growing domestically regulated markets …

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Jeremy Wright blasts bookmakers for bypassing FOBT rules

Culture Secretary Jeremy Wright has hit back at bookmakers who have supposedly undermined the restraints imposed on Fixed Odds Betting Terminals (FOBTs), describing the actions as “disgraceful” in a recent Parliamentary session. The new restrictions on the terminals came into play on 1 April. Earlier in the month, however, The Guardian accused Paddy Power and Betfred of trying to circumvent …

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