Tag Archives: UKGC

UKGC publishes ‘joint consultation’ on proposed licence fee changes

Partnering with the Department for Culture, Media and Sport (DCMS), the UK Gambling Commission (UKGC) has published its initial ‘joint consultation’ on proposed changes to operator fees with regards to UK gambling licences. The commission expects to implement these changes from April 2017. The proposals of the UKGC consultation are as follows: Take account of the significant changes to our costs …

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David Clifton: Licensing Expert – Drilling down into the latest Industry Statistics

An article has already been published by SBC News about the latest gambling industry statistics, recently published by the Gambling Commission and covering the period April 2011 to March 2015 (but updated to include October 2014 to September 2015); (see http://www.sbcnews.co.uk/retail/2016/07/04/gambling-commission-reveals) However, I am going to drill down a bit deeper into those figures with a particular focus on the …

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UKGC & Portugese SRJI form information partnership

The UK Gambling Commission has confirmed that it has entered a strategic bilateral cooperation agreement with Portuguese gambling regulator, the Serviço de Regulação e Inspeção de Jogos of Instituto do Turismo de Portugal (SRIJ). Working together both regulatory organisations will seek to strengthen their legislative codes and combat illegal gambling activities through knowledge and information sharing, Both parties stressed that …

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BetConstruct plans to challenge the status quo in UK market

Multi-channel supplier BetConstruct has said that it is going to challenge the status quo in the UK supply chain now that it has been granted a Combined Remote Operating Licence by the UK Gambling Commission. Vahe Baloulian, BetConstruct CEO, commented: “The Combined Remote Operating Licence by the UK Gambling Commission widens the path for BetConstruct to one of the most important …

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UKGC – Betfred to pay over £800,000 following licence review

The UK Gambling Commission has informed the market that Betfred will pay more than £800,000 in compensation and in contribution towards socially responsible causes as part of a regulatory settlement following a licence review. This payment follows failures by the operator in its anti-money laundering and social responsibility policies. The Gambling Commission’s investigation follows a court case that resulted in …

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Scott Longley – Minority Report: UK sports betting by numbers…

Scott Longley breaks down the UK Gambling Commission’s report on UK consumer betting on sport, assessing if there is a clear long-tail of opportunity for bookmakers in markets beyond football and racing. _________________________ The data released in November last year by the UK Gambling Commission for the first time gave an insight into the online betting habits of UK punters …

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FanDuel waits on UK license approval for August launch

FanDuel have confirmed that they are working towards a target date for launch in the UK, but stressed that ‘the date is not set in stone and still provisional’. The company already have a license to operate remote gambling software but are still waiting on approval for their UK license application. As reported on CalvinAyre.com, FanDuel CEO Nigel Eccles told Bloomberg last …

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David Clifton – Licensing Expert – A month of major UKGC regulatory developments

The last month has seen a large number of regulatory developments that will have direct bearing on operators licensed by the Gambling Commission. Although it was not the first in chronological terms, my starting point is a speech given by Sarah Harrison, the Gambling Commission Chief Executive, at the Bingo Association AGM. It represented a summary of: what she called …

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UKGC aims to implement new consumer focused business plan

Updating the industry, the UK Gambling Commission (UKGC) has set out a new consumer focused business plan which it will aim to integrate over the coming year. UKGC management detailed that the plan would cover three direct themes Building on vital work to protect the most vulnerable, and set standards for responsible and safe gambling Ensuring markets are fair and …

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