Tag Archives: UKGC

Issuing a market statement, the governance of London AIM-listed online gambling group Stride Gaming Plc has clarified its strategic position/intent, following media reports that it seeks an outright sale of the business. Stride governance confirms that at present ‘all strategic options are being considered’ with a view to maximising shareholder value, including – i) implementing an aggressive UK and international …

The Gambling Commission has released a new set of rules, ensuring that operators implement a new wave of age verifications checks “to make gambling safer and fairer”. Following an open consultation, and to further guard against the risk of children gambling, new rules mean operators must verify customer age before they can either deposit funds into an account or gamble with …

The UK Gambling Commission (UKGC) has teamed up with a range of organisations across Wales with a view to provide and improve support to those who are susceptible to gambling-related harms. At the meeting in Cardiff,  30 representatives took part in a round table discussion, addressing the provision of treatment and prevention services, public health messaging, gambling venues and extending …

Publishing its latest industry opinion, strategic consultancy Regulus Partners details that sector leadership needs to carefully balance the right narrative/debate on tackling the delicate and complex matter of problem gambling… __________________ The hair shirt is this season’s must-have fashion item for the well-dressed gambling executive, and this week was the turn of the GVC executive team to adopt sackcloth and …

Global consumer comparisons and credit score data provider Experian has launched the industry’s first ‘affordability check’ tool, helping operators’ asses, identify and better understand customer risks, behaviours and affordability. In its product notes, Experian details that the affordability check tool becomes valid at the ‘most appropriate point for customers’, helping betting firms identify account changes or specific behaviours that may …

UK gambling has suffered an embarrassing weekend, as national media reports that the safeguards of GamStop – the sector’s online self-exclusion scheme – have been breached by problem gamblers. On Sunday 13 January, the BBC ‘Five Live Investigates’ program revealed that problem gamblers registered on the GamStop scheme had been able to circumvent exclusion provisions by simply changing minor details when registering with …

Jeremy Wright, the UK Secretary of State for the Department of Digital, Culture, Media and Sport (DCMS), is set to review gambling’s relationship with debt/credit transactions. In a move to develop a more socially responsible sector, Wright and DCMS will summon gambling and retail banking leadership, discussing government and social concerns on debt/credit funded wagers. UK news sources report that government …

Industry watchdog UK Gambling Commission has confirmed its reappointment of Trevor Pearce to the Board of Commissioners for a second term of four years, from July 1 2019 to June 30 2023. Pearce has 40 years of prior experience in law enforcement with the Kent County Constabulary as well as  the National Crime Squad, Serious Organised Crime Agency, and National …

The UK Gambling Commission (UKGC) begins 2019’s legislative agenda publishing its industry guidance on ‘preventing money laundering and combating the financing of terrorism – (fourth edition)’. The UKGC’s report is led by the recommendations of the Financial Action Task Force (FATF), a European Union inter-governmental body responsible for setting international standards on anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks and …