Warren Russell, CEO at W2, writes for SBC on the long-awaited review of the Gambling Act and the reasons why this presents a new opportunity for the industry to enact real change in the player protection space. Cast your eyes back to 2020. Many of us will remember this as a time when the UK was slowly starting to emerge …
Read More »
Affordability has been one of the key talking points in gambling circles over the past year, eliciting positive responses from some stakeholders, but reservations from others. Although the Gambling Act review has once again been delayed, many reform advocates remain hopeful that enhanced affordability checks protecting the most vulnerable of players will be included in the regulatory overhaul. On the …
Read More »
Regulatory compliance services provider W2 has developed an ‘Affordability for Gambling Tool’, designed to have a minimal impact on the customer journey for betting firms. Addressing an expected requirement for enhanced affordability as a result of the 2005 Gambling Act review, the company states its product has been built to create a ‘clear picture’ without being overly intrusive. The tool …
Read More »
“We cannot make the operators the police,” said W2 founder and CEO Warren Russell, as he called on all key stakeholders within the UK’s igaming industry to work collaboratively to identify problem gambling and become better aware of its real dangers. Russell spoke to SBC News about why KYC checks are not just a task for the onboarding phase and …
Read More »
As the review of the 2005 Gambling Act makes its way through the various stages of parliamentary proceedings, there is one thing on everyone’s mind: will the Department for Digital, Culture, Media & Sport (DCMS) enforce the changes that the gambling industry really needs? Or will the industry’s current stigma bring about unwanted reform? With the findings of the review …
Read More »
Writing a shared account for SBC News, Warren Russell from W2 and Crucial Compliance’s Paul Foster explain why the move towards tighter enforcement for global regulators leaves operators needing to strengthen their compliance efforts today. Global regulators continue to tighten regulations to ensure licence holders meet the highest possible safer gambling and AML standards. As part of these efforts, regulators …
Read More »
The ‘laser-like’ focus of the UK Gambling Commission (UKGC) on player protection, combined with the likely compliance updates from the Department for Digital, Culture, Media and Sport (DCMS) led review of the UK Gambling Act, could mean that adoption of W2’s new real-time affordability solution becomes vital for the country’s gaming operators. We spoke to W2 Head of Sales Peter …
Read More »
W2 has launched a new real-time affordability check solution to support the needs of operators adapting to evolving compliance guidance from the UK Gambling Commission (UKGC). UKGC guidance requires licensees to put affordability at the heart of their safer gambling commitments for 2021, and will undoubtedly become a central focus in the Gambling Act review, particularly as so many fines …
Read More »
Digital KYC, compliance and risk assessment solutions provider W2 Data has formed a strategic partnership with Gibraltar-based igaming consultancy Crucial Compliance. The partnership will focus on delivering custom-made data solutions for licensed igaming operators, allowing brands and subsidiaries to navigate multi-regulatory complexities and further optimise their operations and customer services servicing multiple jurisdictions. Recognised as a leading developer of compliance …
Read More »
Utilising effective KYC and player ID systems can help betting and gaming operators to increase the number of verified players, and ultimately drive revenues. That’s according to 1account, a company shortlisted in the Fraud and Compliance Solution of the Year category for the SBC Awards 2020 (Wednesday 9 December), having been recognised for its KYC and age verification solution. The …
Read More »
SBC News Voice of the Sports Betting Industry