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Industry
August 25, 2023
UK Gambling Regulator Releases New Performance Report
The gambling regulator in the UK, the Gambling Commission, released its latest annual report, outlining details regarding its performance under the leadership of its chairman, Marcus Boyle, and CEO, Andrew Rhodes. The latest report, encompasses the 2022/2023 financial year and uncovers strategic operational activities, as well as statistics regarding the gambling sector in the country. […]
Sports
August 18, 2023
UKGC Explores the Connection between Major Sporting Events and Gambling Activity
The study sheds light on the gambling activity that unfolds during such high-profile events and their aftermath. Its findings will help the British regulator make better-informed decisions and remain in touch with the ever-changing global gaming landscape. Analyzing these interactions will help the commission enhance its regulatory measures and promote responsible gambling practices. Impressive Participation […]
Industry
August 14, 2023
UKGC Advises against the Misuse of Statistics for Furthering Arguments
The United Kingdom’s Gambling Commission (UKGC) scrutinized the misuse of statistics for furthering arguments and pushing agendas. While the British regulator supports all kinds of opinions on gambling, it slammed the misuse of statistics as “unacceptable.” The UKGC noted that it has seen all kinds of pro-gambling and anti-gambling bodies misuse statistics to present their […]
Legal
July 31, 2023
High Court Sides with UKGC in IGT’s Lawsuit for Damages
The globally recognized operator, Allwyn, secured a license for the National Lottery in the UK back in 2021. This came after a decision of the gambling regulator in the country, the UK Gambling Commission (UKGC), to award the license. However, that decision resulted in lawsuits against the regulator. Initially, International Game Technology (IGT), filed a […]
Industry
July 28, 2023
UK Gambling Commission Commits £32.8M to Support GambleAware
In a move to ensure a smooth transition from voluntary funding to a statutory levy, the UK Gambling Commission has pledged a staggering £32.8 million ($41.9 million) to harm prevention charity GambleAware. GambleAware Backs Proposed Statutory Levy for Funding Stability The concept of a statutory levy was introduced as a key proposal in the Gambling […]
Industry
July 27, 2023
UKGC Launches Consultations on Gambling Act Review Proposals
The gambling regulator in the UK, the Gambling Commission, announced the launch of consultations regarding the proposed changes following the review of the Gambling Act in the country. The consultations launched Wednesday and will run for 12 weeks. During that time, the Commission asks gambling operators, health experts, consumers and other groups involved in the […]
Industry
July 20, 2023
UKGC Acknowledges Cashout Issues as “Number One Topic” Raised by Bettors
While players’ ability to cash out funds from their accounts should never be impeded by operators, certain restrictions regarding deposits may be applied, said the United Kingdom Gambling Commission’s director of communications, Lucy Denton. While the commission is busy carrying talks with industry stakeholders regarding the recommendations issued by the Gambling Act review, it is […]
Legal
July 18, 2023
Betfred Fined Over Multiple AML and Social Responsibility Failures
The UK Gambling Commission (UKGC) has issued a £3.25 million ($4.25, current conversion rates) fine to Betfred following an investigation that uncovered a number of social responsibility and anti-money laundering (AML) violations. The commission noted that the failings in question occurred between January 2021 and December 2022. The UKGC listed Betfred’s shortcomings, noting that the […]
Legal
July 17, 2023
UK Gambling Commission Reviews 888 Holdings’ Operating Licence
The future of online betting group 888 Holdings, which owns William Hill, has been cast into uncertainty as its license to operate in the UK comes under review by the UK Gambling Commission (UKGC). Former GVC Executives’ Proposed Appointments Trigger Investigation into 888 The three individuals, Lee Feldman, Kenny Alexander, and Stephen Morana, had previously […]
Legal
July 13, 2023
Star Racing Limited Receives $776K Fine from the UKGC
The UK Gambling Commission (UKGC), the gambling regulator in the country, is tasked with monitoring the compliance of gambling licensees. The work of the commission includes not only monitoring but the implementation of penalties whenever breaches to the established regulations are observed. In addition to fines, the UKGC has the power to suspend or revoke […]
