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Industry
February 24, 2023
UKGC Reports 2% Drop in GGY and 8% Rise in Total Bets for Q3
The UK Gambling Commission’s (UKGC) fresh data showcases the way players’ overall gambling behavior has been influenced by the environmental changes taking place in Great Britain. The UKGC data has been carefully sourced and collected from important operators in the industry. However, the report is not a comprehensive one, which means the commission has not […]
Industry
February 21, 2023
UKGC Will Not Impose Mandatory Checks, Operators Will
As all gambling industry eyes are on the upcoming White Paper, operators in the UK will most likely have to implement affordability checks for their customers, despite UK Gambling Commission (UKGC)’s CEO Andrew Rhodes claiming otherwise. Mandatory or Not, They Are Coming Rhodes, who took the reins at the country’s gambling regulator last year, spoke […]
Legal
February 13, 2023
UKGC Vows to Strike Balance in Introduction of Affordability Checks
The topic of how these checks have affected gamblers and the industry overall has been making headlines for weeks now. There were many stories where punters were being required to submit personal financial information, and some were so reluctant, they claim they’d rather turn to the black market. Confusion Around Affordability Checks Andrew Rhodes is […]
Industry
February 10, 2023
Safer Gambling Will Define the Gambling Landscape in the UK
Gambling in the UK most likely has “settled into a new normal” according to Gambling Commission’s chief executive officer Andrew Rhodes who delivered a keynote speech at ICE London 2023. Every Player Matters Speaking in the Consumer Protection Zone of ICE London, Rhodes outlined the near-term perspectives of the gambling market in the UK within […]
Industry
February 7, 2023
UKGC Boss Supports the Preservation of Fair Gambling Standards
The executive director held his speech during the ICE World Regulatory Briefing. Miller took the opportunity to issue a warning regarding the existence of illegal betting options while emphasizing the need to protect Britain’s regulated gambling market. “Gambling Today Is in Many Ways a Global Tech Industry” Miller, who is responsible for research and statistics, […]
Legal
January 25, 2023
UKGC Slaps In Touch with a $7.5M Fine over AML Breaches
The United Kingdom’s Gambling Commission (UKGC) has slapped In Touch Games with a huge fine after the operator failed to comply with the local social responsibility and anti-money laundering (AML) regulations. In Touch Games, which operates several online gambling websites, failed a compliance assessment in March 2022, the UKGC pointed out. According to the commission, […]
Lottery
January 24, 2023
Allwyn Secures Approval from UKGC for Camelot Takeover
The announcement came Monday and marks a major step ahead in Allwyn’s acquisition of Camelot from the Ontario Teachers’ Pension Plan Board. The plan for the takeover was announced after a legal battle between the duo lasted for several months. Ultimately, Allwyn, as the winner of the fourth National Lottery license, agreed to acquire Camelot […]
Legal
January 18, 2023
UKGC Hits TonyBet with $550K Fine over Various Breaches
The fine was announced Wednesday and sees TonyBet, which operates tonybet.co.uk, receive a £442,750 ($547,300) financial penalty from the gambling regulator. In addition to the financial penalty that the operator would need to pay, the Commission issued a warning. Gambling Commission Uncovers AML Deficiencies The gambling watchdog pointed out that TonyBet did not conduct an […]
Legal
January 17, 2023
Vbet Agrees £338K Settlement with UKGC over License Breaches
The £337,631 ($414,300) regulatory settlement comes after the Commission uncovered breaches related to safer gambling and anti-money laundering rules. UK Gambling Regulator Probes into Vbet The gambling watchdog reminded that all licensed operators in the UK need to comply with the Gambling Act 2005, the main gambling law that is currently under review by the […]
Legal
January 5, 2023
IGT Sues UK Gambling Commission Over National Lottery License
IGT is the Italian-based partner of Camelot, the license holder for the UK National Lottery until 2024, which last year lost the bid for the fourth license to Allwyn. After Camelot IGT Challenges the Regulator’s Decision The Times reported that the legal battle over the UK Gambling Commission’s decision to award the fourth National Lottery […]
