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Gambling News - 'Ukgc'
Industry
November 9, 2020
GC: KYC and Affordability Checks Need Further Improvement
The gambling industry watchdog in the UK outlined further improvements for the areas of Know Your Customer (KYC) and affordability checks are needed, as current efforts from licensees continue to fall short of the regulator’s expectations. The British Gambling Commission (GC) released its annual Compliance and Enforcement Report, along with the first ever National Strategic […]

Legal
November 7, 2020
UKGC Urges Gambling Operators for Responsibility during Lockdown
The COVID-19 pandemic brought a new lockdown effective in England from this Thursday through December 2. Considering that casinos, as well as many other businesses, are now closed and a big part of the population will spend more time at home, the Gambling Commission asked the operators in the country to conduct online business responsibly. […]

Legal
November 5, 2020
UKGC Considers £100 Loss Limits, Calls on Stakeholders for Evidence
The UK Gambling Commission (UKGC) has asked for evidence from stakeholders whether a proposed £100 loss limit is justifiable. A Proposed £100 Loss Limit Sends Scares in the UK Market The UK Gambling Commission (UKGC) is flirting with a new idea that has sent chills down the spines of gambling firms. Will a potentially industry-ending […]

Legal
October 28, 2020
UKGC Adds New License Conditions in GAN, NetBet, and BGO Probes
The United Kingdom Gambling Commission has investigated BGO Entertainment Limited, GAN PLC and NetBet and found weaknesses in their social responsibility and AML procedures. Gaming Commission Wraps up Assessment of Three Brands’ SR and AML A UK Gambling Commission (UKGC) investigation into multiple brands in the United Kingdom, including BGO Entertainment Limited, GAN PLC and […]

Legal
October 22, 2020
UKGC Says Active Gamblers Declined by 7% in March-August
The UK Gambling Commission (UKGC) has published detailed consumer data analyzing gamblers’ behavior in the period between March and August, factoring the impact Covid-19 has had on gambling as a whole. UKGC Posts Consumer Behavior Data for March to August The United Kingdom Gambling Commission has revealed consumer data covering the period between March and […]

Industry
October 13, 2020
GC: Collaboration with Financial Sector to Reduce Gambling Harm
Neil McArthur, CEO of the UK Gambling Commission, requested the financial sector to do more to support the Commission’s efforts towards a safer gambling environment. The commission’s chief executive outlined the role the sector has in creating a “single customer view”, to facilitate detecting of problem gambling. Gambling Blocking Software the First Step Speaking at […]

Legal
September 29, 2020
UKGC and Facebook Enable Consumers to Limit Gambling Ads
Facebook and the UK Gambling Commission (UKGC) have teamed up to guarantee consumers are safe online and see fewer targeted gambling ads. Facebook and UKGC Unite to Reduce Gambling Ads Exposure The UK Gambling Commission (UKGC) has teamed up with Facebook and created new guidelines that would limit gambling-related advertisements showed to consumers. As per […]

Legal
September 26, 2020
BGC Releases New VIP Reward Program Standards with UKGC
Overhauling the gaming industry in the United Kingdom, the Betting and Gaming Council and UK Gambling Commission have released a new code of conduct for VIP Reward Programs. BGC and UKGC Release New Code of Conduct for VIP Programs The Betting and Gaming Council (BGC) has collaborated with the UK Gambling Commission (UKGC) on what […]

Business
September 18, 2020
UK Gambling Data Suggests Slow Recovery for the Industry
The UK Gambling Commission released data from its ongoing tracking of customer activities across all gambling verticals in the country. According to the latest figures, gambling revenue continued to decline in July, despite the return of the retail business. Retail Contribution Significant According to the data collected on all available betting products from the biggest […]

Industry
August 31, 2020
UKGC May Introduce Employee Job Redundancies
To save £1 million, the gambling regulator in the UK may introduce job redundancies. The UKGC has been previously criticized for its effectiveness because of underfunding. Job Cuts Planned by the UK Regulator The UK Gambling Commission may introduce employee redundancies, reported the Guardian last week. The regulator which currently has some 332 employees may […]
