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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
October 30, 2020
EA Unconvinced by Court Ruling, Will Seek EU Judgement
The gambling regulator in the Netherlands re-issued a €5 million financial sanction to Electronic Arts (EA), alongside a “cease and desist” order for the company and its European subsidiaries. The Kansspelautoriteit (KSA) dished the penalty as part of its enforcement action against EA in 2019, arguing the video games developer had violated Dutch gambling laws, […]
Sports
October 24, 2020
Inspired Launches Its Virtual Basketball Game in Greece
The supplier of content, technology, hardware and services for the gaming industry Inspired Entertainment announced the launch of its virtual basketball game in Greece. V-Play Basketball is set to become the third channel of virtual sports, alongside V-Play Soccer 3.0 and Matchday, as it is already available across the entire OPAP retail estate of nearly […]
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 […]
Casino
September 23, 2020
BGC Blasts New COVID Restrictions as Damning for Casinos
The Betting and Gaming Council said that the additional COVID-19 restrictions which roll out tomorrow will be significantly harmful to the industry. Michael Dugher, BGC chief executive urged government officials for immediate financial help for the casino industry. England Rolls Out New COVID-19 Restrictions Tomorrow The Betting and Gaming Council (BGC) shared its concerns regarding […]
Blockchain
September 22, 2020
PayPal to Facilitate BitFlyer Crypto and FIAT Payments
One of the largest Japanese cryptocurrency exchanges, bitFlyer, has teamed up with PayPal to facilitate FIAT-to-crypto transactions for its European subsidiary. PayPal Joins BitFlyer to Facilitate FIAT-Crypto Transactions BitFlyer’s European subsidiary has integrated PayPal deposits to enable players to deposit into the cryptocurrency exchange with a familiar solution, the company reported in a press release. […]
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 […]
Industry
July 9, 2020
UKGC Calls for Changes on Online Slot Games Aiming at Safer Gambling
The Gambling Commission in the UK has launched a consultation regarding proposed changes for online slot games. With those changes the regulator is ultimately planning to reduce gambling-related harm. The GC Urges for Changes Making Online Slot Games Safer for Users July 9, the United Kingdom Gambling Commission (UKGC) started consultations regarding changes of the […]