Gambling News - 'Europe'
Casino
July 6, 2020
UKGC Report Shows Gambling Activity Going Up Slightly
A latest report by the UK Gambling Commission shows a slight increase in gambling activities. Revenue increase is also observed based on numbers from the most recent report. Updated UKGC Report Suggests Gambling Activity Increase The UK Gambling Commission released its latest report regarding gambling customer activity during the lockdown. According to the report, the […]
Industry
June 29, 2020
Committee: DCMS and GC Failed to Protect Consumers
The Public Accounts Committee which examines the value for money of Government projects, programs, and service delivery, published recently a report regarding its “Gambling regulation: problem gambling and protecting vulnerable people” ongoing inquiry. The Committee exposed the glaring deficiencies of the UK Gambling Commission (GC) and the Department for Digital, Culture, Media & Sport (DCMS) […]
Casino
June 12, 2020
Gambling in the UK Keeps Declining Says Latest GC Report
A report by the UK Gambling Commission compares the results of people interviewed in April and May 2020. Based on the report, a decline in the time spent gambling observed in the UK gambling industry. GC’s Survey Comparing April-May Results Marks a Decrease in Gambling Newly posted data by the UK Gambling Commission shows a […]
Legal
May 30, 2020
UK Gambling Commission: Player Protection Investigation Leads to Company Closure
The UK Gambling Commission has been using all of its delegated power to force gambling operators to comply with regulations regarding establishing a safer environment, dishing hefty fines to companies for failing to meet their obligations, accumulating nearly $60 million from 2014 to 2019 in penalties. VIP Status behind the Excessive Losses Yet, this fact […]
Legal
May 6, 2020
FSB Agreed to £634,300 Settlement with the Gambling Commission
The gambling industry in the UK received yet another warning from the Gambling Commission, this time that if they do not carefully manage third party operations they are responsible for, they will face regulatory action. And the warning, as it is the common case recently, did not come cheap to the perpetrator, FSB Technology, which […]
Legal
May 2, 2020
Denmark and the Netherland Rattle Regulatory Sabers
Increased interest in bingo activities in Denmark and the Netherlands has prompted regulators to issue a warning to parties hosting such activities. Increase in Unlicensed Bingo Games Observed in Denmark and the Netherland Amid Denmark’s lockdown, enforced as a measure against COVID-19, Spillemyndigheden, the Danish Gambling regulator, detected an increase in unlicensed bingo games. Similar […]
Legal
April 2, 2020
Caesars Agreed To £13M Regulatory Settlement For Systemic Failures
The UK Gambling Commission has announced that Caesars Entertainment accepted to pay a mammoth £13 million penalty for systemic failings with regards to social responsibility, money laundering and customer interaction. Three senior members of management have also lost their Personal Management Licenses /PML/ due to the failures that happened between 2016 and 2018. Putting Customer […]
Casino
March 21, 2020
KSA Shows Resolve To Uphold Gambling Rules And Dish Hefty Penalties
The Netherlands gaming sector, as much any other country’s one, has been impacted by the ongoing spread of the coronavirus /Covid-19/, as mitigation measures across the world imply the same approach of isolation, and land-based gaming facilities are on top of the list of non-essential businesses that face temporary closure. Online Gambling Ads Illegal Online […]
Lottery
March 13, 2020
UKGC: National Lottery Timetable Dates Indicative Only
A possible delay in the tender process that is about to select the operator for the UK National Lottery for 14 years, starting from 2023, has provoked concerns among potential bidders, claiming any delay favours the current operator. Two Months Less To Transfer Operations The timetable for the bidding process, a procurement-type questionnaire drafted by […]
Casino
February 14, 2020
Gambling Shares Drop Amid Mention of Potential £2 Limit on Online Games
Shares in gambling companies in the United Kingdom have come a-tumbling after the UK Gambling Commission’s chief executive, Neil McArthur, acknowledged that the Commission could take an interest in reviewing the maximum allowable bets on online slots, scaling them down to £2. Mr. McArthur spoke to a cross-parliamentary group of MPs (APPG) overseeing gambling and […]