The UK Gambling Commission (UKGC) has announced the suspension of Goldchip Limited’s license as the regulator is moving in to review the company’s operations and its suitability to hold a license in the first place. UKGC is citing potential breaches of the Gambling Act review and argues that Goldchip Limited may have acted against the […]
The UK Gambling Commission has shown its resilience in ensuring the stability of the gambling industry in the country as it issued fines totaling around £675,000 ($836,535) to Progress Play and Jumpman Gaming. The Two Operators Breached AML and Social Responsibility Rules Progress Play’s fine is £175,718 ($219,438) while Jumpman Gaming’s fine is £500,000 ($624,405) […]
Camelot, the current operator of Britain’s National Lottery is concerned about losing the license bid to Allwyn. Devastated by its loss, the former company presented its case to the court, claiming that the United Kingdom’s Gambling Commission has been unfair. During one of the latest days of the trial, Camelot claimed that losing the lottery […]
The fight for Britain’s National Lottery license continues as competitors persistently dispute Allwyn’s victory. The UKGC plans to ask the court to speed up the process but some fear this will have negative consequences. The UKGC Wants to Waste no More Time Allwyn, formerly Sazka, is a Czech company that dethroned Camelot as the operator […]
The looming court battle between the UK Gambling Commission and Camelot over the fourth UK National Lottery selection bid will surely have its repercussions. The immediate fears are that the Gambling Commission would need to tap into good causes money in order to fend off the court challenge issued by the outgoing lottery operator, that […]
Details from new research, published by the UK Gambling Commission (UKGC), reveal that participation in gambling activities in the country is yet to reach the pre-pandemic levels. GC Releases Report about the Gambling Activities in the UK The survey was conducted by Yonder Consulting. The participants included adults aged 16 and over that are interviewed […]
The ICE World Regulatory Briefing has brought together some of the biggest watchdogs in the industry and among them, UK Gambling Commission chief executive Andrew Rhodes. During an address, Rhodes stressed the importance of cross-border regulatory moves to build an industry that is resilient to “big players” while calling for more decisive steps in the […]
A month has passed since Allwyn Entertainment has been awarded a license to operate the National Lottery, promising sweeping changes in the sector, and making sure that the lottery will be “resuscitated” and enjoy some significant advantages. Allwyn will reduce the minimum lottery ticket cost to £1 and add more games while ensuring better profitability […]
The United Kingdom Gambling Commission may have “misused” as much as £155 million ($195 million) from National Lottery ticket proceedings that were supposed to go to good causes, but were instead used internally by the regulator to face budget deficits and other extenuating circumstances. The news was revealed by The Mail on Sunday and the […]
BetVictor, the trade name of BV Gaming, has become the latest operator in the British gambling market to come under scrutiny and subsequent penalty by the UK Gambling Commission (UKGC). BV Gaming also owns Parimatch.com and Heart Bingo. The regulator has issued a £2 million ($2.68 million) penalty on BV Gaming in what the watchdog […]
