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The Latest in ukgc
Industry
April 16, 2024
UK to Raise Affordability Checks Thresholds, According to Rumors
The UK government is considering increasing the threshold for affordability checks, according to a report by NEXT.io. The news outlet discussed this with a person familiar with the matter who said that the government will announce an interim industry code featuring increased thresholds later this week. The affordability checks are a controversial measure outlined in […]
Industry
April 12, 2024
UKGC Enhances Understanding of Gambling-Related Harm with New Survey Questions
Laura Balla, head of research at the UK Gambling Commission (UKGC), recently discussed the organization’s efforts to improve understanding of gambling-related harm and vulnerability by developing new questions as part of the Gambling Survey for Great Britain (GSGB). The improvements will build on the success of the previous study, delivering improved data. Updated Questions Reflect […]
Industry
April 8, 2024
UK Gambling Commission Reveals Three-Year Corporate Strategy
The UK Gambling Commission published its new Corporate Strategy, outlining its plans for the next three years. In addition to vowing to continue its usual regulatory work, the authority made a series of commitments under several areas of strategic focus. These areas, according to the UKGC, include the use of data and analytics to improve […]
Industry
April 8, 2024
UKGC Investigates Gambling Company Alleged Exploitation of Cancer Patient
An investigation by the UK Gambling Commission is underway concerning the actions of high street slot machine operator Merkur, following allegations of exploiting a vulnerable customer. This development has cast a shadow over the company’s expansion drive in the UK. Merkur Under Investigation After Vulnerable Customer Suffers Significant Losses at Stockport branch Merkur, a German-owned […]
Industry
April 4, 2024
UKGC Hits bet365 with $740K Fine over AML, Social Responsibility Breaches
The UK gambling regulator, the Gambling Commission (UKGC), announced that bet365 was the latest operator hit with a settlement due to regulatory breaches. On Thursday, the gambling regulator confirmed that the leading betting and gaming company is subject to a £582,120 ($737,234) monetary sanction. The hefty settlement comes after the Commission uncovered social responsibility failures […]
Industry
March 27, 2024
UKGC Mandates Quarterly Regulatory Returns from License Holders
The UK Gambling Commission (UKGC) has announced a significant amendment to license condition 15.3.1, mandating that all license holders submit regulatory returns quarterly. This decision follows the UKGC’s Autumn 2023 Consultation on proposed Licence Conditions and Codes of Practice (LCCP) changes and represents a positive step towards improved gambling harm prevention. A Quarterly Approach Has […]
Industry
March 18, 2024
UKGC Named One of Britain’s Best Workplaces for 2024
The UK Gambling Commission (UKGC) has once again been named as one of the United Kingdom’s best employers by Great Place to Work. The global authority on workplace culture continues to recognize the regulator’s efforts to nurture equity and create healthy workplace experiences for its employees. As announced by the UKGC, Great Place to Work […]
Legal
March 15, 2024
UK Government Investigates Ties between Allwyn and Kremlin-Owned Banks
Allwyn, the company behind the UK’s largest public-sector contract, allegedly borrowed millions from Russia’s two largest lenders, VTB and Sberbank, according to a revelation by The Guardian. While the company did not violate sanctions, this newest controversy raises concerns regarding the gambling sector’s transparency and may undermine the UKGC’s position. Allwyn Claims It Complied with […]
Industry
March 12, 2024
NatCen to Develop a Monitoring and Evaluation Plan for the Gambling Act Review
The National Centre for Social Research (NatCen) announced that it has been commissioned by the Department for Culture, Media & Sport (DCMS) and the Gambling Commission (UKGC) to develop a Monitoring and Evaluation Plan for the Gambling Act Review. This project will see NatCen probe into the ongoing reforms to see how effective the review […]
Industry
March 11, 2024
UKGC Adds Nine Members to Its Industry Forum
The UK Gambling Commission (UKGC) has unveiled new additions to its Industry Forum. Announced in 2023, the forum will be made up of members of the gambling sector who will advise the regulator and provide it with important industry insights. In addition to Nick Rust, who was announced as chairman of the Industry Forum in […]