Gambling News - 'Ukgc'
Industry
July 25, 2024
UKGC Recognizes GSGB as Baseline for Future Gambling Research
The UK Gambling Commission (UKGC), the gambling regulator in the country, announced today the publication of datasets and a new baseline for a better understanding of gambling behavior in Britain. Produced by the National Center for Social Research and the University of Glasgow, the first annual report of the Gambling Survey for Great Britain (GSGB) […]
Industry
July 15, 2024
UKGC Considered Allwyn’s Ties with Russia Irrelevant to the National Lottery Bidding
The United Kingdom’s Gambling Commission (UKGC) did not believe that Allwyn’s indirect ties to Russia were relevant to The National Lottery licensing process. Responding to a freedom of information request by gambling news outlet NEXT.io, the regulator released previously undisclosed details of the lottery giant’s approach to this issue. Allwyn’s parent company KKCG, for context, […]
Industry
July 10, 2024
UKGC Deputy CEO Highlights Regulatory Progress and Challenges
Sarah Gardner, deputy chief executive at the United Kingdom’s Gambling Commission (UKGC) addressed a number of issues at the recent KPMG Gibraltar eSummit. Coming ahead of the recent elections in the UK, Gardner’s speech reflected on certain matters that she believes regulators should keep in mind. In her speech, Gardner discussed, among other things, the […]
Industry
July 4, 2024
Quarterly Reporting Now Required by the UK Gambling Commission
The gambling regulator in the UK, the Gambling Commission (GC), announced the launch of a consultation on the Frequency of regulatory returns back in March this year. At the time, the regulator sought to implement changes to the gambling licensees’ conditions related to reporting, effectively proposing a new regime. Following the consultation, near the end […]
Industry
June 13, 2024
UKGC Reportedly Investigates MP Candidate over Political Betting
Craig Williams, a senior Rishi Sunak aide, is being investigated over a wager on the date of the upcoming general election. The man confirmed that he put a wager on the election and promised to cooperate with the probe. According to an earlier report, Williams, who is a prospective MP for Montgomeryshire & Glyndwr, placed […]
Legal
June 10, 2024
UKGC to Face Northern & Shell in Court in October 2025
Northern & Shell is set to face the UK Gambling Commission in court in October next year, according to a new update. The former company stands as the last challenger of the UKGC’s decision to select Allwyn as the new National Lottery operator. The British regulator’s decision was challenged by a variety of opponents, including […]
Industry
May 14, 2024
UKGC CEO Highlights Progress against Black-Market Operators
The UK Gambling Commission (UKGC) has made significant strides in combating illegal online gambling operations, highlighted in a recent speech by CEO Andrew Rhodes. The UKGC oversees an industry with a gross value exceeding £15 billion ($18.84 billion) and involving over 22.5 million adult participants. Despite its economic significance, the gambling sector faces ongoing challenges […]
Industry
May 13, 2024
UKGC Executive Emphasizes Importance of Constructive Industry Relations
Recently, the gambling regulator in the UK, the Gambling Commission, unveiled extensive changes in an effort to boost the safety of gamblers in the country. The described changes are in line with the ongoing efforts of the UK government for the overhaul of the gambling sector, initiated as a result of the review of the […]
Industry
May 1, 2024
UKGC Unveils Extensive Changes to Enhance Safety and Consumer Choice
The UK Gambling Commission (UKGC) has announced widespread changes to bolster safety measures and enhance consumer choice in the gambling sector. These changes, aligned with the government’s white paper on gambling reform for the digital age, will be implemented in four stages between August 2024 and February 2025. New Features Prioritize Gambling Harm Prevention Among […]
Industry
April 29, 2024
UKGC Cracks Down on FSB Technology for License Breaches
The UK Gambling Commission (UKGC) has imposed a financial penalty of £29,237 ($36,660) on FSB Technology for breaching various license conditions, including failures related to money laundering prevention, fair and transparent practices, and customer interaction. This action highlights the authority’s ongoing vigilance despite the UK’s regulatory uncertainty amidst the ongoing white paper consultations. The Penalty […]