Gambling News - 'Ukgc'
Legal
January 10, 2024
Gamesys Hit With £6M Fine from the UK Gambling Commission
The gambling regulator in the UK, the Gambling Commission, is tasked with the regulation of such activities in the country. The Commission constantly monitors the market, ensuring licensees comply with the established regulations and the conditions of their license. Whenever breaches are uncovered, the regulator imposes penalties, and this is precisely the case with Gamesys […]
Industry
December 6, 2023
UK Gambling Commission Raises Terrorist Financing Risk to Medium
The UK Gambling Commission (UKGC) has adjusted its assessment of terrorist financing risks within the gambling industry, upgrading the risk level from low to medium. UK Gambling Commission Flags High ML/TF Risks in Specific Gaming Sectors The risk level upgrade stems from the latest Money Laundering (ML) and Terrorist Financing (TF) risk assessment released by […]
Industry
December 4, 2023
UK Gambling Commission Introduces Anonymous Reporting Service
The gambling regulator in the UK, the Gambling Commission, announced the launch of a new service that enables individuals to report criminal and suspicious activities online. Announced Monday, the new one-stop service enables users to submit an anonymous report. The service, the Commission said, is called “Tell us something in confidence,” and focuses primarily on […]
Legal
December 4, 2023
Richard Desmond Challenges UKGC’s Selection of Allwyn as The National Lottery Operator
The UK Gambling Commission’s (UKGC) decision to crown Allwyn as the successor of The National Lottery has once again been challenged. While Camelot retracted its claims and eventually joined Allwyn, another challenger has now appeared. The new dispute comes from Richard Desmond, a British businessman and media mogul. Desmond will seek damages from the UKGC […]
Industry
November 30, 2023
Jelly Secures New Licenses from the UKGC and MGA
Jelly Entertainment, an independent, industry-recognized real-money game developer, announced that its proprietary platform has secured regulatory approval in two new markets. According to the company, its business now boasts new licenses in the United Kingdom and Malta. The company noted that the United Kingdom’s Gambling Commission (UKGC) provided it with a game host license. In […]
Industry
November 23, 2023
UKGC: Collecting Robust Gambling Data Can Improve Regulations
Proper collection of data plays an important part in analyzing the gambling sector and determining adult gambling participation as well as problem gambling. The gambling regulator in the UK, the Gambling Commission, has an ongoing goal to improve the methodology for collecting data for the participation of adults in gambling activities across the country. Continuously […]
Industry
November 20, 2023
Government Responds as Support for Anti-Affordability Checks Petition Swells
Earlier this month, opponents of the UK government’s affordability checks plans launched a petition against the measure. Created by Nevin Truesdale, the petition wants the UK to abandon its current plans. However, the government is not willing to back down. The petition describes the affordability checks as “inappropriate and discriminatory.” Such intrusive measures, the petition […]
Industry
November 17, 2023
New UKGC Report Reveals a Decrease in Youth Gambling
The UK Gambling Commission (UKGC) recently unveiled its “Young People and Gambling Survey for 2023,” a comprehensive investigation into the gambling behaviors and experiences of individuals aged 11 to 17. Such statistics remain vital to assessing the effectiveness of existing youth gambling prevention measures and assisting lawmakers in making informed decisions. Concerted Efforts Delivered Positive […]
Industry
November 16, 2023
UKGC Announces Seven New Consultations as Part of Regulatory Review
The UK Gambling Commission (UKGC) is gearing up for a comprehensive review of gambling regulations, initiating seven new consultations with industry stakeholders. This measure aligns with the government’s ongoing efforts to refine its upcoming gambling White Paper, ensuring that this pivotal legislation can answer the ever-changing industry landscape in the digital age. Feedback Remains Instrumental […]
Industry
November 10, 2023
UKGC’s Rhodes Hopes for a Non-Adversarial Relationship with Operators
The United Kingdom Gambling Commission’s CEO Andrew Rhodes delivered a speech at November 8’s CEO Briefing, discussing the state of gambling in the UK, the challenges the regulator faces and outlining the commission’s desire to work with the industry and not against it. In the wake of the publication of the Gambling Act white […]