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The Latest in ukgc
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 […]
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 […]