Sports
July 7, 2022
Bet-at-home Has License Suspended Pending Review
Frankfurt-based sports betting operator bet-at-home is facing serious regulatory headwinds in the United Kingdom with the country’s gambling regulator suspending the company’s UK license. The UK Gambling Commission (UKGC) cited failings in the anti-money laundering practices and social responsibility, which have prompted the decision. Bet-at-home’s Active Operations Take Hiatus in the UK The UKGC confirmed […]
Legal
July 5, 2022
UKGC, DCMS Clash over National Strategy to Reduce Gambling Harms
During a recent meeting, the boss of the Digital, Culture, Media, and Sport Committee (DCMS) clashed with the UK Gambling Commission’s (UKGC) boss over claims for insufficient effectiveness and transparency. Allwyn’s License Win Brings Legal Challenges The meeting took place last week Thursday and consisted of a debate between DCMS’ chair, Julian Knight and UKGC’s […]
Industry
June 30, 2022
SportsBroker – Responsible But Still Unlicensed
SportsBroker, a virtual stock market for sports shares that “rise and fall based on team performance” continues to be operational in the UK, despite lacking a license, EGR reports. According to regulators, the company’s offerings do not constitute gambling. SportsBroker Is Yet to Receive a License SportsBroker is a company that introduces a novel form […]
Legal
June 30, 2022
Camelot to Continue Its Battle Against UKGC in October
Camelot, UK’s former National Lottery license holder, has vowed to go forth with its legal battle against the country’s regulator even though the UK High Court decided to lift the ban on the license transition and give it to Allwyn after Camelot held it for 28 years. The Case Is Set to Resume in October […]
Lottery
June 29, 2022
Court Allows UKGC to Name Allwyn as Lottery Operator
Great Britain’s High Court has revoked the suspension of Allwyn’s licensing as the next National Lottery operator. The UKGC recently chose the Czech company to inherit the position from Camelot, much to the latter’s dismay. High Court Allows the UKGC to Begin Licensing Process The High Court had barred the UKGC from officially licensing Allwyn […]
Legal
June 27, 2022
The UKGC Changes Its Licensing Processes
The United Kingdom’s Gambling Commission (UKGC) has announced that it will overhaul its licensing processes. According to the authority, the current dedicated account manager model is not efficient enough. The UKGC Will Reallocate Its Resources The UKGC explained that operators will no longer have individual points of contact. Instead, licensing will consist of four sub-groups, […]
Industry
June 21, 2022
UK’s Gambling Regulator Unveils New Guidance to Help Combat Problem Gambling
The UK Gambling Commission (UKGC) updated its new list of rules on high-risk gamblers. The updated operator guidelines will be officially introduced on September 12 this year as part of the regulator’s efforts to fight gambling addiction. The new measures complement the regulator’s previous instructions released in April. The UKGC Prescribed an Increased Focus on […]
Legal
June 14, 2022
UKGC Boss Tells Operators to Step Up Consumer Protection
During the Westminster Media Forum Gambling Regulation Conference on Monday, Andrew Rhodes, the CEO of the Gambling Commission, which is the gambling regulator in the UK, revealed details regarding the impact of gambling on society in the country. He spoke about key points related to the growth of the industry and urged operators to join […]
Business
June 7, 2022
Swifty Global Acquires UKGC-Suspended Operator Goldchip
Financial and sports betting technology solutions provider Swifty Global has confirmed its acquisition of Goldchip, a UK-focused betting firm that recently had its license revoked by the country’s regulator. The acquisition paves the way for Goldchip’s return to the market, as its new owner already possesses UK and Curacao gambling licenses. A Second Chance for […]
Industry
June 3, 2022
UK Gambling Commission Publishes New Research, “Path to Play”
The UK gambling commission recently released the result of its newest research regarding the betting habits of gamblers. The Path to Play examines the key milestones and stages which gamblers go through and shows how gambling experiences can differ for different people or in varying contexts. The survey included 937 people who had gambled within […]