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Gambling News - 'Ukgc'
Legal
December 16, 2021
UKGC Fines Buzz Bingo $1M over AML, Social Responsibility Breaches
The UK Gambling Commission (UKGC) announced on Thursday that it took regulatory action against Buzz Group Ltd operating as Buzz Bingo. UK Gambling Regulator Slams Buzz Bingo with a $1M Fine Citing an investigation, the regulator claimed that the operator breached money laundering, as well as social responsibility rules. Thus, it imposed a £780,000 ($1,038,820) […]
Industry
December 9, 2021
UKGC Isn’t Happy with Operators’ AML and CTF Measures
The United Kingdom’s Gambling Commission has released its Compliance and Enforcement report for the year, revealing that it isn’t happy with operators’ lenient anti-money laundering and social responsibility measures. The UKGC Scrutinized Operators’ Lack of Effort The authority accused its licensees of placing their profits first and not being diligent enough in complying with the […]
Legal
December 2, 2021
GC Fines Greentube Alderney $911K over License Conditions Breaches
The Gambling Commission in the UK released the details of a new investigation on Thursday this week. The watchdog found that Greentube Alderney, a company that operates bellfruitcasino.com as well as admiralcasino.co.uk has breached the prevention of money laundering and social responsibility rules. GC Investigated Breaches by Greentube Alderney The investigation by the Gambling Commission […]
Industry
November 30, 2021
UKGC: Remote GGY Skyrockets to $9 Billion during 2020-2021
Gross Gambling Yield (GGY) for remote gambling activities such as casino, betting and bingo skyrocketed in the UK for the period between April 2020 and March 2021. The UK Gambling Commission (UKGC) has announced new figures that reveal that remote GGY in the country has hit $9.13 billion (£6.9 billion). This marked a significant increase […]
Industry
November 26, 2021
GC Reaffirms Commitment on Safer Gambling, Reducing Gambling Harm
Earlier this week, during the 2021 Bacta Annual Convention, the Gambling Commission’s deputy chief executive officer, Sarah Gardner, spoke about the gambling market and the progress which the commission has made recently. At the start of her speech, she acknowledged that the global COVID-19 pandemic in the last 19 months has brought difficulties for everyone. […]
Industry
November 22, 2021
United Kingdom’s Gambling Commission Proposes Changes to Its Policies
The Gambling Commission of the United Kingdom launched a consultation where it described upcoming changes in its policies. The proposed change of rules will affect compliance activities, regulatory enforcement, licensing and risk assessments. The Proposed Changes One of the envisioned changes seeks to speed up the enforcement process. Because transparency is important to the regulator, […]
Sports
November 5, 2021
GC Looks into Soccer Clubs with Site Links to Gambling Operators
Established in 2007, the UK Gambling Commission regulates, licenses, and guides businesses offering gambling services in the country. Moreover, the Commission ensures that all licensees follow the regulations in the UK. Now, the UKGC will reportedly launch an investigation regarding Premier League and Championship clubs that featured links to betting sites from their pages focused […]
Industry
November 3, 2021
More Flutter Trouble as Sky Vegas Targeted Gambling Addicts
Sky Vegas, a Flutter Entertainment-owned online gaming brand, landed in hot regulatory waters after several UK customers who had self-excluded themselves from gambling reported to have been targeted with free spin offers by the brand, an article in The Guardian reveals. Raising Concerns for Relapse Sky Vegas sent promotional messages offering 100 free spins as […]
Industry
November 2, 2021
UKGC Evaluates Credit Card Gambling Ban, More Research Coming
The UK Gambling Commission has provided an assessment in which it marked the success of imposing a blanket ban on credit cards used for the purposes of gambling. With the ban in place for over a year now, the regulator has been able to gauge its impact as well as assess whether some early-day fears […]
Business
October 27, 2021
APBGG Increases Stakes in UKGC Incompetency Claims
A UK government committee is coming down hard on the UK Gambling Commission (UKGC), but wants to come down even harder. The All-Party Parliamentary Betting & Gaming Group (APBGG) has alleged that the gaming regulator isn’t pulling its own weight, going so far as hinting at its incompetence. Now, the committee is extending its investigation […]