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Industry
January 31, 2021
Higher License Fees to Help Gambling Commission Address Modern Challenges
British annual remote license fees may increase by 55% in an effort to provide the Gambling Commission with funding to regulate the rapidly expanding industry and tackle the rising unlicensed market. The Commission Would Need £2.5M to Tackle All Challenges by 2023/2024 The Department for Digital, Culture, Media & Sport (DCMS) has launched an open […]
Legal
January 25, 2021
The Horseracing Betting Forum Opposes Affordability Checks
A proposal for affordability checks may put off millions of punters away from betting on horse racing, a written submission from the Horseracing Bettors Forum (HBF) is set to warn the Gambling Commission (GC) in the UK this week. Statement Ready to Be Submitted The HBF, which represents the interest of bettors on British racing […]
Industry
January 18, 2021
UKGC’s Proposed Gambling Law Reform Faces Controversy
UKGC’s proposed amendment of Great Britain’s Gambling Law faces controversy, as it would be a “significant invasion of personal freedom,” critics say. “Invasion of Personal Freedom” The focus of the British lawmakers to reform Great Britain’s gaming laws faces controversy in the country, opened to debate by an anonymous letter recently sent to the British […]
Industry
January 18, 2021
UK Gambling Operators Criticized for Overstating Black Market Threat
The UK regulatory body said a recent report from PwC exaggerated the size of the unlicensed gambling market in a bid to soften the upcoming changes in the gambling law. Gambling Operators in an Attempt to Prevent Tighter Regulations The UK Gambling Commission (UKGC) has criticised some gambling companies for preparing a “dodgy” report about […]
Industry
January 9, 2021
UKGC Looking to Improve Research Methodology On Gambling Behaviour
The UK Gambling Commission is looking for feedback and guidance on improving its research methodology on gambling behavior and addiction. UKGC Adjusts Research Methodology The UK Gambling Commission (UKGC) is looking to adjust and refine its research methodology on gambling and gambling addiction. To that end, the UKGC has launched a consultation for feedback and […]
Industry
December 19, 2020
Online Market on the Rise Amid Covid-19 Restrictions, the UK Gambling Commission Reports
Figures from the UK Gambling Commission for October show the impact of renewed tightening of Covid-19 restrictions on online and Licenced Betting Operator (LBO) gambling behavior. Real Event Betting Prompts the Rise of the Online Industry Data from the UK Gambling Commission for the period between March and October shows that the online market has […]
Legal
December 16, 2020
Does Iain Smith Want to Ban the UK Gambling Commission?
In a recent publication, conservative MP Iain Smith proposed the UK Gambling Commission be replaced with an independent regulatory body that monitors the industry. Furthermore, in light of the ongoing review by the Government of the Gambling Act, Smith urged for bold actions. Can an Independent Regulatory Body Replace the UKGC? UK MP Iain Duncan […]
Industry
December 4, 2020
Gambling Review in the UK Starts on Monday, December 7
The United Kingdom will begin its Gambling Act review on Monday, December 7 in what is the broadest regulatory move the gambling industry on the island has seen since 2005. Gambling Act Review Begins on Monday The long-anticipated review of the Gambling Act will launch this coming week and it will put up several important […]
Industry
December 1, 2020
UKGC Statistics Report Showed 8.1% Rise in Online Gambling
The UK Gambling Commission (GC) published its bi-annual gambling industry statistics report showing growth in online gambling. The remote sector with its £5.7 billion in gross gaming yield (GGY) represented 39.9% of the total £14.2 billion generated by the industry during the reported period of April 2019 to March 2020. The overview report in terms […]
Industry
December 1, 2020
Guardian: Punters Bet £700m Less on Gambling Since FOBTs Changes
Provisional data by the UK Gambling Commission has revealed that punters wagered £700 million between April 2019 and March 2020. Yet, the Betting and Gaming Council believes the industry impact has been much bigger than reported. FOBTs Numbers Don’t Drop as Badly, Says The Guardian A new article published in The Guardian argues that punters […]