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Gambling News - 'Ukgc'
Business
October 31, 2024
UKGC Reports 11% GGY Boost Amid Record High Slot Revenue
The latest market overview published by the UK Gambling Commission has reported a gross gambling yield (GGY) of £1.32 billion ($1.71 billion) in the three months to 30 September. The increase was primarily triggered by a recorded 16% uptick in online slot activity among UK gamblers, which propelled slot revenue to a record high. Over […]
Industry
October 25, 2024
MGA and UKGC Formalize MoU to Address Black Market, Other Issues
The Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC) have formalized their Memorandum of Understanding which will see the two watchdogs collaborate on a range of issues, including addressing the black market. UKGC and MGA to Prioritize Intelligence Sharing The UKGC has recently launched a new methodology meant to help it properly assess […]
Industry
October 22, 2024
UKGC Reiterates Plan to Fight Unlicensed Gambling
This week the Gambling Commission (GC), the gambling regulator in the UK, confirmed it initiated the first comprehensive study of the black market in the country. The key effort seeks to deliver invaluable insights regarding the unlicensed sector which can in turn help improve the regulations in the country. In light of the study launch, […]
Industry
October 21, 2024
UKGC Initiates First Comprehensive Study of the UK Black Market
Last month, we reported on a study by Frontier Economics, commissioned by the Betting and Gaming Council, that revealed a whopping 1.5 million Britons were wagering up to £4.3 billion ($5.6 billion) every year with black market operators. The report, which was the pioneering high-profile investigation into the UK black market since the government’s much-anticipated […]
Legal
October 4, 2024
Sorare Stands Its Ground in the Face of UKGC Accusations
Sorare, the fantasy sports platform known for its partnerships with renowned soccer leagues like the Premier League, has pleaded not guilty to accusations from the UK Gambling Commission (UKGC) of offering illegal gambling services. The French-based company, which allows users to collect and trade digital cards featuring professional sportspeople, entered its plea at Birmingham Magistrates’ […]
Industry
October 2, 2024
UKGC Unveils Two Appointments to Its Advisory Board for Safer Gambling
The UK Gambling Commission (UKGC) unveiled two new appointments to its Advisory Board for Safer Gambling (ABSG). The ones joining the board at this time are the experienced Dr Vivre Marionneau and Dr Spencer Murch. The Two Experts Will Empower the ABSG The two new appointees are set to underpin the ABSG’s responsible gambling efforts […]
Legal
September 26, 2024
UKGC Takes Sorare to Court for Illegal Gambling
The United Kingdom’s Gambling Commission announced that it is taking the soccer-themed website Sorare.com to court. The company, which partners with the English Premier League, has been charged with the provision of “unlicensed gambling facilities to consumers in Britain.” Sorare Under Regulatory Scrutiny Sorare, for context, offers a crypto-based fantasy sports game. It was developed […]
Industry
September 12, 2024
UKGC Posts Gambling Participation Data for January-April
The UK Gambling Commission (UKGC) has published its latest Gambling Survey for Great Britain (GSGB) statistics, outlining customers’ participation in gambling between January 2024 and April 2024. The report is based on the responses of 5,191 Brits from across the country. The Figures Remained Mostly Stable Among other key findings, the UKGC learned that the […]
Industry
August 28, 2024
UKGC Reaffirms Commitment to Consumers in Affordability Checks Pilot
The UK Gambling Commission (UKGC) has reaffirmed its commitment to consumer protection by launching a pilot program designed to assess the effectiveness of affordability checks, one of the cornerstones of the government’s recent gambling reforms. In an August 27 blog post, Helen Rhodes, director of major policy projects and evaluation at the UKGC, outlined the […]
Legal
August 26, 2024
Met Police Ends Probe into UK Gambling Scandal, UKGC’s Investigation Continues
The UK Metropolitan Police has concluded its probe into the general election, arguing that the offenses did not constitute misconduct in public office. In the meantime, the UK Gambling Commission’s (UKGC) investigation continues. The Mets Will No Longer Investigate the Matter On Friday, the police said that it had ended its investigation as the offenses […]