Amid fast-changing COVID-19 developments, the UK Gambling Commission (UKGC) has detailed that it will maintain its fourth National Lottery competition timeline. International and domestic suitors had detailed concerns that the National Lottery tender would be delayed or postponed by the Commission in view of UK COVID-19 disruptions. Issuing a statement to SBC, the Gambling Commission said: “We are carefully monitoring …
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UK gambling trade body, the Betting and Gaming Council (BGC), has welcomed Chancellor Rishi Sunak’s economic package, which provides struggling businesses with access to a £330 billion government-backed fund providing loans to overcome COVID-19 disruptions. Yesterday afternoon, Sunak pledged that the UK Treasury would ‘do whatever it takes’, providing a total of £350 billion in economic support to help UK …
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Rishi Sunak, Chancellor of the Exchequer, has declared that the UK government will take a ‘wartime approach’ to safeguard the UK economy and businesses of all sizes with a package of new measures. Flanked by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP), helping the UK economy …
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Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub navigating Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, industry …
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Regulus Partners analyses the events of what could become a defining week for UK gambling, as an under-pressure Gambling Commission commits to a review of stakes and prizes, whilst the conservative government appoints its eighth DCMS leader. _______________________ When the story of the prohibition of gambling in Great Britain comes to be written, this week’s events in Parliament may well …
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Foreign and domestic bidding parties seeking to compete in the UK Gambling Commission (UKGC) 2020 National Lottery tender have been frustrated following news reports of likely delays. This week, the Financial Times reported that the UKGC had not issued its ‘procurement questionnaire’ to bidding parties, a key tender procedure which was meant to be sanctioned at the start of February. …
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As I write this, we are just two weeks into the new year – or indeed the new decade, as some would have us believe. Either way, what a start it’s been for the UK gambling industry! We ended 2019 with confirmation that the newly elected Conservative Party government intends to act speedily to fulfil its General Election manifesto promise …
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Reshuffling his senior cabinet, Prime Minister Boris Johnson has surprised political observers by maintaining Nicky Morgan as the Secretary of the Department for Digital, Culture, Media & Sports (DCMS), despite Morgan having officially stood down as an MP. The merry-go-round of DCMS leadership appointments seemed certain to continue, as Morgan confirmed that she would not contest her Loughborough seat at …
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For the first time that I can recall, all four major UK political parties have featured gambling reform within their respective General Election manifestos. As a result, it’s clear that, regardless of the outcome of Thursday’s voting, the industry’s regulatory landscape will experience some fundamental change in the not too distant future. Online is the clearly declared focus but the …
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Just one day of campaign shenanigans remains as the UK electorate heads for General Election 2019 polls on Thursday 12 December. How confident are bookmakers of their market readings, as polls and punters anticipate a Conservative majority outcome, or will Britain be hung out to dry on its Brexit election… SBC gets the bookies lowdown.! _______________ SBC: Entering the final …
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