Tag Archives: Gambling Commission

UKGC: Pent-up sports demand slows in August 

The UK Gambling Commission (UKGC) has published a further ‘market update’ tracking how COVID-19 has impacted gambling behaviours and participation across the UK.  Since March, the Commission has gathered data from licensed betting operators (retail and online) representing 80% of the UK gambling’s regulated marketplace. The UKGC has maintained that its market updates reflect how ‘gambling behaviours evolve as the …

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UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service 

The UK Gambling Commission (UKGC) has hailed the success of its revamped ‘online service’ which has helped licensed incumbents manage and maintain their compliance obligations.  The service, which was launched in November 2019, provided a digital hub for companies to manage all provisions related to their personal licence maintenance processes.  Since its launch, the UKGC revealed that it has drastically …

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Betway to pay record £11.6m after Gambling Commission finds VIP customer failings

After a Gambling Commission investigation, online gambling operator Betway has agreed to pay £11.6m, alongside implementing a package of measures, for a series of social responsibility and money laundering failings linked to dealings with seven of its high spending customers. The regulator said that in one instance, the operator had failed to carry out source of funds checks on a …

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Mr Green to pay £3m for failures in gambling harm and money laundering prevention

William Hill-owned online gaming brand Mr Green has been told to pay £3m to the National Strategy to Reduce Gambling Harms by the Gambling Commission after it found failures in the operator’s procedures for preventing harm and money laundering. The settlement agreement consists of a £3m payment in lieu of a financial penalty and Commission costs of £10,349.77. The Gambling Commission found that Mr Green: did not …

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Gambling-related harm APPG outlines 2020 strategy

The Gambling Related Harm All Party Parliamentary Group (GRH APPG) has outlined its 2020 strategy, as it continues to campaign for a reduction in gambling related harm. Carolyn Harris MP was re-elected as Chair of the Group. The Rt Hon Sir Iain Duncan Smith MP, Ronnie Cowan MP, Lord Foster and Sammy Wilson MP were also elected as Vice-Chairs of …

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Only GambleAware, GamCare and YGAM approved by UKGC for problem gambling funding

The Gambling Commission has published the list of approved organisations to which gambling companies are permitted to make social responsibility financial contributions in order to meet their licence conditions.  In an unexpectedly short list, only GambleAware, GamCare and YGAM (Young Gamers & Gamblers Education Trust) have been approved by the regulator, although other organisations are knocking on the door.  As …

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‘Systematic failings’ cost Ladbrokes Coral £5.9m

Ladbrokes

The Gambling Commission has found ‘systemic failings’ at the Ladbrokes Coral Group leading to the imposition of a penalty package consisting of £5.9m payment and a series of improvement measures that must be implemented by new owner GVC. The regulator has also revealed that more sanctions may be coming down the line as further investigations into the actions of Personal Management …

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Gambling Commission calls The Samaritans to bolster guidelines

The Gambling Commission is partnering up with The Samaritans in the battle against problem gambling after a fresh analysis of 2007 data shed light on its links with suicide.   The small scale research programme, published today by GambleAware and the Gambling Commission, was based on findings from the 2007 Adult Psychiatric Morbidity Survey (APMS) and indicated that one in five …

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Unibet UK operator makes £1.6m settlement with Gambling Commission

Copyright: gioiak2 / 123RF Stock Photo

The Gambling Commission has told the industry it needs to be seen to ‘step up on social responsibility’ after Platinum Gaming, which is licensed to operate Unibet.co.uk and uk.bingo.com, became the latest company to make expensive failures in its social responsibility and anti-money laundering procedures. Following a Gambling Commission investigation, the company has agreed to pay £1.6 million in a settlement with …

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Gamesys to pay £1.2m for social responsibility & AML failures

Online gambling operator Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations, the UK Gambling Commission (UKGC) has announced this morning. Gamesys operates the newly launched Virgin Bet, sports data site Live Score and a range of further igaming sites. The regulator launched an investigation into the operator’s processes after police investigations revealed …

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