Camelot UK Lotteries Limited has accepted a £1.15 million penalty package for various shortcomings, including with the firm’s mobile app and the publishing of an incomplete list of raffle prizes following a Lotto draw. The Gambling Commission has ruled that as part of the company’s sanctioning, the sum of £1.15 million will be distributed to National Lottery good causes. The …
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Winning Post – Deals continue to be secured in the US market
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: post PASPA positioning – first mover advantage? It has been a very busy week of deal-making, launches and planning in the US, as well as the Q2 reporting season. The biggest …
Read More »Revamped levy system boosts British racing in 2017/18 report
Reforms implemented by the government to the levy system have generated positive returns for racing stakeholders, as the UK Department for Digital, Culture, Media & Sport (DCMS) published The Horserace Betting Levy Board (HBLB) annual report & accounts 2017-18. Coming into force in April of this year, the new levy forced all UK licensed bookies, whether that be land-based or …
Read More »GambleAware doubles annual spending to £16m
GambleAware has announced significant increases in its annual spending in tracking gambling related harms, as the industry charity releases its Strategic Delivery Plan for 2018-20. Spending £32m over the next two years, representing a double of its annual spending, the figure exceeds that agreed by the Gambling Commission and the Responsible Gambling Strategy Board, of a minimum £10m target in …
Read More »RGSB report attempts to highlight gambling-related harms
A new Responsible Gambling Strategy Board (RGSB) report has been published with the aim of gauging a greater understanding of the full range of harms gambling can have on society. Led by Dr Heather Wardle, and in collaboration with the Gambling Commission and GambleAware, the report examines how the social cost of gambling-related harms can be measured and better understood. …
Read More »UKGC maps out crucial industry lessons over rule 4 judgements
The UK Gambling Commission (UKGC) has emphasised that if lessons aren’t learnt from the way Ladbrokes handled the Tango Sky rule 4 case, then it will be forced to intervene and exercise its regulatory powers. Issuing a corporate statement, the UKGC outlined that Ladbrokes had been misleading around the case of Black Dave, which occurred in January 2015. When placing …
Read More »UKGC issues “call to action” in enforcement report
The UK Gambling Commission (UKGC) has today published an enforcement report, in light of action it has taken against operators in the past year. Just last week 32Red were ordered to pay a £2m penalty package, for failing to protect a consumer from gambling-related harm and money laundering failures, following similar such actions against LeoVegas (fined £600,000 for self exclusion …
Read More »Joe Jennings’ Richard Peett – Retail operations in an online jurisdiction
Now in its 57th year of operations Joe Jennings bookmakers, established in 1961 in Harlow, Essex, currently in its third generation, has grown to see its operations located across 15 betting offices. Operating in a smattering of locations across its home territory, its retail estate also stretches offshore to both Jersey and the Isle of Man, the latter of which …
Read More »UKGC statistics report that remote gambling remains resurgent
For the first time this year, The UK Gambling Commission (UKGC) has published its latest set of industry statistics, which aim to provide a snapshot of activity, market changes and trends across all gambling sectors. The statistics, which detail the period from October 2016 to November 2017, reveal that the overall gross gambling yield throughout that time increased 0.7% from the …
Read More »OPTIMA joins call for FOBTs transition period
OPTIMA CEO Jacob Lopez has echoed a call from GVC for the government to afford UK bookmakers a reasonable transition period to adapt their retail business models. Lopez was consulted by SBC on yesterday’s announcement, which saw the government reject advice from the Gambling Commission by cutting stakes on B2 Gaming Machines (FOBTs) from £100 to £2. To cover the …
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