The Jersey Gambling Commission (JGC) has issued a damning condemnation of problem gambling treatment services on the island, also calling for an enhancement of enforcement measures. Breaking down market developments in its annual report, the regulator observed that the number of licensees during the 2020/21 financial year ‘remained steady’ despite a drop off in 2019/20, with the number of licenced …
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Football Index allows customers to withdraw account funds
The website for football player exchange platform Football Index has gone back online after months of inactivity, allowing the operator’s customers to withdraw previously inaccessible funds. BetIndex, Football Index’s parent company, had been involved in extensive deliberations with both its administrators Begbies Traynor and the High Court of England and Wales regarding the final date for the payout of dividends …
Read More »UKGC issues update on BetIndex administration as investigation continues
The UK Gambling Commission (UKGC) has released an update on the situation regarding BetIndex, the parent company of football trading exchange Football Index, which remains in administration. Explaining its stance, the regulator stated that it is the responsibility of BetIndex administrators and the courts to resolve the return of funds to customers affected by the collapse of Football Index. The …
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