Tag Archives: regulation

Equiom’s Peter Greenhill: ‘a very different player experience required in Asia’

SBC News Equiom's Peter Greenhill: 'a very different player experience required in Asia'

Peter Greenhill, recently recruited as Head of eBusiness by Equiom Group, explains how his new firm fits into the gaming eco-system and why it decided to become a sponsor of the Asian Spring Social, organised by AGBrief and SBC.  SBC: Hi Peter, great to catch up. As a gaming and eBusiness leadership veteran, what attracted you to join the Equiom Group …

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Time for bookmakers to wake up and smell the coffee on AML rules

SBC News Time for bookmakers to wake up and smell the coffee on AML rules

Licensing expert David Clifton, of gambling consultancy Clifton Davies, takes a look at the recent movement by the regulator to tighten up money-laundering processes and doesn’t see any good news for bookmakers. The recent publication on the Gambling Commission’s website of a public statement highlighting failures in Paddy Power’s anti-money laundering (AML) and social responsibility processes is the latest in what …

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Paddy Power pulled up for anti-money laundering failures

SBC News Paddy Power pulled up for anti-money laundering failures

Paddy Power has been pulled up for ‘serious failings’ in its anti-money laundering and social responsibility processes following a Gambling Commission investigation. The bookmaker has also agreed to contribute £280,000 to socially responsible causes after failing to keeping crime out of gambling and protect vulnerable people. The failings relate to the way Paddy Power handled relationships with two customers at …

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Isle of Man has strong approach to player protection

SBC News Isle of Man has strong approach to player protection

The Isle of Man has been hailed as a strong regulator when it comes to player protection laws. Speaking at the KPMG eGaming Summit Isle of Man, Annexio Managing Director Jennifer Houghton highlighted the regulations that help protect a player’s money as particularly successful. In a presentation on the ‘Multi-jurisdictional Licensing Process’, she commented: “One of the key strengths of …

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FanDuel hits back after being told to ‘cease & desist’ in New York State

SBC News FanDuel hits back after being told to 'cease & desist' in New York State

DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …

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Scottish councils given a nudge over their licensing functions

SBC News Scottish councils given a nudge over their licensing functions

The UK Gambling Commission has published an update to its advice note – The Role of Authorised Persons – Scotland – to communicate the regulator’s view on Authorised People to local councils and authorities north of the border. UKGC comments that authorised persons in Scotland – including police officers and officers of licensing authorities – have an important role to …

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Betting Gods’ Darren Moore: Should sports tipsters be regulated?

SBC News Betting Gods' Darren Moore: Should sports tipsters be regulated?

Is it time for sports tipsters to be regulated in order to weed out bad and fradulent practices? Darren Moore of tipster website BettingGods.com asks the question. We hear it again, that dire word regulation. Aren’t we trying to renegotiate the terms of our EU membership to reduce it? Is it not just more paperwork and bureaucracy slowing down economic …

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Glasgow self-exclusion pilot adds independent bookmakers

SBC News Glasgow self-exclusion pilot adds independent bookmakers

The Glasgow pilot scheme which gives someone who may be developing a problem with their gambling a one-stop facility to exclude themselves from all betting shop operators across the City is expanding from today, to include more shops and more operators. Launched in July with 36 participating shops across the five major betting shop operators the scheme will be expanded …

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EveryMatrix secures Irish betting licence

SBC News EveryMatrix secures Irish betting licence

Gaming solutions and platform provider EveryMatrix has secured a licence for Remote Bookmaking Betting Operations in Ireland. According to the legislation, EveryMatrix is now able to provide clients with software solutions that operate under this betting licence in the new regulated Ireland market. Following the passing of the Gambling (Amendment) Act 2015 on August 1st, the Irish authorities started regulating …

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