Tag Archives: The UK Gambling Commission (UKGC)

UKGC warned over Football Index ‘pyramid scheme’ in January 2020

The UK Gambling Commission (UKGC) allegedly received a warning regarding betting exchange Football Index in January 2020, describing the website as a ‘dangerous pyramid scheme’. According to The Guardian, a document was sent to the UKGC, notably highlighted issues surrounding Football Index’s dividends, which it argued resembled the activities of a pyramid scheme. The report estimated that in January 2020, …

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Blueprint partners with PDC for latest iGaming launch

Slot developer Blueprint Gaming has partnered with the Professional Darts Corporation (PDC) to launch a new World Darts Championship themed title. The new release sees the slot supplier make its debut into the sports-themed category of online casino products, demonstrating a broadening of its portfolio.  Officially licensed from the PDC, the slot will feature famous darts players including newly-crowned world …

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Young and male — is the iGaming player stereotype true?

Young and male — is the iGaming player stereotype true?

When considering what makes a ‘typical bettor’, many often imagine a male aged between 18-35, but – according to Slotegrator – “there’s more and more reason to consider female gamblers and those in other age brackets as well”. A new guide published by the iGaming software provider highlighted the importance of operators having an in-depth knowledge of their customers – …

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White Hat Gaming strengthens social responsibility standards following UKGC investigation

White Hat Gaming strengthens social responsibility standards following UKGC investigation

The UK Gambling Commission (UKGC) has ordered White Hat Gaming to pay a £1.3 million regulatory settlement after an investigation identified ‘inadequate anti-money laundering and social responsibility procedures’. The operator’s payment has been made ‘in lieu of a financial penalty’ and will be directed towards delivering the National Strategy to Reduce Gambling Harms. In a statement, the UKGC stated that …

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UK Gambling Commission reports online growth amid tightening restrictions

Close up of online mobile betting

The UK Gambling Commission has reported significant growth in the online market, after releasing new figures for the period between the months of March and October. Statistics demonstrated how the COVID-19 pandemic has affected betting trends in Britain, encompassing both online and in-person gambling activity, with data provided by Licensed Betting Operators (LBOs) from Britain’s high streets. The online market …

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Neil McArthur: Finance industry has a key role to play in player protection

Neil McArthur, the chief executive of the UK Gambling Commission (UKGC), has urged the UK finance industry to join a ‘multi-sector collaborative approach’ to tackle gambling-related harms, stating that ‘there is always more that can be done’ to protect vulnerable customers. Building on the previous efforts to ban gambling with credit cards, the UKGC CEO addressed the ‘important role’ that …

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UKGC highlights concerns on increased machine interactions post-lockdown 

Tracking the performance of all licensed gambling verticals, the UK Gambling Commission (UKGC) has revealed that July saw a ‘slight month-on-month decrease’ in the amount spent by consumers on online gambling (including online slots).  The UKGC has published further data on gambling consumer habits and operator engagements registered across land-based and digital verticals for the period of May-to-July 2020. “Gambling …

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Gambling.com maintains momentum against COVID-19 impacts

Gambling.com Group has praised its ability to overcome the challenges posed by the global pandemic, reporting a ‘record performance’ during Q2 2020. Publishing its interim results for the period April – June 2020, Gambling.com declared revenues of €5.69 million, up from €4.42 million in Q2 2019, marking an 29% increase. Total revenue for the six months from January – June …

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Winning Post: A tale of three reports for UK betting

Industry strategic consultancy Regulus Partners gives an overview of last week’s Lords Select Committee report, and how casinos may have found a silver lining amid parliamentary rows over research, prevention and treatment of harmful gambling. UK: Regulation – peer review reveals path to redemption? This week was a tale of three reports for Britain’s gambling industry as in turn the …

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UKGC reaffirms commitment to making progress on tackling problem gambling

consultation

The UK Gambling Commission is considering ‘additional steps’ in protecting vulnerable gamblers, after the regulator was branded ‘toothless’ and in need of a ‘radical overhaul’. Issuing its response to a report published by the House of Commons Public Accounts Committee, the UKGC has reiterated its commitment to making ‘further and faster progress’ in tackling problem gambling. A spokesperson from the …

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