Tag Archives: UK Gambling Commission (UKGC)

Flutter’s Ian Proctor outlines affordability approach

Ian Proctor, Chairman of Flutter Entertainment, the bookmaking holding company behind Paddy Power and Betfair, has released a statement concerning the ongoing review of the 2005 Gambling Act. In the statement, Proctor acknowledged that: “Gambling has gone through a technical transformation over the last 15 years, and the rules have not kept pace.” The main focus of Proctor’s statement concerned …

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Affordability checks could have ‘devastating impact on sport’ says MP

Affordability checks could have ‘devastating impact on sport’ says MP

Conservative MP Laurence Robertson has expressed concern to the UK Gambling Commission (UKGC) about the potential ‘devastating impact’ of enhanced affordability checks on UK racing. The new affordability checks are currently being discussed in a consultation which will close tonight [9 February]. If introduced, the new regulations could enforce affordability checks once a customer has experienced a net monthly loss …

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PWC report highlights consumer ease and indifference towards black market threats

PWC report highlights consumer ease and indifference towards black market threats

A report commissioned by the Betting and Gaming Council (BGC), with the support of William Hill and Entain Plc, has provided evidence of black market threats to the UK’s gambling industry. The BGC commissioned ‘Big 4’ auditor PWC to undertake the ‘evidence-backed primary research’ on black market threats to the UK gambling sector. Findings indicate that although the number of …

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BetBull and beBettor form social responsibility alliance

Mobile sportsbook and casino operator BetBull will cooperate with responsible gaming data firm beBettor on customer affordability. beBettor will provide the operator with affordability data using its APi services, enabling automated instant geo-affordability checks for the company’s UK customers. This will allow BetBull to better understand its customers and provide more tailored protection for each player. Furthermore, the affordability checks …

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UKGC confirms there is ‘no evidence of a sustained increase in gambling activity’

The UK Gambling Commission (UKGC) has published data delving into the potential impact thatCOVID-19 lockdowns have had on gambling activity. Data from the report has demonstrated that ‘there has not been a significant or sustained increase in gambling activity since the COVID-19 pandemic began’. Breaking down the statistics in a nationally representative sample of over 3,000 adults, six in 10 …

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HSBC announces extension of gambling block feature to 72 hours

HSBC UK has confirmed that the cooling off period for its gambling block feature has been extended from 24 hours to 72 hours. The announcement follows the UK Gambling Commission’s (UKGC) revelation that there has been a month-on-month increase of 29% in gross gambling yield (GGY) and a 7% increase in active accounts. Maxine Pritchard, Head of Financial Inclusion and …

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BGC highlights industry’s safety record in ‘A Safer Bet’ animation

The Betting and Gaming Council (BGC) has launched a new animation, ‘A Safer Bet,’ in which the gambling industry standards body highlights the UK industry’s safety record and economic contribution. In the video, the BGC argues that the UK’s gambling market is one of the safest in the world, and warns against overregulation by the government. In particular, the BGC …

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Gambling Commission criticises black market claims

The UK Gambling Commission (UKGC) has criticised claims from some betting operators of a thriving UK gambling black market, ahead of the upcoming review of the 2005 Gambling Act. According to a report earlier this month by data and analytics firm PwC, nearly 9 to10% of all gambling related searches online were for black market sites, and unregulated operators accounted …

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UKGC extends consultation on remote customer interaction

consultation

The UK Gambling Commission (UKGC) has extended the deadline on its consultation regarding remote customer interaction.  Launched on 3 November, the consultation sought to gain a wide range of opinions from industry stakeholders on ‘stronger requirements for online operators to identify consumers who may be at risk of gambling harm, and the preventative actions they should take’. A UKGC statement …

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