Tag Archives: UKGC

David Clifton: Licensing Expert – Regulatory scrutiny sees White Labels lose their shine

The Gambling Commission has recently announced that it is reviewing the operating licences of (a) FSB Technology (UK) Limited (who voluntarily suspended activities on their Blackbet white label website) and (b) EveryMatrix Software Limited (in relation to which the Commission also suspended their ability to offer B2C remote betting and casino gaming, including pursuant to white label arrangements). Following on, as they …

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EveryMatrix picks beBettor to ease UKGC compliance concerns

compliance

Industry platform provider EveryMatrix has upheld a promise to strengthen its compliance processes and procedures by striking a new partnership with beBettor.  Just last week, EveryMatrix was hit with a UK Gambling Commission (UKGC) suspension of its B2C licences, which will stand until it can demonstrate that it has taken steps to be fully compliant with its social responsibility obligations. …

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UKGC fines Park Lane Club operator £1.8m for multiple AML & SR failings

The UK Gambling Commission (UKGC) has sanctioned of £1.8 million fine and licence warning to London casino operator Silverbond Enterprises Ltd in relation to social responsibility failures and money laundering violations. Silverbond is the operating company of the ‘Park Lane Club’ casino in Mayfair a property which the UKGC has placed under review since February 2016, under section 116 of …

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UKGC – ‘white label compliance cannot be transferred’

The UK Gambling Commission (UKGC) has issued a reminder to its remote operating licence holders regarding their obligations relating to compliance when operating gambling websites, including white labelled sites. The regulator has warned white label solutions providers that they hold the responsibility for the actions of their clients and that requirements on compliance – ‘cannot be transferred to any other …

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EveryMatrix “hopeful” of quick solution to UKGC suspension

UKGC

EveryMatrix is hopeful that a UK Gambling Commission (UKGC) suspension of its B2C services will be lifted shortly after cooperating with the regulator throughout its licence review. The company has published a statement addressing the ongoing UKGC investigation, which has led to a suspension of its B2C licences until it can demonstrate that it has taken steps to be fully compliant with …

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UKGC suspends EveryMatrix licence with immediate effect

The UK Gambling Commission (UKGC) has this afternoon confirmed the licence suspension of industry platform and systems supplier EveryMatrix Ltd, enforced with immediate effect. The UKGC undertakes its decision following a review of ‘compliance activity’ examining the technology incumbent’s ‘customer interaction frameworks’. In its update, the UKGC states that it has undertaken its suspension in-line with Section 18.2 of the …

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ID disruptor MIRACL delivers industry ‘binary proof’ solution – ‘MIRACL-Trust’

MIRACL, developer of specialist ID verification provisions for highly regulated markets has announced the launch of its purpose-built ‘MIRACL-Trust’, customer authentication solution for online gambling incumbents. The update sees MIRACL, who have developed multi-layered authentication solutions for financial services firms Credit Agricole and Experian, launch its first module for the online gambling sector – with the company detailing that it seeks …

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Friday evidence deadline for gambling’s social and economic Select Committee

Industry stakeholders are reminded that they have only one week to return submissions of evidence (deadline Friday 6 September) to the Select Committee researching the ‘social and economic impacts of the gambling industry’ on UK society. Announced this July, the House of Lords established a Select Committee seeking to gain ‘research insights and valuable facts’ on the UK gambling sector …

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ComeOn withdraws all brands from UK market

Issuing a short market statement, the leadership of European online gambling firm ComeOn has confirmed that it has withdrawn all active brands from the UK online gambling marketplace. Updating stakeholders, ComeOn Chief Executive Lahcene Merzoug confirms that the flagship ComeOn.com domain, along with subsidiaries mobilebet.com and getlucky.com will withdraw from the UK, choosing to ‘focus on more favourable markets. 2019 …

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FSB Tech facing UKGC review after Blackbet suspension

FSB

More scrutiny is being placed on the UK’s white label operation framework after the Gambling Commission revealed that it has initiated a review into FSB Technology over one of its licensees – Blackbet.co.uk. The UK Gambling Commission (UKGC) said it has instigated the review of FSB’s licence under section 116 of the Gambling Act, which authorises it to take such action if it: …

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