Tag Archives: UKGC

The UK Gambling Commission (UKGC) has today published an enforcement report, in light of action it has taken against operators in the past year. Just last week 32Red were ordered to pay a £2m penalty package, for failing to protect a consumer from gambling-related harm and money laundering failures, following similar such actions against LeoVegas (fined £600,000 for self exclusion …

Industry-independent watchdog The Senet Group has confirmed the appointment of Sarah Hanratty as new Chief Executive, replacing former incumbent George Kidd who announced his leadership departure last May. Hanratty who will take leadership on 6 August 2018, joins the Senet Group from UK alcohol standards association The Portman Group, where she most recently served as Deputy Chief Executive & Director …

Gambling harm research and education body The Responsible Gambling Strategy Board (RGSB) has published its UKGC commissioned study – ‘Gambling, children and young people: A case for action’. The study seeks to inform the UKGC and further government stakeholders on the UK’s ‘young persons’ (under the age 18) gambling trends, exposure and personal safety. Furthermore, the RGSB recommends its appropriate …

Following last May’s publication of the UKGC’s statistics on gambling trends, Virtual Sports sits third amongst bookmaker’s revenue channels. As industry technology providers seek to optimise data and in-play dynamics of Virtual Sports content, what now lies ahead for this once niche betting vertical…   ____________________ The spotlight rarely falls on virtual sports, one of the least talked about yet increasingly significant …

32Red has been handed a £2m penalty package by the UKGC, for failing to protect a consumer from gambling-related harm and money laundering failures. Focusing its investigation on dealings with a customer between November 2014 and April 2017, it’s detailed that the individual and the online gambling firm, acquired by Kindred Group in June 2017, established a business relationship from …

Virtually all national newspaper reports on last month’s UK Government review of gaming machines and social responsibility measures focused on the headline-grabbing decision to reduce the maximum stake on B2 gaming machines (FOBTs) from £100 to £2. Industry media was not slow to pick up an accompanying announcement on the DCMS website that said: “In order to cover any negative impact on the public …

The Times has this morning reported, that the UK government will delay its implementation of an industry-wide £2 FOBT machine stake reduction until April 2020, citing that the UK Treasury has struck a ‘backroom deal’ with betting leadership. Last May, UK Culture Secretary Matt Hancock confirmed the government’s decision to reduce FOBTs wagering levels to £2 limit, stating that the …

The structure of British Racing governance is set to be revamped, in order to meet the demands of distributing the new horseracing betting levy which is inbound for April 2019. Last week, the governances of the British Horseracing Authority (BHA), Horsemen’s Group and Racecourse Association moved to install a new Racing Authority which will oversee the management of racing’s upcoming levy …

Betway has moved to expand its corporate governance team, confirming the appointment of Roger Parkes as new Director of Compliance and Regulatory Affairs. Parkes has led Betway Group corporate compliance and licensing initiatives since 2015 and has previously served as Senior Sector lead for the UK Gambling Commission (2014-2015). The promotion will see Parkes join the Betway Limited board, which …

For the first time this year, The UK Gambling Commission (UKGC) has published its latest set of industry statistics, which aim to provide a snapshot of activity, market changes and trends across all gambling sectors. The statistics, which detail the period from October 2016 to November 2017, reveal that the overall gross gambling yield throughout that time increased 0.7% from the …