The UK Gambling Commission (UKGC) maintains its schedule for 2023, announcing that it will launch its first consultations on the implementation of the Gambling Act reforms this July. Tim Miller, the UKGC’s Executive Director on policy development, made the announcement writing a blog post on the Commission’s website. Miller confirmed that the Commission had completed its first deliverable providing its …
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Harris Hagan: Legal Eye… The Gambling Commission’s powers to come
The government has pledged to reorganise the UK Gambling Commission (UKGC) to become a more capable and intelligence-led regulator overseeing UK Gambling’s statutory remit and future challenges. David Whyte Senior Associate at Harris Hagan, provides his legal eye on which new or enhanced regulatory powers will be granted to the Commission and its impact on licensees adjustment to UK gambling’s …
Read More »ASA: Match Betting ads cannot imply a risk free promotion
The Advertising Standards Authority (ASA) has updated its guidance on promoting Match Betting services/offers to the general public. The guidance has been forwarded to the CAP Executive relating to non-broadcast advertising, with the watchdog underlining that its recommendations “do not constitute legal advice”. ASA defines matched betting as a technique where individuals bet on all outcomes of an event using …
Read More »UKGC launches test hub for White Label compliance
The UK Gambling Commission (UKGC) has launched a new ‘test hub’ to facilitate the responsibilities and duties of working with non-licensed entities. The hub is focused on providing information and guidance on the responsibilities of operators who choose to deal with ‘non-licensed entities’, including white-label partners. Located under the ‘Compliance’ tab, the hub defines the expectations and duties operators must …
Read More »Harris Hagan: Legal Eye…Managing the Great Expectations of the White Paper
UK Gambling faces a restless summer as the UKGC pledges to publish the first consultations of the White Paper on proposed gambling reforms. Harris Hagan examines how intended reforms will satisfy or disappoint the interests of diverse stakeholders interpreting the White Paper’s content that has become all things to everyone… ____________ As the dust settles (at least temporarily) following the …
Read More »Sarah Gardner: UKGC to place spotlight on White Label management
The UK Gambling Commission (UKGC) will initiate “two major projects to bolster the responsibilities of licensees in relation to third parties and white label arrangements” according to Deputy CEO Sarah Gardner during her address to the KPMG Gibraltar eSummit on 15 June 2023. The projects form part of the Commission’s working mandate to put into practice the recommendations of the …
Read More »Guardian ends gambling advertising on global network
Anna Bateson, Chief Executive of the Guardian Media Group, has declared that the news publisher will no longer accept any form of gambling advertising (except lotteries) across its media platforms. The decision was announced via an open editorial article written by Bateson, titled, “All bets are off: Why the Guardian has rejected gambling advertising.” Bateson cited that for a number …
Read More »UKGC allows Videoslots to pay £2m for repeat LCCP failings
The UK Gambling Commission (UKGC) has allowed the Malta-based online casino group, Videoslots Limited, to pay a £2m regulatory settlement for breaches in regulatory compliance. This settlement follows the UKGC’s investigation into Videoslots, which focused on the company’s failure to match its LCCP duties from October 2019 to February 2022. The operator was found to have failed to implement AML …
Read More »Gambling APPG launches inquiry of White Paper’s scope & remit
The Gambling Related Harm All-Party Parliamentary Group (APPG) has initiated an inquiry related to the Government’s White Paper on Gambling Reforms, titled ‘High Stakes: Gambling Reform for the Digital Age.’ The inquiry intends to assess whether measures outlined in the White Paper can be achieved and to make further recommendations to the government “during the White Paper’s consultation phase”. The …
Read More »FCA new marketing rules raise concerns on cooling crypto competition
The Financial Conduct Authority (FCA) has this morning published tough new rules on the marketing of cryptoassets, required to protect UK consumers by clarifying the risk of investing in digital assets. The new rules on marketing cryptoassets follow extensive FCA research provided to the Government for the consultation on the ‘Future Regulatory Regime for Cryptoassets’. From 8 October 2023, firms …
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