On the search for "UK+Gambling+Commission" we found the following results:
The Slovakian Ministry of Finance announced this week that the national parliament has passed new legislation that opens the online gambling market to foreign operators without the requirement for a Slovakian office presence with effect from March 1 next year. Operators will, however, be required to have a registered communications representative in-country to liaise with …
Online gambling again proved an important driver in revenue growth in the UK gambling industry, according to Gambling Commission statistics released this week which showcase an overall y-o-y rise in revenues of 4.2 percent to GBP 14.4 billion for the 12 months ended March 31, with a 37 percent contribution to growth from the online …
Thursday saw widespread print and electronic media reports in the UK claiming that major UK sports betting companies have agreed to a voluntary “whistle-to-whistle” ban on advertising during live sports broadcasts in an effort to address concerns around “normalising” gambling and its impact on children. The news was greeted by single digit declines in the …
The Slovak Republic’s Parliament has passed a new gambling act that will enable foreign operators to enter the market. 10-Year Licenses will come at a cost of Euro 3 million each for online betting and casino. Combined licensing will cost Euro 5 million for a five-year term and an option to renew. The newly established Office for Regulation …
The UK Gambling Commission has sent a strong message with the launch of widespread action against several online casino firms and their senior management as part of an ongoing investigation into how the industry combats problem gambling and money laundering. Almost GBP 14 million in penalty packages will be paid by three companies due to …
The dismantling of a major Vietnamese illegal online gambling ring involving senior police generals late last year (see previous reports) was re-visited in a Vietnamese court Friday when 92 defendants were convicted and sentenced to various terms of prison and fines after a three-week trial. Two senior police generals among the defendants attracted the most …
The UK Gambling Commission’s significantly tougher stance on responsible gambling behaviour from operators (see previous reports) could see more online gambling companies in its sights following a case this week in which a 36-year-old chief financial officer of a Norwich company admitted embezzling GBP 1 million to fund an out-of-control gambling problem. Steve Girling, a …
Gambling revenue in the Chinese territory of Macau rose 8.5 percent in November from a year earlier to 25 billion patacas (US$3.1 billion), according to figures from the regulator, Gaming Inspection and Coordination Bureau. The Reuters news agency reports that November marked the 28th consecutive monthly rise in revenues, and the fastest since August, despite …
This (Thursday) morning the UK Gambling Commission underlined its warnings to online casino licensees to ensure they are compliant with regulations by publishing details of further sanctions it has placed on two more operators, Videoslots and Casumo, following reviews of their operating licenses. In Casumo’s case the Commission imposed a hefty GBP 5.85 million penalty …
The land and online gambling industry in the Philippines was accused this week of making the country more “susceptible to money laundering, fraud, and other illegal activities,” in a fiery address by Senator Leila de Lima. Launching her Senate Resolution 953, which calls on government to review and reform land and online gambling, the Senator …
The debate over whether loot boxes in video games can be defined as betting continued in the United States this week with an undertaking by Federal Trade Commission chairman Joseph Simons to investigate the issue and present a report to Commissioners. Senator Maggie Hassan appears to be driving the debate, claiming that the use of …
The Australia and New Zealand Banking Group (ANZ) has unilaterally set itself up as a shield against problem gambling, imposing restrictions on the use of its credit cards in online gambling transactions. This week Shayne Elliot, the CEO of the bank, one of Australia’s largest, said that management has decided that its cardholders may not …
Wednesday’s meeting of the Pennsylvania Gaming Control Board saw more transactional waivers granted to gambling companies under the state’s more liberalised online gambling dispensation. During its public hearing, the PGCB granted the sports betting operator petitions of Rush Street Interactive and Sports Information Services, Limited (SIS). The former group is the in-house division for Rush …
Global growth in gambling in general is likely to decelerate next year due to threats posed by a slowdown of the Chinese economy, tougher European regulations and the tapering of recovery in Las Vegas, according to an independent study by Fitch Ratings. However, the company retains an optimistic long-term view based in part on China’s …
Malaysian National News Agency Bermana reports the detainment of seventeen Chinese nationals who are accused of facilitating an online gambling operation. Eleven men and six women, aged between 19 and 43 years-old, were arrested, City police chief Datuk Seri Mazlan Lazim said during a press conference Tuesday. Five modems, 65 smartphones and other gambling related …
eSports firm Luckbox and Esports Entertainment Group are leveraging gambling industry experience in their latest hires. Luckbox has appointed Frida Ericksson as director of operations leading the charge in responsible gambling, security, fraud prevention, verification, payments and customer support. Ericksson, whose career started with Betsson Group in Malta, is a certified anti-money-laundering specialist. She joins …
New financial analysis from gambling industry specialists Regulus Partners has estimated that the total spend by gambling companies on marketing has increased by 56 percent since 2014 and is now around GBP 1.5 billion…and the company says that most of the marketing activity is now focused online, with companies spending five times more online than …
Chinese workers taking online gambling jobs in the Philippines from the locals is once again creating heated debate in the nation following last week’s police action in Pasig City, which resulted in the detention of over a hundred individuals on online gambling charges, 87 of them Chinese nationals (see previous report). On Friday Sen. Joel …
Irish betting companies received a reprieve, albeit temporary, late Thursday when minister of finance Paschal Donohoe announced that the government’s plan to increase betting tax from 1 percent to 2 percent of turnover has been placed on hold pending a review of its impact. Our readers will recall recent protests particularly among independent bookmakers that …
The controversial new ITV television drama Cleaning Up takes as its central theme gambling and addiction as it follows the ill-starred progress of a City office cleaner and struggling mum of two (played by political drama star Sheridan Smith). Careless disposal of sensitive corporate information presents the lead character, a gambling-addicted office cleaner called Sam, …
The draft budget tabled in Macau’s Legislative Assembly Wednesday projects that gambling companies operating on the island will pay government gaming tax of MOP 91 billion (US$ 11.3 million) next year. Leong Vai Tac, the secretary for the Economy and Finance, told lawmakers that the gaming tax revenue represents an increase of MOP 10.5 billion …
Thursday saw no let-up in the online gambling raids by Philippines police officers focused on dismantling a internet gambling ring operating in Pasig City, according to local media reports. Police chief director Guillermo Eleazar, told local reporters that a raid was successfully mounted at 1 pm on Thursday with 104 individuals detained, 93 of whom …
A new report on gambling published Thursday has prompted the UK Gambling Commission to urge parents and the industry to strengthen the protection of minors. The 2018 Young People and Gambling report reveals that gambling participation by 11 to 16 year olds has increased in the past 12 months but remains lower compared to all …
Encouraging industry news from Brazil this week is that the Chamber of Deputies in the National Assembly has progressed Provisional Measure 846/18, which formalises plans for the distribution of revenue raised through the countrys national lottery Loterias Caixa (Lotex). The approval covers both land and online sports betting, setting a two-year window in which the …