Gambling Commission CEO Sarah Harrison has warned the gambling industry that it cannot hide behind Anti-Money Laundering rules to delay paying out to its customers.
The previous reduction in gross gambling yield for the UK’s 147 casinos has been “dramatically reversed”, according to new data from the country’s regulator.
Sarah Harrison, chief executive of the UK Gambling Commission, outlines the regulator’s consumer-focused priorities for society lotteries across the country.
GamCrowd looks at the development of new technologies designed to facilitate the delivery of regulatory requirements, or regtech for short.
The first in the series of weekly features by GamCrowd's Managing Director, Chris North, who will be looking at how the industry approaches technology and what it is should be doing to keep ahead...
With only just over a third of the UK population now regarding gambling operators as trustworthy, the industry is facing a challenge to build back faith in its motivations.
The Association of British Bookmakers had their latest Annual General Meeting on Tuesday of this week. Alongside ABB pair Malcolm George and Paul Darling, guest speakers included the Gambling Commission and the MP for Maldon. The review, and the year gone by, were the main topics of discussion.
Gambling Commission CEO Sarah Harrison has told the industry that she has ‘grave concerns’ about the sign up bonuses offered by the industry and that the regulator is working with the Competition and Markets Authority to make sure everything is above board.
As the government prevaricates over its triennial review of stakes and prizes for gaming machines, the bookmakers and the arcade operators are in danger of engaging in open warfare.
A report by a group of British MPs has recommended that the maximum stake on the controversial Fixed Odds Betting Terminals (FOBTs) found in betting shops should be reduced from £100 to £2.