The UK’s Competition and Markets Authority (CMA) announced earlier this week that it had launched an investigation into the merger between Swedish based Netent and popular live dealer casino developer Evolution Gaming. The CMA is the UK’s regulator for market competition. The CMA’s investigation will look to establish whether the merger would negatively impact the...
The UK Betting and Gaming Council (BGC) released a statement that confirmed that the ban on gambling ads from “whistle to whistle” was a success. The BGC pointed out that there has been a significant reduction in underage individuals being exposed to gambling ads since the ban’s introduction in August 2019. The ban imposes a...
The UK Gambling Commission (GC) has officially launched the tendering process for a new National Lottery License, which will be the regulator’s fourth lottery license. The license will come with new terms and conditions. The process will commence with bidders’ formal registration of their interest. Bidders approved by the GC will receive an Invitation to...
The UK Gambling Commission (UKGC) has officially repealed its license suspension of Matchbook, an online sportsbook after the firm’s owner, Triplebet, completed the regulator’s suggested remedial measures. Matchbook’s license was suspended in February 2020, after the UKGC determined that the firm failed to abide by Section 116 of the UK Gambling Act. The UKGC disclosed...
Think tank Social Market Foundation (SMF) announced the release of a framework for new gambling regulations in the UK. Notable recommendations include larger taxes on gambling firms that operate offshore, a spending cap of £100 a month to prevent financial harms, and an independent gambling ombudsman that can investigate affordability checks for punters who want...
The Camelot Group which operates the National Lottery in the United Kingdom (UK) is facing a lot of pressure after it was revealed that 16 and 17 year olds spent nearly £47 million on their lottery games during the period of 2017 to 2018. Camelot was accused of allowing children to purchase National Lottery products...
A new study revealed that a number of practices used by video game developers such as social casino spending and token wagering to engage players significantly increase their chances of them becoming problem gamblers later on in life. Dr. David Zendle, a professor in Computer Science from the University of York, noted that potential precursors...
Scotland has close to 900 sportsbooks which employ roughly 4,500 people. Sports betting operators have called for the government to ease restrictions preventing them from recouping losses incurred during the lockdowns enacted in mid-March. The bookmakers claim that the current rules prohibit them from making a profit, which may jeopardize the future of their industry....
The House of Commons’ Public Accounts Committee (PAC) released a scathing report on the performance of the UK Gambling Commission (GC) on regulating the gambling industry, labeling the regulatory body as toothless. The PAC’s mandate is to monitor government spending. Their report “Gambling regulation: problem gambling and protecting vulnerable people“, released on June 28, stated...
The UK is slowly getting back to normal one step at a time and UK punters are eager to get back to betting on their favorite sports – with the Premier League being the biggest attraction. Brits are known for placing heavy bets on a regular basis on their favourite football teams but have been...