Day: 14 November 2018

Theresa May Could Face 12 More Ministerial Aides Resignations If Government Does Not Reconsider FOBT Crackdown Delay

Wed 14 Nov 2018 12.30 Daniel Williams
Theresa May Could Face 12 More Ministerial Aides Resignations If Government Does Not Reconsider FOBT Crackdown Delay

The objections to the UK Government’s decision are getting more serious by the hour. Now, it became clear that Theresa May could lose twelve more ministerial aides after they have warned the Prime Minister they will resign in case she does not reconsider the delayed crackdown on notorious fixed-odds betting terminals (FOBTs). The controversy between anti-gambling campaigners and the proponents of the machines grew stronger after the Government announced its decision to put off the implementation of the new maximum stake of FOBTs until October 2019, and especially after Tracey…

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Daub Alderney Suffers Massive £7.1-Million UKGC Fine Due to AML and Customer Protection Failures

Wed 14 Nov 2018 8.10 Olivia Cole
Daub Alderney Suffers Massive £7.1-Million UKGC Fine Due to AML and Customer Protection Failures

The online gambling operator Daub Alderney has been hit by a massive fine imposed by the UK Gambling Commission (UKGC) due to failures to comply with the gambling regulatory body’s rules regarding money laundering prevention and customer protection. The Executive Director of the UKGC, Richard Watson, revealed that the probe which affected Daub Alderney came as part of a broader ongoing investigation into the online casino industry. Mr. Watson further explained that the operator’s standards did not match the Commission’s requirements in terms of customer protection and reflected the seriousness…

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