House of Commons Committee Calls for British Children to Be Fully Banned from Accessing Loot Boxes

House of Commons Committee Calls for British Children to Be Fully Banned from Accessing Loot Boxes

Some Members of Parliament have once again called for the UK gambling industry’s trade body to address in-game spending and fully suspend children from accessing so-called loot boxes. According to MPs, British gambling legislation should regulate in-game spending. The trade body which regulates the industry has responded to the calls, saying that it takes them very seriously and would review the MPs’ recommendations. According to some campaigners, free video games often encourage customers to purchase so-called loot boxes, which they claim are a type of gambling. Moreover, some online games…

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UKGC Issues Licence Warning and Imposes £1.8-Million Fine on Silverbond Enterprises for Money Laundering and Social Responsibility Failures

UKGC Issues Licence Warning and Imposes £1.8-Million Fine on Silverbond Enterprises for Money Laundering and Social Responsibility Failures

The UK Gambling Commission (UKGC) has imposed a licence warning and some additional licence conditions, as well as a monetary fine of £1.8 million to Park Lane Club for social responsibility and money laundering failures. Two personal management licence holders at the casino venue have also been issued formal warnings and were also warned that they need to improve their record on money-laundering prevention and player protection. An investigation which the gambling regulatory body held into the operations of Mayfair-based Park Lane Club that is currently run by Silverbond Enterprises…

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