FCA Approves Betcade as Authorised Payment Institution in the UK

FCA Approves Betcade as Authorised Payment Institution in the UK

The Financial Conduct Authority (FCA) has officially approved Betcade as an Authorised Payment Institution on the territory of the UK. The company, which was found only a year ago, is known as the first dedicated Android application store that had been especially developed for the gaming industry. The company offers a reliable branded application that provides players with the chance to search and find, download and manage various gaming applications. The admission of Betcade as an Authorised Payment Institution is considered as another significant step for the company. Currently the…

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ICE Totally Gaming to Open Additional Hall for Exhibitors in 2017

ICE Totally Gaming to Open Additional Hall for Exhibitors in 2017

The organisers of the annual gaming show ICE Totally Gaming have revealed that an additional hall has been presented. The event, which is to take place at London’s ExCel centre from February 7th to February 9th, will feature one more hall that would be especially added in order to provide new exhibitor with the chance to have their own space and identity. As revealed by the event’s organisers, a special dedicated pre-show is planned to take place as well as an in-venue marketing and promotional programme will be featured in…

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UK’s Third Largest Casino to Set Foot in Leeds’ Victoria Gate in 2017

UK’s Third Largest Casino to Set Foot in Leeds’ Victoria Gate in 2017

The work on the next development stage of the Victoria Gate retail has already been in progress. As a result, it became clear that a new super casino is planned to set foot in Leeds in 2017. A multi-million investment has been made in the casino venue that is expected to be the third largest casino in the country, with an overall capacity of 1,400 people. The Development arm of Global Gaming Ventures has unveiled plans for its new Victoria Gate Casino which is to be placed on top of…

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ASA Bans Ladbrokes Ad for Misleading Conditions

ASA Bans Ladbrokes Ad for Misleading Conditions

The Advertising Standards Authority published a ruling against Ladbrokes after investigating two issues. The ruling was made over an advert which promoted the brand’s casino and was sent via e-mail on April 21th. According to the text read in the ad, players who deposited £35 would get £5, the ones who deposited £60 would be granted with £10, and the ones who placed a bet of £100 would get £20. The e-mail promotion also read that this “winning combination” was especially intended for Table Club players, and included a set…

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DCMS Publishes Call for Evidence on Gaming Machines and Social Responsibility Measures

DCMS Publishes Call for Evidence on Gaming Machines and Social Responsibility Measures

The Department for Culture, Media & Sport (DCMS) published a review of gaming machines and social responsibility measures amid increased Government and regulatory concerns regarding the situation with the sports betting industry in the country. The call for evidence is planned to be used as a starting point when it comes to imposing certain measures to protect both children and vulnerable people from the negative impact of gambling activities and advertising. Tracey Crouch, Minister for Gambling in the UK, commented on the Government call for evidence on the matters related…

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CMA to Investigate Gambling Operators’ Potentially Unfair Terms and Misleading Practices

CMA to Investigate Gambling Operators’ Potentially Unfair Terms and Misleading Practices

The Competition and Markets Authority (CMA) is set to start an inquiry related to bookmaker terms and conditions. As a result of the inquiry, the regulatory watchdog is expected to examine a number of areas, including special promotions launches, customers’ problems while withdrawing their winnings and account restrictions. The Competition and Markets Authority has shared that online gambling operators may be breaking the law if they put some obstacles for players to cash out their winnings from their accounts. The investigation that is to be launched would come to make…

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UKGC to Make Changes in Its LCCP on October 31st

UKGC to Make Changes in Its LCCP on October 31st

This month, the UK Gambling Commission (UKGC) is to make certain changes in order to work on the prevention of crimes that are related to gambling activities. The amendments that are expected to be made are associated with the license conditions and codes of practice of the Commission (LCCP) and, as mentioned above, are aimed at preventing gambling-related crimes. The Gambling Commission has published an official statement on its website, on the matters of its license conditions and codes of practice. The regulatory authority has revealed that according to it,…

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ASA Rules in Favor of LeoVegas Gaming

ASA Rules in Favor of LeoVegas Gaming

The Advertising Standards Authority ruled in favour of LeoVegas Gaming Ltd after investigating a customer’s complaint against the company, according to which the latter had released a socially irresponsible ad. The TV ad in question was seen by the complainant on July 25th 2016. It featured a man returning to the beach and looking for his friend who had left. The words “Gone to Vegas” were written in the sand, and the missing friend was displayed in a café while playing roulette on his smartphone. Then, a voice-over presented the…

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ASA Bans Misleading Coral Interactive Ad

ASA Bans Misleading Coral Interactive Ad

The Advertising Standards Authority (ASA) ruled in favour of an accusation against Coral Interactive after investigating a total of two complaints filed against the Gibraltar-based company. The complaints were filed due to a press ad seen on June 10th 2016 in the Daily Telegraph. The advertisement offered customers to place bets in the match between England and Russia, with a maximum bet of £1. According to the text of the ad, players’ losing bets would have been granted with a free bet of £5, and the winnings were paid in…

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UK DCMS to Impose New Gross Profits Rate on Local Bookmaking Operators

UK DCMS to Impose New Gross Profits Rate on Local Bookmaking Operators

In the light of recently increased Government and regulatory bodies’ concerns over sports betting industry and its current status in the country, the UK Sports Minister Tracey Crouch has revealed her intentions to set a new gross profits rate for both retail and online bookmakers. Ms. Crouch informed the industry stakeholders that the Department for Culture, Media & Sport means to impose a gross profit charge estimated to 10% on all racing wagers, regardless of the fact if the bets are placed online or by using the services of a…

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