UKGC to Implement New Licensing Conditions for Gambling Operators

UKGC to Implement New Licensing Conditions for Gambling Operators

The UK Gambling Commission (UKGC) has officially announced the implementation of a new licensing conditions for casino and gambling operators within the country. The watchdog is supported by the British government and is focused on keeping the UK gambling business clean and making gambling fair and open. The UKGC is also responsible for protecting both children and vulnerable people and keeping crime out of gambling within the country. After a consultation with some stakeholders has been held, the regulatory body revealed that there will be a requirement for the licensed…

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UK Players Unhappy with EuroMillions Price Changes

UK Players Unhappy with EuroMillions Price Changes

The changes made to the EuroMillions game, which is currently the largest lottery draw on the territory of Europe, have provoked negative reactions in a great number of UK lottery players. The changes in question are related to a 50p increase in the pricing of EuroMillion draw that to £2.50 from September 2016. But that is not all. As reported, the EuroMillions game is expected to feature an additional lucky star that is to reduce the jackpot winning chances from the current 1 in 117 million to 1 in 140…

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UKGC Makes “Joint Consultation” on Proposed Fee Changes Public

UKGC Makes “Joint Consultation” on Proposed Fee Changes Public

The UK Gambling Commission (UKGC) has made its initial “joint consultation” with the Department for Culture, Media and Sport (DCMS) public. The consultation was related to the changes that have been proposed in the operator fees regarding the gambling licenses granted on the territory of the UK. The UKGC expects the changes to be put into action in April 2017. The Commission has made various proposals related to the operator fees in the country. It has expressed its belief that all major changes to both their expenses and income after…

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New Jersey Expects Massive Growth if the UK Liquidity-Sharing Deal Is Successful

New Jersey Expects Massive Growth if the UK Liquidity-Sharing Deal Is Successful

As CasinoGuardian reported, both the UK and the state of New Jersey are considering an eventual agreement over sharing liquidity. This is considered a great step for both parties, and especially for the US online poker market, but at this stage the contract is not even close to signing. According to several media reports, the Division of Gaming Enforcement (DGE) of New Jersey has written to the current casino and gambling operators who have online gaming platforms licensed in the state to ask them for their opinions and advice on…

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New Jersey and the UK Negotiate to Share Liquidity

New Jersey and the UK Negotiate to Share Liquidity

Several online poker websites that are licensed in the state of New Jersey had reached a tentative agreement with the UK and could soon be sharing liquidity with their counterparts that are licensed in the UK, according to an online report published by Global Gaming Business. The Division of Gaming Enforcement (DGE) of New Jersey reached an agreement regarding an overseas jurisdictional collaboration with the UK Gambling Commission. The Director of DGE David Rebuck revealed there were still some regulatory issues, including matters related to tax rates, as well as…

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ASA Bans Sky Vegas TV Ad for BCAP Code Rule Breach

ASA Bans Sky Vegas TV Ad for BCAP Code Rule Breach

The self-regulatory organisation that monitors the UK advertising industry – Advertising Standards Authority (ASA) – imposed a ban on Bonne Terre Ltd t/a Sky Vegas. The ruling was made by the authority after a single complaint was filed against one of the ads circulating on Sky Vegas TV. The TV commercial was scrutinised by the watchdog and the case ended up with a ban imposed on the company for showing the advert in its current format. According to the ruling of Advertising Standards Authority, the offensive TV ad breached BCAP…

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UKGC Says Sports Betting Growth Remains Steady in 2015

UKGC Says Sports Betting Growth Remains Steady in 2015

According to the statistics regarding the regulated gambling industry in the country to the end of September 2015 that has recently been released by the UK Gambling Commission, the gross gambling revenue generated on a yearly basis was estimated to £12.6 billion. A total of 29% percent of it was generated from Internet gambling operations. When the calculations were made, the remote gaming data from the period of 11 months between November 1st, 2014 and October 31st, 2015 were taken into account. In comparison, the previous report of UKGC covered…

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GBGA Remains Calm about Gibraltar’s Gambling Industry Future despite BREXIT

GBGA Remains Calm about Gibraltar’s Gambling Industry Future despite BREXIT

The Gibraltar Betting & Gaming Association (GBGA), which is the trade association of the local gambling industry, has been primarily focused on putting an end to the stakeholder concerns which followed the UK’s referendum decision to no longer be part of the European Union. Up to date, the Gibraltar Betting & Gaming Association is the industry body that officially represents about 20 European web-based betting operators, all of which are currently based there. It has officially announced that the governance of the British Overseas Territory remained fully committed to keeping…

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Britons Spend £12.6 Billion on Gambling in 2015 According to UK Gambling Commission

Britons Spend £12.6 Billion on Gambling in 2015 According to UK Gambling Commission

The UK Gambling Commission revealed in a newly-published report that British people spent a total of £12.6 billion on gambling last year. According to the Commission’s reports, the state of the gambling industry in the country, excluding the territory of Northern Ireland, has been improved regardless of the fears of the eventual impact of the June’s Brexit. The latest statistics provided by the Commission proved there has been an increase in the gambling industry of the UK since 2011. Still, the situation caused a lot of controversy, because there are…

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Two YouTubers Accused in CSGO Gambling Scandal

Two YouTubers Accused in CSGO Gambling Scandal

Two YouTube personalities – TmarTn and ProSyndicate – have been implicated in a scandal related to the Counter-Strike: Global Offensive – an online shooter game that has been developed and is currently run by Valve. According to accusations, the two of them have been illegally promoting a game’s weapon skin gabling website to their audience that is currently estimated to more than 13 million subscribers. Both TmarTn and ProSyndicate have uploaded a large number of videos demonstrating how they successfully gamble on their website CSGOLotto. The website is said to…

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