UKGC Provides More Details about Its Investigation into Football Index Following Ongoing Concern

UKGC Provides More Details about Its Investigation into Football Index Following Ongoing Concern

The UK Gambling Commission (UKGC) has decided to publish more details about the background of its regulatory action into BetIndex Limited, trading as Football Index. The watchdog said it has focused the update particularly on the areas where it has received questions regarding its approach. The gambling regulatory body said that BetIndex Limited was given an operating licence for Remote General Betting Standard Real Event on September 9th, 2015. The UKGC shared that the company is also licenced by the Jersey gambling watchdog. The Commission explained that the current product…

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Media Reports Say UKGC Received Warning about Football Index in January 2020 but Did Nothing

Media Reports Say UKGC Received Warning about Football Index in January 2020 but Did Nothing

According to media reports, the UK Gambling Commission (UKGC) received a warning in January 2020 that Football Index, the gambling operator that got its licence suspended a week ago, was a fraudulent pyramid scheme that operated masked as a football stock market. As revealed by The Guardian, at the time when this information was revealed to the gambling regulatory body, the UKGC was called to immediately take urgent action into the operations of the gambling platform in order to inform and protect the company’s users. Football Index started offering its…

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New GambleAware Study Finds Small Number of High-Spending Users Account for 70% of Online Gambling GGY in the UK

New GambleAware Study Finds Small Number of High-Spending Users Account for 70% of Online Gambling GGY in the UK

UK gambling charity organisation GambleAware has recently published some details for the gambling habits of online gamblers in the country for the first time. The charity has published an interim report to improve understanding of the online gambling market in terms of basic patters of play and their effect on gamblers’ behaviours, especially when it comes to at-risk or problem gambling. The research was conducted by the National Centre for Social Research in partnership with Professor Ian McHale and Professor David Forrest from the University of Liverpool. It is based…

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RSL and Leagues Clubs Suggest Digital Wallet as Alternative to NSW Government’s Mandatory Gaming Card Proposal

RSL and Leagues Clubs Suggest Digital Wallet as Alternative to NSW Government’s Mandatory Gaming Card Proposal

New South Wales-based RSL and leagues clubs have failed to stay on the same side with their industry body and negotiate to try out an alternative to the mandatory gaming card that has been proposed by the state government. The effort that is being made by the Returned and Services League of Australia (RSL) and Services Clubs Association and Leagues Clubs Australia seeks to see a trial of cashless technology implemented in a number of the biggest clubs in NSW to help the authorities tackle rising gambling addiction and money…

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Neil McArthur Steps Down from Chief Executive Officer Role at the UKGC

Neil McArthur Steps Down from Chief Executive Officer Role at the UKGC

The Chief executive officer of the UK Gambling Commission (UKGC) is stepping down, leaving the major gambling regulatory body of the UK headless amid the ongoing Government review of the country’s gambling legislation. Neil McArthur announced that his resignation will take immediate effect and the search for an interim CEO is expected to start soon. Mr McArthur is leaving the organisation after spending almost 15 years with it, as he became part of the UKGC in 2006 and occupied the role of General Counsel before taking over the Chief Executive…

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Possible Conflict of Interest Found in Law Firm’s Relationship with Large Shareholder in Crown Resorts

Possible Conflict of Interest Found in Law Firm’s Relationship with Large Shareholder in Crown Resorts

An important law firm that is pursuing to assist Victoria’s Royal Commission into its Crown Resorts’ inquiry seems to have advised the gambling company on its new Barangaroo casino project. The law firm has also worked for the second-biggest shareholder of the Australian casino operator. These findings have prompted both a prominent industry expert and the anti-gambling opposition in the state of Victoria to raise concerns about the potential conflict of interest of the law firm. As mentioned above, Corrs Chambers Westgarth is one of the law firms that have…

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West Australian Royal Commission to Focus on the Effectiveness of State’s Gambling Regulatory Body in Crown Resorts Probe

West Australian Royal Commission to Focus on the Effectiveness of State’s Gambling Regulatory Body in Crown Resorts Probe

The effectiveness of the gambling regulator of Western Australia and its relationship with the Crown Resorts’ casino in Perth is set to be placed within the focus of the state’s Royal Commission and its probe into the gambling operator. Currently, the system of Western Australia’s Gaming and Wagering Commission is being scrutinised after Commissioner Patricia Bergin revealed the results of the investigation in Crown Resorts’ operations in the state of New South Wales in February. The results, however, were found concerning by other Australian states, too, and earlier in March,…

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All-Party Parliamentary Group Urges UK TV Channels to Cease Gambling Sponsorships during Daytime Broadcasts

All-Party Parliamentary Group Urges UK TV Channels to Cease Gambling Sponsorships during Daytime Broadcasts

The All-Party Parliamentary Group on Gambling-Related Harm (APPG) has approached UK television channels, including Channel 5 and ITV, urging them to put an end to gambling operators’ sponsorship of daytime TV programmes. In the letters sent to the local television channels, the APPG shared that its members were deeply concerned about these sponsorships and pointed out a few examples, including the soap opera “Neighbours” on Channel 5 that is currently being sponsored by Gala Bingo, a brand of the British gambling giant Entain. The All-Party Parliamentary Group on Gambling-Related Harm…

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The Largest Australian Banks Back Implementation of Credit Card Ban for Online Gambling Transactions, MP Says

The Largest Australian Banks Back Implementation of Credit Card Ban for Online Gambling Transactions, MP Says

The Queensland Member of Parliament Andrew Wallace revealed that he has made sure that the largest banks in Australia would back the plans for implementation of credit card ban on online gambling services. For the time being, it is impossible for Australian gamblers to use their credit cards for making gambling transactions in casinos and gambling lounges but there are no such rules for online gambling services. In February 2021, Andrew Wallace MP started a pursuit for some changes in the sector, claiming that the high interest rates and a…

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Anti-Gambling Campaigners Criticise ClubsNSW Complaints Regarding Possible Implementation of Gaming Card

Anti-Gambling Campaigners Criticise ClubsNSW Complaints Regarding Possible Implementation of Gaming Card

New South Wales (NSW) gambling reform campaigners have accused the gambling sector of making a complaint of poverty over a recent proposal to cut money laundering and problem gambling in the state. According to gambling reform advocates, have severely criticised the ClubNSW’s modelling that a suggested mandatory gaming card in the state would cost about AU$1.8 billion, as well as thousands of jobs. The Commissioner’s report into Crown Resorts that was prepared by former Supreme Court judge Patricia Bergin recommended the implementation of a cashless gambling card. Ms Bergin suggested…

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