Maciej Szpunar, an Advocate General of the highest court of the European Union said that Gibraltar should be treated as “one entity” with the UK when it comes to their right to provide services. The opinion of Szpunar has been presented in a case between the UK’s tax authority and the Gibraltar Betting and Gaming Association (GBGA). The advocate general wrote that the application of European Union law to Gibraltar did not create new or supplementary rights between Gibraltar and the UK apart from the ones imposed by the constitutional…
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Gambling Operators with Biggest Market Cap on the LSE
Over the past few years more and more companies operate in the conditions of great competitiveness in the UK gambling industry. On the other hand, the gambling industry as a whole has been one of the major contributors to the country’s economy generating more than £2 billion towards the Gross domestic product (GDP). However, remaining on top of the list is never easy. This is exactly why the UK gambling operators put a lot of hard work and efforts to consolidate their positions on the market. The some of them…
Read MoreTPD’s Racecouse Timing Technology to Set Foot in Argertina
London-based provider of innovative race timing technology Total Performance Data (TPD) has announced that it is to expand its reach in Argentina. The company revealed that it has reached a partnership agreement with the local racecourse Hipódromo Argentino de Palermo. The Chief Executive Officer of Total Performance Data Will Duff commented on the deal, saying that the company’s latest innovation would be provided at the Hipódromo Argentino de Palermo. According to him, the way people interact with horseracing could be changed by the new technology and data used by TPD,…
Read MoreBetConstruct Becomes Member of the National Council of Problem Gambling
The leading gaming software supplier BetConstruct, which has recently became a major partner for the 2017 edition of the Global Gaming Awards, has revealed that it is to join the National Council on Problem Gambling (NCPG). The latter is a charitable organisation which is aimed at the cooperation and collaboration with various problems and services that help people who suffer from problem gambling behaviour and their families. The Executive Director of the National Council on Problem Gambling Keith Whyte welcomed BetConstruct as a member of the organisation and explained he…
Read MorePhilip Davies MP to Deliver a Keynote at the ICE Totally Gaming
The Member of UK Parliament Philip Davies, who also currently occupies the position of the All Party Betting and Gaming Group’s Chairman, is to participate in a public speaking at the Annual Regulations’ Lunch. The latter is part of this year’s agenda of the World Regulatory Assembly at the ICE Totally Gaming conference which is to take place at the London’s ExCel in February 2017. Philip Davies MP said that currently, the industry was constantly improving thanks to the large number of innovations that took place in the business. He…
Read MoreUK Government to Implement New 10% Horserace Betting Levy
The Government of the UK, and more specifically the Minister for Sports, Tourism and Heritage Tracey Crouch revealed that the British gaming operators will be required to pay an extra levy amounting to 10% of the race betting revenue. According to Ms. Crouch, the change in the levy system would be beneficial, as it would make sure that gambling companies pay their fair share to support the industry in the country, taking care of the horse racing’s future. The UK Minister for Sports, Tourism and Heritage said that the horserace…
Read MoreHRI Reveals 2016 Positive Industry Results
The national authority for thoroughbred horse racing in Ireland – the Horse Racing Ireland – revealed positive industry figures for 2016, saying that almost all areas managed to generate growth. The announcement comes after last year brought massive success for the horses trained in Ireland under the Flat and National Hunt codes. According to the Chief Executive Officer of HRI Brian Kavanagh, last year was the seventh straight year which saw sales grow. He cited the percentage of the increase, saying that horses that had been bred in Ireland continued…
Read MoreMain Principles and Responsibilities of UKGC
The UK Gambling Commission (UKGC) is the major gambling regulatory body of Great Britain. Currently, the Commission has control over most, but not all, gambling activities in the country. The UK’s gambling regulatory body was created under the provisions of the Gambling Act of 2005. The Commission assumed its full powers and responsibilities two years later, after being granted with the country’s Gaming Board in 2007. Up to date, it specialises in controlling all land-based casino, sports betting, lotteries, bingo, slots machines and arcade games providers in the country. The…
Read MoreUKGC Posts Information Notice on TGP and Fesuge Cheltenham Festival Bonus Offer Case
The UK Gambling Commission (UKGC) published a special information notice advising gambling operators to make sure they provide their customers with fair and transparent conditions of their bonus promotions. According to the country’s regulatory body, gambling companies could learn an important lesson from the failures of TGP Europe Ltd and Fesuge Ltd, and more specifically from the last year’s “bonus abuse disruptions” related to the websites of the Isle of Man-based TPG Europe. The UK gambling regulator published a public statement, encouraging the country’s gambling operators to get familiar with…
Read MoreASA Publishes Ruling on Complaint against Unibet
The Advertising Standards Authority published a ruling on a complaint filed against Platinum Gaming Ltd, trading as Unibet. The council of the ASA overruled all the three issues that were investigated in relation to a brand’s Facebook post and three TV adverts. One individual filed a complaint against a paid-for Facebook post reached on June 22nd, 2016 as well as against three adverts broadcast on TV in September 2016. As explained by the complainant, all ads featured three men who discussed the eventual outcomes of sporting events as well as…
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