Archive | March, 2017

Review of complaints processes in the gambling industry

The Gambling Commission has announced today the results of its review of the complaints processes in the gambling industry one year after the introduction of the Alternative Dispute Resolution (ADR) scheme. The review document can be downloaded below. By way of background, in 2015, new regulations on ADR provision came into effect, under which the Gambling Commission became […]

Fixing the machines in casinos conundrum

As The Editor’s Introduction to the current edition of Casino Life says: “What was the maximum number of slots permissible in a UK casino in 1983? Twenty? Fifty? Turn to David Clifton’s feature on slots on page 30 and find out more – plus the approach of NCF’s Playing Safe report. You will be surprised […]

Gambling Commission publishes its risk assessment of the British Gambling industry

The Gambling Commission has published its money laundering and terrorist financing risk assessment of the British gambling industry that informed HM Treasury’s response to the consultation on the Fourth EU Money Laundering Directive, on which we have previously reported, that confirmed the Government’s decision to exempt gambling sectors which are considered to be lower risk, apart from non-remote and remote casinos (which cannot […]

Gambling participation & public perceptions of gambling

David Clifton comments on the recently published annual report by the Commission entitled “Gambling participation in 2016: behaviour, awareness and attitudes” that indicates a marked increase in negative sentiment towards gambling, with only 34% of people in Great Britain thinking that gambling is fair and can be trusted, compared with almost 50% in 2009. The report can be […]

New AML supervisory body OPBAS to be created

Alongside publication of HM Treasury’s decision to exempt all gambling service providers from the requirements of the 4th EU Money Laundering Directive – on which we reported yesterday and David Clifton was quoted in an SBC News article – it has also been announced that the Government intends to create the new Office for Professional Body Anti-Money Laundering Supervision (“OPBAS”) […]

Bookmakers remain exempt from latest money laundering rules

Picking up on the same story on which we reported earlier today, David Clifton is quoted in an SBC News article that explains that “Bookmakers already celebrating a successful start to Cheltenham week will have further cause for celebration with the news that the betting industry will continue to be exempt from European money laundering rules”. David’s […]