Archive | April, 2017

IAGA International Gaming Summit 2017, New York

This year’s IAGA International Gaming Summit is being held at the JW Marriott Essex House in New York from 30 May to 1 June 2017. David Clifton will be moderating the main conference “Sports Betting: Time to Play the Trump Card?” panel session between 2.45 and 3.45pm on Wednesday 31 May, that is billed on the agenda […]

Gambling Commission publishes its 2017-18 Business Plan & invites views on its 3-year strategy

The Gambling Commission has published its Business Plan for 2017/2018 (that can be downloaded below). The Plan focuses on the following five key areas: empowering and protecting consumers, raising standards across all gambling sectors, building partnerships and understanding, ensuring fair play on the National Lottery and improving regulation. The Commission is also inviting key stakeholders (including consumers, […]

Gibraltar hopes it is not headed for pain from Spain

David Clifton is quoted in an article in Gambling Compliance (that can be downloaded below), arising from last week’s revelation that EU draft guidelines for Brexit give Spain the right to veto any decision on Gibraltar’s future without it first having been negotiated between the U.K. and Spain, a development that can only serve to complicate an already sensitive […]

New penalties for breaching financial sanctions now in force

From yesterday (3 April 2017), the Treasury’s Office of Financial Sanctions Implementation (OFSI) has started to use powers to impose penalties for serious financial sanctions breaches. These can be up to £1 million or 50% of the breach, whichever is higher. This new power – which will be of particular interest to casino operators – is one […]

Draft UK Money Laundering Regulations 2017 exempt all gambling operators from 4MLD requirements except casinos

David Clifton is quoted in the lead news article of the March 2017 edition of Online Gambling Lawyer, commenting on the exemption of all gambling operators from 4MLD requirements except casinos. That news article can be accessed here You can read our own website article on the same subject here and our comment on the Gambling Commission’s AML […]