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Time for online gambling operators to take action on unfair terms

The Gambling Commission has warned online gambling operators to review their terms and conditions before regulatory action is stepped up in the New Year to ensure that consumers are treated fairly. This warning follows a speech delivered yesterday at the Gambling Commission’s annual Raising Standards conference) by George Lusty of the Competition and Markets Authority, entitled “Online gambling: the investigation so far […]

Online gambling: the CMA investigation so far and next steps

CMA Project Director, George Lusty, delivered a speech yesterday (at the Gambling Commission’s second annual Raising Standards conference in Birmingham) entitled “Online gambling: the investigation so far and next steps”, in which he provided a further update on the CMA’s investigation into potentially unfair and misleading terms and practices in the remote gambling sector. His speech (that can be downloaded below and […]

How serious is high-roller problem gambling?

David Clifton is to moderate a panel session called “How serious is high roller problem gambling?” at the KnowHow “Social Responsibility for Gambling Operators” conference to be held at the Grange Tower Bridge Hotel, 45 Prescot Street, London, E1 8GP on 18 January 2018. As made clear in the conference organiser’s announcement (that can be downloaded below), David’s panel […]

Commission calls for a “fairer and safer” gambling experience for consumers

David Clifton and Suzanne Davies attended the Gambling Commission’s second annual Raising Standards conference in Birmingham yesterday, when operators were pressed to make gambling a fairer and safer experience for players. At last year’s conference, the Commission called for operators to accelerate the pace at which they were putting consumers at the heart of business decisions. This year, […]

Binary options to be regulated by the FCA from 3 January 2018

In an announcement on its website, published on 14 November 2017 (that can be downloaded below), the Financial Conduct Authority (FCA) has stated that the regulation of binary options is changing from 3 January 2018. From that date, binary options will be regulated by the FCA in the same way as investment products. This means that: firms will be authorised […]

Gambling Commission unveils 2018-2012 Strategy

The Gambling Commission has unveiled its new strategy for 2018-2021 “Making gambling fairer and safer” that: “builds on work the Commission has been doing to ensure consumers are protected and setting an ambition for further and faster progress in the five priority areas” and it believes “will help shape a well-regulated gambling market that works for consumers”. The […]

Metropolitan Police Form 696 withdrawn

The Metropolitan Police Promotion Event Risk Assessment Form 696 has been withdrawn. In September, London Mayor, Sadiq Khan, called for a review of Form 696 because of concerns raised by promoters and artists that it was unfairly affecting specific communities and music genres. Form 696 was originally introduced in 2005 in response to a number of shootings at […]

Repeat offender Gala Interactive suffers £2.3million penalty package

Gala Interactive (Gibraltar) Limited is to pay a total of £2.3 million for failing to effectively interact with two high-spending “VIP” customers who were displaying problem gambling behaviour whilst playing Gala’s online games and, in the process, gambling away approximately £1.3 million of stolen money. One customer lost £837,545 over 14 months and was subsequently imprisoned for […]

GambleAware response to gaming machines & social responsibility review announcement

GambleAware, (an independent charity tasked to fund research, education and treatment services to help minimise gambling-related harm in Great Britain) has responded to the Government’s announcement this morning in relation to its review of gaming machines and social responsibility. In its response (that can be downloaded below), it stated that: it supports the proposed consultation […]

Information behind today’s DCMS consultation announcement

You can access below details of the following information that was shared by the Gambling Commission with the Government prior to this morning’s DCMS announcement of a 12-week consultation on Government proposals relating to gaming machines and new social responsibility measures to minimise the risk of gambling-related harm Analysis of 22 billion sessions of play over a 24 month period on B2 and B3 […]