Archive | March, 2022

Affordability set to become an even greater cause for regulatory concern within the next few months

‘Department of Trust’ (‘DoTrust’) is the name of a company registered with the UK Financial Conduct Authority (‘FCA’) as an Open Banking Account Information Service Provider Agent. It was founded in 2021 by gaming industry veteran Charles Cohen, co-founder of mobile gambling pioneers Probability plc, who also served as Vice President of Mobile and Sports […]

HM Treasury publishes advisory notice: Money laundering & terrorist financing in high-risk third countries

The Gambling Commission has drawn attention on its website to publication by HM Treasury of an updated advisory notice regarding the risks posed by jurisdictions with unsatisfactory money laundering and terrorist financing controls. It states as follows: HM Treasury have published an advisory notice regarding the risks posed by jurisdictions with unsatisfactory money laundering and […]

The twists and turns of political rhetoric

A ‘Comment’ piece by David Clifton entitled ‘The twists and turns of political rhetoric’ is published in the current (25 March 2022) edition of Coinslot (pictured below), in which David picks up on comments made by Chris Philp MP, the DCMS Minister with responsibility for gambling, in his keynote speech at the Gambling Reform Rally on 9 […]

BGC enters Phase 2 of the SCV Regulatory Sandbox

The Regulatory Sandbox is a service developed by the Information Commissioner’s Office (‘ICO’), to support organisations that are creating products and services which utilise personal data in innovative and safe ways. In November 2020, the Gambling Commission was accepted into the Regulatory Sandbox, the aim of which was to (a) establish whether there is an appropriate […]

So what is the true level of gambling harms in Great Britain?

Based on fieldwork carried out between 18 November and 14 December 2021, GambleAware has today (23 March 2022) published new research findings, conducted on its behalf by YouGov, estimating that 2.8% of adults in Great Britain (i.e. 1.4 million people) are experiencing gambling harms. This contrasts with the Gambling Commission’s current assessment of problem gambling rates (most […]

Gambling Minister comes closest yet to indicating what can be expected in the Gambling Act Review White Paper

In his current monthly ‘Licensing Expert’ article for SBC News, entitled ‘The story behind a tragic story’ (reported by us here), David Clifton concluded that it is inevitable that the Coroner’s conclusions in the inquest into the tragic suicide of Jack Ritchie will feature in the forthcoming debates on gambling law reform following publication of the […]

Camelot fined £3.15million for Third National Lottery Licence breaches

Today, 22 March 2022, the Gambling Commission has announced that it has fined Camelot UK Lotteries Limited (‘Camelot’), holder of the Third National Lottery Licence and current operator of the UK’s National Lottery, £3.15million for breaches of licence conditions, linked in each case to Camelot’s National Lottery mobile application. It’s not been a good week for […]