Gambling Commission says it was misled by Ladbrokes in Black Dave case – The Guardian

Posted July 5th, 2018 in codes of practice, gambling, news by tracey

‘The Gambling Commission has said it was misled by Ladbrokes during its investigation into the Black Dave case, which ended on Wednesday with a statement warning bookmakers about their handling of Rule 4 deductions in horse racing. The trainer David Evans was fined last year by racing’s ruling body for delaying notification of a non-runner, Tango Sky, so that he could back his other entrant, Black Dave, before its odds shortened, and he told Ladbrokes of his plan to withdraw Tango Sky at the time of placing his bet.’

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The Guardian, 4th July 2018

Source: www.theguardian.com

Gambling firm 32Red fined £2m for handing VIP status to problem gambler – The Independent

Posted June 21st, 2018 in fines, gambling, news by tracey

‘Online gambling firm 32Red has been handed a £2m fine for failing to protect a problem gambler and granting the customer VIP status. The Gambling Commission identified 22 incidents where the vulnerable customer’s behaviour should have raised red flags, including one where they told 32Red staff that they had spent too much money on gambling.’

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The Independent, 20th June 2018

Source: www.independent.co.uk

32Red hit with £2m penalty for sole problem gambler – BBC News

Posted June 20th, 2018 in gambling, money laundering, news, penalties by sally

‘Online gambling operator 32Red has been hit with a £2m penalty for failing to protect a problem gambler.’

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BBC News, 20th June 2018

Source: www.bbc.co.uk

Gambling website games based on fairytales banned – The Guardian

Posted May 30th, 2018 in advertising, children, gambling, news by sally

‘Games on a gambling website called Fairytale Legends and Fairies Forest have been banned because of the likelihood that they would appeal to children.’

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The Guardian, 30th May 2018

Source: www.theguardian.com

Government to slash maximum stake on fixed-odds betting terminals to £2 in bid to tackle problem gambling – The Independent

Posted May 17th, 2018 in consultations, gambling, news by tracey

‘The maximum stake on fixed-odds betting terminals (FOBT) will be cut from £100 to £2, the government has announced.’

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The Independent, 17th May 2018

Source: www.independent.co.uk

Skybet fined £1m by gambling regulator for not protecting vulnerable customers – The Independent

Posted March 28th, 2018 in fines, gambling, news by tracey

‘Skybet has been fined £1m by the gambling regulator for failing to protect its most vulnerable customers. The Gambling Commission on Wednesday said that it had issued the penalty in response to the sports betting company allowing customers who had self-excluded to open accounts.’

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The Independent, 28th March 2018

Source: www.independent.co.uk

Gambling regulator says FOBT stakes could be set higher than £2 – The Guardian

Posted March 19th, 2018 in gambling, news, regulations by sally

‘The UK’s gambling regulator has given the government the all-clear to defy calls to cut the stakes on the roulette-style games offered on controversial fixed-odds betting terminals (FOBTs) to £2.’

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The Guardian, 19th March 2018

Source: www.theguardian.com

William Hill fined £6.2m by Gambling Commission for lax controls – BBC News

Posted February 21st, 2018 in fines, gambling, money laundering, news by tracey

‘Betting firm William Hill has been hit with a £6.2m penalty package for breaching anti-money-laundering and social responsibility regulations. The Gambling Commission said the company did not do enough to ensure prevention measures were effective.’

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BBC News, 20th February 2018

Source: www.bbc.co.uk

Regulator launches ban on adverts that entice problem gamblers – The Guardian

Posted February 14th, 2018 in advertising, fines, gambling, news by michael

“Ads that encourage betting during live events or offer ‘free’ bets and bonuses will be banned.”

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The Guardian, 14th February 2018

Source: www.theguardian.com

New laws to prohibit betting on EuroMillions draws to come into force in April – OUT-LAW.com

Posted February 5th, 2018 in gambling, news, regulations by sally

‘New laws to prohibit gambling operators from accepting bets from consumers in Britain on the outcome of EuroMillions draws taking place outside of the UK will come into force on 6 April this year.’

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OUT-LAW.com, 5th February 2018

Source: www.out-law.com

Online gambling firms urged to raise standards on terms and conditions for bonus promotions – OUT-LAW.com

Posted February 5th, 2018 in advertising, consumer protection, gambling, internet, news by sally

‘Standards committed to by three gambling operators on the terms and conditions applied to “bonus promotions” set a benchmark that the rest of industry must also meet, the Competition and Markets Authority (CMA) and Gambling Commission have said.’

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OUT-LAW.com, 2nd February 2018

Source: www.out-law.com

UK gambling regulator calls on industry to stamp out sexism – The Guardian

Posted February 5th, 2018 in gambling, news, women by sally

‘The UK’s gambling regulator will on Monday call on the industry to stamp out sexism, warning that women attending an annual conference taking place this week are “expected to wear nothing more than swimsuits”.’

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The Guardian, 5th February 2018

Source: www.theguardian.com

Gambling companies must end misleading ‘free bet’ offers, competition watchdog warns – Daily Telegraph

Posted February 2nd, 2018 in competition, consumer protection, gambling, news by sally

‘Gambling companies must end misleading online ‘free bet’ offers or face action, the competition watchdog has warned.’

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Daily Telegraph, 1st February 2018

Source: www.telegraph.co.uk

Bookmakers weigh up judicial review against FOBT curbs – The Guardian

Posted January 23rd, 2018 in consultations, gambling, judicial review, news by sally

‘The government could face a high court showdown with bookmakers over fixed-odds betting terminals (FOBTs), amid industry dismay at suggestions that ministers have decided to cut maximum bets on the machines to £2.’

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The Guardian, 22nd January 2018

Source: www.theguardian.com

Regulator at odds with trainers over new rules for equine wind operations – The Guardian

Posted November 24th, 2017 in gambling, horse racing, horses, news by sally

‘The British Horseracing Authority brushed off an accusation of “poor regulation” from the National Trainers’ Federation on Wednesday over a new rule that requires trainers to declare wind operations on their horses, and it seems likely to irritate the NTF further by insisting trainers found guilty of a serious breach of the rule will risk the suspension of their licence.’

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The Guardian, 22nd November 2017

Source: www.theguardian.com

Council bans care home’s £1 bingo competition and accuses OAPs of breaking illegal gambling laws – Daily Telegraph

Posted November 20th, 2017 in care homes, gambling, local government, news by tracey

‘Pensioners at a care home have had their £1 bingo competition banned after a council accused them of breaking the law against illegal gambling dens.’

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Daily Telegraph, 19th November 2017

Source: www.telegraph.co.uk

City watchdog to regulate ‘addictive’ binary trading after scammers net £60m – Daily Telegraph

Posted November 15th, 2017 in consumer protection, financial regulation, gambling, news by tracey

‘The Financial Conduct Authority is to police firms offering “binary options” following complaints of large losses by consumers and the prevalence of scams.’

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Daily Telegraph, 14th November 2017

Source: www.telegraph.co.uk

Online betting company pays out £2.3m over social responsibility failures – Local Government Lawyer

Posted November 7th, 2017 in fines, gambling, internet, news by tracey

‘Betting operator Gala Interactive, part of Ladbrokes Coral, has agreed to pay £2.3m for breaching rules on social responsibility.’

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Local Government Lawyer, 7th November 2017

Source: localgovernmentlawyer.co.uk

David Evans fined £3,000 in curious case of Black Dave and Tango Sky – The Guardian

Posted November 7th, 2017 in disciplinary procedures, fines, gambling, horse racing, news by tracey

‘David Evans described as “very lenient” the fine of £3,000 meted out to him by racing’s ruling body after the trainer admitted he had delayed news of a non-runner in the hope of backing another horse in the same race at better odds. Evans staked £6,000 at 4-1 on Black Dave but lost his money when the horse, from his stable near Pandy in Monmouthshire, could finish only fourth.’

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The Guardian, 6th November 2017

Source: www.theguardian.com

A good bet? The fixed-odds controversy – BBC News

Posted October 31st, 2017 in consultations, gambling, news by sally

‘Britain’s betting industry is bracing for the release of a government review into controversial fixed-odds betting terminals (FOBTs).’

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BBC News, 26th October 2017

Source: www.bbc.co.uk