UK

UKGC Imposes £780,000 Fine on Buzz Group

 The HALLO ECHO
By:
0
0

  Buzz Group, which operates buzzbingo.com, has been fined £780,000 by the UK Gambling Commission for failures relating to social responsibility and anti-money laundering procedures. Buzz Group also received a formal warning for the failures which occurred between October 2019 and December 2020. Social responsibility failures included: financial triggers not sufficiently identifying at-risk players as…

read more

Stake.com’s UK operation now live

 The HALLO ECHO
By:
0
0

Fast-growing global cryptocurrency betting & gaming operator & Watford FC principal sponsor’s UK B2C platform launched on stake.uk.com Stake, one of the world’s fastest-growing cryptocurrency betting & gaming operators and principal sponsor of Watford FC have ramped up their global expansion with the launch of UK-licensed website, www.stake.uk.com Since launch in 2017, Stake has grown…

read more

UKGC publishes Compliance and Enforcement Report

 The HALLO ECHO
By:
0
0

  The Gambling Commission has published its annual Compliance and Enforcement Report – a document featuring the findings of the regulator’s extensive casework against licence holders and detailing where the industry needs to raise standards. This report covers the financial year 2020 – 2021, a period during which Commission casework led to the suspension of…

read more

Esports Technologies Secures Access to UK Gaming License

 The HALLO ECHO
By:
0
0

  Esports Technologies, Inc., a leading global provider of award-winning advanced esports wagering products and technologies, announced that it secured access to a UK gaming license through an operator services agreement  signed along with the $75.9 million acquisition of Aspire Global’s B2C assets. Through the deal, Esports Technologies gained 1.25 million deposited customers, the majority…

read more

Social gaming disruptor PickGuru is granted a UK Gambling Commission licence and announces TikTok executive to lead the business

 The HALLO ECHO
By:
0
0

  PickGuru, a brand new social gaming platform, announced that it has secured a UK Gambling Commission (UKGC) licence. They also confirm the appointment of TikTok executive Olly Roland-Jones as chief executive officer (CEO). The platform allows friends and fans to challenge and compete with each other in a wide range of live and engaging…

read more

UKGC: Regulatory action against Greentube Alderney Limited

 The HALLO ECHO
By:
0
0

  An online gambling business must pay £685,000 after a Commission investigation revealed social responsibility and money laundering failures. Greentube Alderney – which operates admiralcasino.co.uk and bellfruitcasino – will also undergo extensive independent auditing for the failures which occurred between December 2019 and November 2020. The Commission investigation revealed that the operator failed to: interact…

read more