Western Europe

Labour’s Tom Watson Calls for Mandatory Levy on Gambling Firms in UK

 The HALLO ECHO
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  Tom Watson, Labour’s deputy leader, has called for imposing a mandatory levy on gambling firms. He said that some companies donated “frankly insulting” amount of money to fund addiction treatment and the voluntary system needed to be replaced. “The gambling market is broken and it’s up to the government to fix it. We don’t…

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UKGC fines Platinum Gaming Ltd £1.6m for social responsibility and money laundering failures

 The HALLO ECHO
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  AN online gambling operator will pay £1.6m for failing to identify gambling harm and prevent money laundering. The Gambling Commission launched an investigation following reports that a convicted fraudster had spent £629,420 of stolen money with Platinum Gaming. During Commission enquiries it was revealed the customer’s deposits were so high and losses so significant…

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UKGC: Gamesys to pay £1.2m for social responsibility and money laundering failures

 The HALLO ECHO
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  Online gambling operator Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations. The Gambling Commission launched an investigation into the operator’s processes after police investigations revealed three individuals had spent stolen money with the gambling business. It was discovered that despite customers displaying behaviour that could…

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UK Labour Party Leader Asks UKGC to Cancel the Licenses of Online Gambling Operators

 The HALLO ECHO
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  UK Labour Party’s Deputy Leader, Tom Watson, has asked the UK Gambling Commission (UKGC) to cancel the gambling licenses of all online gambling operators who got their licenses after 2014. Watson has written a letter to the UKGC CEO, Neil McArthur and Culture Secretary Jeremy Wright, concerning the malpractices in the UK gambling industry.…

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EGBA Welcomes the Proposal to Introduce Irish Gambling Regulatory Authority

 The HALLO ECHO
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  Dr. Katie Hartmann, Director of Legal and Regulatory Affairs of the European Gaming and Betting Association has spoken at a stakeholder seminar in Dublin about the proposed changes to the gambling regulations in Ireland. The seminar was part of the legislative package to regulate gambling activity in Ireland, including the online sector. The new…

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Ireland to Establish Independent Gambling Regulator by 2020

 The HALLO ECHO
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  The proposals to establish an independent gambling regulator by the Irish government has received full support of the industry. “You are going to be talking about money laundering, you’re going to be talking about problem gambling, enforcement, licensing, research, regulation, inspection, so you could have up to 100 people working in this authority with…

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