Gambling Commission – Page 2 – Highly Aligned Leaders in Legal Operations

UKGC Issues Stricter Consumer Protection Rules for Lockdown

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g May 13, 2020 May 13, 2020

By: The HALLO ECHO

May 13, 2020

The UK Gambling Commission (UKGC) has published more stringent rules for online operators for protecting customers during lock down. The new set of rules come after new evidence has surfaced that show some gamblers maybe at greater risk of harm during lockdown. The new guidelines deal with the need for affordability checks, prevention of…

Betway to Pay Fine for Failings Related to “VIP” Customers

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g March 13, 2020 March 13, 2020

By: The HALLO ECHO

March 13, 2020

Online gambling operator Betway has agreed to pay a penalty of £11.6 million for a series of social responsibility and money laundering violations connected to the accounts of seven of its “VIP” customers. In one case, Betway failed to do the source checking of funds from a “VIP” customer who deposited more than £8m…