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UKGC

UKGC publishes interim evaluation on the successful implementation of the ban on gambling with credit cards

 The HALLO ECHO
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  An interim evaluation of the Gambling Commission’s credit card ban indicates the action is popular among consumers and has not resulted in harmful unintended consequences. The credit card ban was introduced in April 2020 to add another layer of protection for consumers and add friction to the process of gambling with borrowed money. Evidence revealed some…

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UKGC Receives Four Applications for National Lottery Licence

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has received four final applications for the Fourth National Lottery licence competition. The competition for the fourth licence was launched in August 2020 and now moves into the final stage with four applicants submitting their applications for final evaluation. This is the highest number of final applications received since…

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UKGC Suspends Operating Licence of BGO Entertainment

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has suspended the operating licence of BGO Entertainment Limited (operating licence no 039533-R-319369-021) as it carries out a review under section 116 of the Gambling Act 2005 (the Act). The review and consequent suspension follows concerns that activities may have been carried out contrary to the Act, not in…

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UKGC Imposes £450,000 Fine on VGC Leeds Limited

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has announced that it has fined VGC Leeds Limited, the company that runs Victoria Gate Casino, a total of £450,000 following an investigation that revealed social responsibility and anti-money laundering failures at the casino. Helen Venn, Executive Director of UKGC, said: “These failings were identified as part of our…

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Sorare to Be Investigated Because of Unlicensed Gambling Platform

 The HALLO ECHO
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  As a result of an unlicensed gambling platform, Sorare will be investigated. Sorare is currently under investigation by the UK Gambling Commission because it does not have a gambling license to operate in the country. The Gambling Commission will look into whether Sorare needs a gambling license and whether the business is legal or…

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Regulatory action against EU Lotto

 The HALLO ECHO
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  A gambling business must pay a £760,000 fine and undergo extensive independent auditing after a Commission investigation revealed social responsibility and money laundering failures. EU Lotto – which operates the lottoland.co.uk website – has also received a formal warning for the failures which occurred between October 2019 and November 2020. Social responsibility requirement failures…

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