New Slotegrator report offers advice on UKGC online gambling licences

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Crypto Daily

Are UKGC-licensed casinos allowed to use cryptocurrency?

The UK Gambling Commission (UKGC) keeps an eye on the UK's online gambling industry to make sure it's safe, fair, and honest. It sets criteria for internet casinos to follow, which protects consumers and keeps them in compliance with the law. There has been a noticeable shift towards digital innovation in the banking sector with the introduction of…

Payment Methods ・ 1 day

TechRound

The Exodus of Online Casinos From The UKGC Licence

In recent times, there's been a surprising shift within the online gambling industry. A growing number of online casinos are electing to abandon their UK Gambling Commission (UKGC) licences. This trend is not only unusual but also noteworthy, especially given the reputation of the UKGC as one of the most stringent and reputable regulatory bodies in…

Industry ・ 02 June 2023

Island Echo

THE ISLE OF MAN AMONG THE LEADING IGAMING JURIDICTIONS IN THE WORLD

According to recent statistics, about 17% of the world's population engages in iGaming activities. These include online betting on the outcome of sports events such as football and cricket and eSports (electronic sports) like League of Legends and DOTA 2 to name a few. Playing online casino games is another iGaming activity that has contributed to…

Law ・ 14 April 2023

Wales 247

Regulatory Documents & UK Gambling Laws: Online Gambling Regulations UK

Statistics from the UK Gambling Commission confirm that 29% of Great Britain's population engages in games of chance, with half playing online. Gambling regulations UK and laws are written and approved throughout Great Britain for players as well as operators. These activities are participated in by 33% of men and 24% of women. The online gaming…

Law ・ 01 April 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

TechRound

The Ultimate Guide To Licensing For Bingo Operators

With stringent anti-money laundering regulations, complex licensing procedures, and heavy fines for noncompliance in the UK gambling industry, online bingo operators must ensure they are up to scratch on the legal side. This guide provides an overview of the key licensing requirements for UK bingo operators, helping them to understand and navigate…

Law ・ 27 February 2023

Tech Buzz Ireland

Reasons to Choose Operators Not on GamStop

The self-exclusion GamStop scheme was approved by the gambling regulatory body UK Gambling Commission on 31 March 2020. This programme was implemented in order to reduce gambling addiction as well as regulate the British online gambling industry. As some online casino operators hold licences from other jurisdictions, the UK regulation that makes…

Gambling Addiction ・ 05 January 2023

Casino Guardian

UKGC Suspends Online Gambling Operator’s Licence for Failing to Participate in GAMSTOP

The UK Gambling Commission revealed that it has suspended an online gambling company from transacting with British customers after the operator failed to participate in GAMSTOP, the country's safer gambling self-exclusion scheme. As of November 3rd, 2022, LEBOM Limited, which trades from the lebom.app platform, has been suspended from operating…

Industry ・ 04 November 2022

Business Cloud

How to open an online casino UK

New casinos must get a licence, create a top-notch webpage, partner with the best software providers, and more The UK online gambling industry is one of the biggest of its kind in the world. This makes it one of the most profitable and attractive markets for online gambling operators. New entrants can venture into the market to offer players an…

Gaming Authorities ・ 16 September 2022

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Gambling News

UK Gambling Commission Posted Latest Quarterly Operator Data

The Gambling Commission published the latest data related to its ongoing effort to monitor changes in gambling behavior as a result of the current environmental factors in the UK. Tracking gambling data on a quarterly basis since March 2020, the Commission published data gathered from online and in-person operations at Licensed Betting Operators…

Gaming Authorities ・ 05 August 2022

Malawi 24

How to get a valid gambling licence in the UK

Any gambling operator needs to have a licence to operate legally and be trustworthy. Each online casino has to obey specific and strict regulations regarding the operation of online casinos so that gamblers are protected. Here are the terms online casinos have to comply with to be licensed, so you know how to choose a gambling website where you can…

Law ・ 24 June 2022

Technosports

EGBA iGaming Regulator Body In Europe

The European gaming & betting association or EGBA is a Brussels-based trade association that represents the leading online betting and gaming operators established, regulated, and licensed in the EU. It was established in 2017to replace the European betting association of 2003. It was founded by 7 leading operators in Europe Bet-at-home;…

Sports ・ 27 May 2022

Yogonet

Besides LCCP, what other standards should slot sites adhere to?

The UK has certain rules and codes for online casino licensees, which bring required standards in different aspects that slot website operators must adhere to. Ahead of the long-awaited Gambling Act Review White Paper, Pavlos Sideris, Director at Double Up Media, delves into the need forfurther standardization in key aspects, including payment…

Law ・ 27 May 2022

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iGaming Business

Córdoba opens tender process for 10 online gambling licences

Participants will bid for one of 10 online gambling licences on offer, with each lasting 15 years. All bidders must provide their "legal documentation, legal capacity [and] history of technical and economic/financial capacity" to operate online gaming, as well as their offer for a licence fee. Operators will have until 5 July to submit bids, with…

Sports ・ 23 May 2022

Poker News Daily

UK Gambling Commission Fines 888 £9.4 Million

The United Kingdom Gambling Commission (UKGC) has fined 888 UK Limited £9.4 million for social responsibility and anti-money laundering failings. The company operates 78 online gambling sites, including 888.com and 888poker. "Today's fine is one of our largest to date, and all should be clear that if there is a repeat of the failures at 888 then we…

Gaming Authorities ・ 01 March 2022

Vegas Slots Online

UKGC Hits iGaming Firm Greentube with a £685,000 Fine

Novamatic subsidiary Greentube has to pony up £685000 after the UKGC found it guilty of social responsibility and anti-money laundering failures. [Image: Shutterstock.com] The UK Gambling Commission (UKGC) has ordered Novamatic subsidiary Greentube Alderney Limited to pay a £685000 ($912180) penalty, citing social responsibility and anti-money…

Gaming Authorities ・ 03 December 2021

iGaming Business

GC orders Greentube to pay £685,000 for AML and safer gambling failings

A review of the business' activities, launched in December 2020, uncovered failings in the anti-money laundering (AML) policies and safer gambling protocols across Greentube's Admiralcasino.co.uk and Bellfruitcasino.com sites. This amounted to breaches of licence condition 12.1.1, 12.1.2, 15.2.1 of the Licence Conditions and Codes of Practice…

Law ・ 02 December 2021

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Will Ireland create an online gambling authority?

The prospect of Ireland having a fully regulated online gambling market has been on the cards for years. There have been several projections forecasting new laws and legislation, but many setbacks have caused a delay to this coming to fruition. However, it's still widely believed that regulation will happen. The Programme for Government, and the…

Law ・ 23 October 2021

UK News Today

Recap Of UK Gambling Regulations For 2021

As the home of one of the world's largest gambling markets, the UK enforces tough regulatory measures to hamper addiction and gambling-related harm. Adequate regulations are now more necessary than ever, considering the industry has witnessed an increase in online gambling in the past couple of years due to the coronavirus pandemic. The British…

Law ・ 02 September 2021

Yogonet

What does UK gambling market research really means and how can it be used?

ollowing up from our recent analysis at Slotsia of how much the gambling industry has impacted the UK market in recent years, it's clear that its presence has been on an upward trend. A lot of that comes down to its overall visibility. Nowadays, you see major brands advertised across all major social media channels, on TV and at the majority of…

Industry ・ 03 September 2021

Vizaca

Regulation In The Online Casino Industry Increasingly Eats Up Operator Profits

The online casino industry has been around since the 1990s. Antigua and Barbuda became the first overseas licensing jurisdiction with the Free Trade & Processing Act in 1994, and developer Microgaming helped spearhead the launch of the industry as the first functional casino software company. By 1996, over 200 gambling websites had launched, but…

Law ・ 17 August 2021

Inkedin

Quik Gaming Receives UKGC Licence

Quik Gaming has received licence clearance from the UK Gambling Commission, allowing UK online casino operators to integrate Quik's titles. Quik Gaming has hailed the clearance as a "huge step" for the company, which claims its "one-of-a-kind unique Live Games" that are accessible in both single and live player modes. Quik Gaming's COO, Timothy…

Gaming Authorities ・ 29 June 2021

European Gaming

Quik Gaming successfully obtains UKGC Licence

Quik Gaming has secured licence approval from the UK Gambling Commission (UKGC). 'This is a huge step for Quik!,' said Timothy Bartolo Parnis, COO at Quik Gaming, 'as the UKGC is known to have strict regulation requirements to comply with.' The approval, which comes after a long, thorough preparation exercise to meet the stringent criteria set by…

Gaming Authorities ・ 28 June 2021

Casino Guardian

Foreign Gambling Operators Take Advantage of "White-Labelling" Loophole to Access British Players

A recent investigation of The Sunday Times has found hundreds of foreign gambling companies to be taking advantage of an existing loophole in the UK legislation that allows them access to local players. According to reports, BOB Sports, also known as BOB88, and about 700 other unlicensed gambling companies have been using a…

Industry ・ 21 June 2021

Gambling News

UK Gambling Stakeholders Comment on PwC Black Market Report

A new PwC report analyzing the offshore gambling market in the United Kingdom has seen fewer operators but higher participation from online consumers. British sports books and gaming firms have cited a reported conducted by PwC which described the increasing impact the offshore and black markets have on the United Kingdom. According to the report,…

Industry ・ 04 February 2021

Times Of Malta

What is a Malta Gaming Authority licence and which casinos can be licensed?

The fans of gambling are interested in choosing reliable institutions to play at. Those that use original software, conduct games honestly with good returns, pay out winnings without a hitch, protect players' data, and offer favourable conditions for customers can be found at Australian online casino list and are most popular among gamblers. Such…

Malta ・ 15 March 2023