UK Gambling Commission Executive Director Tim Miller said the regulator will be seeking the view from industry stakeholders on a number of regulatory issues, such as whether the UKGC can improve the way it calculates financial penalties for regulatory breaches. Miller has also announced a new approach to consultation based on “consultation windows,” with the commission aiming to set out two periods a year where any consultations will be published. The UKGC executive director announced the changes at the CMS Gambling Conference in London on Wednesday. The Commission is looking to modify how it carries out consultations based on feedback…
Author: OnlineGamblingDaily
Sports betting operator Betfred Sports announced an agreement with Long Shot’s -a 100% female-owned OTB parlor- in Frederick, Maryland to bring retail and online sports betting to the state pending regulatory approval. In a press release issued Wednesday, the company announced that a temporary retail sportsbook will be adjacent to the Maryland Jockey Club’s OTB within Long Shot’s for the 2022 football season. Scheduled to open in September, the sportsbook will consist of in-person betting windows and self-serve betting kiosks. A permanent 8,800 square feet state-of-the-art retail sportsbook will open just after the first of the year. The stable facility will include…
Global provider of sports betting and online gaming solutions Digitain announced that Luís Figo, a soccer legend and former Portuguese national team player, will become the new brand ambassador for the company. In a press release issued Wednesday, the company announced the agreement, highlighting that Figo is considered one of the finest players of his generation. He played as a winger for such teams as Barcelona, Real Madrid, and Inter Milan, and won four La Liga titles, four Serie A titles, one UEFA Cup Winners’ Cup, and a UEFA Champions League title during his career. The announcement also noted that…
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Things were going so well for mobile sports bets that something eventually had to go wrong. And that’s exactly what happened in North Carolina last week. Yes, sports betting is legal there, but placing bets using your phone or laptop won’t be happening anytime soon. There was a small bit of hope that some last minute political maneuvering could bring a deal together, but it was not to be. Now, the legislative session has adjourned, and with them go any hopes of mobile sports bets in the state this year. What was the hold up? As usual, there were concerns…
Online sports betting is becoming increasingly popular in Maryland as more and more people look for ways to place bets on their favorite teams. There are a number of reasons why this is the case, but one of the most significant is that it offers a convenient way to do so. Unlike traditional brick-and-mortar sportsbooks, online sports betting sites can be accessed from anywhere with an internet connection. In other words, you can place bets on your favorite teams from the comfort of your own home or even on the go. Another reason why online sports betting is becoming more…
The Premier League – the top level of the English football league system- has requested clubs to vote on whether to bring in a voluntary ban on gambling sponsorship on shirts before potential government action, which could now be affected by UK Prime Minister and Gambling Minister’s resignation on Thursday. Half of last season’s 20 top-flight teams had betting sponsors on their shirts, with the government hoping to decide on a ban before July 21. The Premier League supports a voluntary move where gambling sponsors are phased out within three years. To this end, 14 of its 20 clubs would…
International Game Technology (IGT) announced Thursday the release of its 2021 Sustainability Report, which outlines the company’s demonstrated environmental, social, and governance (ESG) performance. In a press release, the company stated that its 15th annual Sustainability Report “validates the company’s commitment to operating as an industry-leading sustainable business and illustrates its latest achievements in generating value for its stakeholders”. Vince Sadusky, IGT’s CEO, stated: “IGT understood the vast importance of sustainability 15 years ago when we issued the company’s first Sustainability Report, and our 2021 Sustainability Report underscores the progress we have made since then. We are developing our sustainability…
The UK Gambling Commission announced Thursday it has decided to suspend the operating license of the iGaming website bet-at-home.com as it carries out a review under section 116 of the Gambling Act 2005. The suspension takes place immediately. The review and consequent suspension follow concerns that activities may have not been in accordance with the conditions of their license and that the licensee may be unsuitable to carry on its activities within a legal framework. Suspected social responsibility and anti-money laundering failings were key considerations in the decision. “We have made it clear to the operator that during the course of…
Grosvenor Casino and Leicester Travelodge, a chain hotel and casino located in Leicester City, England, is up for sale with a £10.2 million ($12.2 million) asking price. Leicester Travelodge boasts 95 rooms across four floors, and underwent a £325,000 ($389,720) refurbishment in 2014 as part of a modernization program. According to LeicestershireLive, Victor Ktori, head of the Nottingham office at Savills, the real estate company in charge of the sale, said: “The property represents a rare opportunity to acquire a significant piece of city center real estate, immediately adjacent to Highcross Shopping Centre. Initial interest has been strong from a broad…
Third-party app approved by state lotteries Jackpocket announced Tuesday its launch in Montana. Players in the state can now place ticket orders for lottery games including Powerball, Mega Millions, Lotto America, Lucky for Life, Montana Cash, and Big Sky Bonus on Jackpocket’s mobile application. The platform allows players to place ticket orders, view an image of their ticket, check lottery results, and even receive prizes up to $599 directly on the app. If players win more than $599, the winning ticket will be transferred to them for redemption at the Montana Lottery. Jackpocket is now available in Montana! First-time players can…
The International Center for Gaming Regulation (ICGR) at the University of Nevada, Las Vegas (UNLV) has added two more online seminars for next month. The first one of them is called “Understanding iGaming: Regulations, Operations & Marketplace,” to be held on August 9 and 10. This two-day seminar program seeks to position operators and regulators to better understand iGaming operations, regulatory guidelines, and the marketplace in which iGaming exists. Seminar topics include the legal framework that has given rise to iGaming, understanding the players in the marketplace, social-ethical concerns, current and future market sizing of the U.S. iGaming opportunity, among others. The activity…