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Industry unease:The Guardian reported that the upcoming review has prompted concern from numerous online casino and sportsbetting firms with the Betting and Gaming Council lobby group warning that the implementation of overly-strict rules may well fuel the emergence of a parallel market featuring negligible customer safety protocols.Imminent introduction:Insiders reportedly told Sky News that UK Tote Group now expects to use the fresh capital to strengthen its balance sheet and fund its entry into the domestic football betting scene.Reportedly read a statement from the Betting and Gaming Council…“It is important that ...
The nation’s current ‘while-label’ licensing system is to purportedly likewise be examined in an effort to create a more responsible and accountable iGaming landscape.According to a Friday report from The Guardian newspaper, the evaluation of the Gambling Act 2005 is due to be conducted by the Department for Digital, Culture, Media and Sport (DCMS) amid mounting concerns regarding online gambling’s role in wider society.”...
Possible protections:The Guardian reported that the enquiry could well result in iGaming operators licensed in the United Kingdom being obliged to introduce maximum stake levels in addition to monthly loss ceilings.In the United Kingdom and a wide-ranging review into existing gambling laws is reportedly set to be launched from later this week that could result in locally-licensed iGaming firms being required to institute a more stringent range of protections and controls. Such firms may purportedly moreover be required to begin performing enhanced player affordability checks and establish a new ‘single customer view’ policy where multiple firms would pool information on potentially vulnerable clients....
In the United Kingdom and a wide-ranging review into existing gambling laws is reportedly set to be launched from later this week that could result in locally-licensed iGaming firms being required to institute a more stringent range of protections and controls.Imminent introduction:Insiders reportedly told Sky News that UK Tote Group now expects to use the fresh capital to strengthen its balance sheet and fund its entry into the domestic football betting scene. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing....
