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”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. 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....
’ She purportedly moreover proclaimed that the operator intends to use the fresh capital ‘for investment into the core platform on which we offer our digital racing pools product’, which will give it the added ability ‘to expand into other sports.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.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....
It was taken over by a consortium of racing owners and investors calling itself Alizeti Capital Limited in October of last year and is said to be eager to expand well beyond its traditional horseracing-focused market.The DCMS is to reportedly furthermore look into the prospect of requiring licensed iGaming firms to slow the speed of slot spins and submit to a revised testing regime that could set bespoke wagering limits for individual games.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....
The move will purportedly no doubt also be welcomed by advocates for tighter regulations, which include a group of more than 50 parliamentarians alongside those who may be recovering from an addiction to gambling. 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.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....
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.Spacious scope:The neslot machine 007 sntiwspaper reported that the broad review into the legislation ratified during the administration of former Prime Minister Tony Blair is to commence with a ‘terms of reference’ stage under the direction of Sports Minister Nigel Huddleston (pictured) before moving on to consider multiple ways in which the country’s iGaming landscape may be made safer and less prone to abuse.Reportedly read a statement from the Betting and Gaming Council…“It is important that ...
