Tag Archives Commission

Betfred.com operator hit with Gambling Commission fine

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The United Kingdom Gambling Commission (UKGC) has ordered the operator behind the online casino and sportsbetting domain at Betfred.com to pay a fine of just over £337,000 ($417634) for failing to carry out adequate anti-money laundering checks. The British regulator used an official press release to detail that it began an investigation into Petfre ...

Century Casino gets green light from West Virginia Lottery Commission to acquire Mountaineer Casino, Racetrack and Resort

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After originally announcing the acquisition in June this year, the West Virginia Lottery Commission has approved the sale of the Mountaineer Casino, Racetrack and Resort from Eldorado Resorts, Inc. to Century Casinos, Inc. (CNTY:NASDAQ CM). Located on the Ohio River just north of New Cumberland, West Virginia, the thoroughbred racetrack and casino resort originally ...

EveryMatrix Software Limited suffers Gambling Commission suspension

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In the United Kingdom, the Gambling Commission regulator has announced that it has suspended the operating license for Maltese online casino firm EveryMatrix Software Limited following the conclusion of an investigation. The regulator used an official Thursday press release to declare that it had instigated the examination due to concerns over ‘compliance activity’ and ...

Gambling Commission set to require Gamstop integration

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The United Kingdom Gambling Commission is reportedly set to require all licensed online casino and sportsbetting operators to sign up to the Gamstop self-exclusion system. According to a Sunday report from The Guardian newspaper, Gamstop was developed by the Remote Gambling Association and allows punters to voluntarily sign up to a service that prevents ...

Gambling Commission shuts down 1xBet while investigating relationship with FSB Technology

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Players of 1xBet will have to find an alternative now that the brand is currently shutdown due to an investigation by the Sunday Times. The investigation saw the newspaper look into the company’s activities around the world, which resulted in details revealed involving wagering on children’s sports, topless croupiers and illegal websites used for ...

Ladbrokes Coral Group ordered to pay $7.1 million Gambling Commission fine

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In the United Kingdom and giant land-based and online bookmaker, Ladbrokes Coral Group, has reportedly been hit with a fine of £5.9 million ($7.1 million) for failing to fulfill its social responsibility obligations and prevent money laundering. Historical inadequacies: According to a report from The Guardian newspaper, the financial penalty represents one of the ...

Gambling Commission bemoans lack of authority to police video games

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A pair of officials from the UK Gambling Commission have reportedly told legislators that their body currently has little authority to police the purchase by video gamers of extra in-game content and so-called ‘loot boxes.’ Extra attractions: According to a Monday report from the British Broadcasting Corporation (BBC), the player packs offered by the ...