The head of the Department for Culture, Media and Sport (DCMS) has been retained by the new prime minister, Andy Burnham, after he announced his cabinet reshuffle yesterday. As such, Lisa Nandy will retain her betting industry brief, working alongside the current gambling minister, Baroness Twycross. The news was less rosy for Rachel Reeves. The […]
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Unlicensed Betting Firms Banned from Sponsoring UK Sport Under New Government Plans
The UK government wants to stop unlicensed betting operators from sponsoring UK sports teams and events… and is prepared to change the law to make it happen. Their Department for Culture, Media and Sport (DCMS) has launched a consultation this week that will seek responses to the question: should offshore gambling firms be allowed to […]
Rank Group Cuts Staff and Faces Up to £5 Million Gambling Commission ‘Fine’
One of the UK’s biggest employers in the gambling sector has confirmed that it has made redundancies as a reaction to the tax hikes imposed upon the industry. The Rank Group, whose brands include Grosvenor Casino and Mecca Bingo, is also facing regulatory action from the Gambling Commission – which it hopes to settle at […]
ECB Forced to Make Humiliating U-Turn on Hundred Gambling Sponsor Ban
The England and Wales Cricket Board (ECB) has been forced to allow gambling firms to sponsor the teams playing in the flagship The Hundred event due to a lack of interest from elsewhere. The Hundred is a family-friendly competition and the ECB have been keen to resist betting operators from getting involved as sponsors and […]
Gambling Commission Officially Green Lights Controversial Financial Risk Assessments
Big spending punters will now be subject to financial risk assessments after the Gambling Commission finally green lit the scheme. The checks were expected to be implemented earlier this year following what the regulator described as a ‘successful’ pilot scheme. However, after facing a volley of criticism over the lack of parliamentary or independent scrutiny, […]