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Self-exclusion system for Problem Gamblers Is Expensive

Wednesday November 19,2014 : VOLUNTARY EXCLUSION FACILITIES DON'T COME CHEAPLY
 
UK Gambling Commission exec updates RGA members.
 
With a set-up cost of GBP 3 million and annual running costs of a further GBP 1 million, it is clear that a voluntary self-exclusion system for Brit problem gamblers does not come cheaply.
 
The numbers were revealed Monday by the UK Gambling Commission exec in charge of the project, Alistair Quigley, in a presentation to members of the Remote Gaming Association.
 
The objective of setting up a database that includes self-exclusions by internet punters requires the development of a system through which troubled punters can disqualify themselves from all gambling activity, either through a UK licensed online casino site or directly with a preferably non-gambling central venue.
 
Such a system is a requirement of the major changes the British government has imposed on the industry recently
 
That sort of interface integration on a large scale will entail the involvement of both operators and software providers, and a working group is already in place that includes the Remote Gaming Association and major members like Paddy Power, Betfair, William Hill, bet365 and Skybet.
 
There are also privacy and legal considerations that have to be taken into account, as well as security precautions against fraud or other questionable activity, and measures to ensure that marketers do not target individuals who have self-excluded.
 
Apparently the plan is to solicit tenders from third party software providers for the complicated and widespread technical work required.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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