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Gambling: Official Opposition calls for restrictions on white-listings

Also using the UK Gambling Commission numbers this week was the political opposition Conservative Party, which claimed that 'nearly a quarter of a million more' people gambled online last year compared to 2007 when advertising was permitted for the first time.
 
The Gambling Commission estimates that 7.4 percent of online gamers go on to develop an addiction to betting, reported the Daily Telegraph, leading the Tories to suggest that there could be an additional 17 760 people with a problem.

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Tory politicians criticised the Labour government for failing to crack down on Internet gambling sites based overseas, which may have fewer safeguards such as contact numbers for helplines and limits on stakes, they claimed.  The party would block sites from advertising in the UK unless they met the regulatory standards set by the Gambling Commission, and remote licences would be issued only once a company complied with the rules, opposition MPs stressed.
 
Firms would then be charged a fee to adopt a British standard kite mark advising customers that the site was safe and approved.
 
Tobias Ellwood, the shadow gambling minister, said: "The Government has been happy to sit idly by and do nothing to stop the surge in unregulated online gambling. With each year that passes more people are getting addicted to these sites which offer little consumer protection.
 
"Companies that advertise here must meet the UK's regulatory standards. We must ensure that online gambling is done in a responsible and safe environment.''
 
A spokesman for the Department for Culture and Sport rejected the Conservatives' calculations, however, saying that official research showed that gambling addiction remained stable at 0.6 percent of the population.
 
She added: "There is no basis in fact for this claim and the reality is that levels of problem gambling have not risen since 1997. Whilst it is true that more people are gambling online, it does not necessarily follow that more are becoming problem gamblers."
 
Last year, 3.36 million adults, 5.6 percent of the UK population, played gambling games online, compared to 3.12 million, or 5.2 percent, the year before. The preponderance of gambling continues to occur on the National Lottery.
 
Firms can obtain a licence to advertise in the United Kingdom only if they are registered in the UK or European Economic Area, or based in a country which appears on the "white list" of approved nations. This includes Antigua and Barbuda, Gibraltar, Malta, Alderney and the Isle of Man.

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Gambling News :

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.

SOUTH KOREANS BUSTED IN THAILAND ON ONLINE GAMBLING CHARGES - Those detained were named as Jeong Kyujin (35), Han Kyoreh (26), Choi Sung Ming (35) and Bae Jeonghwan (26), all of whom claimed that they had bene hired by a Korean man to operate online gambling sites.

China Lottery Sales Up in 2016 - The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).

New chairman and a new director for 500.com - Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.

Russian betting Sites to face rise in tax rates - Online bookies also pay a 1 percent commission on each transaction through the TSUPIS, and face levies at 5 percent of GGR to assist Russian sports federations.

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