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UK GAMBLING COMMISSION REPORTS ON THE YEAR

The UK Gambling Commission published its annual report for 2008-2009 this week, revealing that a total of 520 operating licences were issued during the year, mainly to small operators or converted lottery licences, of which the majority went to land betting operators, gaming machine suppliers and society lotteries.
 
As at 31 March 2009, a total of 4 166 operating licences were active. In addition 4 271 personal licences were issued. 

The Commission's Licence Conditions and Codes of Practice were revised, setting out the regulatory framework within which licensed operators must provide facilities for gambling. The new edition of LCCP came into force on 1 January 2009.
 
Other important achievements during the year included:
 
* Significant progress made in implementing a risk based approach to compliance and enforcement - as acknowledged by the Hampton Implementation Review;
 
* The Commission's recommendations on research, education and treatment were accepted and the new Responsible Gambling Strategy Board set up;
 
* A revised Guidance to Licensing Authorities was published which reflected the Commission's experiences in applying the Gambling Act to date;
 
* Completion of an initiative aimed at streamlining the organisation to improve its efficiency as a regulator.
 
Issues considered over the year included primary gambling activity, house lotteries, whether bingo machines are gaming machines, betting in pubs, and betting integrity particularly in sports betting. Time and effort was invested in developing a better understanding of the interpretation and practical implications of the 2005 Gambling Act, making sure that the gambling industry understands the need to comply with licensing objectives, especially in an industry challenged by world-wide economic recession. 

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The Commission's valuable research projects have produced a stream of useful gambling industry statistics which are published from time to time, and the Commission has prepared a separate publication alongside the report and accounts for 2008/09 to cover gambling statistics for the year 1 April 2008 to 31 March 2009.  This includes basic information on each industry sector - betting, bingo, casinos, gaming machines and arcades, lotteries and remote gambling, and will be published soon.
 
The Commission has also revamped its website at www.gamblingcommission.gov.uk, which is now split more easily into the different gambling sectors following consistent feedback requesting this change. There will also be a new section for licensing authorities.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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