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Stiffer Problem Gambling Penalties in UK

U.K. GAMBLING COMMISSION PLANS STIFFER PROBLEM GAMBLING PENALTIES
 
New enforcement strategy on problem gambling and AML will be published this month.
 
The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem online gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.
 
The CEO of the Commission, Sarah Harrison, recently warned in an industry address that gambling firms can  expect tougher policing to ensure they were not used for money laundering, claiming that recent cases had shown a “a lack of curiosity, and at worst, a leadership culture which puts commercial gain over compliance”.
 
She warned the Commission would abandon the “blanket approach” of reaching settlements with offending firms and would be more likely to review their license to operate in the UK. These remedies are expected to be part of the new strategy.
 
“We will put all access to all tools, including license review [...] on an equal footing. Parliament gave us a wide range of regulatory tools for a reason,” she said, adding that sanctions were likely to include “higher penalties”, particularly when a company was guilty of “repeated failings”.
 
Harrison referenced long-drawn out settlement deals to settle operator non-compliance issues, saying that in future the Commission will not permit licensees to spend months negotiating deals in which they finally agree a voluntary payment for their misconduct.
 
She said these settlement negotiations were taking too long and that the Commission is consulting on the introduction of time-limited negotiations in such matters. This could mean that there would be financial penalties attached to unreasonable delays and obfuscation instead of fast resolutions and pay-outs.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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