UKGC enhances understanding of gambling harm
By revising its survey questions, the UK Gambling Commission is improving its comprehension of harm associated with gambling.According to Laura Balla, the UKGC's head of...
UKGC fines Star Racing almost £600k
Star Racing has recently received a fine of 594 thousand pounds from the UKGC.
The gambling regulator has recently announced its latest penalty, which fined Star Racing for various AML and gambling responsibility shortcomings. The commission stated that the operator’s failures took place between 2020’s March and the following year’s May.
The first of the operator’s failures mentioned by the UKGC was its AML shortcomings, which included inadequate AML policies and standard procedures. The regulator also added that Star Racing allowed certain players to make large-scale deposits before they had verified the source of their funds and that it failed to adequately analyze the proofs provided by its customers after acquiring them.
Star Racing’s responsibility shortcomings, on the other hand, mainly involved inadequate player interactions, which are used to minimize the risks of gambling harm to gamblers. The UKGC stated that the firm did not demonstrate an adequate understanding of the efficacy of such interactions in preventing and combating gambling harms among players.
Last week, the UKGC announced that it will be initiating several consultations throughout the next few weeks as part of its strategy to implement the changes proposed by the United Kingdom’s gambling legislation white paper, which was released a few months ago. Read more about the commission’s announcement here.
888’s UK license review concludes without penalties
The UK Gaming Commission undertook a thorough investigation into 888, a well-known operator.This inquiry began after FS Gaming, an investment firm controlled by Entain's...
