The UK Government has responded to the consultation on the EU 4th Money Laundering Directive by exempting part of the gambling sector. Only land based and remote casino operators will be subject to the new regulations due to be introduced in June this year.
The Gambling Commission has published their annual report on gambling behaviour, awareness and attitudes and even though it suggests almost half of the UK’s adult population gamble, it seems that gambling operators have some work to do to improve public perceptions of the industry.
A cross party Parliamentary Group has released a scathing report on Fixed Odds Betting Terminals (FOBT’s) calling for the government to tighten up regulation.
The Gambling Commission has published details on their findings into an investigation revealing failures at TGP Europe Ltd and Fesuge Ltd relating to clarity of terms and conditions on a Cheltenham Festival bonus promotions offer in March 2016.
In November 2016, the Gambling Commission published their annual report on young people and gambling indicating that 75% of 11-15 year olds have seen gambling advertisements on TV and almost one in ten follow gambling companies on social media sites. These figures were released in a climate where companies have been criticised for marketing campaigns which are likely to appeal to children. A notable example was Ladbrokes who were singled out by the Advertising Standards Association (ASA) for an email featuring an image of comic hero Iron Man.