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2024-04-28 20:11:30
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According to a Friday report from The Guardian newspaper, the evaluation of the Gambling Act 2005 is due to be conducted by the Department for Digital, Culture, Media and Sport (DCMS) amid mounting concerns regarding online gambling’s role in wider society. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing.Divergent direction:Previously a state-owned enterprise, the UK Tote Group was purchased by British online and land-based sportsbetting behemoth BetFred in July of 2011 as part of a deal that was said to be worth around ￡265 million (5....
In the United Kingdom and a wide-ranging review into existing gambling laws is reportedly set to be launched from later this week that could result in locally-licensed iGaming firms being required to institute a more stringent range of protections and controls.Possible protections:The Guardian reported that the enquiry could well result in iGaming operators licensed in the United Kingdom being obliged to introduce maximum stake levels in addition to monthly loss ceilings. The nation’s current ‘while-label’ licensing system is to purportedly likewise be examined in an effort to create a more responsible and accountable iGaming landscape....
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