Tag Archives: UK

LeoVegas Casino to save $12M/yr in Software Migration

LeoVegas migrates 12 casino software brands over to its proprietary platform. A lot of people are working from home these days. For some companies, the transition has been difficult. For others, they continue to thrive. The heads of LeoVegas Casino actually found this to be a perfect time for some much needed in-house remodeling. The tasked their at-home employees with integrating 12 independent software brands into their proprietary platform. The move is projected to save the company $12 million per year. LeoVegas is one of the UK’s most recognized online casino platforms. It’s not just famous for its widely marketed lion, but its seemingly endless plethora of games, made available by the company’s large-scale approach to licensing every virtual casino software studio under the sun. It’s a great tactic for attracting players who appreciate variety, but also an expensive one, as each software licensing contract comes with an intermittent licensing … Continue reading

Posted in Slots | Tagged , , , , , , , , , , , | Leave a comment

Why You Don’t F— with the UKGC

UKGC reminds online gambling operators why proper reporting of source of funds is so important. For years I’ve lauded the strict standards of the United Kingdom Gambling Commission (UKGC) as the best in the world. The agency’s commitment to player protections and the prevention of criminal activity is commendable. No other online gambling regulator has taken so many actions against its licensees for failure to comply with the law. Last month, the UKGC decided to reiterate the case of MaxEnt Limited, a former remote gambling operator that had its license revoked back in June of 2019. Why rehash the six month old story of a failed iGaming operator? Because it makes one very good point that the regulator believes its current and future licensees need to understand: You don’t F— with the UKGC. UKGC Reminder for Online Gambling Operators The incident that led to MaxEnt’s loss of license was one … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Deliberating the Proposed Ban on Credit Cards at Internet Casinos

iGaming credit card ban a fix for problem gambling, or just an inconvenience? In the last two weeks, the iGaming headlines have been alight with news that some remote gambling jurisdictions may institute a ban on credit cards at internet casinos. First, the UK announced it was organizing a study to look into the matter. Then, the very next week, New Zealand‘s gaming regulators proposed a ban on credit card gambling deposits. The fact that the UK is even considering it is, of course, going to raise a red flag for all responsible gaming jurisdictions. The UK operates is the world’s most functional and successful iGaming market, setting a high bar for others to follow. The topic we aim to deliberate on today is not whether such a ban will or will not be imposed, but rather… Can an iGaming Credit Card Ban Fix Problem Gambling? New Zealand’s Department of … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

The Shameful Promotion of Gambling without Morals

UK vs Canada Gambling Laws – A Simple Comparison Turns Ugly! Welcome, and thank you for your interest in reading what I’ve written hear today, but I warn you, the information you’re about to read, while factual (on my end) and informative (to those vested in iGaming) also includes my own ranting over the irresponsibility of others who seek only dollar signs, ignoring the humane side of this unique and volatile industry. With that being said, if still interested, please continue… I read an (arguably?) ill-conceived editorial today that had me scratching my head. I’m not going to name names or link to it for several reasons. First of all, I don’t wish to spread some of the ideals found within it. Secondly, it wasn’t a famous person or media outlet that published it. It was nothing more than a thoughtless online gambling affiliate looking to push some promotional links. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Gamesys Hit with £1.2M Fine from UK Gambling Regulator

UKGC slaps Gamesys with £1.2 million fine for regulatory compliance failures. Gamesys, a European developer of digital gaming software and content supplier of the immensely popular Jackpotjoy online gambling operation, is reeling this week from a proverbial bitch-slap by the UK Gambling Commission. Following a lengthy investigation, the UKGC found Gamesys guilty of multiple violations, worthy of a combined penalty of £1.2 million in fines. As is often the case when the UKGC’s investigators come knocking, Gamesys conceded to the evaluation of wrong doing and coughed up the 7-figure payment without argument. In turn, the UKGC gave the company credit for making “proactive and timely improvements” to address the violations. Gamesys Fined for Regulatory Compliance Failures According to the UKGC’s media release on Wednesday, Gamesys was penalized for “failing to prevent gambling harm and breaching money laundering regulations.” The Commission’s probe was the result of a police investigation that found … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Is Will Hill Seeking Renewed M&A Courtship with Caesars?

Caesars Entertainment fails in €3bn bid to takeover UK sportsbook William Hill. The gambling industry, both online and on land, has been a volatile one of late. It’s incredibly lucrative, don’t get me wrong, but competition is so fierce, no one is safe. Caesars Entertainment and William Hill are among the most recognized casino and sportsbook brands in the world, yet both have experienced more than their fair share of hardship in recent years. Caesars just emerged from bankruptcy in late 2017. Billionaire investor Carl Icahn upped his stake in the company to 17.75% earlier this year, giving him majority influence. His first and foremost recommendation has for Caesars to seek out serious M&A offers. And wouldn’t you know, William Hill’s been down on its luck – why not start there? Caesars Attempts €3bn Takeover of UK Sportsbook William Hill According to a recent report in The Sunday Times, negotiations … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

UKGC Investigating Ladbrokes Sportsbook… Again!?

UK regulator to probe Ladbrokes Sports over promotional player profiling? The UK Gambling Commission (UKGC) has been on the warpath for well over a year now, seeking out any remote gaming operator that may be in violation of the region’s strict online gambling regulations. If the UKGC gets wind of inappropriate behavior, it will investigate, and if non-complaince is discovered, the result could be anything from a hefty fine to revocation of the company’s operating license. Stripping a license seems like an empty threat at this point, seeing as how the UKGC has never gone so far as to even temporarily suspend a license, regardless of the severity of any violation. These operators are their bread and butter, after all. Why eliminate your revenue source when you could fine it up to 7-figures? But I digress… According to the most recent reports, one of the British gaming regulators’ largest repeat … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Problem Gambling Down in the UK, Others to Follow?

UK sets bar for responsible live & online betting as problem gambling rate falls. For the last five years, the United Kingdom Gambling Commission (UKGC), the authority responsible for regulating all gaming related activities across England, Scotland and Wales, has been setting a strict standard for other reputable jurisdictions to follow. The UKGC’s ultimate goal is to protect customers, prevent fraud, and provide a safe, harmless environment for residents who enjoy gambling entertainment, both online and on land. The latest reports from the Commission show that their ongoing mission has been a successful one thus far. According to a recent poll, the rate of gambling addiction has fallen in the last year. While it’s not what anyone would call a landslide, any reduction in harmful behavior is a good sign for the future, and one that UKGC’s extensive efforts are making a difference. Problem Gambling Rate Down Compared to 2017 … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

3 Craziest Roulette Winners of All Time

The craziest winning roulette bets you probably shouldn’t mimic. I’ve seen some pretty wild wagers in my days. I might have even made a few, But none of them compare to the stories I’m going to share with you now. These are the tales of three very different men who took similarly huge risks at the roulette table. I’m not talking about billionaire businessmen who toss millions at the casino every year. I won’t regurgitate the story of Sean Connery’s 3-in-a-row, let-it-ride wins on black 17. Although considerably crazy roulette winners, players like that have nothing to fear from a loss. The guys I’m going to tell you about put everything on the line! Craziest Winning Roulette Bets of All Time Before I get into the details of these stories, please consider just how crazy these actions were. I do not recommend following in their footsteps! Unfortunately, many people have … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

MGA Orders 4 Online Gaming Licensees to Cease Operations

The Maltese Gaming Authority promised it would protect online gamblers with a heavy hand, and is proving it means business. In seven days, the regulator revoked or suspended four online gambling licenses, ordering the owners to “cease operations immediately”. After decades of circumspect behavior in the global iGaming industry, a few regulatory bodies are taking the protection of players more serious than ever before. If you’ve followed internet gaming news at all in the last few years, you probably guessed the UK is one of them. The other is the Malta Gaming Authority (MGA); the only other international regulatory body to mimic the UK’s bar-setting example so closely. After thoroughly revamping its remote betting guidelines last year, the MGA promised its plethora of licensees that they mean business. Operators received plenty of notice as to what would and would not be acceptable practices come 2019. It was a classic case … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment