Andrew Cotton’s Post

A quick summary on how the Gambling White Paper will affect players 🎲

A recent article I co-wrote with Tom Whitton on the Gambling Commission's latest consultation response on proposed amendments to the Licence Conditions and Codes of Practice (LCCP) for the Mishcon de Reya Accumulator Blog. #gamblingnews #bettingandgaming #innovationinlaw

In 2023, the Danish gambling landscape was relatively quiet, but 2024 is set to bring about the most significant legislative changes since the liberalisation of gambling laws in 2012. 🃏 Insights from Mikkel Taanum reveal a comprehensive overview of the past year in Denmark, including the introduction of the requirement to identify yourself when placing bets in brick and mortar betting shops, and a few other interesting decisions. 💰🎲 In November 2023, a draft amendment act to the Danish Gambling Act (DGA) was notified to the European Commission, marking the beginning of a major shift in the Danish gambling system. The goal is to strengthen action against match-fixing, improve sanctioning options, increase data processing, change fees for slot machines, and make various adjustments to the gambling sector. For a more detailed look at the Danish gambling market in 2023 and what to expect in 2024, check out the full article via the link below 👇

Latest from UK: Second Gambling Act review consultations round opens 💡 Gambling Commission's second set of consultations will run for 12 weeks 💡 Second round to focus on five key topics 💡 To cover social responsibility, customer-specific tools, transparency of funds and regulatory data https://lnkd.in/ejsD2qGY

The close of February sees the Gambling Review reach a definitive stage, as 'The Guardian understands' that on Friday the government will announce new online slot stake limits of £5 and a £2 cap for under-25s. The industry will be tuned in to Parliament's debate responding to UK racing's petition to abandon financial risk checks as proposed by the White Paper – deemed not feasible for recreational punters. Ahead of the debate, GambleAware publishes independent data stating that 60% of UK adults support risk checks as a preventative measure to reduce exposure to gambling harms. The UK Gambling Commission stands by its White Paper consultations on key disciplines, with no intention of revisiting or reopening debates on the regulatory future of UK gambling. https://lnkd.in/daRhd6SS

🎲 The UK Gambling Commission presents its new Corporate Strategy for 2024-27, titled 'Regulating Gambling in the Digital Age'. Marcus Boyle, Chairman, and Andrew Rhodes, Chief Executive and Commissioner, highlight the Commission's commitment to the reforms outlined in the Government's White Paper. The strategy focuses on key areas such as using data for more effective regulation, improving core operational functions, and setting clear requirements for license holders. With a proactive approach and transparent regulation, the aim is to ensure a fairer, safer, and crime-free gambling market. #GamblingCommission #RegulatingGambling 🎰🔒

The California Gambling Control Commission has unveiled its strategic plan for the years 2024 to 2027. This comprehensive plan outlines the commission's key objectives, initiatives, and focus areas for the specified period. For a detailed overview of the strategic plan and its implications, you can read the full press release: https://lnkd.in/dKsW58Cw #CaliforniaGamblingControlCommission #StrategicPlan #GamingNews #RegulatoryUpdates #2024to2027

The UK is making new rules for gambling companies. The Gambling Commission (GC) and Betting Gaming Council (BGC) are making these rules to help people who spend a lot on gambling. The GC has set some important rules for companies: 📌 Light-touch financial vulnerability checks for customers with a net monthly gambling deposit of more than £150 ($187.29). 📌 Frictionless financial risk assessments in a pilot for six months, using data from gambling companies to assess financial harm. 📌 Removal of intense features such as autoplay, 'turbo,' and 'slam stop,' as well as casino spin speeds of less than five seconds, multi-game play, and others. 📌 Reduced direct marketing, requiring operators to provide opt-out options to limit gambling ads. The UK is known for making detailed rules for gambling companies.

Next in our White Paper Series, Christopher Biggs considers the Gambling Commission's proposals in its Autumn Consultation for changing the timing and frequency of regulatory returns. #whitepaper #gamblingreview #regulatoryreturns https://lnkd.in/eG67SNzH

What could a Labour Government mean for gambling companies and the UK’s review of the Gambling Act? Atticus Senior Consultant Alexander T. discusses the pressures that a new Government may come under from campaigners, and the regulatory environment in the UK that at present, prevents the sector from modernising. Read here: https://lnkd.in/e6vTbz2q