Department of Trust’s Post

Isabelle Falque-Pierrotin (French Online Gambling Regulatory Authority) published a foreword in #Concurrences 1-2024 titled “The regulation of gambling and betting: Balancing the sectors in the face of competition and innovation”. Read more here: https://shorturl.at/EIMR7 The article examines that the gambling market is unique in creating negative public health externalities; however, these specific features and the constrained regulatory framework have not prevented the French market from developing vigorously. #autoritenationaledesjeux #gamblingmarket #gamblingregulation #concurrence #droitdelaconcurrence #competitionlaw#antitrustlaw #Europeanlaw

The number of people being investigated by the Gambling Commission for potential ‘cheating’ when placing bets on the timing of the General Election appears to be growing. Unsurprisingly it’s been mentioned a lot in the last few days that a person commits an offence under s.42 of the Gambling Act 2005 if they ‘cheat’ at gambling. Relevant case law and the Commission seem to place weight on the use of ‘inside information’ to gain an ‘unfair advantage’. Leaving aside potential criminal sanction, what else follows? Will this affect the future of 'specials' markets? Will this add to the current review of the gambling market in the UK? Will operators be checking their terms and conditions and ensuring they can void the bets or possibly even rely on an indemnity? Will the Commission void the bets because they are ‘substantially unfair' (s.336)? Will there be other punters being investigated for the same bets? All very interesting…. (to me, anyway!) As a final point - credit to the operators involved for picking this up! Clearly their checks work.

🇬🇧 If you missed Vixio's recent (free) webinar about the UK Gambling Act Review, it's now available to watch 'on demand' below. It’s now over a year since the white paper was published, and the review is in full swing, but several key questions remain unanswered. Robust affordability checks, the safer gambling levy, a gambling ombudsman and many more promised reforms are still to be delivered, with the arrival of a new government adding another layer of unpredictability. The webinar brought-together a panel of experts to discuss this evolving era of gambling regulation in the UK, and what it means for #gambling businesses in Britain. The panel: 🎤Joe Ewens, Vixio Regulatory Intelligence 🎤Tim Miller, Gambling Commission 🎤Sarah Fox, Department for Culture, Media and Sport 🎤Bahar Alaeddini, Harris Hagan 🎤Dan Waugh, Regulus Partners 🎥 Watch it back here: https://lnkd.in/eAjUhz4v. #gamblingregulation #gaminglaw #gamblingcompliance

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

The landscape of the gambling industry in the UK continues to evolve, shaped by increasingly more stringent regulations designed to protect consumers 🎲 The UK’s gambling sector is one of the largest in Europe, so what exactly has changed for consumers and businesses? Find out everything you need to know in our latest blog post: https://bit.ly/3WNcTBJ

The Danish Parliament has adopted significant amendments to the Act on Gambling aimed at bolstering the regulatory powers and effectiveness of the Danish Gambling Authority (DGA). The changes, effective from 1 July 2024, mark a substantial shift in the authority’s ability to combat illegal activities and enhance transparency within the gambling sector. The DGA now possesses improved sanction options, including the authority to issue orders and sanctions directly. Previously, the DGA could only warn license holders or refer cases to the police. If a license holder breaches the gambling legislation under the new regulations, the DGA can issue an order or a sanction. Failure to comply could result in police involvement or license revocation. Read the full story ➡ https://lnkd.in/dyQNzJvm #europe #denmark #gambling #gamblingnews #regulation

A few words about the importance of highlighting the positive aspects of the gambling industry. https://lnkd.in/dUdt7b8Y

Phased implementation of the first tranche of changes to Licence Conditions and Codes of Practice and Remote Technical Standards following the Gambling Commission's Summer 2023 Consultations on Gambling White Paper Reforms: https://lnkd.in/etkZ6Hkf

The gambling reform in Finland moves forward. Since our last blog post with Axel Hård af Segerstad, the Finnish Ministry of the Interior has submitted a draft Government Bill of the new proposed Finnish Gambling Act for consultation. #gambling #regulatory #administrative Read the second part of our blog on the gambling reform here: https://lnkd.in/dzEXBs3w

Sweden’s New Responsible Gambling Regulations: A Step Towards a Safer Market Starting October 1, 2024, Sweden will enforce new rules to tighten responsible gambling practices. Spelinspektionen, the national gambling regulator, will now have greater authority to demand comprehensive action plans from licensed operators, aimed at minimizing gambling-related harm. This move is part of a broader effort to protect vulnerable players and ensure a higher standard of care across the industry. With 4% of Swedes affected by problem gambling, and 130,000 living with someone who struggles with gambling, the government’s intervention is crucial. However, some in the industry are concerned that these stricter regulations could drive players to unregulated offshore sites, where protections are lacking. In addition to these new rules, Sweden is preparing to implement a credit card ban for gambling starting April 1, 2025, reinforcing its commitment to responsible gambling. #ResponsibleGambling #Sweden #Spelinspektionen #ConsumerProtection #GamblingIndustry