ONLINE NEWS UK Labour Party to push for stricter online gambling regulations D
eputy leader of the Labour Party Tom Watson has revealed that an overhaul of online gambling laws will be soon introduced in the UK. The new measures will include new restrictions on how much a customer can bet, as well as a new system of checks to stop people from placing bets when they can’t afford to do so.
Watson is set to unveil that a (such as ones from November 2018 in which it was found that some
problem-gamblers being let down”. Watson believes that the
companies had important failures in their systems to prevent money laundering) have proved that regulations for online casinos and bookmakers are currently inadequate and lead to “gross excesses, abuse and vulnerable
John Pettit becomes CCO
laytech BGT Sports has
announced that John Pettit has been promoted to Chief Pettit, who has been managing director of the UK, Ireland, and Australia, since he
joined the provider from Ladbrokes at the end of 2015, will combine his existing role with the management of all customer activities around the world.
As part of a management re-structure designed to support PBS’ plans to enter more regulated markets, a management team with three new territory managing directors will work under him.
Lee Drabwell will be responsible for the UK, Ireland, and Belgium, with Costas Papadopoulos managing Greece, Cyprus, and Africa, and Riccardo Cavallaro taking care of remaining territories in Europe alongside Latin America.
Meanwhile, Hamish Davidson will remain managing director of PBS’s operations in Australia, with Gregor Errath promoted from commercial director to sales director. Errath will be responsible for sales and business development in all territories, working with the local MDs.
Playtech BGT Sports CEO DR Armin Sageder said: “We have some very ambitious plans to grow our business in existing countries and in a host of both regulated, and soon to be regulated, markets around the world. I’m sure John and his team will be very well-positioned to help us do that and we look forward to the next stage in our development, introducing great new products and welcoming new customers on board.”
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Gambling Act 2005, passed by Tony digital age: “Whereas gambling in the lack of controls on online gambling is leading to vulnerable consumers suffering huge losses. Online gambling companies have a responsibility to protect their customers from placing bets that they cannot afford.”
The Guardian reported that Watson is set to question why strict
limits are not in place for stakes placed online, as one recent report claimed that smartphone gambling apps are riskier than FOBTs, which their maximum stake will be soon cut from £100 to £2. The Remote Gambling Association (RGA), representing supports a move towards affordability and targeted intervention, but this must be done carefully as arbitrary limits could risk driving customers to the unregulated and illegal gambling market.
Red Rake Gaming secures another licence
wg has secured its second license within four weeks. Having already secured the UKGC license with a vast array of clients preparing to launch its portfolio of games, the MGA license will now allow for Red Rake to continue its expansion by offering its varied portfolio of games to the vast number of MGA licensed operators. Driving the regulated market strategy Red Rake now boasts an array of markets where players can take advantage of the
feature rich content which now includes UK, Malta, Italy, Spain, Portugal and Romania.
Nick Barr, Managing Director, Malta, comments: “Securing the MGA license is another big step in Red Rake Gaming’s strategy and increases our capability to be able to supply the large concentration of operators located on the Island. This
and expansion on the Island after recently setting up our commercial and business development team in Malta. Based on the demand for the Red Rake Gaming portfolio, which was even more apparent after a very successful ICE exhibition, we expect to continue growing our footprint in Malta. 2019 is already shaping up to be a great year for the company and a big well done goes out to all involved in securing the license”
SOCCERBET launches in Italy S
pecialist virtual games provider Kiron Interactive has, in partnership with Highlight Games, launched Highlight’s unique virtual video football game ‘SOCCERBET’ with leading operator Eurobet. The new product has been made available to the operator in both a league and single match format and it has been rolled out to its 850 Eurobet retail venues across Italy via
The Italian version of SOCCERBET has been developed in an exclusive partnership with Highlight games and features archive footage from Serie A. The product has been approved by the Italian supervisory authority Agenzia della Dogande e dei Monopoli.
Kiron has cemented its position in Italy over the country’s leading operators.
Steven Spartinos, CEO of Kiron Interactive, said: “Kiron has developed a great pedigree in the Italian market especially with our virtual racing games which are regarded as the leading games
by operators in the market. Our partnership with Highlight Games allows us to strengthen our position in the market, bringing
together the best in platform, technology and innovation, in servicing this football-mad market with a unique ‘Bet on Highlights’ football offering. SOCCERBET is sure to prove popular with players throughout the country. Eurobet’s ability to reach players through its 850 retail outlets, means more people than ever before can enjoy Kiron’s products and we couldn’t be happier.”
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