A lender seeking to take possession of licensed gambling facilities following default by a UK operator may find that a new licence application is required.
UK Gambling Commission Publishes Proposed Regulations Covering “Primary Activity”
06 Feb, 2009
The UK Gambling Commission has pushed on with its housekeeping agenda, tidying up what it perceives to be a number of omissions in the current legislation and regulations under the Gambling Act.
UK Gambling Operators Face Updated Licence Conditions
06 Oct, 2008
The Gambling Commission last week issued revised licence conditions for all UK gambling operators, to take effect in January next year. Updated provisions include a requirement for remote operators to specify where they offer games under foreign gambling licences on the same website as their UK-licensed offerings.
UK Study Spotlights Youth Gambling Concerns
03 Oct, 2008
The UK is now unique among leading international gambling jurisdictions in permitting low stakes gaming machines to be accessed by minors, a new Gambling Commission study has found, highlighting concerns that youth gambling could be an “emerging public health issue” in Britain.
Gambling in Great Britain: The Future Of Gaming Machine Stakes And Prizes Limits
10 Sep, 2008
A move by the UK’s Department of Culture Media and Sport to consider allowing increased payouts on category C and D machines has been welcomed by seaside arcade operators, but the process has exposed a worrying absence of empirical evidence as to the effects of bigger prizes, leaving operators at the mercy of political prejudice.
Gambling in Great Britain – Data Management and Protection
09 Sep, 2008
While the gambling industry is highly regulated it is also vulnerable to criminal and socially unacceptable behaviour. A high spending customer base makes it highly valued by marketing organizations, but it also attracts the attention of public and private bodies anxious to identify potentially addictive behaviour, creating unusual data management dilemmas for the industry.
Gambling in Great Britain - When Is A Bet Not A Bet?
08 Sep, 2008
In legislating and regulating gambling in Great Britain a shared and
workable definition of the various types of gambling and their key
characteristics is vital. However the constantly changing nature of
gambling, and the technology that enables it, is threatening to
outstrip the regulator’s ability to define the activity.
Gambling in Great Britain: Aspinall’s Club v Al Zayat - The Enforcement of Gambling Debt
05 Sep, 2008
In the long-running dispute between Aspinall’s Club and Fouad “the Fat Man” Al Zayat, the bonds that bind and obligate casinos - and their favourite deep pocketed clients - have been tested and found to be interesting.
UK House Raffle Highlights Lottery Definition Concerns
01 Sep, 2008
The Gambling Commission should be forced to carefully reconsider the definition of an illegal lottery under the 2005 Gambling Act after attempts by a British couple to raffle their house revealed gaping flaws in the regulator’s guidelines over skill-based competitions.
Gambling in Great Britain: Gambling Operators And Foreclosure
21 Jul, 2008
As the slowing economy begins to affect the fortunes of the traditionally recession resilient gambling industry, lenders should be aware of the regulatory issues involved should they find themselves having to foreclose on a licensed gambling operator.