Andrew Cochrane

The UK Gambling Commission has announced new rules targeting key areas in the gambling sector, including financial risk checks, direct marketing, online games design, and age verification for land-based venues. Rolling out between August 2024 and February 2025, the regulations feature phased affordability checks, starting at £500 and reducing to £150 until February 2025. A pilot for frictionless checks will leverage existing player data for six months, with smaller operators invited to participate. Industry response has been positive, particularly regarding affordability checks. Changes to age verification for land-based venues and online games design aim to enhance consumer protection. While stakeholders appreciate the Commission's transparent approach, concerns linger about ensuring all players experience smooth checks and the regulations' effectiveness in promoting responsible gambling behavior. Overall, these regulations represent a significant stride toward safeguarding consumers while maintaining a thriving gambling industry. Interested in a chat about regulations in different jurisdiction? Contact experts Lawrence Marchese (lawrence@chevron.group) and Thees Buschmann (thees@chevron.group) from ​Chevron Group today. #ChevronGroup #News #UK #NewRegulations #GamingIndustry #GamblingMarket #Compliance #ComplianceExperts

12

In the shifting sands of gambling and iGaming marketing, staying ahead of the competition requires innovative strategies and partnerships. One such strategy that has proven effective is the use of high-profile sponsorships to boost brand visibility and engagement. Find out more here: https://lnkd.in/eCWPmgwP #partnerships

4

1 Comment

Having spent 14 out of my 19 years in iGaming working with Sportsbooks, I often engage in discussions with Operators on what are the most important points in order to maximise the success of a sportsbook ⚽📈 A lot has changed over the past 20 years in how sportsbooks are being managed, but in my opinion, these are the core principles to optimise your operations and drive great profitability: ◾ Data-Driven Insights I think this is a given, and not just for sportsbook. Without the right data, you cannot take the right decisions, especially when you have to price matches based on risk. ◾ Dynamic Odds Management This is a balancing act. On one hand you want to be competitive and within the market with your odds, on the other hand you need to keep an eye out for the accumulating risk. Experience plays a huge part here in setting up the right strategies. ◾ Personalized Promotions Who doesn't like a good promotion nowadays? These can include exclusive bonuses, free bets or VIP rewards which can help you attract and retain customers. But beware of bonus hunters! ◾ Mobile Optimisation It's a given now that mobile is an extremely important betting channel and the saying 'mobile first' is more important than ever to give the user the best possible experience. ◾ Comprehensive Risk Management The big one: without good risk management you risk big losses. Betting limits and monitoring suspicious and fraudulent activity are critical to protect yourself. Any other tips you would like to add to this list? 🚀📊 #SportsbookTips #BettingInsights #MaximizeProfitability #iGaming #iGamingMalta

42

16 Comments

With high expectations and proposals for safer gambling... has the Gambling Act Review white paper delivered on it's promises? Dive into our comprehensive analysis as we examine the progress made and the challenges ahead with input from experts from across the industry. Read now: https://lnkd.in/e5F56Zb5

9

More #pioneering #partnerships in the #sports industry with great partners like evoke and Scottish Professional Football League If you’re a sports brand, request an initial consultation from EPIC Global Solutions to see how we can benefit your business.

9

Big news from the UK Gambling Commission & Betting and Gaming Council! 🚨🇬🇧 New rules are rolling out in the gambling industry. All operators in the UK market must now comply with updated standards and regulations. Stay informed and play responsibly! 🎰📜 Follow link to learn more: https://lnkd.in/dSyZAjmd #Slotsjudge #gamblingnews

7

Here we have a review of the Trade on Sports Service over a 2 year timeline conducted by Honest Betting Reviews https://lnkd.in/eDACuhg #SportsTrading

1

Expanding our regulated market presence further, we've teamed up with leading Dutch operator, 777.be - Casino & Sports. 🎉 Through this deal, our titles will be available in Belgium first and then the Netherlands and will offer a bumper collection of 150 smash-hit titles - providing an unrivaled choice of games! 🔥 Let's do this! 💪 Not to mention that extra additions will be added later in the year from our latest acquisition, ELYSIUM Studios. 😮‍💨 “The goal at Swintt has always been to have a strong presence in regulated markets – and partnering with an operator of the size of 777.be - Casino & Sports will enable us to raise our profile in both the Netherlands and Belgium. We’re really looking forward to working with them and can’t wait to hear what their players make of our slots.” - Swintt Jennifer Dettori, General Manager at Casino 777, is thrilled with the partnership, "At Casino 777, we're always in pursuit of the next level of entertainment, curating top-tier titles from industry-leading suppliers. Welcoming Swintt to our ever-growing portfolio is a testament to our commitment to offering unparalleled gaming experiences. With their diverse range of Premium and Select slots, we're confident that Swintt's innovative games will captivate and thrill our customers, taking our entertainment offerings to the next level." Read the full announcement: https://lnkd.in/dvADU6VZ 👩‍💻 #iGaming #Swintt #LetsDothis #Partnership #Growth #Casino Tereza Melicharkova, Fredrik Lundkvist, Jean Camilleri, Jörgen Nordlund Tanya Axisa, Emilia Kazberuk, Yanov Cutajar, Maria Degiorgio, Michela Pace, Gillian Taylor, David Flynn, Glitnor Group, Richard Brown, Cathryn McGinty, David Mann, Swintt, Lars Kollind, Andrei Issakov Christine Bonaci Essi Ora

31

Join Westminster Media Forum on the 13th May to discuss The future for the betting and gaming industry in the UK. Our keynote speakers include Professor Leighton Vaughan Williams Nottingham Trent University, Andrew Rhodes Gambling Commission and Sarah Fox Department for Culture, Media and Sport. More information: https://lnkd.in/eyWnM6tA #WMFEVENTS #gamingregulation #gamingpolicy #onlinegambling #gamingregulation #UKgaming #UKgambling #UKbetting #bettingIndustry

1

I joined IBAS as a NED, not only because it is an organisation with a proud history of settling betting disputes ( even in a time before wagering agreements were enforceable at law), but it already possesses the independent sectoral experience to be the nucleus of a much needed UK Ombudsman. When dealing with contractual and social responsibility complaints the devil is in the detail and the framework of the GB Gambling Act 2005 never envisaged that the regulator would fulfill an Ombudsman role. Consumers can take legal action on the contract, but “ duty of care” cases are complex and past court decisions have not always favoured those who have lost money and alleged the operator should have protected them from their own actions. An Ombudsman can also serve to protect those who would struggle with the formal legal process by providing a better way to provide consumer redress. It is disappointing that we still do not have the Ombudsman in place, but it is an ambition worth fighting for. This is less about the sustainability of IBAS per se, but more about wanting to establish an expert Ombudsman with the capacity to make fair and proportionate determinations for both consumers and operators ( and to ensure that consumers have a growing level of trust that they will (a) get a fair deal (b) be protected by the business if they exhibit markers of harm in their gambling behaviour. Some favour a statutory Ombudsmen, but that would take years to establish and longer to gain the industry experience required to be effective. There is precedent for non statutory sectoral Ombudsman and with the right level of funding ( far less than a statutory Ombudsman would cost) and an independent framework, this, with a will, can be up and running in a few short months.

50

6 Comments

If you were too busy to catch up with Gambling Industry News last week in the USA, don't worry - OG has got you covered! In under 1 minute and 10 seconds, I can update you on five US gambling news stories! Check out our latest video below from our series "Top 5 Last Week News", where we summarize our best-performing news articles at OnlineGamblers.com 🔥 #gamblingindustry #news #casino #sportsbetting #usa Online Gamblers

18

Sportsbooks struggling to create in-play opportunities, especially during the end of the EPL season can breathe a sigh of relief. Competitive gaming, specifically FIFA, is emerging as a solution. FIFA's audience is virtually identical to the regular football audience. This will enable operators to improve turnover by introducing e-football without additional marketing efforts. SIS e-football & e-basketball are available 24/7/365 days round the clock leaving no gaps that may emanate from different time zones and providing up to 150,000 events, high revenue, and good margins for operators. this will be the best thing you add to both your online and retail operation in 2024. Send me a DM to discuss how this can be added to what you deliver to your betting audience. #e-sports#SIS#competitivegaming#e-basketball#sportsbook#gambling

32

1 Comment

"UK gambling reform in doubt as country mobilises for July election" With a 90% chance of forming the next Government via an overall majority, "industry insiders have doubted if the reforms will top Labour’s legislative priorities" given gambling per-se is " not widely considered to be a major political issue in the UK". The BGC has since released a voluntary industry code to handle the interim period including spending thresholds set at £5,000 per month and £25,000 per year. >> The regulated betting and gaming sector supports 110,000 jobs, generates £4.2bn in tax and contributes £7.1bn to the economy. It is said that each month around 22.5m adults in Britain enjoy a bet! << #gamblingreform #gaming #onlinebetting #generalelection #julyelection #labour #affordability #compliance #sportsbetting

3

We've just sent out the first edition of our new Global Gambling Monthly Roundup, which includes all the latest legal and industry developments affecting those in the gambling sector, as well as upcoming events. In this edition, we've got AI in the workplace, competition and consumer law reform, financial risk assessments and ASA decisions (amongst others). If you'd like to be added to the mailing list, please let me know! #gamblingnews #gamblingindustry

31

3 Comments

The Gambling Commission has announced widespread changes aimed at increasing safety and customer choice. The changes, consistent with the Government’s White Paper High stakes: gambling reform for the digital age (opens in new tab), include reducing intensity of online games, improving consumer choice over receiving gambling marketing, light-touch financial vulnerability checks and tightening processes to support age verification checks in premises. They also include a careful approach to implementation with the changes to be implemented in four stages: August 2024, November 2024, January 2025 and February 2025. https://lnkd.in/dGXz7gQJ #UKGC #Onlinegambling

11

https://lnkd.in/dfrxhAYb Andrew Walter (CLC). Retail, iGaming and sports betting opportunities for the lottery segment G&M News interviewed the Director of Legal and Business Affairs for the Sports Betting Division at the Connecticut Lottery Corporation (United States). He explained how the company has expanded in different areas of the industry, detailed the advantages of their partnership with Fanatics, commented on the advancement of sports betting and online casino in the state, and warned that lotteries need to redouble efforts to appeal to younger customers, and to retain current players. #CLC #UnitedStates #lotteries #entity #iGaming #sportsbetting #onlinecasino #iLottery #regulation #legal #responsibilities #partnerships #business #market #brands #development #government #players #bettors #younger #customers #attraction #retention #products #offer #competitors #evolution #growth #goals #challenges #opportunities Andrew Walter Connecticut Lottery Corporation Fanatics

42

Today, we can reveal the gaming sector in the Liverpool City Region generates £220m each year and is the region's largest creative industry. That’s according to preliminary findings from a new Growth Platform report, seen by Prolific North, which has been conducted on behalf of the LCR Games Board. It makes it a ‘significant asset’ to the local economy. But despite its potential, there are challenges too. In the first of a three-part feature series into Liverpool’s games sector, we've chatted to a handful of the key players and leaders in the region today - including Avalanche Studios Group, d3t, Ripstone, Wushu Studios, Lucid Games Ltd, Clemens Wangerin - and look into the importance of its rich gaming heritage. Read the full piece here: https://lnkd.in/e_YDQMq2 #Gaming #Liverpool

18