Since my last “
Licensing Expert” article for SBC News, the stand-out issues in UK gambling regulatory terms have been (a) the circumstances giving rise to the UK Government’s 20 April announcement of an independent review into the collapse of Football Index and (b) the sudden unexpected departure of Neil McArthur from his position as Chief Executive of the Gambling Commission within just a few days after the Football Index operating licence was suspended. You can read here the full details on what led up to that suspension and all that has happened since then.
The above announcement states that an ‘independent expert’ (a) will lead the review and (b) in addition to establishing how Football Index collapsed and identifying lessons to be learned from that, will look at the decisions and actions of the Gambling Commission with a view to the findings being made public in the summer. Those findings will also form part of the evidence for the purposes of the government’s rev
Demystifying affordability part one: What is affordability? igamingbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igamingbusiness.com Daily Mail and Mail on Sunday newspapers.
Italians join race to run the National Lottery
Camelot faces another rival in the race to run the UK draw
10 April 2021 • 7:00pm
Francesco Durante insists shops will continue to play a crucial role in the National Lottery even if online services are improved
Credit: Alessandro Rota
One of the world’s most prolific investment firms has launched a surprise bid to run the National Lottery, blowing the race for the prized UK draw wide open.
The Sunday Telegraph can reveal that CVC Capital Partners is backing a bid led by portfolio company Sisal, the operator of Italy’s most popular lottery, pitting the investment giant against two of its fiercest rivals.
BBC News
By Russell Hotten
image captionQueens Park Rangers has now removed Football Index sponsorship from its shirts.
A group of MPs has written to Culture Secretary Oliver Dowden calling for a public inquiry into the collapse of gambling website Football Index.
They say it is a scandal and shows the need to reform the gambling sector.
The firm has suspended operations and appointed administrators, sparking an outcry from punters whose money is still locked up in the business.
There are reports gamblers could lose more than £90m, with some now seeking legal advice about possible claims.
In their letter, the MPs on the All-Party Parliamentary Group for Gambling Related Harm estimate that Football Index punters have lost £3,000 each on average.
Bristol City Council introduces ban on gambling advertising sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.