The UK Gambling Commission (UKGC) has reminded stakeholders that the consultation on proposed changes to the Licence Conditions and Codes of Practice (LCCP) duties and enforcement policies will close on Friday, 15 March 2024.

The UKGC launched the consultation on 15 December 2023, seeking feedback on the transparency of financial penalties and the financial key reporting duties outlined in the LCCP.

The Commission is consulting on two sets of ‘business as usual’ proposed changes: one relates to clarifying and adding transparency to how financial penalties are calculated, and the other concerns financial key event reporting by licensees to ensure the Commission has the appropriate information for risk-based regulation.

The consultations aim to make the process by which enforcement actions, including financial penalties, are calculated more transparent. Penalties would start with a base determined by the severity of the breach and a percentage of the Gross Gambling Yield (GGY) or othe..

Data management and business intelligence have been determined as the vital disciplines for all gambling-related businesses to maximise margins and reduce costs needed to compete in a cutthroat market.

Yet, despite AI innovations, gambling’s value-chain has become more convoluted in its data frameworks and processes. Hence incumbents require an intelligent approach beyond data collection, to benefit from a data-driven culture which ensures that effective insights are transformed into actions.

Participating in the Experts Roundtable were Etienne Azzopardi, COO of Swintt; Max Sevostianov, COO of BETBAZAR; Allan Stone, Managing Director of Intelitics; Thomas Kolbabek, CTO of Golden Whale Productions; Karl-Jorit Hausdorf, Head of Customer Experience, Data & aaS at Fujitsu; and Andrea McGeachin, CEO of Neosurf.

SBC: Are businesses really making the most of data? If not, why? What’s stopping them?

Etienne Azzopardi: Swintt
Etienne Azzopardi: I believe one only has to look at the term “d..

Glücksspielbehörde (GGL), the Federal Gambling Authority of Germany, has stood by the findings of the Gambling Survey of 2023, emphasising its role in providing a ‘facts-based approach’ to the development of Germany’s Fourth Interstate Market (GlüNeuRStv).

The Authority states that it now has the relevant data and insights to make year-on-year assessments of the GlüNeuRStv market since its launch on 1 July 2021, which introduced Germany ’s new federal laws for online gambling and sports betting.

In 2021, the survey that had been conducted since 2007 undertook significant methodological changes under the stewardship of The Institute for Interdisciplinary Addiction and Drug Research of Hamburg (ISD Hamburg) and the University of Bremen.

Methodological adjustments, including combining telephone and online survey techniques and a revised survey instrument for identifying gambling-related problems based on the DSM-5 criteria. These changes limit the comparability of its results with prev..

Sportingtech has announced a charitable partnership with The Malta Trust Foundation (TMTF).

With an already-significant footprint in the country, the three-year deal will see the supplier support the ongoing initiatives of TMTF – which was founded by former President of Malta, Marie-Louise Coleiro Preca, in 2015.

Colin McDonagh, Chief Sales Officer at Sportingtech, expressed that the group is extremely proud to establish a partnership with ‘such a worthwhile cause’.

“The Malta Trust Foundation does some outstanding work, and it is a humbling experience to see the projects and initiatives in action,” he said. “This is the latest of our charitable partnerships and we fully understand how important this work is for many communities.”

In detail, the trust is dedicated to assisting children and young individuals who encounter daily challenges and are at risk of poverty or social exclusion.

Through ‘educational and empowering’ projects, TMTF aims to bridge gaps within existing service..

“Nearly half of British university students who gamble, report doing so beyond their financial means” is the headline finding of the third Annual Student Gambling Survey, commissioned by YGAM and GAMSTOP.

Research conducted by a Censuswide survey, polling 2,000 students on UK campuses, revealed a decrease in gambling participation among participants over the last year, from 71% to 60%.

Providing a breakdown of student gambling trends, 46% of respondents detailed that gambling had impacted their university experience. Impacts included missing study deadlines and social activities, as well as adding pressure to cover basic expenses such as food.

Insights revealed that male students tend to spend more on gambling than female students, with an average loss of £35.25 per week among student gamblers. The most common forms of gambling are online sports betting for male students and the National Lottery for female students.

On spending habits, student gamblers fund their gambling through v..