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Sky Bet issued £1 million fine by the UK gambling commission

Athira A

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Sky Bet will pay £1 million after they failed to stop taking bets from hundreds of self-excluded gamblers, and continued to stay in contact with thousands. Photo credits: https://www.google.co.in
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The UK Gambling Commission issued a £1 million ($1.4 million) fine against Sky Bet, the British-based gambling company explicating  that hundreds of people were capable of placing bets on the online gambling company’s website irrespective of the notifications to stop doing so.

The fine is related to what is  known as self-exclusion programme, which enables  customers to make  the operators aware that they no longer want to be allowed to gamble on their sites, in their shops, or at casinos. These tools can be utilized by those who know they have gambling problems, or by vulnerable individuals who are under the threat of developing compulsive habits.

According to the investigation of the Gambling Commission, 736 Sky Bet customers were able to open new accounts despite being requested to be blocked. Many of these individuals even used the same information to open the new accounts, something that should have immediately triggered red flags for the company.Thousands more contacted after exclusion.But that was only the tip of the iceberg, as the Gambling Commission found problems with how Sky Bet dealt with tens of thousands of other self-excluded customers.

More than 36,000 bettors did not have their remaining balances returned to them after closing their accounts with the firm. In addition, about 50,000 self-excluded individuals continued to get marketing materials from Sky Bet, typically by email, text, or mobile notifications from the company’s app.

Taking all of these incidents into consideration, the Gambling Commission said that this was more than a few isolated cases, making a fairly severe fine appropriate.

Source: onlinegambling.com

Athira is a self-described “logophile” – a lover of words. She loves updating her vocabulary and playing around with words, to frame a sensible world of letters. Letters come alive when they become words and when words become sentences. And that’s her job, to put them together in a meaningful way without loosing its essence. She has written content for websites, articles and poems for an international magazine, and press releases as well. She also loves writing on social media. She holds a Masters degree in bio-technology, but she has always been interested in the organic farming of words. Besides writing content for our daily news feed, she is also working as staff writer/editor with Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

Sport betting to begin in Rhode Island casino in December

Niji Ng

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Sport betting to begin in Rhode Island casino in December
Photo Source: metro.us
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Twin River Casino in Lincoln in the US state of Rhode Island will starts sports betting in December.

The casino will open a well-equipped sports betting lounge, with screens showing live games and odds from around the country. “I see folks coming from Connecticut, Massachusetts and New Hampshire,” said Mike Barlow, who heads up operations for the company that owns both of Rhode Island’s casinos.

Rhode Island is among the first jurisdictions legalised sports betting. With Massachusetts and other north-eastern neighbours still debating the issue, Rhode Island lawmakers this summer approved sports betting at the state’s casinos, Twin River and Tiverton Casino Hotel.

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Gambling in the USA

Puerto Rico to make slots outside casinos legal

Niji Ng

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Puerto Rico to make slots outside casinos legal
Photo Source: wbur.org
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Puerto Rico’s legislator has approved a tax reform that makes slot machines outside casinos legal, in spite of the controversy surrounding the move.

Both the House of Representatives and the Senate approved the bill and Governor Ricardo Roselló put his signature make the bill into a law.

The Financial Oversight & Management Board for Puerto Rico had raised concerns against the move, as it argued that these machines would eat into the revenues of casinos, which indirectly funds government programmes. The organisation’s chief executive Natalie Jaresko had criticised the government’s plan and said that the board had not seen evidence that the video lottery proposal would not eat into other island revenue streams.

Even as it was highly questioned, the piece of legislation is expected to be signed into law by Governor Roselló, who repeatedly voiced his support for it and said he was “satisfied” with the plan and that “if there are no hurdles ahead, I’ll sign the bill.” He also explained that “should any obstacles come up (…) we’ll have to fix them fast.”

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Industry News

New Zealand registers mild increase in gaming revenue

Niji Ng

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New Zealand registers mild increase in gaming revenue
Photo Source: CNN.com
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The Gaming Machine Association of New Zealand (GMANZ) has published the quarterly financial results of the gaming sector. Its highlight is the 3.4 per cent rise in Gaming Machine Proceeds (GMP) from pokies in the country from June to September.

The GMP rose by €6.7 million, but the numbers of poker machines and the venues where they are decrease.

According to GMANZ spokesperson, Bruce Robertson, the results provide a fair reflection of the success of the balanced, controlled and sustainable approach of the Class 4 model that they have in New Zealand. He added that the heightened activity is happening against the backdrop of an expanding economy.

“Gaming venues such as pubs and clubs aim to provide a safe, fun and regulated environment to those who choose this popular form of entertainment. Reduced accessibility to local venues and machines is likely to drive more players into the world of unregulated online gambling,” concluded Bruce Robertson.

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