The UK Gambling Commission (UKGC) has issued a reminder to all industry stakeholders that its call for evidence on its “gambling with credit cards consultation” will be closing on November 6.

The UKGC launched its credit card consultation on August 14 after they finished their initial responses on July 24. A total of 110 responses have been submitted to the UKGC’s first stage of its credit card consultation.

Within the next phase of research, the commission has stated that it now aims to conjure evidence which is in relation to the options of either “banning or restricting” credit card transactions across all forms of remote gambling.

“The preferred option for most who responded to the call for evidence was to prohibit gambling online with credit cards in order to achieve this aim. We will take the most appropriate course of action in view of any further evidence obtained during this consultation, alongside the data already submitted,” UKGC said.

Within their update, the commission has stated that it requires evidence from e-wallets, in order to address concerns related to transparency, as operators have no means of which method of payment was used – “debit card, a credit card or a separate balance within the e-wallet.”

“We will be writing to e-wallet providers at the start of the consultation and we encourage them to consider, and provide details of, the solutions they can deliver to facilitate any regulatory change,” the update stated.

Russia’s Federal Antimonopoly Service (FAS) has found Yandex guilty of advertising gambling companies. They are pushing a case which may end up in a €7k fine.

According to FAS, betting ads were showed in Yandex’s searches. That is why it ordered the company to rectify the violation. The body also submitted materials and will open an administrative case.

The FAS is having a Department for Control over Advertising and Unfair Competition to find illegal betting ads in Russia.

French lottery operator Française des Jeux (FDJ) has secured approval from the country’s stock market regulator Autorité des marchés financiers (AMF) to proceed with its initial public offering (IPO). AMF signed off on FDJ’s registration document, with trading expected to commence on November 21.

The IPO is expected to take place on the Euronext market in Paris, although the transaction still remains subject to other regulatory approvals from the AMF.

“This privatisation project marks the start of a new chapter in the history of our company. With its strong economic model supported by innovation, the group will pursue a balanced growth strategy, combining economic performance, responsible gaming and social commitments. Our ambition is to strengthen our position as the leading operator of lottery and sports betting in France, and to become a leading international player in the gaming and services sector,” Stéphane Pallez, chief executive of FDJ said.