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Ukraine Legislation Update — New Members Of UGLC Appointed

Ukraine Legislation Update — New Members Of UGLC Appointed

15 Nov, 2020peter

12th November 2020: The Cabinet of Ministers of Ukraine has successfully completed the 2nd round of the competitive selection process to appoint 4 new members of the Ukrainian Gambling and Lottery Commission. 

UK Betting and Gaming Council re-affirms 10-pledge action plan as second lockdown gets underway in England

UK Betting and Gaming Council re-affirms 10-pledge action plan as second lockdown gets underway in England

5 Nov, 2020peter

The Betting and Gaming Council have re-affirmed their 10-pledge Covid action plan to protect staff and customers as the second national lockdown in England gets underway.

The standards body initially unveiled the pledges, which set out the standards expected of BGC members, at the time of the UK-wide lockdown in March.

It followed concerns that the closure of betting shops and casinos could lead to a rise in problem gambling online.

Park Lane Casino Operator's licence revoked by UK Gambling Commission

Park Lane Casino Operator's licence revoked by UK Gambling Commission

5 Nov, 2020peter

The UK Gambling Commission (UKGC) announced its decision to revoke the operating licence of the company that operates Park Lane Casino – Silverbond Enterprises Ltd.

Following a hearing before the regulatory panel, the decision was made under section 102(4)(b) of the Gambling Act 2005. Subject to appeal, the revocation takes effect on November 18, 2020.

AGEM Index October 2020

AGEM Index October 2020

5 Nov, 2020peter

The AGEM Index dropped by 36.05 points in October 2020 to 494.82 points, a 6.8 percent loss from September 2020. Overall, most AGEM Index
companies reported decreases in stock price during the month, with five trending positively and eight moving negatively.

IGT EXPANDS WHEEL OF FORTUNE® HARDWARE PORTFOLIO WITH COAST-TO-COAST LAUNCH OF PEAKSLANT49 WHEEL CABINET

IGT EXPANDS WHEEL OF FORTUNE® HARDWARE PORTFOLIO WITH COAST-TO-COAST LAUNCH OF PEAKSLANT49 WHEEL CABINET

5 Nov, 2020peter

LONDON, Nov. 4, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has expanded its hardware portfolio for millionaire-making Wheel of Fortune® slots games with the nationwide launch of the PeakSlant49™ Wheel cabinet.

Ukraine Legislative Process Should be Totally Public: Ihor Makiievsky

Ukraine Legislative Process Should be Totally Public: Ihor Makiievsky

2 Nov, 2020peter

iGaming Affilate Confernce 

What tasks should the gambling legalization bill perform? Why does the gambling market need a transition period? Why should the legislative process be public? These issues are revealed by Ihor Makiievskyi, Head at All-Ukrainian Association of Employers in the Recreation and Entertainment Sector, in an interview with Kyiv iGaming Affiliate Conference.

Closure of Hilton Times Square may be ‘tip of the iceberg’ of troubles facing New York hotels

Closure of Hilton Times Square may be ‘tip of the iceberg’ of troubles facing New York hotels

2 Nov, 2020peter

This week’s announcement of the permanent closure of the iconic 44-story Hilton Times Square hotel in the heart of New York City was a wake-up call for the embattled hospitality industry, especially in urban markets suffering from a coronavirus-driven tourism drought.

The move follows a decision earlier this week by Ashford Hospitality to hand over the keys to its recently purchased Embassy Suites in Midtown West to its lender after the real estate investment trust fell behind in debt payments.

Don’t Miss! Massive Trade Show Ukrainian Gaming Week Postponed to February 24-25, 2021

Don’t Miss! Massive Trade Show Ukrainian Gaming Week Postponed to February 24-25, 2021

29 Oct, 2020peter

To prevent the spread of COVID-19, the Cabinet of Ministers of Ukraine has decided to prolong the adaptive quarantine in the country until December 31, 2020. Besides, the government has toughened the rules for mass events. Restrictions have touched upon the number of attendees at such events.

UK Gambling Commission imposes stricter licence conditions on online operators

UK Gambling Commission imposes stricter licence conditions on online operators

28 Oct, 2020peter

Three online gambling operators have been investigated by the Gambling Commission for social responsibility and money laundering failures as part of the Commission’s ongoing drive to raise standards through its tough enforcement action. 

BGO Entertainment Limited, GAN PLC and NetBet Enterprises Limited were all subject to licence reviews following a number of failures which included not doing enough to keep consumers safe and failing to prevent money laundering and criminal spend.

Ukraine Legalization of gambling: the law did not take into account the recommendations of NAPC

Ukraine Legalization of gambling: the law did not take into account the recommendations of NAPC

27 Oct, 2020peter

The law on the legalization of gambling did not take into account the recommendations of the National Agency for the Prevention of Corruption. In total, the agency has conducted 20 anti-corruption examinations of draft regulations since June.