bet365 Receives Fine of £582k From the UKGC for Violating AML, and Social Responsibility
June 5, 2018 Christopher Hohenstein
April 2017 to March 2018. The figures are generally good, with one standing out in particular, detailing the record gambling revenue in the past year.
Here is the breakdown:
UK is one of the most strictly regulated and most flourishing gambling markets in the world. UKGC does not go easy on any kind of predatory or misguiding advertising. It also has one of the most well-integrated security and safety systems catering to players with gambling issues. Numerous mechanisms help enforce the responsible gambling as, according to the latest statistics, 6% of UK players had to self-exclude themselves at some point while 3.9% identified themselves as at-risk gamblers.
Last year saw the huge increase of mobile gambling in the UK – with an 8% rise from the year before. It has finally ed the 50% mark and now takes up a majority of gambling market in the UK.
Source:
“Gambling Commission publishes industry statistics update”, gamblingcommission.gov.uk, May 31, 2018.