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The UK Gambling Commission dramatically boosted financial penalties against licensees in its most recent fiscal year, while warning operators not to take advantage of consumers during the country’s second pandemic lockdown. On Friday, the UKGC released its latest Compliance & Enforcement Report, detailing the efforts it took in the 12 months ending March 2020 to ensure its land-based and online licensees stayed on the straight and narrow path, as well as the penalties it imposed when operators chose to colour outside the lines.

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In 2014, the US Securities and Exchange Commission (SEC) charged ShapeShift founder Erik Voorhees with offering unregistered securities. He was forced to settle the charges, paying a fine and disgorgement on the millions of dollars he had illegally made from the offering.

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PRESS RELEASE

The Philippine Amusement and Gaming Corporation would like to make a clarification on news articles about the grant of permission for Manila’s integrated resorts to accept bets online. Contrary to a report published by Bloomberg and carried by other international online news sites, PAGCOR President and COO Alfredo Lim did not issue any statement confirming that City of Dreams Manila, Okada Manila and Solaire Resort and Casino have been given the green light to take online bets.

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