UK gambling bill to raise costs, cause advertising, IT headaches

    Published in: Latest IntelligenceGlobal gaming expert Steve Donoughue, Senior Associate of E-gamingexperts.com, and Dr Peter Chadha – CEO of DrPete Inc – examine the implications of the latest UK gambling legislation on IT and Asian operators.  The UK is set to introduce new gambling legislation that may create major compliance issues and raise costs for Asian operators, especially those counting on accessing millions of Asian sports fans through sports sponsorship and other advertising. The UK Gambling (Licensing and Advertising) Bill is aimed at moving Britain to a system of national licensing.  The bill had its second reading at the House of Lords on December 17 and will pass through the committee stage on January 14, 2014.  There are then two more stages before any amendments are considered and it passes into law. The core tenets of the bill are simple. An operator will need a license from the UK Gambling...

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