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UK Gambling Commission extends deposit-limit compliance deadline to 30 September

Regulation

The UK Gambling Commission has moved the compliance deadline for new deposit-limit rules to 30 September, according to reports. Operators must provide gross deposit limits over fixed time periods and give the tools equal prominence with other financial safeguards. The rules had been due to take effect at the end of June.

Operators have more time to update account tools and present deposit limits under the revised requirements.

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Enforcement & compliance

New South Wales commission extends Star Sydney licence suspension to September

The New South Wales Independent Casino Commission extended Star Sydney’s licence suspension and the special manager’s appointment to 30 September, after Star Entertainment said it was not seeking a licence determination at this time. Separately, Star said it secured US$390 million, equivalent to A$550 million, in refinancing from WhiteHawk Capital Partners; completion is subject to conditions, including regulatory approvals and the disposal of its interest in Destination Brisbane Consortium.

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