By SectorWire desk ·
The report said that UKGC settlement proceeds will go to the Consolidated Fund. The regulator had begun consulting on the destination of such funds in February.
The change directs regulatory settlement money into the public fund.
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Investors face Rank’s warning that further machine-duty increases could affect venue viability, employment and investment.
The settlement adds audit and investigation-cost obligations alongside the payment, while recognising the operators’ cooperation and remedial work.
The acquisition brings two betting exchanges under one owner, while Betdaq customers have until 21 October to manage open positions.
IG Group’s sports betting licence application follows its acquisition of US prediction market Underdog.
Prison sentences for running the unlicensed venue demonstrate enforcement involving police, gambling regulators, tax authorities and local licensing officials.
The coroner’s request puts Gamstop coverage for National Lottery draw games before the regulator.