The Partners of CMS UK, Nabarro and Olswang have overwhelmingly voted in favour of a proposal to combine their firms and create a new City powerhouse that will become the world’s sixth largest law firm by lawyer headcount and sixth largest in the UK by revenue...
TGP Europe and Fesuge, the operators of 12Bet, 138.com, Fun88 and TLC Bet, have entered into a voluntary settlement with the Gambling Commission for a number of failures arising from a Cheltenham Festival bonus offer. Over 5000 accounts were suspended by the operators following concerns relating to suspected bonus abuse. The Gambling Commission published a public statement on 11 January 2017, which encourages other operators to ensure the terms and conditions of bonus promotions are fair and easily understood by consumers, and to act quickly when evidence of consumer detriment is identified, especially in response to complaints.
With the GDPR on the horizon, the EU is now overhauling and expanding the reach of the more specific privacy rules which relate to direct marketing, cookies and other forms of online monitoring. The ability of social media and messaging services to track users is one of many areas touched on in the European Commission's newly proposed ePrivacy Regulation, which was officially unveiled last week. We highlight some key impacts for the tech and media sectors, provided the proposed draft passes through the legislative process without dramatic changes. Businesses should incorporate these new requirements into their GDPR readiness planning.
On Saturday, the UK Government announced its proposals regarding reform of the horserace betting levy, providing broadly for a flat 10% levy on all operators on their gross win above £500,000. The Government is planning that the new regime will come into effect with considerable urgency, by April 2017 - that is when without these changes the next levy scheme would have commenced.
The Advertising Standards Authority (“ASA”) has rejected a complaint raised against Platinum Gaming Ltd (trading as Unibet) (“Unibet”) in respect of various adverts that it was claimed could be deemed misleading and/or irresponsible.