Legal and Regulatory News

Updates on the latest legal and regulatory developments

Government opens consultation on overseas EuroMillions betting

This month, the Government launched a consultation on prohibiting betting on the outcome of non-UK versions of the EuroMillions, citing fears that the lines between the National Lottery and betting are becoming blurred, leading to confusion amongst customers and a potential threat to funds raised for good causes.

 

23 March 2017

Gambling

Levy reform, the Government publishes the draft statutory instrument

On Wednesday the Government issued the draft statutory instrument it proposes to bring in reform of the horserace betting levy.  This is ostensibly to extend the levy to remote gambling operators situated outside Great Britain but they have, as anticipated, taken the opportunity (and on what we see as a questionable legal basis) to make some significant alterations to the general levy structure.

13 March 2017

ASA rules against LeoVegas Gaming Ltd for misleading advert

On 1 March 2017 the Advertising Standards Authority ("ASA") upheld a complaint against LeoVegas Gaming Ltd on the basis that one of its advertorials – which promoted a registration bonus offer – suggested that participants would win a cash prize and was therefore misleading and in breach of the CAP Code.

08 March 2017

Employment

New regime for regulatory references – is your business caught?

A new regime for provision of regulatory references comes into force today, which primarily affects regulated businesses caught by the Senior Managers' Regime and the Senior Managers Insurance Regime (that is, banks, building societies, credit unions and PRA-designated investment firms, branches of foreign banks as well as large insurance and reinsurance firms).

07 March 2017

Gambling Commission recaps 2016 and lays out plans for year ahead

At the 2017 ICE Totally Gaming conference earlier in February, Sarah Harrison, Chief Executive of the Gambling Commission, provided an update on recent developments in the industry, the work the regulator has undertaken over the last 12 months, and its strategy for the year ahead.

17 February 2017

Litigation

High Court confirms rights to a claim in arbitration can be transferred to another while an arbitration is on-going

In November 2016, the English High Court was asked to rule on an arbitral tribunal's jurisdiction after it made an award in favour of a claimant that had undergone a corporate restructuring halfway through the arbitration (A v B [2016] EWHC 3003 (Comm)).  The restructuring occurred under Indian law, but the decision may affect any litigant that goes through a restructuring process outside of England and Wales during an arbitration.

14 February 2017

Gambling

Gambling Commission agrees voluntary settlement with TGP Europe and Fesuge for unclear and ambiguous terms in Cheltenham Festival bonus offer

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.

16 January 2017

Data Protection

The new ePrivacy Regulation: how will it impact your business?

 

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.

 

16 January 2017

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