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THE EFFECTS OF A NO DEAL BREXIT ON GAMBLING

The Effects Of A No Deal Brexit On Gambling

Viktor Vangelov | Published 26 Aug 2019, 12:50 p.m.

If you know anything about the casino industry, and/of you’ve read at least some of our featured news articles, you are surely aware that the industry as a whole is heavily dependant on politics and political decisions.

After all, the legality of gambling itself and its scope depends on political decisions, i.e. whether parliaments and other law-making bodies have passed acts that regulate gambling. In recent months, numerous US states passed laws that regulate certain forms of online gambling. Last month it was Illinois, namely this state legalised sports betting and the establishment of casinos in Chicago. In May, we announced that Massachusetts is considering sports betting legalisation. There were certain issues with the Wire Act and the intention of the Department of Justice to appeal the ruling on its scope, but we are yet to see how this will turn out.

We’ve reported on several states that have legalised sports betting in the past few months or are about to do so in the upcoming period. In the meantime, in the UK, companies are facing heavier restrictions and increased surveillance from the UK Gambling Commission and other authorities that are in charge. This time we’re going to discuss a different side of politics and its effect on the UK Gambling industry, namely how will a no deal Brexit affect gambling in the country.

Rank Group Develop Alternative No Deal Brexit Menu

A no deal Brexit will have a serious impact on multiple areas and multiple aspects of everyday life in the UK. Rank Group, one of the leading gambling companies in the country that owns Mecca Bingo and Grosvenor casino has already published an emergency menu that will be rolled out in the event of a no deal Brexit.

Interestingly, the company’s primary concern is the menu, i.e. what sort of food they’d be serving at their facilities if they can’t rely on imported food. John O’Reilly, the company chief said that the no deal Brexit menu that they put together doesn’t include food that comes from the continent. So, instead of prawns which are imported they’d be using langoustines which come from British waters.

But the menu is not the only issue, Rank Group would face other issues in the event of no deal Brexit. Namely, 100 of their employees who work in the Gibraltar office are EU nationals that cross the Gibraltar Spain border every day to get to work.

Moreover, a large number of those who are employed in the London headquarters are also UK nationals and that could cause additional problems if they are required to leave the country. However, the company is still hoping to boost its profit and revenue.

UKGC Launch A Review Into FSB Technologies

While Rank Group are considering their options in the case of a no deal Brexit, FSB Technologies are facing a potential fine over their Blackbet site. The company has voluntarily suspended the site and all activities regarding it, but it will continue to pay out customers if they want to withdraw their funds.  

New Hot Topic – Loot Boxes And Their Effect

New Hot Topic – Loot Boxes And Their Effect

The UK Parliament, i.e. the Digital, Culture, Media and Sport Committee discussed loot boxes and their status. It appears that lawmakers all agree that loot boxes are gambling and that the Government should take extra measures to ensure that children are protected.

Operators’ Representatives Drilled At Westminster

Operators’ Representatives Drilled At Westminster

Representatives of leading UK gambling and betting operators went to Westminster where they participated in an event organised by the All Party Parliamentary Group that deals with these issues. MPs were pushing for answers as operators were responsive and agreed with many of the points raised by participating MPs.

Universal Self-Exclusion Scheme To Be Approved By The UKGC

Universal Self-Exclusion Scheme To Be Approved By The UKGC

The UKGC is set to endorse Gamstop, a platform that will enable punters to exclude themselves from all betting and gambling sites registered to offer their services in the UK.

Paddy Power To Offer NFL DFS In The UK

Paddy Power To Offer NFL DFS In The UK

A new DFS NFL product to become available in the UK and Ireland, courtesy of Paddy Power. This is the first time of this operator to offer such a product in its homeland of Ireland and the UK.

Football Index Sanctioned By The ASA

Football Index Sanctioned By The ASA

A number of providers have been sanctioned by the UK authorities for failing to act in accordance with industry standards and regulations. This time, it was Football Index that was on the receiving end.

DOJ To Appeal The Wire Act Ruling

DOJ To Appeal The Wire Act Ruling

The Department of Justices is going to file an appeal to the decision of a federal judge to overthrow the opinion from November 2018 regarding the scope of the Wire Act and whether it applies to other forms of gambling or sports betting only.