The UK Gambling Commission (UKGC) is a regulatory body responsible for maintaining a safe gambling environment in the UK. The regulator is doing operator checks on a regular basis to ensure that they follow its rules. As a result, many of them get suspended, like the two gambling companies we’ve recently reported about.
As part of its work, the UKGC is running a National Lottery Licence Competition, which is one of the world’s largest and oldest lotteries. The Fourth National Lottery was officially launched last year, and now the regulator is giving an update of its timetable.
Namely, the Commission decided to extend the timeline for Phase Two of the competition by a further 10-week period.
DCMS to evaluate the competition process
Yesterday, the UK Gambling Commission announced that it will extend the timeline for Phase Two of the Fourth National Lottery licence competition, following representations from applicants and experience from Phase One. The new timeline will see four weeks for the application stage and six weeks for evaluation.
Also, to facilitate these changes and ensure a smooth transition, the Commission will extend the Third National Lottery licence by six months. This means that the Fourth National Lottery licence will begin in February 2024.
In the meantime, the Department for Digital, Culture, Media & Sport (DCMS) launched an inquiry to evaluate the competition process of the National Lottery. The Department needs to make sure that the competition is fair and controlled. As they announced, there were many concerns that “returns for good causes had not increased at the same rate as the profits of the current operator, Camelot”.
As a result of these concerns, the DCMS confirmed that changes will be made to the operation of the licence. It will evaluate how effectively the Fourth Competition runs and how returns for good causes should be calculated under the licence. Moreover, the DCMS will look for ways to ensure a smooth transition between the Third and Fourth licence periods.
Scientific Games acquires Lightning Box
If you thought that SkillOnNet and Swintt were the only ones that made partnerships with other operators these days, you’re wrong. Another partnership is on its way and it’s in the form of acquisition. As it was reported, Scientific Games has acquired Sydney-based slot developer Lightning Box.
The acquisition expands Scientific Games’ team of developers and strengthens its online slots portfolio with the addition of popular titles from Lightning Box. The two operators have a long-lasting partnership and Lightning Box games were already available on Scientific Games’ OpenGaming platform in the US.
Dylan Slaney, Scientific Games SVP of Digital Gaming, said that Lightning Box games are hugely popular so the company is excited to welcome the operator’s talented designers to its team. On the other hand, Lightning Box co-founder and chief executive Peter Causley said that this is an amazing opportunity and recognition of Lightning Box’s efforts.