
Peter Howitt Managing Director, Gibraltar and Partner
VIP Schemes Deadline 31st October 2020 – Are you ready?
This Guidance underpins LCCP Social responsibility code 5.1.1 which requires operators to ensure that such schemes are offered in a manner which is consistent with the licensing objectives. We would advise operators at the outset that whilst the Commission has not prohibited under 25’s from being able to join such schemes, trade representatives had suggested such schemes should be closed to under 25’s unless signed off specifically by a PML Holder.
Failure to comply with have consequences for both Operating Licence Holders and Personal Management Licence Holders.
For more information about the VIP schemes, click here.
Our Gambling Regulation Health Check service was developed with your business in mind. As a part of our service, we review the policies and processes you currently have in place, and produce a report based on our findings to provide you with the assurance that you are satisfying the new Gambling Commission regulations.
For more information about our health check service, please do not hesitate to get in touch with the team (right).
08-11-2021 / Gaming & Betting
Meet our gaming experts at SiGMA, Malta from 15-19 November
23-09-2021 / Gaming & Betting
The report on the government’s independent review of the collapse of Football Index was published yesterday. It is important to note that the terms of reference did not include an assessment of how the product should have been regulated, nor was the purpose of the review to apportion blame for the company’s collapse.
23-09-2021 / Gaming & Betting
“Both the frequency and severity of enforcement is increasing all the time,” Tait told ACAMS moneylaundering.com. “Operators are struggling to keep pace with … new regulations and rigid enforcement, and having to divert more and more resources to try and stem the tide.”
21-09-2021 / Gaming & Betting
Join the team at the KPMG Gibraltar eSummit
09-11-2020 / Gaming & Betting
The Gambling Commission has published a consultation for the remote sector to improve standards of Customer Interaction.
23-10-2020 / Gaming & Betting
See the latest edition of Lexology ‘Getting The Deal Through - Fintech 2021’, in which our industry experts, Peter Howitt, David Borge and Kunal Budhrani, discuss the Fintech landscape and initiatives in Gibraltar.