Tag: online gambling
Undertakings in the online gambling competition investigation
First published by Author on November 23, 2018 in the following categories: Industry Investigations and tagged with cma | competition law | market abuse | online gambling
The regulatory investigation into online gambling competition led to undertaking being signed by key players in the market.
Undertakings are always a positive step in ensuring there’s fair competition in the market. The regulator, the Competition and Markets Authority (CMA), declared enforcement action earlier this year. Now, two big companies in the market have agreed to formal undertakings to improve their practises.
This should ensure that online gambling competition is healthy and consistent. This approach should always benefit the consumer.
Are online gambling companies treating their customers fairly?
First published by Author on May 11, 2018 in the following categories: Industry and tagged with online gambling
Are online gambling companies treating their customers fairly? The UK’s Competition and Market’s Authority (CMA) has been reviewing the industry for a while now, and with the recent story about gambling company LeoVegas said to be “failing” problem gamblers, it’s a market that needs a very close eye on it.
The CMA has been asking online gambling firms to agree to a number of undertakings as they continue to watch over this lucrative but also somewhat problematic industry.
The CMA has written to more online gambling firms about their practices recently as a number of enforcement actions have been taken to ensure the market is healthy, and ensure online gamblers are free of unfair obstacles and practises.