Dear iGaming Insides wrote the news (about UKGC and the VIP player scandal):
https://t.me/igaming_inside/2076
We only have one comment on this. And what did they (UKGC) want? The regulator (UKGC) has been staffed for years in a row exclusively by people who, who understand nothing about business, understand nothing online, and as a result are as far from knowing the iGaming industry as possible. All they have been doing for the last 10 years is destroying their own market, making life difficult for operators, killing affiliates, and creating the UK iGaming Black Market with their own hands.
Previously, offshore operators did not work particularly for the UK, there was a completely reasonable regulated market. Until they received a gift in the form of an incompetent UKGC (where 0 people with experience in iGaming work) and players, after all their «reforms», ran en masse to offshore companies. And UKGC continues to destroy what still works.
Now they're surprised regulated operators send VIP players offshore. Naturally send. Naturally all major UK products have offshore operators associated with them. What else can they do with them? VIP player will go there anyway. Well, the regulator + legislators created this reality themselves. They obliged operators to find out the origin of funds from players. Forced them to «voluntarily pay» % to combat gambling addiction. Taxes were raised to such an extent that regulated products are deprived of the opportunity to give VIP players normal odds on bets. And now they portray a sincere misunderstanding of why operators send VIP players offshore.
Personally, we faced the idiotic demands of the UKGC for the first time 8 years ago (2017).They then declared war on built-in demo games on gambling offsites, and we specialized in just such things. Some crazy journalist wrote in The Guardian (Today's news about VIP players is from the same place. The Guardian media team is simply obsessed with hatred of iGaming business if anyone suddenly didn't know. Never comment to their journalists, even if you have a 100% white iGaming product/offsite. They will expose you as complete villains) that free games provoke gambling addiction.
It's not really. They're used to treat addiction on the contrary. But not the point. The UKGC was frightened by media criticism and almost the next day banned operators from accepting traffic from free-game offsites.
Naturally, who had such UK traffic instantly switched it to offshore. This was only the first step, in the subsequent series of crazy decisions by the UK regulator. Now regulatory schizophrenia in the UKGC continues, players, operators and affiliates are still fleeing offshore.
ps decided to look at the interest of who now heads UKGC. There are constantly changing leaders, but everyone has a common denominator - zero experience in the iGaming industry.
Another A.Rhodes. Read a biography. His maximum in business, a hired employee at an audit firm for several months. Then his whole life in public service. First worked on the city council. Then at the state agency for control of trucks and drivers. Then at the state agency for food standards (meat department).Then worked for the audit committee of the Air Force.Then worked for the Ministry of Labor and Pensions.T. Then taught at the university. And in 2021, the government decided that a person with such skills was an ideal candidate to regulate the iGaming industry. However, before him there were about the same.
R2B.News