£7,000 financial penalty imposed on high street betting operator

Press release

Date: 21 March 2011

The Gambling Commission (the Commission) has formally warned two licensed operators, both trading as Oddsit Bookmakers, and imposed financial penalties totalling £7,000 for breaching conditions of their operating licences. This follows a licence review under section 116 of the Gambling Act 2005.

On 16 December 2010 the Commission’s Regulatory Panel was asked to consider a review of two operating licences in light of alleged breaches of specific licence conditions. The Panel decided to issue the operators with a warning, attach a condition to the operating licences and impose financial penalties totalling £7,000.

The two licence holders are i) Nicolwain Ltd and Trevor Newman, Richard West, Michael Lamont and ii) Nicolwain Ltd. Both licences are trading as Oddsit Bookmakers. In February 2010, both operators were formally warned and had additional licence conditions imposed by the Panel for breaching licence conditions and failing to comply with social responsibility codes of practice.

Ends

Notes to editors

The Gambling Commission

  1. 1. The Gambling Commission (the Commission) regulates gambling in the public interest alongside its co-regulators local licensing authorities. It does so by keeping crime out of gambling, by ensuring that gambling is conducted fairly and openly, and by protecting children and vulnerable people from being harmed or exploited by gambling. The Commission also provides independent advice to government on gambling in Britain.
  2. 2. The Commission and local licensing authorities are responsible for licensing and regulating all gambling in Great Britain other than the National Lottery and spread betting, which are the responsibility of the National Lottery Commission and the Financial Services Authority (FSA) respectively.
  3. 3. See the Terms & Conditions section of our website for information on legal advice.  
  4. 4. Details of the Commission’s approach to Licensing, Compliance and Enforcement are available on our website
  5. 5. Further details of the Regulatory Panel’s decisions are available on our website.

 


Further information

  1. You can call John Travers on (0121) 230 6700 or email him via communications@gamblingcommission.gov.uk.