£7,000 financial penalty imposed on high street betting operator
Date: 21 March
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
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.
Notes to editors
The Gambling Commission
- 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. 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. See the Terms & Conditions section of our website
for information on legal advice.
- 4. Details of the Commission’s approach to Licensing,
Compliance and Enforcement are available on our website
- 5. Further details of the Regulatory Panel’s decisions are available on our
- You can call John Travers on (0121) 230 6700 or email him