UKGC in the News — Weekly Round-up for April 14, 2017

Premier Punt Secure UKGC License

Ready launch of sportsbook product.

Scottish daily fantasy sports operator, Premier Punt, has been awarded a licence from the U.K. Gambling Commission (UKGC).

Working on the premise that fantasy products will funnel users into sportsbook, Premier Punt is in the process of completing its Daily Fantasy Sportsbook product which it says will complement its current core DFS offer, working from the same app and wallet.

Premier Punt also report that the company has achieved ‘Patent Pending’ status on its US focused product.

“We don’t know what will happen in the US with regards to whether Trump will legalise sportsbook betting nationwide but if that does happen and we get our patent then we’ll be well placed,” Premier Punt’s general manager, Chris Rae, said.

“It also gives us international protection for 12 months so it gives us options geographically. Having said that, there are no immediate plans to branch into the US for now”.

“The release of the first phase of our new product is imminent and we think it will revolutionise the way users bet on sports and fantasy sports,” John Gordon, chief executive officer of Premier Punt, added.

“This has been the culmination of several months of hard work from all involved with Premier Punt, so it is very exciting that we are almost at the point where we can share the fruits of our labour with our customers and the gambling world at large.”

UKGC Licenses Pragmatic Play

With Remote Gambling Software Operating license

Digital games provider, Pragmatic Play, has been granted a remote gambling software operating license by the U.K. Gambling Commission (UKGC).

“It [the license award] is part of our continued regulatory and technical compliance strategy and demonstrates that we are fast becoming the global player of choice for significant B2C gaming brands, which allows our current and future U.K. licensed customers a complete array of U.K. certified gaming products to go to market with,” Yossi Barzely, Head of Business Development at Pragmatic Play, said.