UK Online Gambling Legislation – London Business News

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If you are interested in the subject of online casinos, you will know that there are several jurisdictions that grant gambling licenses to operators, which effectively gives them the right to offer their services legally. There are many common ones, but the UK Gambling Commission is undoubtedly the most reputable and famous in the world.

In this country, there have always been government bodies that have controlled this sector, however, the Gambling Commission, as we know it today with its regulatory elements, was not set up until 2014.

A look at its history takes us back to 2007, when it was established under the Gambling Act 2005, which was updated to adapt regulations around the licensing and advertising of gaming companies. games in the aforementioned year 2014. Following changes to the legislation, the UK Gambling Commission has taken over overall control of professional standards in the online gambling industry.

It emerged as an institution in response to the growth of online gambling (remote operators) in the UK, a sector which since its emergence has continued to grow, currently accounting for around a third of the gambling market. money in the country.

It is a public and independent entity, whose main objective is to regulate commercial games and the National Lottery. Since its creation, it has been the authority responsible for managing gaming licenses and ensuring that the list of online casinos authorized to operate in the United Kingdom does not include any that do not meet the requirements necessary for their maintenance.

They report to the Department of Culture, Media and Sport and operate from a Board of Commissioners divided into several decision-making committees. In total, it employs some 250 people, most of whom work from offices at its Birmingham headquarters, working closely with UK gambling licensing authorities, the police and the Inland Revenue.

This gambling commission is one of the strictest regulators in existence. An online casino in the UK must endeavor to obtain one of its licenses, which naturally gives the operator the right to provide its services to English players. Anyone who does not strictly follow the regulations established by this entity could have their license revoked.

Among the advantages of playing in casinos regulated by the UK Gambling Commission is the certainty of knowing that it is not a scam, as it protects players, verifies operation, ensures deposited funds and guides in case of conflicts.

Without a doubt, it is a guarantee that any casino or betting house having its registered office, headquarters or carrying out its activity in this country, is required by law to comply with regulatory standards on the processing of personal and financial data. players, respecting their right to privacy. This is essential for obtaining and maintaining a license.

The implications of these standards, in addition to confidentiality, help to avoid the risks of exposing your data to malicious third parties, or who could profit from this information without your authorization. This ranges from the commercialization of data for advertising purposes to identity theft or theft of capital. These data privacy security standards also serve to minimize the risk of cyberattacks.

Gambling system testing is another of the main anti-fraud measures carried out by the UK Gambling Commission, which verifies that all casino games (slots, blackjack tables, roulette, etc.) are truly randomly operated and do not can be manipulated.

It also includes the actions to be taken in the event that external factors, such as a connection cut, affect the outcome of the game. In general, all these possibilities are envisaged in the terms and conditions of each game.

These are some of the features of the UK Gambling Commission that help explain why it is so important that you always play in regulated casinos: otherwise you will have no rights, and defending yourself in the event of a scam will be very difficult.

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