UK Gambling Commission
The UK Gambling Commission ( UKGC ) falls under the 2005 Gambling Act. Its creation was due to the rise in internet gambling which needed to be regulated. Moreover, to set ground rules and regulations for casinos offering services to UK players.
UK Gambling Commissions Responsibilities
The UKGC main responsibilities is to ensure that their gambling market is open for any gambling company operating in the UK. They also protect people from any adverse consequences associated with gambling. Furthermore, they have become known as once of the best authorities in the Industry.
The above are just the tip of the Iceberg as they are responsible for far more:
- Ensuring the license holders have separate banking accounts for safekeeping of players funds.
- Regulating and controlling their licensees in terms of the procedures when verifying the age of players.
- They ensure that their license holders take all the necessary precautions to protect the players that appear to have problematic gambling behaviours.
- The UKGC also does audits on their license holders to confirm they use licensed software providers.
- Making sure advertising is not misleading.
Safe payment technologies is another important factor. Therefore, the Gambling Commission keep a watchful eye to avoid and detect any sign of money laundering. Most notably, as of 14 April 2020 UK residence can no longer fund UK casino accounts using credit cards.
Lastly, they have a strict policy when it comes to their betting companies having the appropriate systems in place to assist members with any problems.
Types of Licenses
The United Kingdom Gambling Commission covers all online gambling activities and licenses. Moreover, It is for any operator that wants to apply for a remote license to operate in the UK. However, they must get a separate license for each type of betting activity, and this includes:
- Casino Games
- Gaming Software
- Gaming Machines
Player Benefits of Joining a UKGC Regulated Casino
The benefits of playing at a UKGC Regulated Casino are:
- Player Protection
- Players Funds Separated
- Fair Gaming
- Operator Accountability
The UK Gambling Commission came about in 2005 to regulate all forms of gambling in the UK. This was to protect players and ensure a safe, fair and responsible gambling experience. Any company offering gambling services to UK players are required to hold a UKGC license. Therefore, proving how serious they are about protecting their citizens.