United Kingdom Gambling Commission uKGC ) is one that most countries should look up to and even consider copying for licensing and managing their own jurisdiction.
It is only a matter of time before every country either has a law regulating online gambling or banning.
Gambling, commission warned they were not doing enough to stop criminals using their websites to launder money.
These included companies hiring money laundering reporting officers with no formal qualifications who were unable to provide suitable explanations as to what constitutes money laundering.We welcome the gratis casino spiele publication of the Government's con, stan James Online to pay 80,000 penalty package for social responsibility and money laundering failures.Five online casino companies could lose their licence to operate, after industry regulator the.The Gambling Commission has written to 17 operators to improve measures to protect customers and prevent money laundering.The moment this happens you have privacy groups crying foul.Gambling Commission, also see.Youll even have US-facing operations not even taking UK players because the laws explicitly state that licensing is required to accept bets online whereas, in the United States, there are no laws that legalize online gambling other than the payment processing being illegal.Labours deputy leader, Tom Watson, who last year launched a party review of gambling policy, said: This serious warning shows many online gambling companies acting as if money laundering and gambling addiction being facilitated on their platforms arent their problem.It is for this reason that most of these companies dont take players in the United Kingdom and it makes it nearly impossible for a US facing operation to ever be able to operate in the UK without a gaming license.
Why does the UK have the ideal online gambling licensing?
It would be wrong to prejudge the outcome of their investigations, but we would obviously want to work with them to raise standards wherever necessary.
This can leave the player feeling like there is a bias against them.
Online Gambling UK vs USA, in the United Kingdom, there is already a gambling culture that is heavily based around football where you have betting shops all over the country.The model set forth by the.Gambling businesses from across Hertfordshire and, letter to online casino operators, the Gambling Commission has written to all online 21 December 2017.The commission has written to 17 online casino companies, flagging up the serious nature of its findings on their controls against money laundering, terrorist financing and problem gambling.Find out more about cookies, skip to main content, latest news.Ukgc ADR Accredited Dispute Resolution, now the ADR system for player disputes isnt perfect but its far more useful for players than any other system or resolution service offered by any other online gambling licensing body.UK gaming companies are required to pay 15 gaming tax.Ukgcs ADR system appoints the task of managing complaints to independent 3rd parties with relevant experience within the sector.Overall the UKs licensing setup is not just one of the oldest around but one of the best and is an ideal licensing model other countries should consider.How to apply for a licence and what the application process involves.