Industry News
UKGC unveils roadmap for fairer gambling
The United Kingdom Gambling Commission (UKGC) revealed yesterday a new strategy that is set to help form a well-regulated gambling market dedicated to consumers. The strategy sets out the regulator’s focus and commitment in five point areas.
As the UKGC said in a statement, the five priority areas are protecting the interests of consumers, as the commission expects operators to intervene in order to make play safe and protect those who are at risk. Operators, including lotterys, will face toucher and broader sanctions if they fail to treat customers fairly.
The second point is preventing harm to consumers and the public: the Commission expects consumers to be provided with more information about gambling. Optimising returns to good causes, improving the way the Commission regulates and raising standards in the gambling market are the other three major points.
This strategy revolves around work the Commission has been doing to make sure that consumers are protected, as well as it reveals the vision for faster progress. Bill Moyes, Chairman of the UKGC, said: “This is an ambitious strategy to deliver fairer and safer gambling over the next three years. We can only be successful in this by engaging with consumers and by working closely with all our regulatory partners and the industry.”
“In the same way that this strategy challenges the industry, we also challenge ourselves – as the regulator – to deliver effective, targeted and innovative regulation. At the end of three years we expect to see an industry that strives continuously to raise their standards, treat customers fairly, and protect vulnerable people,” he added.
-
Africa5 days ago
Altenar obtains National Manufacturer licence in South Africa
-
Industry News3 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Asia6 days ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024
-
Latest News3 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Australia4 days ago
AUSTRAC Takes Ladbrokes and Neds’ Operator – Entain – to Federal Court Over Serious Non-compliance with Australia’s Money Laundering Laws
-
eSports5 days ago
GRID Joins IBIA as an Associate Member, Strengthening Esports Integrity
-
Australia6 days ago
Regulating the Game 2025 adds masterclass on safer gambling training and customer care
-
Interviews5 days ago
FTDx Wins Xanada Startup Contest: Unlocking Untapped iGaming Traffic with Innovative Monetization Solutions