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History and Evolution of the UK Gambling Commission

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UK Gambling Commission opens consultation on high value 'VIP' customers
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The United Kingdom has a long history of gambling, and to this day it is one of the most lucrative markets in the world. It has also become a model for gambling regulation.

The UK Gambling Commission is the government body responsible for supervising and regulating all legal gambling activities in the United Kingdom. Formed following the Gambling Act 2005, the UKGC has become one of the most highly-regarded gambling authorities in Europe. Here we will take a look at the history of gambling in the UK, how the UKGC came into being, and how it has evolved since.

Gambling in the UK: A Brief History
Evidence of gambling activities goes right back to pre-history and early civilization, and it’s certainly been a huge part of the culture of the British Isles for many centuries. People living in the Middle Ages were wagering money on activities such as horse racing and dice and card games, as we still do today. In fact, the earliest recorded legislation to do with gambling goes back to 1190, when the king decreed that betting was for noblemen only and imposed a daily limit on how much could be wagered. Subsequent monarchs continued to impose more restrictions on gambling.

The history of gambling law in the UK is uneven, although the popularity of wagering has remained high. The first government-sanctioned national lottery occurred in 1694, and lotteries were a common way to raise funds for various projects, right up until the 19th century. During this later period, concern over the perceived immorality of betting led to the Gaming and Betting Acts of 1845 and 1853, which sought to ban commercial gambling, at least for the lower classes.

It wasn’t until the 1960s that any further legislation was introduced, with the Gaming Act of 1968 allowing commercial casinos for the first time. This was the start of modern gambling law, and was the direct precursor of the codes of practice that are in force today.

The Gambling Act 2005 and the Formation of the UKGC
By 2005, online casinos and sports betting were already big business, and it was clear that the laws needed to be updated to reflect the changed landscape. The Act’s primary objectives were threefold; to ensure that gambling was not associated with crime, to guarantee fairness, and to protect youth and vulnerable persons from being negatively impacted by gambling.

The cornerstone of the new Act was the formation of the UK Gambling Commission, an executive public body of the British government sponsored by the Department for Digital, Culture, Media and Sport. The UKGC is responsible for the oversight of all legal gambling activities in the UK, both online and in physical establishments, as well as regulating the National Lottery. The Commission replaced the Gaming Board for Great Britain from 1968.

The UKGC has the power to verify that providers comply with the codes of practice established by the Act, and to investigate whether offences have been committed. It can also pursue legal action against any such infringements. Licenses are granted, refused and revoked by the Commission.

How the UKGC Protects Players
The creation of the Commission is considered to be of great benefit to consumers. The codes of practice surrounding fair play, anti-money laundering and responsible gaming have been strictly enforced since the 2005 Act, and the UK has one of the most tightly regulated gambling markets in the world. Unlike some other jurisdictions, which either leave the market totally unregulated or impose strict limits on where players can go to gamble, the UK market is both well-regulated and open.

Considering the profitability of the UK for operators, and the potential penalties for breaking the rules, casino and gambling providers are happy to comply with the licensing requirements. This gives players an enormous choice, particularly in online UK casino sites, of safe and secure providers. To guarantee that the casino sites you are interested in hold a license from the UKGC, consult a trusted source like https://casinopilot.co.uk and choose from one of their verified operators.

The 2005 Act was the most comprehensive overhaul of gambling regulation since the 1960s, but there have been some amendments since then to take into account the changes that have occurred.

Gambling (Licensing and Advertising) Act 2014
The Act of 2005 did take into account the role of online casinos, but by 2014 the ruling Conservative government decided that new rules needed to be created surrounding remote gambling. Previous to this, operators outside of Great Britain could legally advertise and provide their services to UK players, provided that they were based in the EEA or in one of the whitelisted jurisdictions specified – this included Alderney, the Isle of Man and Tasmania.

The changes brought in in 2014 refocused the licensing requirements on the point of consumption; if the end users were in the UK, then the provider must hold one or more licenses from the Commission in order to advertise or operate here. The new law also imposed a gambling duty of 15% of gross gambling profits from UK residents.

Recent Updates
The latest measures introduced to gambling law came into effect in 2018, following a consultation with industry stakeholders.

The new requirements implemented are focused on giving customers of online casino websites better tools to monitor their own gambling practices. This includes allowing players to easily access their account, gambling and transaction history for specified periods and going back a minimum of twelve months. It also requires that consumers must be able to see their net deposits rather than just their winnings, and set limits on their spending in a variety of ways. Many of these provisions had already existed as responsible gaming recommendations, but now they are part of the licensing requirements.

What the Future Holds
The future of gambling law in the UK depends on multiple factors, such as the outcome of Brexit, who is in power and how much importance future administrations will put on such matters. If Britain leaves the EU, there may need to be negotiations over cross-border gambling duty.

However, the robust UK gambling laws are an advantage for casino sites in this country who provide their services in other European markets. Current members of the Labour Party have expressed a desire to further restrict playing at online casinos, with suggestions such as capping betting amounts and banning credit card payments. Such proposals have been welcomed by some, with others cautioning that it may encourage players to turn their backs on legal sites.

As gambling evolves and changes, so must the UKGC stay abreast of and respond to developments as they occur. A recent example of action taken was in regards to fixed-odds betting terminals, which offer games like roulette and blackjack on physical machines in betting shops and casinos. When it was revealed that players in Britain were losing almost ÂŁ2bn per year, the government enacted a law to reduce the maximum stake from ÂŁ100 to ÂŁ2. The implementation and enforcement of this law is the responsibility of the UK Gambling Commission.

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of ĐĄS2

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From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

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MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

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Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

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Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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