U.K.Regulated Online Gambling Progress Report

Published Friday, July 22, 2016 - Online-Casinos.com
U.K.Regulated Online Gambling Progress Report

The United Kingdom has been regulating online gambling for years now and the UK Gambling Commission is continually improving the system. The Commission’s annual report details how it will continue to focus on the needs of consumers and security.

The publication gives the public an overview of the UK Gambling Commission’s operations and financial situation for the 2015-16 year, plotting its progress over the past 12 months.

Point of consumption legislation in Great Britain came into force in November 2014 for online gambling. This legislation significantly changed the gambling landscape it went from regulating less than 15% of online activity by consumers to regulating the entire market.

The UKGC stated further enforcement against operators that failed to take sufficient action on social responsibility and money laundering would be forthcoming. UKGC chairman Philip Graf commented,

“Over the past two years we have emphasised to boards and business owners the importance of putting consumers at the heart of business culture and practice, and managing the risks of gambling-related harm and money laundering,” Graf continued,“There has no doubt been a very welcome change in attitude in a number of major companies.” “However, whilst there has been a great deal of activity, it is also clear that much still needs to be done, including by my successors, to deliver real impact.”

The Chief Executive Officer of the UKGC, Sarah Harrison, also commented, “We will continue to work to put consumers at the heart of regulation.

“This will include building on vital work to protect the most vulnerable, and setting standards for responsible and safe gambling.

“Here, making progress on delivering the new three-year National Responsible Gambling Strategy will be critical.

“We have launched a change programme to develop our people and plan, later in the year, to begin work on a new forward strategy which will help support our future work to keep gambling fair and safe for all consumers.”

 

 

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