U.K. CMA Probing Online Gambling Fairness

Published Friday, October 21, 2016 - Online-Casinos.com
U.K. CMA Probing Online Gambling Fairness

Corruption is rampant in so many high places it is highly unlikely there wouldn’t be bad apples in the gambling industry barrel. The point is that one rotten apple can spoil the entire basket. In the case of corruption in the online gambling the spoilt apples are ruining the entire crop. Online gambling has been enjoying great success especially in the regulated environment of the United Kingdom. The industry has grown by an amazing 146 percent in Britain since 2009 where at least five and a half million punters go online to play at casinos, sports betting and other gaming endeavours.

Now the firms which were refusing to pay up or are preventing the customers collecting the winnings are facing a probe into fraudulent activities the U.K. Competition and Markets Authority announced recently.

An inquiry initiated by the (CMA) will research whether terms and conditions outlined by operators for online betting accounts unfair. Consumer maintain that some online betting companies have been using the small print in contracts to disqualify games, alter posted odds on successful bets and put curbs on accounts that win.

The Senior Director for consumer enforcement at the Competition and Markets Authority, Nisha Arora, stated, "Gambling is by its nature is a risk but it certainly shouldn't be a con." Arora continued to add, "We’re worried players are losing out because gambling sites are making it too difficult for them to understand the terms on which they’re playing, and may not be giving them a fair deal. We are now investigating to see whether firms are breaking the law."

The U.K. Gambling Commission Chief Executive, Sarah Harrison, commented that operators are not ensuring terms and conditions are fair for the consumer of online gambling products. Harrison, added, “Gambling, by its very nature, is always going to involve risk but customers must have faith that if they win, they will not end up feeling that the deck is stacked against them because of an obscure condition that they did not properly understand.”

 

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