Today, the gambling has moved from the side streets onto the main streets and now more and more in your homes. The prime focus of this page is to share information related to UK internet gambling licenses.
Although there are no specific laws in UK on governing Internet gambling operations, there do exist several different laws and regulatory schemes applying to gaming, betting and lotteries. Due to particular legal requirements for UK internet gambling licensing conducting these games, gambling is illegal on the Internet. The Gaming Board for Great Britain is the organization that regulates casinos, bingo clubs, gaming machines, and charity lotteries.
The Gambling Act 2005 for the first time subjected gambling over the internet to regulation. This clearly shows that gambling as an activity is becoming increasingly normalized. All casino operators based in the UK have to apply for a UK internet gambling license from the Gambling Commission if they wish to offer gambling services of any kind. They can then advertise their services too.
The Gambling Commission handling UK internet gambling licensing is funded largely through licensing fees. Their main objective is to ensure that the internet casinos keep to a code of conduct so as to protect vulnerable people and children from the undesirable effects of gambling online.
Although the companies that offer internet gambling services to UK citizens are often placed outside of the UK, the Government waned to be sure that that these operators would meet the standard terms of regulation even though they could not be prosecuted under UK law. They were given the right to advertise, only if they are based in a jurisdiction that is considered to have equal standards of regulation and internet gambling licenses in UK, under the Gambling Commissions licensing code of conduct. For instance, a casino operator based in Malta would be allowed advertise its services for internet gambling on billboards in the UK because it ensures a standard of internet gambling licenses which is equal to that in the UK.
The Government’s solution is compounded by a further problem, namely trade agreements at the EU level, which mean that all countries in the EU have to be treated equally when it comes to the free market. This means that all countries in the EU are automatically on the white list even though these countries do not have a similar level of regulation to protect the vulnerable or children. For obvious reasons this is not ideal.