Casino Regulations
Category: Casino
The UK has always had a hard-nosed approach in the regulation of online casino gambling but due to the continuous rise of problem gambling over the years, new laws have been introduced to further regulate the gambling industry.
GamCare, a charity set up to combat gambling addiction, has once voiced out their concern to the UK Government. This and the steady increase of problem gamblers over time led to the passing of the Gambling Act 2005.
The Gambling Act 2005 has been enacted in September 1, 2007 in place of the Betting, Gaming and Lotteries Act 1963, the Gaming Act 1968 and the Lotteries and Amusements Act 1976. Under the Gambling Act, online casinos can obtain a license to operate from the Gambling Commission once they have complied with all the necessary requirements in obtaining a license.
The Gambling Act 2005 has the following objectives:
1. To prevent gambling from being associated with crime or from being used to support and encourage crime.
2. To ensure that gambling is conducted fairly and openly.
3. To protect children and vulnerable people from being harmed or exploited by gambling.
Advertising campaigns are also being regulated. According to the Gambling Commission, licensed gambling operators who wish to advertise will need to comply with the advertising codes of practice which apply to the form and media in which they advertise their gambling services.
It is without doubt that the UK has been working real hard to make everything fair and square for everybody in the gambling industry – for the gambling operators, so they can lawfully operate in accordance with the Gambling Act’s objectives, and for the game enthusiasts, so they can gamble responsibly and not be exploited or harmed by gambling.
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