The United Kingdom aka Great Britain is one of the pioneers in the gambling industry. With the advancement of technology and casino gambling, more players are embracing the art. Therefore, it is had to ignore casino licensing authorities. The first self-sufficient regulatory body by the UK Gambling Commission was tested in 2005, but before that, the docket was under the Country’s Ministry of Sports and Culture. In adherence to the Gambling Act of 2005, the Gambling Commission was established. As well, the commission was to collaborate with regulating authorities that were managing the industry.
After its inception, the commission was targeting the online gaming platform which had no regulating body by that time. The UK Gambling Commission took over full management of the industry in October 2013. By 2014, the UKGC had penetrated the UK market and it became the overall regulator. The UK Gambling Commission started to impose the tax on all online casino gambling which boosted the economy of the country. Up to today, the UK Gambling Commission stands as one of the most reputable authority based on their integrity, transparency, and fair gameplay to players.
Types of Licenses Issued
The UK Gambling Commission comprises the entire online gambling activities offered with their jurisdiction. If a casino operator wants to obtain any type of remote licensing to carry out gambling activities or advertise, they will be required to apply for a specific license for each gambling activity. Some of the different activities you can acquire a license to include:
- Online lotteries
- Online gaming software
- Machines and other gaming devices
- Online games and slots
- Online sports betting
- Online Bingo
Additionally, if the gaming company has top management staff members, the owner will also have to obtain a License for Personal Management. The license states that anybody responsible for the company’s financial budgeting has a go-ahead from the UK Gambling Commission.
The Roles of the UKGC
The main role of the commission is to monitor the gambling industry. As well, the commission regulates the following:
- Protect players from all criminal activities
- Provide free and fair gaming environment
- To protect all minors and other vulnerable
- Ensure that only those who had attained the right age participate in gambling
- To investigate and expose offenders
- To regulate safe payment options
Final Words
Players who use gambling platforms licensed by the UKGC enjoy multiple benefits including top-notch security. You will have a good gaming time as your security is assured on full-time. And if you’d like to explore some of the big names licensed by this commision then SpinIt, Unique and Guts.