United Kingdom Jurisdiction
The United Kingdom has a very active gambling community. There are a large number of bet shops, lottery games, horse race tracks and some very nice casino properties in England. For a long time, there was a real lack of leadership in terms of developing comprehensive regulations designed to ensure that all gambling facilities and sectors were properly regulated for the benefit of the patrons and citizens.
In October of 2013, Parliament answered pleas for a regulatory body by establishing the Gambling Commission with the Gambling Act of 2005. With the new Gambling Commission, the government was able to eliminate the National Lottery Commission and move all forms of gambling under the commission's control. This move has been well received by citizens who have seen a proliferation of bet shops, online casinos and online sports books in recent years. This jurisdiction is a Whitelisted Entity.
The casino, bingo and poker sites below are able to accept registrations from players residing in the UK. Some of these sites have a "continuation" license until they are fully reviewed by the Gambling Commission. T&C's apply to all bonus offers on this site. Must be 18+. BeGambleAware. Click for a list of all jurisdictions.
Gaming Laws in the UK & the 2014 Gambling Act
Under the guidance of the Gambling Commission, the Licensing Authorities are responsible for deciding which gambling entities are qualified to receive a license to operate within the United Kingdom. Aside from licensing responsibility, the Licensing Authorities are also responsible for regulating gambling machines and devices. In the last couple of years, this has been a very important function given the robust debate that is taking place over fixed odds betting terminal (FOBT). There have been growing concerns about the easy accessibility of the FOBTs and the effect it is having on local communities. The Gambling Commission also oversees the operations of the primary horse racing regulatory body, The British Racing Authority. The British Racing Authority has operated for many decades overseeing one of the best horse racing industries in the world.
Regulating Remote Gambling in the United Kingdom
It wasn't until recent years that online casinos were allowed to operate on the shores of the United Kingdom. Online casino gambling and online sports books are very popular in England, but there are a very limited number of online casinos and sports books licensed to operate for one very important reason: the taxation policies are detrimental to casino operators. With complicated and excessive tax regulations in place, it is more fiscally responsible for casino owners to maintain facilities and licenses in places like Malta, which is actually still operating as a British colony.
After many years without clear regulations, Parliament finally passed the Gambling (Licensing and Advertising) Act of 2014 on May 14. Under the new law, any online casino or sports book that operates in Britain or advertises to British citizens is required to obtain a license to do so. It is very interesting that Betfair, Ladbrokes and William Hill all took big hits to their respective stock prices with passage of this law. These are the three biggest publicly held gaming companies in England and they all derive significant revenues from online operations. The biggest reason for this adverse reaction is twofold. First, these companies will now have to pay 15% in taxes on all profits earned from UK citizens. Secondly, they will be required to report any suspicious gambling behaviour from UK citizens to the Gambling Commission.
Click to visit UK Gambling Commission official website.
Posted by CCJ Team