UKGC wants safe and lawful “Fantasy Football”

19 Jul 2017

ukgc fantasy footballAhead of the start of the new football season, the UK Gambling Commission has warned “Fantasy Football” operators in Britain. The UKGC mentioned that they have to make sure that their leagues, prizes and promotions in general, are compliant with the existing legislation. The Commission advised firms to check, in which occasion they have to acquire a pool license.

According to the current legal framework, “Fantasy Football” operators need a specific license to offer real money wagering markets. The only exception to this, is when the game is carried out for recreational purposes, where no monetary prize can be claimed.

The UK Gambling Commission also told operators they have to be really careful with social media marketing tactics, as they must not encourage people to play/gamble without warning them about possible dangers.

Ben Haden, Programme Director at the Gambling Commission, said the following in a statement on the UKGC website: “Fantasy football is no doubt a popular pastime for many during football season and many will be thinking about setting up their own league this summer. We want to ensure that those organising these leagues - whether it’s between friends, work colleagues or otherwise - are aware of the legalities and do not breach gambling rules.”

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

The online sportsbook Vbet has extended the partnership with AS Monaco for three more years until 2025. The deal, which began in 2020, will allow the ...

Read more »

The Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totaliza...

Read more »

The online gaming giant Entain, the owner of brands like Interwetten, has won the Advanced Safer Gambling Standard award by GamCare for providing play...

Read more »

One of the pioneers of online betting, Interwetten, has signed a new regional long-term sponsorship deal with English football giants Liverpool FC. Fa...

Read more »

The global online sportsbook 1xBet recently paid out some big winnings. A bettor from Yaounde, Cameroon, signed up with the bookie and placed a 12 eve...

Read more »

The international online sportsbook NetBet has added Apple Pay as a payment option for French players giving locals another top-notch method for depos...

Read more »

The online gambling operator Kindred Group, which incorporates several brands like Unibet, has announced that it will further contribute to the mental...

Read more »

The Treasury of Kenya has published the 2022 Finance Bill, which re-introduces the controversial 20% tax rate on wagering stakes. Despite the protests...

Read more »

The international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform’s global integr...

Read more »

The state-owned gaming operator in Finland, Veikkaus, has agreed on a double partnership with the Football Association of Finland (SPL) and the countr...

Read more »

LATEST BOOKMAKER PROMOTIONS