UKGC unveils Five Key Points for new strategy

15 Nov 2017

UKGC STRATEGY_1The UK Gambling Commission’s has released a new proposal and has revealed their plans to reform how gambling is regulated in the UK. The goal is to further strengthen the British in five priority areas.

Knowing that 63% of the adult population gambled at least once last year, the UKGC believes that it is necessary to minimize the inherent risk of gambling and protect players' interests.

The Five new priority areas include:

  • Protection of players, with strict penalties for bookmakers who treat them unfairly.
  • Players’ protection from addiction and briefing about responsible gambling.
  • Raising the standards of the gambling market.
  • Optimizing returns to good cause (charities, addiction funds etc.) from lotteries.
  • Improving the regulatory procedures of the Commission.

Bill Moyes, the Gambling Commission Chair, said: “This is an ambitious strategy to deliver fairer and safer gambling over the next three years. We can only be successful in this by engaging with consumers and by working closely with all our regulatory partners and the industry. In the same way that this strategy challenges the industry, we also challenge ourselves, as the regulator, to deliver effective, targeted and innovative regulation. At the end of three years, we expect to see an industry that strives continuously to raise their standards, treat customers fairly, and protect vulnerable people”.

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
UFC 286: Edwards vs Usman Odds & Preview Featured Image

One of the biggest UFC events of the year takes place on Saturday, March 18 at the 02 Arena in London. UFC 286, starting at 19.00 local time, features...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

Bet-at-home To Use EveryMatrix’s Sports Betting Platform Featured Image

European bookmaker Bet-at-home has launched its new sports betting solution from EveryMatrix, replacing its present platform. EveryMatrix’s Odds...

Read more »

Stake.com Becomes Official Partner Of Alfa Romeo F1 Team Featured Image

The renowned crypto bookmaker Stake.com recently signed a deal with Alfa Romeo F1 Team to become their name sponsor. The partnership is going to stand...

Read more »

1xBet Issues Press Release To Shoot Down Allegations Featured Image

On 25/1/2023, 1xBet issued a press release to shoot down claims from a recent article, that came to light stating that the bookmaker is currently faci...

Read more »

Stake.com Pays Out On Arsenal As Premier League Champions Featured Image

The online sportsbook Stake.com has already paid out on outright bets on Arsenal to win the league, as they went onto 50 points after 19 games with a ...

Read more »

1xBet Nominee In Multiple Categories At 2023 IG Awards Featured Image

Established back in 2007, 1xBet is considered one of the leaders in the sports betting industry. Therefore, the 11 nominations the brand received for ...

Read more »

BetConstruct Cryptocurrency Transactions Allowed By MGA Featured Image

The Malta Gaming Authority has given BetConstruct, a member of the Vivaro Limited Group, permission to begin accepting bitcoin and other cryptocurrenc...

Read more »

Newcastle United Odds On Premier League Top-4 Finish Slashed Featured Image

Following an emphatic 3-0 away victory against Leicester on Boxing Day, Newcastle United have established their spot in the English Premier League Top...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner