No mercy to non-conformists by UKGC

4 Jul 2018

ukgc-strict-finesThe United Kingdom Gambling Commission (UKGC) have upped their game on dealing with casino brands operating within UK. Neil McArthur, CEO of the well-known regulatory board, demonstrated the organization's strict policy towards non-conformists by saying that they will face a "relentless escalation" in penalties. McArthur seems to be pointing out the path UKGC has been on with regards to marketing campaigns, compliance and money-laundering activities is one of rigid determinism.

An interview with the Financial Times was the perfect opportunity for UKGC's CEO to once again make more than clear that the organization will not tolerate operators that ignore signs of problem gambling or funds from money-laundering. McArthur seems set on retaining the same stringent measures to ensure that brands abide by the board's rules. He also announced that there will be even greater fines as was evident in the last 12 months. Operators that failed to comply with UKGC's regulations paid a total of £18 million as a corrective measure last year. Taking into account that the year before the total amount came down to £1.6 million, one can easily see that the organization is determined to not go soft.

The largest amount of last year's penalties was paid by 3 brands, namely William Hill, Coral Interactive, and 888 Holdings, mostly due to not taking UKGC rules' implementation very seriously. While the 3 operators found the fines extremely strict and excessive, none resisted payments. McArthur concluded by emphasizing that the board will definitely continue on this path.

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If you would like more flexibility in betting, then Coral is the bookmaker you’re looking for. A lot of combined bets are offered in almost every match, making the number of available selections the highest In the world. Their 90 years of betting experience is a sign of stability, while their recent strategy consists of merges with other bookmakers given that they wish to remain on the top. Their easy to use mobile app is one of their greatest plus, as well as the huge section of non-sports betting options (casino, slots, virtual sports). We’d like to see more currencies being accepted (especially EUR and USD) beside the British Pound, which is the only option so far.

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