Since the ratification of the Gambling Act 2005, there have not been any significant changes in the UK’s legislation about gambling. However, a tangible move towards the over-regulating the market was publicized at the beginning of 2019, beginning with the introduction of fixed-odds betting terminal limits.
During the last two decades, the UK gambling market was flooded with online operators. The diversification of online casino platforms offers a great advantage to gambling lovers as they can choose the most suitable one.
Online casinos help players easily to enjoy your favorite slots and table games via a device that only needs the Internet. However, choosing the right online casino platform can be a challenging task. Therefore, you should do extensive research first before you pick one.
Amid the expansion of the online casinos, there are numerous calls for additional regulation on imposing a £2 betting limit on online slots and restricting VIP programs and advertisements.
However, the fast changes in the regulation will negatively affect the gamblers and create unexpected opportunities for offshore operators to tempt the UK players into registering an offer that is not approved by the Gambling Commission. To avoid the risk, all changes can be reflected in bonus aggregating services.
The UK government had admitted that the legal problems might arise due to the fast expansion of the online gambling industry. Therefore, they passed the Gambling Act 2005 with a wish to solve those issues. However, the Act was not strong enough to prevent illegal gambling activities. As a result, the government created the UKGC to ensure that the casino operators follow the laws and regulations stated in the Gambling Act.
At the recent discussions regarding some modifications in the rules regulated by the UK Gambling Commission, it stated that Britain’s betting industry is now out of control. In the next part, we will have a look at what major changes were made in the legislation on the gambling market in the UK.