What Is UK Gambling License
Online casinos must be licensed by a relevant regulator that would provide support of their reputation online by issuing a license after double-checking the operator and testing the casino site. Acquiring a license is not only about paying fees for it; the more strict and reliable the regular, the more testing it enforces upon the applicant, and may even reject the application if the casino site or operator does not meet the requirements.
The UK Gambling Commission license is considered one of the most reliable ones in the online gambling niche, because this authority takes the utmost care of providing decent service. The UK gambling license is given out to betting, Bingo, casinos, software providers, lottery operators, and remote gambling (including bets made by phone).
All gambling and betting sites that want to offer their entertainment and services to the UK residents must have the UKGC license.
UK Gambling Commission Licensing Process
The Gambling Commission UK issues licenses having several important licenses in mind:
- to allow gamblig industry develop without being associated with crime, and to prevent crime in this industry
- to ensure fair and transparent gambling
- to protect underage and vulnerable gamblers
The licensing process begins with sending an application and paying the governmental fee for the application assessment. When assessing the application, the following aspects are considered by the UKGC:
- identity of the casino operator
- ownership of the platform, domain, technologies, etc.
- financial aspects and banking
- whether the platform is going to be trustworthy
- competence and qualification of the owner and team
The UKGC does not only check the owner and the site. They also check the team, software to be used, Terms and Conditions to be followed by the platform, enforce Responsible gambling policies, etc.
How Does UK Gambling Commission Protect Gamblers
One of the objectives of the UKGC is of course to protect the interests of the UK residents who use services of the gambling and betting platforms. The goals and activities of protection include:
- prevent money laundering using gambling accounts
- monitor compliance by the betting platforms
- enforce compliance
- ensure marketing and advertising is safe and limited
- ban gambling with credit cards
- prevent underage gambling
- make sure Responsible Gambling protocols and tools are used
- improve the interaction between operators and customers
- reducing gambling harms on the national level
- introducing gambling dispute resolution alternatives
- protect people on social media from gambling ads and scams
