The UKGC (The UK Gambling Commission) is having a consultation on remote gambling and the Licence Conditions and Codes of Practice (LCCP).
They have just said in their newsletter that this will begin later this week.
This is important because every major poker and casino site will have to get a UK Licence next year if they want UK customers and the conditions within the LCCP will apply to all players, not just those in the UK.
Essentially those LCCP regulatory rules will be the new default standard for online poker/casinos that the sites need to comply with.
The Chair of the UKGC has made clear that two major parts of the consultation will be:
1) Player fund protection
(post the Full Tilt debacle. That had a big impact upon the regulator and the politicians and the new tax law (Point of Consumption) will include new powers for the commission on player funds).
2) Poker Regulation
Currently the UK has one tiny poker licencee and so little or no experience of online poker regulation. It does have the legislative structure and powers to do the job well but they will need to be encouraged to do so.
I will be doing a poker based submission to the consultation but anyone with any interest in remote gambling should be looking to submit their views to the consultation.
There is no shortage of issues, pick your fave and have your say. Reversal of withdrawals? Misleading Bonuses? Terrible terms that mean that winning a jackpot means a few thou a month not a jackpot? Lack of disclosure of RTP? No game description to allow you to work out optimal play?
This is the chance to ask for the rules you want. Also the rules will apply to the big software suppliers like PlayTech ad Microgaming not just their front organisations.
Have fun.
They have just said in their newsletter that this will begin later this week.
This is important because every major poker and casino site will have to get a UK Licence next year if they want UK customers and the conditions within the LCCP will apply to all players, not just those in the UK.
Essentially those LCCP regulatory rules will be the new default standard for online poker/casinos that the sites need to comply with.
The Chair of the UKGC has made clear that two major parts of the consultation will be:
1) Player fund protection
(post the Full Tilt debacle. That had a big impact upon the regulator and the politicians and the new tax law (Point of Consumption) will include new powers for the commission on player funds).
2) Poker Regulation
Currently the UK has one tiny poker licencee and so little or no experience of online poker regulation. It does have the legislative structure and powers to do the job well but they will need to be encouraged to do so.
I will be doing a poker based submission to the consultation but anyone with any interest in remote gambling should be looking to submit their views to the consultation.
There is no shortage of issues, pick your fave and have your say. Reversal of withdrawals? Misleading Bonuses? Terrible terms that mean that winning a jackpot means a few thou a month not a jackpot? Lack of disclosure of RTP? No game description to allow you to work out optimal play?
This is the chance to ask for the rules you want. Also the rules will apply to the big software suppliers like PlayTech ad Microgaming not just their front organisations.
Have fun.
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