The UK Gambling Commission is an executive non-departmental public body of the Government of the United Kingdom, which is responsible for the regulation of gambling as well as the overall supervision of gaming in the region. This supervision is in reference to everything from arcades, betting shops, slot machines, lotteries, including the national lottery, and, of course, casinos.
For any online casino player, one of the most common concerns is regarding the legitimacy and transparency of the service providers they choose to use. The UK Gambling Commission states that their aim, and therefore their purpose, is to protect the individual players and to keep crime out of the gambling industry as a whole. This article has been put together to highlight how the Commission does this, by outlining some of the penalties that have be handed down to casino providers in the United Kingdom in 2022.
Before delving into specific penalties handed down in the United Kingdom, it is worth taking the opportunity to remind you that the sole purpose of the UK Gambling Commission is to keep the industry safe. Moreover, it is worth stating that this Commission does that very successfully. It is thanks to their great work that casino players in the United Kingdom can play their favourite casino games with the peace of mind that they are doing so in a safe and secure manner. Take for example Griffon Casino, which you can learn more about here, which has an excellent track record in relation to safety, as well as a brilliant reputation for the quality and variety of its casino services. It is down to the work of the UK Gambling Commission that service providers such as this can thrive in the industry.
Why are penalties handed down to casino providers?
There are a number of reasons casino providers are subjected to penalties by the UK Gambling Commission. If we focus in on a selection of the penalties that were handed out in 2022, the objective of the Commission’s regulation and supervision will become clear.
All gambling companies, including casino providers, are required to meet strict social responsibility standards, including, for example, carrying out financial checks after a customer has deposited £40,000 or more. Upon failure to do so, as was the case for two online casinos at the beginning of 2022, they will be forced to pay fines in the form of a regulatory settlement.
Similar fines have been handed out for money launderings failings, as well as for failing to identify vulnerable customers. Additionally, the UK Gambling Commission also regularly gives casino providers official warnings, with some having to undergo extensive independent audits as a direct result of this.
The bottom line
The UK Gambling Commission hands out these penalties in order for British players to know that when they choose to play casino games online, that they can do so in safe and crime-free environment. It is these measures that have allowed online casinos to become as popular as they have in the digital age.
Please play responsibly. For more information and advice visit www.begambleaware.org