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UK GAMBLING COMMISSION PREPARED TO ACCEPT VALIDITY OF EXTERNAL LICENSES

Posted 1/27/11 : dvertising white list regulators would be favourably considered
 
ICEi at London's Earl's Court this week has been the scene of several key conferences in addition to the massive expo of internet gambling technology and products. Key government and business executives attending the event have made some interesting observations, one of the more practical being from the head of the UK Gambling Commission, Jenny Williams, who told the publication Gambling Compliance that the Commission is considering the acceptance of bona fide regulatory checks carried out in other jurisdictions.
 
Such a move will be welcomed by online gambling operators licensed in offshore jurisdictions and concerned at recent suggestions that a form of secondary licensing and possibly expensive re-inspection may be required by the UK authorities as a prerequisite for being allowed to continue advertising in the UK market.
 
Williams told the publication that the Commission would be 'happy' to accept bona fide regulatory checks and monitoring imposed by other jurisdictions, especially those accepted on the Commission's advertising 'white list' such as Gibraltar, Malta, Alderney, and Antigua.
 
Williams emphasised the need for the Commission to be satisfied that all of its regulatory requirements were met, and if there were 'gaps' in an operator's licensing regime then these would have to be addresses through additional inspection and testing.
 
“We are very happy to outsource to another regulator, or if they do not have the capability then to a consultancy group,” Williams told Gambling Compliance, explaining that the Commission has limited resources and does not plan to expand its staffing levels.
 
The publication reports that Williams opined that a change in licensing rules could be done relatively quickly during the next parliamentary session and would not require a change in primary legislation but merely amendments to the 2005 Gambling Act. There may be tax implications for offshore operators in such a move, she suggested.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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