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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.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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