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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 :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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