The UK Gambling Commission (UKGC) has launched a new consultation to allow members of the industry to have their say on proposed regulation changes that are aimed at preventing crime linked to gambling.
The new proposals focus on improving practices to keep gambling free of crime and distance it from any association with criminal activities.
The consultation comes almost 10 years after Gambling Act 2005 was introduced in the UK, with the proposals drawing on evidence and experience gathered by both the UKGC and the wider industry during the period.
“Advances in technology and changes in consumer preference are posing new challenges to keeping crime out of gambling, but also offering new solutions to the problems,” a UKGC spokesperson said.
“The consultation proposes a number of specific changes to licence conditions in the light of experience – for example, requiring all operators to assess the risk of their business being used for money laundering.
“It also invites informed public debate on other emerging issues, such as the use of digital currencies in gambling.
“This consultation offers an opportunity for everyone to have their say on a series of critical questions.
“We expect that licensees will want to share their own experience and good practices in order to help keep gambling crime free.”
source : www.igamingbusiness.com
