New Bingo Sites Licensing And Regulation In The UK
As the online bingo site industry goes from strength to strength, players everywhere are heading online to join the revolution.
Though exciting for players, the sheer variety of sites does plenty to raise concerns around the safety of these new sites. Newcomers to the industry will be especially vulnerable and if you fall into this category you can view a list here of fully licensed and regulated new bingo sites.
Fortunately, authorities such as the United Kingdom Gambling Commission (UKGC) make sure that UK bingo sites are secure for play by adding a variety of rules and regulations for them to abide by.
In this article, we will take a look at new bingo sites licensing and regulation in the UK. We will assess the key points that all sites need to abide by in order to obtain authorisation from the UKGC.
So, without further ado, let’s take a look at the new bingo sites licensing and regulation in the UK.
Licensing and Regulation in the UK: The Gambling Act 2005 & 2014
Right now, the dialogue around gambling regulation in the UK is becoming more prominent. Clearly, plenty of the issues stem from the Gambling Act 2005 & 2014.
In the UK, the 2005 Act was a marquee moment for UK bingo sites. Over forty years in coming, the act stated that gambling sites could not be a route to covering up crime. In addition, it said that gambling must be legitimate and that online bingo sites have to stop children and vulnerable people from engaging in their wares.
The UKGC was in fact a product of the 2005 Gambling Act, which offered gambling businesses the chance to advertise in the UK. The 2014 Act though, took a swipe at advertising misuse on the part of UK bingo sites.
What’s more, the 2014 Act was to look at UK bingo sites and prevent offshore sites from aiming at UK citizens with dodgy bingo.
UK bingo sites have to be aware of where all players are located and that they meet the legal age to use the site. For this, all players have to input their age and nation at the point of payment for any bingo site in the UK.
Other bingo sites open to play in the UK
Not every site offering bingo to a British audience has to go through UKGC regulation. Indeed, the UKGC itself uses a ‘whitelist’ of foreign bodies whose licensed bingo sites are allowed to serve people in the UK due to the fact that the UKGC views them as possessing solid standards of regulation.
In the UK, players can use sites from bodies such as all of those from the European Economic Area as well as Alderney, Antigua and Barbuda, Gibraltar, Isle of Man and Tasmania.
How do sites obtain UK Bingo Site Regulation in 2021?
It is vital to consider things like the protection of money and separation of funds are key for bingo sites wanting to get UKGC authorisation. In addition, anti-money laundering regulations are strict in the UK, whilst the provision of credit regulations, moral and clear practices and ethical advertising and placement are maintained at all times.
