UK Gambling Laws
Your visit to the city of London or Manchester can just not be complete without you visiting any one of the casinos. Specifically now, as the gambling laws have been relaxed, a ‘punter’ in literal terms can have a ‘relaxed’ visit to the casino and play the game UFABET he wants. ‘Relaxed’ may be a pun in the context as Casinos brim with action at all times. One thing is for sure, UK Gambling Laws have been formed now in such a way that gambling can indeed be treated as a fun activity.
What are the UK Gambling Laws?
o Establishment a single regulatory authority – The latest change to the UK Gambling Laws has been to establish a single regulatory authority that will regulate and monitor the activity of gambling in the United Kingdom. This authority will regulate and prescribe rules to entities that promote and conduct gambling activities.
o The UK Gambling Commission – In the United Kingdom, it is believed now that the word gambling starts and ends with “The UK Gambling Commission”. This is the single regulatory authority which we discussed a while before. The UK Gambling Commission’s major role is to provide licenses to all the gambling operators. With workers in casinos and gambling outlets a major factor to customer’s experience, the commission also regulates licenses to key workers in the gambling outlets.
o Tests for Gambling Operators – Gambling operators in the UK have never had it so tough in the UK to get their licenses. Now, it is mandatory for the gambling operators to undergo a three part test also known as the Fit and Proper Test. This is done for them to get an operating license. The Fit and Proper test examines the applicant’s suitability to the role, financial stability, knowledge and competence in gambling. The applicant is required to pass all the three examinations to be considered eligible to get the operating license. The UK Gambling Commission conducts monitoring and inspection activities on the applicant and the casino. This is a due diligence activity carried out by the UK Gambling Commission to ensure that all the standards prescribed to the gambling operators are met consistently.
o Licenses for Corporate clients – Should you be a director of a casino, you would be considered as a corporate client. In all probabilities, you and other key members of your management team would need to undergo a test conducted by the UK Gambling Commission.