Tag: Protection
UK Gambling Commission Player Funds Protection
Gambling Kingz – It has taken 12 weeks for the UK Gambling Commission player funds protection decisions to be made. For players, the three month consultation period was worth the wait in order to be ensured of better guidelines to keep their funds safe. While not all operators have failed to protect player funds, there have been some that have, and because of that, the need to regulate this issue came about. The UK Gambling Commission has made the decision that player deposits must be kept segregated from other funds. This means that when players make deposits, these deposits should…
Gambling Reform in U.K. Focuses on Punter Protection
Online-Casino.com – The online gambling industry in the United Kingdom is set to undergo major changes which some operators who dodged the tax bullet last time by moving to Gibraltar and other tax friendly jurisdictions now having to face the music. The proposed changes in the way the U.K. government regulates the online gambling industry have been met with a fair amount of resistance from the operators who say the new tax regime will minimize profit and turn punters away. The government has been listening and the UK Minister for Sport, Tourism and Equalities, Helen Grant recently announced changes to…