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UK Setting the Standard
August 30, 2007, 5:17 am (4 years ago)The UK’s recent involvement in the online gambling industry has started many conversations this week. The new regulatory efforts to take place on September 1st have been a welcome move by some, but not all.
The UK has placed bans on advertising for online gambling sites, due to their regulatory efforts. While most welcome this move, there are always those who will be overly critical. The latest moves by the UK have caused surprise in the lives of gambling officials and players alike.
The current regulatory law concerning gambling in the UK is around 50 years old. Some would agree that it’s time for them to bring it up to date. The problem seems to be that the new law includes a lot of online multiplayer games that offer prizes. These include video or role playing games, such as EverQuest. The law makes it a criminal offense to provide facilities for gambling without a proper license, and since such games offer prizes that have a monetary value, they are classified as pseudo-online gambling games
The only solution would be for the games’ operators to obtain a proper license from the UK’s Gambling Commission, which seems to be a fair practice. The UK plans to enforce regulations to ensure that online gambling is fair, and protects the consumer to its fullest power.
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