News

UK GAMBLING OPERATORS FACE HARSH NEW REALITY AS NEW RULES HIT FROM TOMORROW

Tough new age and ID verification rules go into effect for UK betting, gaming and remote lottery operators from tomorrow (Tuesday 7th May).

Tough new age and ID verification rules go into effect for UK operators tomorrow (Tuesday 7th May).

From tomorrow, operators will need to complete age and identity verification processes before a customer can deposit, gamble, or even play free demo games.

The changes to LCCP will hit UK-facing betting and gaming operators and some remote lotteries, and include:

·        New licence condition 17 which sets out minimum requirements for identity verification

·        Changes to Social Responsibility Code Provision 3.2.11 for age verification for remote betting and gaming

·        Changes to Social Responsibility Code Provision 3.2.13 for age verification for some remote lotteries

Operators should also remember that the Competition and Markets Authority (CMA) has already established that UK consumers are legally entitled to money they have deposited in their account, to winnings made with deposited and gambled money, and winnings made from bonuses where relevant conditions have been met (subject to AML and other regulatory requirements).

This means that the failure of a customer to provide the required documentation to verify their age and ID will not justify the confiscation of any funds.

For a more detailed explanation of the reasoning behind the new rules, you can see the official UKGC consultation response document here.

 

AYO.NEWS says:

The new rules are going to make life much harder for UK operators. With customers no longer able to even try free demo games without going through the hassle of registering and verifying their ID, it will likely mean it gets much, much harder to tempt players to try a new casino or sports betting site. Of course, this will play right into the hands of the big, established operators like GVC.  

Source: https://ayomnews


Back To All News

Tags: Curacao gaming licence,gaming licence,Financial Institution Licence,Payment Institution,Incorporation of company in Malta,Malta gaming licence,online gaming license,Incorporation of company in Bulgaria,E-Money licence

.................................