In the past we have talked about obtaining a license from the Gambling Commission for owning and operating a gambling website/premises. This time, we will discuss the details of the licence itself - the restrictions, responsibilities and requirements you must meet to hold it. There are a series of regulations every operator must abide to to continue providing services, geared towards the protection of the customer and ensuring all operations are entirely legal. There are 3 main aims of the Gambling Commission’s regulations: crime prevention, the protection of underrage and vulnerable people, and that the gambling is conducted fairly and honestly.
These are the responsibilities given to businesses by the Gambling Commission to ensure that all vulnerable and underrage potential users are protected from the possible harming effects of gambling. Firstly, the Gambling Commission requires you to comply with the licence conditions and codes of practice (LCCP). This is a list of guidelines that must be abided by to ensure safe conduct, and are changed regularly to remain relevant to current laws and trends. The social responsibilities of a business also involve being proactive against any users who should not be exposed to gambling facilities. An example of this prevention may be an identity check, in which the user is checked to decide if they are of an acceptable age, and is usually done through bank account checks or personal identification checks.
Gambling is a very popular method in which criminals may attempt to launder money through. Particularly common among machines (such as slot machines), those who hold large amounts of illegally-obtained money will input it all into either a gambling machine, or a website, and although they will lose some, the vast majority of the money will be returned. This money will then seem entirely legal, masking its true origins. As a result of this, the Gambling Commission placed the onus on the operator to comply to anti money laundering regulations. These involve the monitoring of active users, and reporting any suspicious activity to authorities, along with the identity checks mentioned previously.
Every business that holds a licence and operates in the UK must comply with a series of technical standards. Whilst these standards ‘should not be used as a measure of reliability, quality or security’, they result in all the technology used in gambling avenues being fair and unbiased. These include requirements for machines, remote gambling (websites) and casinos/bingo premises. It is therefore recommended to consult with a licensed gambling developer when looking to create software, as they will be familiar with the standards necessary.