Following the introduction of point of consumption licensing requirements, offshore operators need a UKGC license.
The updated FAQ guides players and operators through the main points of new gambling laws and regulations.
Segregate, report and inform are the key elements of the UKGC’s player fund protection policy which rejects compulsory insolvency protection measures.
MasterCard, Visa and PayPal have all agreed to block transactions with unlicensed gambling companies when new UK laws come into force.
Shared liquidity was seen as a possible solution to the declines in the Spanish and Italian poker markets.
Six potential options—from fund segregation, to trust funds, even reserves held by the regulator itself—are proposed, and the industry has until December to respond.
UK proposals for Point of Consumption (PoC) based gambling regulation have been broadly approved by the parliamentary…
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