Key Year-End Conclusions for the UK Market
The online casinos in the UK are expanding very quickly thanks to more
liberalized gambling policies and a surge in interest in the pastime. The UK’s
Gambling Commission runs one of the tightest ships in the industry and as such
has created a safe and well regulated gambling market that allows gamblers the
peace of mind that the licensed sites are reputable and honest. Very stringent
regulations have also successfully kept problem gambling addictions from rising
significantly with the rise in online casino gambling activities – no easy feat
for sure. Thanks to the regulations and restrictions in the UK, the entire
European marketplace is safer. Specifically in regards to the UK gambling
industry though, the Gambling Commission has finished one fiscal year and
released the Commissions round-up report of facts and information.
The report is really divided into two main focus areas – the first half of last
year the Commission was primarily focused on licensing new online casinos. As
the year progressed though the licensing process took a back seat to initiatives
to ensure that all of the licensed online casino gambling sites fully complied
with the UK regulations and restrictions. Stats for the first focus area noted
that the Commission licensed a full 3,428 gambling operators, issuing the
operators with either both remote and non-remote gambling licenses as required.
The second focus area meant that not only did the Commission focus on the online
casinos, but a survey was also conducted and concluded that really provided
detailed information on the rate on land and internet gambling, the extent, and
other demographic information. Importantly, the survey was also used to monitor
problem and addictive gambling levels in the UK – nothing notable was found. |