New Online Gambling Rules
Added: Nov. 21, 2016
This time, the rules are being put in place by the U.K. Gambling Commission (UKGC). As you know, the U.K. has been one of the most proactive countries around the world to embrace legal, regulated online gambling activities. As such, nowadays when other locales contemplate online gambling legislation or regulation the U.K. is looked to as a working demonstration in which to model. In other words, when the UKGC makes a move one way or the other, heads turn all over the world to take a look at the latest action.
It turns out that the UKGC let it be known that it is proposing changes to both its online gambling software as well as to its technical standards. One such change proposed by the UKGC is with respect to the increasingly popular in-play betting choices being offered to online gambling fans. The UKGC wants to mandate a new requirement for live in-play betting. This requirement would allow the customers to choose whether or not to automatically accept price changes that occur after the wager is placed.
According to language offered by the UKGC, these options would have to be clearly presented along with the betting slip or prominently displayed within the account settings. Moreover, the UKGC wants the on line gambling operators to provide adequate information so that the online casino player can easily understand the options available.
Another issue that the UKGC wants addressed has to do with the so-called confiscated funds. The issue of confiscated funds shows up most often with online poker gambling choices. According to the UKGC, the online gambling operators should provide a “brief description” highlighting gambling site’s policies in place with respect to these confiscated funds.
Yet another situation that the UKGC is looking to address is that of third party software. In this case, the term third party software refers to the use of such add-ons as heads up displays, seating scripts and even specially engineered bots. That being said, it is important to note that the UKGC did express that as of now, it is not appropriate for the UKGC to highlight which 3rd party software it finds appropriate.
At the same time, the UKGC is making the case that the online gambling operators should display any and all acceptable third party software. In addition to all of that, the casinos should regularly inform their online casino players of the 3rd party software policies in place.
Bottom line is this: as you can see from the above, the UKGC is proposing new online casino rules to better protect the online casino player.